Delta Autocorp Ltd IPO
Price Range
₹123 - ₹130
-
Min. Quantity
1,000 Shares
Closes on
9 January 2025
-
Min. investment
₹1,30,000
Delta Autocorp Ltd IPO Timeline
| Event | Date |
|---|---|
| Delta Autocorp Ltd IPO Opening Date | 7 January 2025 |
| Delta Autocorp Ltd IPO Closing Date | 9 January 2025 |
| Basis of Allotment | 10 January 2025 |
| Initiation of Refunds | 13 January 2025 |
| Credit of Shares to Demat | 13 January 2025 |
| Delta Autocorp Ltd IPO Listing Date | 14 January 2025 |
Delta Autocorp Ltd IPO Details
| Delta Autocorp Ltd IPO Date | 7 January 2025 to 9 January 2025 |
| Delta Autocorp Ltd IPO Face Value | ₹10 per share |
| Delta Autocorp Ltd IPO Price | ₹123 to ₹130 per share |
| Delta Autocorp Ltd IPO Lot Size | 1,000 |
| Issue Size | Shares of ₹10 (aggregating up to ₹54.6 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹50.54 Cr) |
| Offer for Sale | Shares of ₹10 (aggregating up to ₹4.06 Cr) |
| Issue Type | Book Building - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | Not more than 7,81,000 of the Net Offer |
| Retail Shares Offered | Not less than 13,68,000 of the Net Offer |
| NII (HNI) Shares Offered | Not less than 5,87,000 of the Net Offer |
| Company Promoters | Ankit Agarwal, Priyanka Agarwal, Sanwarmallagarwalla |
Delta Autocorp Ltd IPO Lot Size
The Delta Autocorp Ltd IPO lot size is 1,000 shares. A retail-individual investor can apply for up to 1 lots (1,000 shares or ₹1,30,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 1,000 | ₹1,30,000 |
| Maximum | 1 | 1,000 | ₹1,30,000 |
- Strengths
- Risks
- Opportunities
- Experienced Promoters and Management Team.
- Customer Centric Approach.
- In house Research and Development of Products.
- Cracking the distribution model.
- Tapping into the mass premium segment.
- Quality Standard Certifications & Quality Test.
- Diversified product range.
Company Financials
Delta Autocorp Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2025 | 84.9 | 84.01 | 8.40 |
| 03-2024 | 33.01 | 63.34 | 6.84 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Funding of expenditure towards setting up an Electric Three-Wheeler Fabrication Plant & Painting Plant
- Investment in New Product Development
- Funding of working capital requirements
- General corporate purposes
Delta Autocorp Ltd IPO Promoter Holding
| Pre Issue Share Holding | 79.65% |
| Post Issue Share Holding | 57.36% |
Delta Autocorp Ltd IPO Subscription Status (Bidding Detail)
The Delta Autocorp Ltd IPO is subscribed 309.0026 times on 9 January 2025 05:00:00 PM. The public issue subscribed 314.337 times in the retail category, 178.6376 times in the QIB category, and 624.7854 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | 178.6376 | 624.7854 | 314.337 | - | 309.0026 |
Delta Autocorp Ltd IPO Prospectus
Delta Autocorp Ltd IPO Listing Date
| BSE Script | |
| NSE Symbol | |
| Listing In | NSE - SME |
| ISIN | INE0XRN01019 |
| IPO Price | ₹- |
| Face Value | ₹- |
Company Contact Information
Plot No.304 PithakiarypostRupnarayanpur,Bardhaman-713386
Phone: +91 84482 23541
Email: compliance@deltic.co
Website: www.deltic.co
Delta Autocorp Ltd IPO Registrar
Delta Autocorp Ltd IPO Lead Manager(s)
- GYR Capital Advisors Pvt Ltd
How to Check the Allotment Status of Delta Autocorp Ltd IPO?
To check the IPO allotment status, follow these steps:
- Visit the official website of the IPO registrar.
- Navigate to the IPO Allotment Status page.
- Select “Delta Autocorp Ltd” from the list of available IPOs.
- Enter any one of these - PAN Number, Application Number, DP/Client ID.
- Click on Submit to view your allotment status.
About Delta Autocorp Ltd IPO
Delta Autocorp Limited was originally incorporated as 'Delta Autocorp LLP' on May 20, 2016 with Registrar of Companies, Kolkata. Later, 'Delta Autocorp LLP' thereafter converted from a Limited Liability Partnership into a Private Limited Company as 'Delta Autocorp Private Limited' on July 21, 2023. Later, the status converted into Public Limited and the name changed to 'Delta Autocorp Limited' and a fresh Certificate of Incorporation dated May 8, 2024 was issued by the Central Processing Centre.