Important Details of the Issue
| Category | Detail | Information |
|---|---|---|
| Key Dates | IPO Date | January 7, 2025 to January 9, 2025 |
| Pricing Information | Face Value | ₹10 per share |
| Price Band | ₹123 to ₹130 per share | |
| Offer Structure | Total Issue Size | 42,00,000 shares (amounting up to ₹54.60 Cr) |
| Fresh Issue | 38,88,000 shares (amounting up to ₹50.54 Cr) | |
| Offer for Sale | 3,12,000 shares of ₹10 (amounting up to ₹4.06 Cr) | |
| Investor Details | Lot Size | 1,000 Shares |
| Issue Type | Book Built Issue | |
| Listing At | NSE SME | |
| Market Maker Portion | 2,94,000 shares |
Important Dates
7 January, 2025 (Tuesday)
9 January, 2025 (Thursday)
10 January, 2025 (Friday)
13 January, 2025 (Monday)
13 January, 2025 (Monday)
14 January, 2025 (Tuesday)
What is GMP of Delta Autocorp Ltd IPO today?
As of January 10, 2025, the Grey Market Premium (GMP) for the Delta Autocorp Ltd public offer is ₹125. This indicates that the shares are expected to list at approximately ₹255 per share.
Note: GMP is an unofficial indicator and is based on market speculation; it does not guarantee actual listing performance.
Company Financials
| Particulars | FY 23 (₹ Lakhs) | FY 22 (₹ Lakhs) | FY 21 (₹ Lakhs) |
|---|---|---|---|
| Assets | 2,109.41 | 2,033.71 | 789.67 |
| Revenue | 8,055.86 | 5,753.41 | 1,674.28 |
| Total Expenses | 7,369.32 | 5,188.54 | 1,619.33 |
| Profit After Tax | 513.13 | 419.97 | 42.08 |
| Net Worth | 1,140.84 | 688.46 | 239.77 |
Company's Key Performance Indicator
| Key Performance Indicator | Value |
|---|---|
| Return on Equity (ROE) | 56.10% |
| Return on Capital Employed (ROCE) | 188.68% |
| Debt/Equity | 0.36 |
| Return on Net Worth (RoNW) | 44.98% |
| PAT Margin | 6.41 |
| Price to Book Value | 0.24 |
Net Cash Flow Generated
| Particulars | For the period July 21, 2023 to January 31, 2024 (₹ Lakhs) | For the period April 01, 2023 to July 20, 2023 (₹ Lakhs) | For the year ended March 31, 2023 (₹ Lakhs) | 2022 (₹ Lakhs) | 2021 (₹ Lakhs) |
|---|---|---|---|---|---|
| Net Cash from Operating Activities | 177.22 | 3.81 | 502.44 | -352.80 | -65.60 |
| Net Cash from Investing Activities | -80.09 | -43.78 | -14.08 | -57.78 | -21.27 |
| Net Cash used in Financing Activities | -80.82 | 14.91 | -463.65 | 410.69 | 38.56 |
Lot Size and Application Amount
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail Investor (Minimum) | 1 | 1,000 | ₹1,30,000 |
| Retail Investor (Maximum) | 1 | 1,000 | ₹1,30,000 |
| HNI Investor (Minimum) | 2 | 2,000 | ₹2,60,000 |
Investor Category-Wise Reservation
| Investor Category | Reservation |
|---|---|
| Shares Reserved for QIB | 50% of the Net Offer |
| Shares Reserved for Retail Investors | 35% of the Net Offer |
| Shares Reserved for Non-Institutional Investors | 15% of the Net Offer |
Key Objectives of the Issue
- Setting up Electric Three-Wheeler Manufacturing & Painting Plants
- Investment in New Product Development
- Meeting Working Capital Requirements
- General Corporate Purposes
- Covering Offer Expenses
Frequently Asked Questions
- When does the Delta Autocorp Limited issue open and close?
The IPO opens on January 7, 2025, and closes on January 9, 2025. - What is the face value of each share in this Issue?
The face value of each share is ₹10. - What is the price band for the Delta Autocorp Limited Public Offer?
The price band is ₹123 to ₹130 per share. - What is the minimum lot size for retail investors?
Retail investors can bid for a minimum lot size of 1,000 shares. - What is the total issue size of the Delta Autocorp Limited Public Offering?
The total issue size is 42,00,000 shares, aggregating up to ₹54.60 Cr, which includes: - What type of issue is the Delta Autocorp Limited Issue?
It is a Book Built Issue. - Where will the shares of Delta Autocorp Limited be listed?
The shares will be listed on NSE SME. - What are the main objectives of the Delta Autocorp Limited Public Offer?
The funds raised will be utilized for:
Setting up Electric Three-Wheeler Manufacturing & Painting Plants
Investment in New Product Development
Meeting Working Capital Requirements
General Corporate Purposes
Covering Offer Expenses.
9. Who is the registrar for this IPO?
The registrar is Link Intime India Private Ltd, and their contact details are:
10. Who is the lead manager for this Issue?
The lead manager is GYR Capital Advisors Private Limited.
11. What is the market maker portion for this Issue?
The market maker portion is 2,94,000 shares.
It is always beneficial to read Draft Red Herring Prospectus (DRHP) and Red Herring Prospectus (RHP) carefully to better understand its financials and growth opportunities before making a decision.
Looking for more such reviews? Check out our IPO Dashboard for recent posts on other Main-board IPO & SME IPOs for the latest market updates.
Note: This article is based on the information received from the company’s official documents, including the Draft Red Herring Prospectus (DRHP) and Red Herring Prospectus (RHP). For up-to-date information on the Grey Market Premium (GMP) for the Delta Autocorp Ltd Public Offer, you may please check our Current GMP, where we will post the latest figures as soon as they are available.
Disclaimer: This article is for educational purposes only. We do not offer any advice on buying or selling securities. Please consult your financial advisor before investing in an public offering or any other securities to make sure that it suits your financial plans and risk tolerance.
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