Emmforce Autotech Limited IPO

BSE SME

Listed On: Apr 30, 2024 at ₹ 186.2

₹ 117600 /1200 Shares

Check Allotment

Emmforce Autotech Limited IPO Details

23 Apr, 2024

Open Date

25 Apr, 2024

Close Date

26 Apr, 2024

Allotment Date

30 Apr, 2024

Listing Date

Issue Price

₹93-98 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE SME

Registrar

Link Intime India Private Ltd

List Price

186.2

Listing Date

2024-04-30

Market Lot

1200 Shares (₹117,600/-)

Lead Manager

Beeline Capital Advisors Pvt Ltd

Issue Size

5,499,600 shares(aggregating up to ₹53.90 Cr)

Retail Portion

35%

Subscription

338.87 times

IPO Docs

DRHP RHP ANCHOR

The IPO of Emmforce Autotech Limited is priced at ₹93-98 per equity share, which has a face value of ₹10 Per Equity Share each. The company shall list its equity shares on BSE SME. Link Intime India Private Ltd is the registrar of the issue.

Emmforce Autotech Limited IPO bid opening date is from Apr 23, 2024 and the bid closing date was Apr 25, 2024.
Emmforce Autotech Limited IPO allotment result will be available on Apr 26, 2024. The tentative listing date for Emmforce Autotech Limited is Apr 30, 2024.

The total issue size is 5,499,600 shares(aggregating up to ₹53.90 Cr).

As on	QIB / NII	Retail	Total
Shares Offered / Reserved	1,045,200 / 783,600	1,828,800	3,657,600
Day 1 - 23-04-24 06:00 PM	1.03 / 31.60 x	29.34 x	21.73 x
Day 2 - 24-04-24 06:00 PM	10.57 / 117.14 x	92.57 x	74.40 x
Day 3 - 25-04-24 06:00 PM	160.58 / 637.72 x	267.62 x	338.87 x

Total No. of Applications: 4,79,142 (Approx)

Emmforce Autotech Limited Valuations

EPS Pre IPO

₹2.93/-

EPS Post IPO

₹4.28/-

P/E Pre IPO

33.5

P/E Post IPO

22.9

RoNW

2.83%

PAT Margin

8.42%

Price to Book Value

9.52

Emmforce Autotech Limited Company Financials All values are in ₹ Lakh

	31-Mar-23	31-Mar-22	31-Mar-21
Assets	4,895.40	5,257.36	3,384.41
Revenue	4,875.32	7,138.13	5,185.32
Profit After Tax	438.85	732.58	508.91
Net Worth	2,344.95	2,129.09	1,524.82
Total Borrowing	1,535.43	1,651.09	501.70

About The Company

Emmforce Autotech Limited is a company that was established in 2012. It is a manufacturer and exporter of drivetrain parts for niche vehicles.

The following are the products of the company such as differential housings, differential locks, differential covers, 4WD locking hubs, spindles, axles and shafts, gear shifters, yokes, differential spools, differential tools, among others are its forged/cast differential parts mostly for 4WD and high-performance racing vehicles.

The company had 128 employees as of October 31, 2023.

Emmforce Autotech Limited - Promoter(s)

Pre Issue Share Holding: 100%

Post Issue Share Holding: 73.17%

Company Promoter(s)

Mr. Ashok Mehta
Mrs. Neetu Mehta
Mr. Azeez Mehta

Emmforce Autotech Limited IPO - Issue Objectives

Investment in a Subsidiary Company i.e. Emmforce Mobility Solutions Private Limited (EMSPL) in the form of equity or debt for meeting the requirement of working capital and margin money for term loan of the Subsidiary Company.
To Meet the Working Capital Requirements of the company.
General Corporate Purpose.

Other Details

Company Contact Details

Emmforce Autotech Limited

Plot No. 287, Industrial Area, Phase II Industrial Estate, Panchkula -134113

Phone: +91- 9876009999

Email: info@emmforce.com

Website: http://www.emmforce.com/

Registrar Contact Details

Link Intime India Private Ltd

Phone: +91-22-4918 6270

Email: emmforce.ipo@linkintime.co.in

Website: https://linkintime.co.in/initial_offer/public-issues.html

Emmforce Autotech Limited IPO - FAQs

Ans. Emmforce Autotech Limited IPO is a SME IPO. The issue is priced at ₹93-98 per equity share. The minimum order quantity is 1200 Shares. The IPO opens on Apr 23, 2024, and closes on Apr 25, 2024. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Ans. The Emmforce Autotech Limited IPO opens on Apr 23, 2024 and closes on Apr 25, 2024.

Ans. The size of Emmforce Autotech Limited IPO is 5,499,600 shares(aggregating up to ₹53.90 Cr).

Ans. The IPO price band is set between ₹93-98 per equity share.

Ans. To apply for Emmforce Autotech Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Emmforce Autotech 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 Emmforce Autotech Limited IPO is Apr 26, 2024.

Ans. The Emmforce Autotech Limited IPO will be listed on Apr 30, 2024.

Ans. Follow the steps to check the allotment status for Emmforce Autotech Limited IPO here.