Emmforce Autotech Limited IPO
Emmforce Autotech Limited is a BSE SME IPO listed on the BSE SME platform, priced at ₹93–₹98 per share. The stock debuted at ₹186.2, delivering a listing gain of 90.0%. The IPO had a lot size of ₹1200 shares and a minimum investment of ₹1,17,600.
Emmforce Autotech Limited IPO
- IPO Dates
- Apr 23, 2024 – Apr 25, 2024
- Price band
- ₹93-98 per equity share
- Minimum Investment
- ₹1,17,600
- Issue size
- ₹53.9 Cr
- Lot size
- 1200
- Allotment Date
- Apr 26, 2024
- Listing
- Apr 30, 2024
- Listing At
- BSE SME
IPO timeline
-
Apr 23, 2024
Open Date
Completed
-
Apr 25, 2024
Close Date
Completed
-
Apr 26, 2024
Allotment Date
Completed
-
Apr 30, 2024
Listing Date
Completed
Emmforce Autotech Limited IPO Essentials
Emmforce Autotech Limited IPO Details
Emmforce Autotech Limited IPO is priced at ₹93-98 per share with a total issue size of 53.9 crore. The IPO has a lot size of 1200 shares and is listed on BSE SME.
- Issue price
- ₹93-98 per equity share
- Lot size
- 1200 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 5,499,600 shares(aggregating up to ₹53.90 Cr)
- Total issue size
- 54,99,600 shares
(aggregating up to ₹53.9 crore) - Fresh issue
- 54,99,600 shares
(aggregating up to ₹53.9 crore) - Listing at
- BSE SME
- List price
- 186.2
- Listing date
- Registrar
- Link Intime India Private Ltd
- Lead manager
-
Beeline Capital Advisors Pvt Ltd
Market Lot Size
Investors can bid for a minimum of 1200 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 1200 | ₹1,17,600 |
| Retail(max) | 1 | 1200 | ₹1,17,600 |
| NII (min) | 2 | 2,400 | ₹2,35,200 |
Emmforce Autotech Limited IPO Reservation
Emmforce Autotech Limited IPO reservation details show category-wise allocation of shares. Out of the total 5,499,600 shares, approximately 19.01% are reserved for QIB, 14.25% for NII, 33.25% for retail investors, 5.02% for market maker, and 28.47% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 1,566,000 (28.47%) | |
| Market Maker Shares Offered | 276,000 (5.02%) | |
| QIB Shares Offered | 1,045,200 (19.01%) | |
| NII (HNI) Shares Offered | 783,600 (14.25%) | |
| Retail Shares Offered | 1,828,800 (33.25%) | |
| Total Shares Offered | 5,499,600 (100%) |
Emmforce Autotech Limited IPO Analytics
Emmforce Autotech Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Emmforce Autotech Limited IPO Subscription Status
Emmforce Autotech Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| 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 |
Emmforce Autotech Limited Valuations
Earnings
- EPS Pre IPO
- ₹2.93/-
- EPS Post IPO
- ₹4.28/-
- P/E Pre IPO
- 33.5
- P/E Post IPO
- 22.9
Returns
- RoNW
- 2.83%
- PAT Margin
- 8.42%
Fundamentals
- Price / Book
- 9.52
Emmforce Autotech Limited Financials( In Lakhs)
| 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 |
Emmforce Autotech Limited Company & Offer Insights
About Emmforce Autotech Limited
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)
Mr. Ashok Mehta, Mrs. Neetu Mehta, Mr. Azeez Mehta are the company's promoters of Emmforce Autotech Limited.
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.
Emmforce Autotech Limited IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Emmforce Autotech Limited | 2.93 | 2.93 | 15.63 | N/A | 18.71 | 6.27 | Standalone |
| Divgi Torqtransfer Systems Limited | 18.45 | 18.45 | 360.53 | 44.31 | 9.28 | N/A | Standalone |
Notes:
- Basic & Diluted Earnings per Share (EPS) and Net Asset Value (NAV) per share are calculated on the weighted average number of shares after considering the Bonus Issue of Shares.
Contact Information
Contact Details
Emmforce Autotech Limited
+91- 9876009999
Plot No. 287, Industrial Area, Phase II Industrial Estate, Panchkula -134113
Registrar Contact Details
Link Intime India Private Ltd
+91-22-4918 6270
Frequently Asked Questions
Click any question to reveal the answer
Emmforce Autotech Limited IPO is a book-built IPO worth ₹53.9 crore. The price band is ₹93–₹98 per share. The IPO opens on Apr 23, 2024 and closes on Apr 25, 2024. It will be listed on BSE SME Platform. Link Intime India Private Ltd is the registrar.
The price band of Emmforce Autotech Limited IPO is ₹93 to ₹98 per share.
The lot size of Emmforce Autotech Limited IPO is 1200 shares.
The minimum investment for Emmforce Autotech Limited IPO is approximately ₹1,17,600 based on the upper price band .
Emmforce Autotech Limited IPO opens on Apr 23, 2024 and closes on Apr 25, 2024.
The allotment date of Emmforce Autotech Limited IPO is Apr 26, 2024.
Emmforce Autotech Limited IPO is expected to be listed on Apr 30, 2024, on BSE SME Platform.
Emmforce Autotech Limited IPO valuation snapshot: P/E 22.9, EPS ₹4.28/-, P/B 9.52, RoNW 2.83%, and market cap N/A.
To apply for Emmforce Autotech Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Emmforce Autotech Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Emmforce Autotech Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Emmforce Autotech Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Emmforce Autotech Limited IPO allotment status on IPO Ji for quick and easy access.