Delta Autocorp Limited IPO

NSE SME

Listed On: Jan 14, 2025 at ₹ 175.0

₹ 130000 /1000 Shares

Check Allotment

Delta Autocorp IPO Details

07 Jan, 2025

Open Date

09 Jan, 2025

Close Date

10 Jan, 2025

Allotment Date

14 Jan, 2025

Listing Date

Issue Price

₹123-130 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Link Intime India Private Ltd

List Price

175.0

Listing Date

2025-01-14

Market Lot

1000 Shares (₹130,000/-)

Lead Manager

GYR Capital Advisors Private Limited

Issue Size

42,00,000 shares(aggregating up to ₹54.60 Cr)

Retail Portion

35%

Subscription

342.21 times

IPO Docs

DRHP RHP

Delta Autocorp IPO Subscription Details

As on	QIB / NII	Retail	Total
Shares Offered / Reserved	7,81,000 / 5,87,000	13,68,000	27,36,000
Day 1 - 07-01-25 06:00 PM	0.78 / 8.39 x	23.59 x	13.81 x
Day 2 - 08-01-25 06:00 PM	2.71 / 39.76 x	98.49 x	58.55 x
Day 3 - 09-01-25 06:00 PM	178.64 / 624.79 x	314.34 x	342.21 x

Total No. of Applications: 4,58,617 (Approx)

Delta Autocorp Valuations

EPS Pre IPO

₹7.21/-

EPS Post IPO

₹5.39/-

P/E Pre IPO

18.03

P/E Post IPO

24.11

RoNW

21.18%

Delta Autocorp Company Financials All values are in ₹ Lakh

	31-Mar-24	31-Mar-23	31-Mar-22	31-Mar-21
Assets	3,461.35	2,109.41	2,033.71	789.67
Revenue	8,116.73	8,055.86	5,753.41	1,674.28
Profit After Tax	822.00	513.13	419.97	42.08

About The Company

Delta Autocorp Limited is engaged in the business of manufacturing and selling of 2-wheelers & 3-wheelers EVs.

Initially concentrating on developing electric 3-wheelers prototypes, they marked a significant milestone in 2017 with the launch of their first E-Rickshaw, boasting an impressive mileage of over 150 Km.

As of 31 January 2024, the company has 141 employees.

Delta Autocorp - Promoter(s)

Pre Issue Share Holding: 97.59%

Post Issue Share Holding: %

Company Promoter(s)

Mr. Ankit Agarwal
Mrs. Priyanka Agarwal
Mr. Sanwarmall Agarwalla

Delta Autocorp IPO - Issue Objectives

Funding of Expenditure towards Setting up an Electric Three-Wheeler Fabrication Plant & Painting Plant.
Investment in New Product Development.
Funding of working capital requirement.
General Corporate Purposes.
To meet out the Offer Expenses

Delta Autocorp IPO - FAQs

Ans. Delta Autocorp Limited IPO is a SME IPO. The issue is priced at ₹123-130 per equity share. The minimum order quantity is 1000 Shares. The IPO opens on Jan 7, 2025, and closes on Jan 9, 2025. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The Delta Autocorp Limited IPO opens on Jan 7, 2025 and closes on Jan 9, 2025.

Ans. The size of Delta Autocorp Limited IPO is 42,00,000 shares(aggregating up to ₹54.60 Cr).

Ans. The IPO price band is set between ₹123-130 per equity share.

Ans. To apply for Delta Autocorp Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Delta Autocorp Limited IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of Delta Autocorp Limited IPO is Jan 10, 2025.

Ans. The Delta Autocorp Limited IPO will be listed on Jan 14, 2025.

Ans. Follow the steps to check the allotment status for Delta Autocorp Limited IPO here.