A Oneindia Venture

Delta Autocorp Ltd. IPO

Min Investment
₹ 1,30,000 / 1000 shares
Price Range
₹123 - ₹ 130
Bidding Dates
7 Jan '25 - 9 Jan '25
Total Issue Value
54.60 Cr
Lot Size
1,000
Total Issue Size
54.60 Cr
Listing At
NSE SME
Subscription
224.52 times
NSE Price
50.50 (-61.15%)

IPO Timeline

  • 7 Jan 2025
    Bidding Starts
  • 9 Jan 2025
    Bidding Ends
  • 10 Jan 2025
    Allotment Finalization
  • 14 Jan 2025
    Listing

About Delta Autocorp Ltd.

We manufacture and sell 2W & 3W EVs using cutting edge components procured from reputed Original Equipment Manufacturers (OEMs) who use design & engineering specifications given by us using manufacturing process. We supply specific components designed and compatible for our vehicles.

Parent organisation
Founded
Delta Autocorp Ltd.
2023

Delta Autocorp Ltd. IPO Reservation

Investors Category Shares Offered
Anchor Investors 11,70,000 (27.86%)
Market Makers 2,94,000 (7%)
Non Institutional Investors 5,87,000 (13.98%)
Qualified Institutional Buyers (QIBs) 7,81,000 (18.6%)
Retail Individual Investors (RIIs) 13,68,000 (32.57%)

Delta Autocorp Ltd. Financial Information

Year End Revenue PAT Reserves & Surplus
31 Mar 2025 84.01 Cr 8.40 Cr 57.77 Cr
31 Mar 2024 63.34 Cr 6.84 Cr 17.47 Cr
31 Mar 2023 80.56 Cr 5.13 Cr 11.26 Cr

Delta Autocorp Ltd. Background

Major Events And Milestones
  • 2016
    Registration of Limited Liability Partnership, “M/s Delta Autocorp LLP” with Registrar of Companies, Kolkata
  • 2017
    R&D of E-Rickshaw
    Launch of first E- Rickshaw with a mileage of 150+ KMs
  • 2018
    Started 2W E Scooter Project
  • 2020
    Launch of E Loader Vayu
    New Model of Electric Scooter Launched
    Launch of Electric Garbage Van
  • 2021
    Two facelift models of E-Rickshaw launched
  • 2022
    New Model of Electric Scooter Launched
  • 2023
    Two High Speed Scooter Launched
    Conversion of Liability Partnership into Private Limited Company “Delta Autocorp Private Limited”
  • 2024
    Conversion of Company from Private Limited to Public Limited Company
Delta Autocorp Ltd. Object of Issues

1.Funding of Expenditure towards Setting up an Electric Three-Wheeler Fabrication Plant & Painting Plant
2. Investment in New Product Development
3. Funding of working capital requirement
4. General Corporate Purposes
5. Offer Expenses

Delta Autocorp Ltd. IPO Listing Details
Listing Date
14 Jan 2025
NSE Symbol
DELTAAUTO
ISIN
INE0XRN01019
Final Issue Price
₹ 130
Delta Autocorp Ltd. Listing Day Trading Information
Pricing Details BSE NSE
Issue Price - ₹ 130.00
Open - ₹ 175.00
Low - ₹ 166.25
High - ₹ 183.75
Last Trade - ₹ 167.25
Delta Autocorp Ltd. Company Promoters

1. Mr. Ankit Agarwal
2. Mrs. Priyanka Agarwal
3. Mr. Sanwarmall Agarwalla

Industry Overview

The Indian automobile industry has historically been a good indicator of how well the economy is doing, as the automobile sector plays a key role in both macroeconomic expansion and technological advancement. The two-wheelers segment dominates the market in terms of volume, owing to a growing ... Read more

Delta Autocorp Ltd. Contact Details
Address: Plot No 304 P, Mihjiam Road Pithakiary post-Rupnarayanpur, Bardhaman Burdwan West Bengal - 713386
Phone no:
Delta Autocorp Ltd. IPO Registrar
Link Intime India Pvt. Ltd.
C-101, 1st Floor, 247 Park, Lal Bahadur Shashtri Marg, Vikhroli (West), Mumbai Maharashtra - 400083
8108114949
Delta Autocorp Ltd. IPO Lead Manager(s)
GYR CAPITAL ADVISORS PRIVATE LIMITED
428, Gala Empire, Near JB Tower, Drive-In Road, Thaltej, Ahmedabad Gujarat - 380054

FAQs

When does Delta Autocorp Ltd. IPO opens and closes?

Delta Autocorp Ltd. IPO opens from 7th January to 9th January 2025.

What is the size of Delta Autocorp Ltd. IPO?

The size of the Delta Autocorp Ltd. IPO is ₹54.60 Cr.

What is the price range of Delta Autocorp Ltd. IPO?

The price range of Delta Autocorp Ltd. IPO is at ₹123 to ₹130 per share.

What is the minimum investment and lot size required for the Delta Autocorp Ltd. IPO?

The minimum investment required is ₹1,30,000 and minimum lot size is 1000 shares.

When is Delta Autocorp Ltd. IPO listing date?

The Delta Autocorp Ltd. IPO will be listed on 14th January 2025.

What is the objective of Delta Autocorp Ltd. IPO?

1.Funding of Expenditure towards Setting up an Electric Three-Wheeler Fabrication Plant & Painting Plant
2. Investment in New Product Development
3. Funding of working capital requirement
4. General Corporate Purposes
5. Offer Expenses

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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