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Delta Autocorp Ltd.

Delta Autocorp Ltd.

NSE SME · SME IPO
Listed NSE SME SME Live Chart
Issue Price
₹130
₹130
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹130
Based on GMP
Min. Investment
₹130,000
1 lot × 1000 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
07 Jan 2025
Close Date
09 Jan 2025
Allotment
10 Jan 2025
Listing Date
14 Jan 2025
Exchange
NSE SME
Price Band
₹130
Listing Price
See chart
Allotment Status
Price Band
₹130
Per share
Face Value
₹10 per share
 
Lot Size
1,000 Shares
per lot
Issue Size
42,00,000 shares (aggregating up to ₹54.60 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹130,000
1 lot
Pre-IPO Holding
1,14,01,698 shares
Promoters
Post-IPO Holding
1,52,89,698 shares
Promoters
P/E (Pre)
18.03x
 
P/E (Post)
24.11x
 
EPS (Pre)
₹7.21
 
EPS (Post)
₹5.39
 
UPI Deadline
2025-01-09
Mandate
Anchor AllotmentMon, 06 Jan 2025
Basis of AllotmentFri, 10 Jan 2025
Refund InitiationMon, 13 Jan 2025
Demat CreditMon, 13 Jan 2025
Listing DayTue, 14 Jan 2025
UPI Mandate Deadline2025-01-09
Sale TypeFresh Capital-cum-Offer for Sale
Net Offer to Public39,06,000 shares (aggregating up to ₹50.78 Cr)
Market Maker Quota2,94,000 shares (aggregating up to ₹3.82 Cr)
Fresh Issue Shares35,94,000 shares (aggregating up to ₹46.72 Cr)
Offer for Sale3,12,000 shares of ₹10 (aggregating up to ₹4.06 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Delta Autocorp Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 09 Jan 2025.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
294,000
₹3.82
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
4,200,000
100% ₹54.60
IPO Shares Offered
Delta Autocorp Ltd. IPO total issue size: ₹54.60 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 294,000 ₹3.82
7.00%
Total 4,200,000 ₹54.60
100.00%
* Based on upper price band ₹130 per share
Lot Size & Investment
Lot Size
1,000
Shares per Lot
Issue Price
₹130.00
Upper Band
Min Investment
₹130,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)22,000₹260,000
Retail (Max — 13 Lots)1313,000₹1,690,000
S-HNI (Min — 14 Lots)1414,000₹1,820,000
B-HNI (Min — 68 Lots)6868,000₹8,840,000
* Issue Price ₹130 × Lot Size 1,000 shares
IPO Schedule
Anchor
06 Jan 2025
✓ Done
IPO Open
07 Jan 2025
✓ Done
IPO Close
09 Jan 2025
✓ Done
Allotment
10 Jan 2025
✓ Done
Refunds
13 Jan 2025
✓ Done
Demat Credit
13 Jan 2025
✓ Done
Listing Day
14 Jan 2025
✓ Done
Delta Autocorp Ltd. — Live Price LIVE
₹130.00
INR · NSE
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Issue ₹130.00 Live Price
About Delta Autocorp Ltd.
Incorporated in 2016, Delta Autocorp Limited is engaged in the business of manufacturing and selling of 2-wheelers & 3-wheelers EVs.The Company operates under the brand name "Deltic”. Initially concentrating on developing electric 3-wheelers prototypes, they marked a significant milestone in 2017 with the launch of their first E-Rickshaw, boasting an impressive mileage of over 150 Km.After analysing market trends and changing customer preferences, the company expanded its product range to electric 2W vehicles. In 2018, prototype development began, and in 2019, the company launched affordable, durable scooters for tier-2 and tier-3 towns.The company operates through a network of over 300 dealers across 25 states and Union Territories, focusing on B2B transactions. The goal is to become a global brand with cost-effective, practical products and excellent service.Their Products:Electric 2W scooters: Deltic Drixx, Deltic TrentoElectric 3W rickshaws: Deltic Star, Deltic VayuElectric 3W loadersElectric 3W garbage cartsSpare parts and accessories for 2W and 3W vehicles: 3W Controller, 3W MotorThe company focuses on in-house product innovation through its R&D department in Uttar Pradesh, with 11 employees dedicated to designing electric vehicles based on customer needs and preferences.As of 31 October 2024, the company has 139 employees.Competitive Strength:Experienced Promoters and Management TeamCustomer Centric ApproachIn house Research and Development of ProductsCracking the distribution modelTapping into the mass premium segmentQuality Standard Certifications & Quality TestsDiversified product range
Objects of the Issue
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
To meet out the Offer Expenses
Delta Autocorp Ltd. Financials (Amount in ₹ Lakhs)
Revenue from Operations
₹8,055.9
31 Mar 2023
₹8,116.7
31 Mar 2024
₹4,527.5
31 Oct 2024
Profit After Tax (PAT)
₹513.4
31 Mar 2023
₹822.0
31 Mar 2024
₹480.8
31 Oct 2024
Particulars31 Oct 202431 Mar 202431 Mar 2023
Revenue from Operations 4527.53 8116.73 8055.86
EBITDA N/A N/A N/A
Profit After Tax (PAT) 480.81 822.00 513.41
Net Worth 2270.11 3031.91 1141.48
Total Assets 4742.31 3461.35 2110.04
Reserves & Surplus 1129.93 1758.47 N/A
Borrowings 1120.31 1003.30 413.60
EBITDA Margin (%) N/A
PAT Margin (%) 10.64%
P/BV Ratio
6.53
RoE
23.69%
RoCE
19.32%
RoNW
21.18%
PAT Margin
10.64%
Debt/Equity
0.49
Issue Structure & Shareholding
Total Shares Offered42,00,000 (100.00%)
Net Offer to Public39,06,000 shares (aggregating up to ₹50.78 Cr)
Reserved for Market Maker2,94,000 shares (aggregating up to ₹3.82 Cr)
Pre-Issue Promoter Holding1,14,01,698 shares
Post-Issue Promoter Holding1,52,89,698 shares
P/BV Ratio6.53
RoE23.69%
RoCE19.32%
Debt / Equity0.49
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
GYR Capital Advisors Pvt.Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Delta Autocorp Ltd. IPO subscribed?

Delta Autocorp Ltd. IPO is subscribed 1.00 times by Jan 09, 2025. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Delta Autocorp Ltd. IPO retail subscription status?

The Delta Autocorp Ltd. IPO retail category is subscribed 1.00 times as of 09 Jan 2025. The retail portion is oversubscribed.

How to subscribe Delta Autocorp Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 07 Jan 2025 and closes 09 Jan 2025. Min investment: ₹130,000 (1 lot = 1,000 shares). UPI mandate: 2025-01-09.

How many times Delta Autocorp Ltd. IPO subscribed?

The Delta Autocorp Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Delta Autocorp Ltd. IPO allotment?

Check allotment on the registrar website (MUFG Intime India Pvt.Ltd.) at https://linkintime.co.in/Initial_Offer/public-issues.html. Enter your PAN, application number or DP/Client ID. Allotment date: 10 Jan 2025. Refunds: on 13 Jan 2025.

When Delta Autocorp Ltd. IPO will be listed?

The Delta Autocorp Ltd. IPO listing date is 14 Jan 2025, Tuesday. Listed on: NSE SME. Issue price: ₹130. Estimated listing: ₹130. GMP: NIL.

When Delta Autocorp Ltd. IPO close?

The Delta Autocorp Ltd. IPO closes on 09 Jan 2025, Thursday. UPI mandate: 2025-01-09. Allotment: 10 Jan 2025. Listing: 14 Jan 2025.