Delta Autocorp IPO GMP, Open Date, Price, Allotment Status, Listing Date

Delta Autocorp IPO open date is on January 7 to January 9 , 2025. This new IPO is a book-built issue of Rs 54.60 crore. This upcoming IPO is a combination of fresh issue and offer-for-sale.  The fresh issue is Rs 50.54 crore, and the offer-for-sale is Rs 4.06 crore.

Delta Autocorp IPO price band is Rs 123 to 130 per share. Delta Autocorp IPO GMP is 31 indicating mild bullish sentiment for this IPO among investors. Live IPO Grey Market Premium details are visible online.

Delta Autocorp IPO lot size is 1000 shares. The IPO allotment status live is to be finalised on January 10, 2025. The minimum investment for the retail investors for 1 lot is Rs 1,30,000. The registrar for the Delta Autocorp IPO is Link Intime India Private Limited. Delta Autocorp IPO listing date is January 14, 2025.

Also Read | Fabtech Technologies IPO GMP, Open Date, Price, Allotment Status

Delta Autocorp IPO GMP

Delta Autocorp IPO GMP is Rs 31 per share. The IPO GMP today indicates the huge interest of retail investors. You can check the latest IPO Grey Market Premium today online from the first day of subscription. If the subscription is oversubscribed, then Delta Autocorp IPO GMP might rise in the coming days.

Delta Autocorp IPO Price Band

Delta Autocorp IPO price band is Rs 123 to Rs 130 per share. The minimum amount of investment for the retail category is to be at Rs 1,30,000. The minimum investment for the HNI is Rs 2,60,000.

Delta Autocorp IPO Open Date, Close Date

Delta Autocorp IPO open date is 7 January 2025 and closing date is 9 January  2025. The initiation of the refund date is 13 January 2025, and the credit of shares will be on 13 January 2025.

Delta Autocorp IPO Allotment Status Live

Delta Autocorp IPO allotment status live will be finalised on 10 January 2025. The listing will be on the NSE SME platform on 14 January, 2025. The registrar of this IPO is Link Intime India Private Limited. Investors can check their allotment status after the subscription of the IPO ends.

Delta Autocorp IPO Listing Date

Delta Autocorp IPO's listing date will be on January 14, 2025. The Listing will be on the NSE SME platform. Retail investors can sell the shares after 10 AM on the listing day.

Delta Autocorp IPO: Listing Date, Lot Size, Price Band

Delta Autocorp Limited: About the Company

Delta Autocorp Limited was incorporated in 2016, engaged in the business of manufacturing and selling 2 wheelers and 3 wheelers. The company is working 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.

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.

Delta Autocorp Limited operates through a network of over 250 dealers across 24 states and Union Territories, focusing on B2B transactions. The goal is to become a global brand with cost-effective, practical products and excellent service.

Delta Autocorp IPO Objectives

The funds raised from Delta Autocorp IPO will be used for setting up a new two-wheeler fabrication plant and painting plant. Investment in the new product development, funding the day-to-day capital needs and to fulfill the general corporate purposes.

Delta Autocorp IPO: Key Dates, Allotment, Listing Date

Delta Autocorp IPO Subscription Status Live

Delta Autocorp IPO subscription status will be available after the IPO opens on 7 January 2025. In the QIB category 50% of the net offer is reserved. The remaining 35% is reserved for the retail investors and 15% is for Non-Institutional investors.

Delta Autocorp IPO Promoter Holdings

Delta Autocorp IPO promoters are Ankit Agarwal, Priyanka Agarwal and Sanwarmall Agarwalla. The promoters' shareholdings before the IPO were 97.62%; however, after the IPO, shareholdings will decline.

Delta Autocorp Limited Company Financials

Delta Autocorp Limited posted revenue of Rs 8,055.86 lakhs and net profit of Rs 513.13 lakhs for the period ending on 31 March 2023. The company’s revenue increased by 40.41% and PAT increased by 22.18% between the FY ending on 31 March 2024 and 31 March 2023.

Delta Autocorp IPO Registrar

Delta Autocorp IPO registrar is Link Intime India Private Limited. On the date of allotment, Investors can click on the registrar website and select the name of the company and enter PAN number or application ID to know their allotment status.

Delta Autocorp IPO Lead Managers

Delta Autocorp IPO lead managers is GYR Capital Advisors Private Limited.

How to apply to Delta Autocorp IPO

Interested investors can apply to the Delta Autocorp IPO directly from the Bigul trading app and you can also apply by clicking here. Investors can also check the details of other upcoming IPO in Bigul.

Delta Autocorp IPO Review

Delta Autocorp IPO may get a positive response from the general public. The company is involved in manufacturing 2-wheelers and 3-wheelers. So, investors interested in the automobile sector can apply to this IPO.

This upcoming IPO is expected to witness an oversubscription in the last bidding date. Moreover, if the IPO gets a positive response then Delta Autocorp IPO GMP live will also rise.

Delta Autocorp IPO FAQ

1. What are the details of the Delta Autocorp IPO?

Delta Autocorp IPO is a book-built issue of Rs 54.60 crore. This upcoming IPO is a combination of fresh issue and offer-for-sale. The fresh issue is of Rs 50.54 crore and offer-for-sale is of Rs 4.06 crore.

2. When will the Delta Autocorp IPO open and close?

Delta Autocorp IPO open date is 7 January 2025 and closing date is 9 January  2025. The initiation of the refund date is 13 January 2025, and the credit of shares will be on 13 January 2025.

3. What is Delta Autocorp IPO GMP Today?

Delta Autocorp IPO GMP Today is Rs 31 per share. The IPO GMP today indicates huge interest of retail investors. You can check the latest IPO Grey Market Premium today online from the first day of subscription. If the subscription got oversubscribed then Delta Autocorp IPO GMP might rise in the coming days.

4. What are the details of Delta Autocorp IPO Subscription Status Live?

Delta Autocorp IPO subscription status will be available after the IPO opens on 7 January 2025. In the QIB category 50% of the net offer is reserved. The remaining 35% is reserved for the retail investors and 15% is for Non-Institutional investors.

5. Write the details of the IPO Allotment Status Live?

Delta Autocorp IPO allotment status live will be finalised on 10 January 2025. The listing will be on the NSE SME platform on 14 January, 2025. The registrar of this IPO is Link Intime India Private Limited. Investors can check their allotment status after the subscription of the IPO ends.

6. Who is the registrar and lead managers for Delta Autocorp IPO?

Delta Autocorp IPO registrar is Link Intime India Private Limited. On the date of allotment, Investors can click on the registrar's website and select the name of the company and enter PAN number or application ID to know their allotment status. The lead managers are GYR Capital Advisors Private Limited.

Also Read:

• What is IPO?
• What is IPO GMP?
• Difference between IPO and FPO For Beginners
• Difference between SME IPO and Mainline IPO?