Delta Autocorp IPO open date is January 7, 2025, and the IPO will close on January 9, 2025. Delta Autocorp IPO is a Book Built Issue. The company aims to raise around ₹54.60 crores via IPO that comprises a fresh issue of ₹50.54 crores and an offer for sale up to 3,12,000 equity shares with a face value of ₹10 each. Delta Autocorp IPO price band is ₹123 to ₹130 per share. The retail quota is 35%, QIB is 50%, and HNI is 15%. Delta Autocorp IPO will list on NSE on January 14, 2025. The allotment of Delta Autocorp IPO date is January 10, 2025. The company reported revenue of ₹80.56 crores in 2023 against ₹57.53 crore in 2022. The company reported profit of ₹5.13 crores in 2023 against profit of ₹4.20 crores in 2022. As per the financials, IPO investors should apply for the IPO for the long term.
Delta Autocorp IPO Details
Field
Value
ipo title
Delta Autocorp NSE SME
status
Listed
gain percentage
34.62%
subscription
342.1x
price
130
gmp
105
est listing
235 (80.77%)
ipo size
₹ 54.60 Cr
Delta Autocorp IPO Dates
Field
Value
lot
1,000
open
07-Jan
close
09-Jan
boa dt
10-Jan
listing
14-Jan
Delta Autocorp IPO Financial Report
The company reported revenue of ₹80.56 crores in 2023 against ₹57.53 crore in 2022. The company reported profit of ₹5.13 crores in 2023 against profit of ₹4.20 crores in 2022.
Financial Year
2021
2022
2023
Revenue
₹16.74
₹57.53
₹80.56
Expense
₹16.19
₹51.89
₹73.69
Profit After Tax
₹0.42
₹4.20
₹5.13
Total Assets
₹7.90
₹20.34
₹21.09
About Delta Autocorp IPO
Founded in 2016, Delta Autocorp Limited is one of the growing companies in manufacturing and selling of 2-wheelers & 3-wheelers. They manufacture electric vehicles using advanced components from Original Equipment Manufacturers (OEMs). They also designed specific components for their vehicles. The company mostly focused on developing electric 3-wheelers at first and running their business smoothly. In 2017, they decided to launch the first E-rikshaw, offering an incredible range of over 150 kilometers. After analyzing their customer’s requirements, they decided to widen their product portfolio by adding electric 2W vehicles. In 2018 they saw the hype around 2W vehicles and started developing prototypes of electric-2 wheelers and in 2019 they launched the first electric 2W model. They are first to hear the demand of their customers and launch 2-tier and 3-tier scooters which are not only stylish but affordable and sturdy too. Delta Autocorp Limited mainly focuses on working in B2B business transactions. As of now, the business currently collaborates with over 250 strong distribution networks.
Delta Autocorp IPO is a SME IPO where the company aims to raise ₹54.60 Crores. The issue is priced at ₹123 to ₹130 per equity share and will be listed on NSE.
When will Delta Autocorp IPO open for subscription?
The IPO will open for subscription on January 7, 2025, and will close on January 9, 2025.
What is the investors’ portion for Delta Autocorp IPO?
The portion for QIB investors is 50%, for NII is 15%, and for Retail is 35%.
How to apply for the Delta Autocorp IPO?
You can apply for the Delta Autocorp IPO via ASBA online through your bank account, or via UPI through your stock brokers. Offline forms can also be filled via your stock brokers.
What is the Delta Autocorp IPO issue size?
The issue size for Delta Autocorp IPO is ₹54.60 crores.
What is the Delta Autocorp IPO price band?
The price band for the IPO is ₹123 to ₹130 per equity share.
What is the Delta Autocorp IPO lot size?
The minimum lot size is 1000 shares, amounting to ₹1,30,000.
What is the Delta Autocorp IPO allotment date?
The allotment date for Delta Autocorp IPO is January 10, 2025.
What is the Delta Autocorp IPO listing date?
The IPO will list on January 14, 2025, on NSE.
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