58  Total SME IPOs listed in 2025

2,593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

Delta Autocorp Limited IPO (Delta Autocorp IPO) Detail

Delta Autocorp IPO is a book build IPO listing on NSE EMERGE exchange. The company is based in Bardhaman and caters to Electric Equipments sector. GYR Capital Advisors Private is the merchant banker of Delta Autocorp IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 23rd July 2024.

Delta Autocorp IPO open date is 7th January 2025 and close date is 9th January 2025. IPO Allotment Date is 10th January 2025 and Listing date is 14th January 2025.

IPO Category : SME
Exchange : NSE EMERGE
Issue Type : Book Building

Delta Autocorp IPO Date

Date of DRHP:
23rd July 2024
IPO Allotment Date:
10th January 2025
IPO Open Date:
7th January 2025
Initiation of Refund:
13th January 2025
IPO Closing Date:
9th January 2025
IPO Listing Date:
14th January 2025

Delta Autocorp IPO Info, Size, Subscription

Delta Autocorp IPO size is Rs 54.60 Cr. crores with IPO price of Rs 130.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.

IPO Size :
₹ 54.60 Cr.

Issue Price:
₹ 130.00

Market Capitalisation :
₹ 198.77 Cr.

PE multiple :
24.11

Subscription :
342.10 times

Pre Issue Promoter Holding :
97.59 %

Post Issue Promoter Holding :
0.00%

Delta Autocorp IPO Information

Sub Sector : business of manufacturing and selling of 2-wheelers & 3-wheelers EVs.
Delta Autocorp manufacture and sell 2W & 3W EVs using cutting edge components procured from reputed Original Equipment Manufacturers (OEMs) who use design & engineering specifications given by them using state-of-theart manufacturing process. Delta Autocorp supply specific components designed and compatible for their vehicles. Delta Autocorp operating under the brand name "Deltic”. Specializing in the production of Electric 2W and 3W vehicles, their journey began with the establishment of Delta Autocorp LLP in 2016 by their visionary promoter Mr. Ankit Agarwal. Initially concentrating on the development of electric 3W prototypes, they marked a significant milestone in 2017 with the launch of their first E-Rickshaw, boasting an impressive mileage of over 150 Kms. This not only contributed in their successful launch but also enabled E-Rickshaw drivers
Show More

Object of Issue (Delta Autocorp IPO Objectives)

  • Funding of Expenditure towards Setting up an Electric Three-Wheeler Fabrication Plant & Painting Plant
  • Investment in New Product Developmen
  • Funding of working capital requirement
  • General Corporate Purposes
  • To meet out the Offer Expenses.

GYR Capital Advisors Private Limited is the book-running lead manager of the Delta Autocorp IPO. Link Intime India Private Limited is the Registrar and Market Maker is Giriraj Stock Broking Private Limited for Delta Autocorp IPO.

Delta Autocorp IPO Market Maker

Giriraj Stock Broking Private Limited

Delta Autocorp IPO Registrar (RTA)

Link Intime India Private Limited

Delta Autocorp IPO Lead Manager (BRLM)

GYR Capital Advisors Private Limited

Delta Autocorp IPO anchor investors are the below investors. The number of anchor investors in this IPO is 12.

Anchor Investors in Delta Autocorp IPO

No. of Anchor Investors: 12

Anchor Investor Name   No. of shares Allotted Offer Price (in Rs.) Amount Invested (in Rs.)
Bharat Venture Opportunities 142,000.00 ₹130.00 ₹18,460,000.00
HDFC BANK LIMITED 77,000.00 ₹130.00 ₹10,010,000.00
Saint Capital Fund 142,000.00 ₹130.00 ₹18,460,000.00
Veloce AIF - 77,000.00 ₹130.00 ₹10,010,000.00
Vikasa India EIF 154,000.00 ₹130.00 ₹20,020,000.00
Shine star build 77,000.00 ₹130.00 ₹10,010,000.00
Kingsman Wealth Fund 77,000.00 ₹130.00 ₹10,010,000.00
Knightstone Capital LLP 77,000.00 ₹130.00 ₹10,010,000.00
M7 Global Fund 77,000.00 ₹130.00 ₹10,010,000.00
Abundantia Capital VCC 116,000.00 ₹130.00 ₹15,080,000.00
AL Maha Investment 77,000.00 ₹130.00 ₹10,010,000.00
Jalan Chemical Industries 77,000.00 ₹130.00 ₹10,010,000.00

Delta Autocorp IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Delta Autocorp IPO?

Delta Autocorp IPO, based in Bardhaman, operates in the   Electric Equipments sector with a focus on business of manufacturing and selling of 2-wheelers & 3-wheelers EVs.. The company is launching its SME IPO on the NSE EMERGE exchange, using the Book Building Issue method. Delta Autocorp IPO size is ₹ 54.60 Cr. Crores with fresh issue size of Rs 54.60 Cr. Crores and Offer for sale being 54.60..

When is Delta Autocorp IPO allotment?

The IPO allotment date for Delta Autocorp IPO is expected to be 10th January 2025, after the finalization of basis of allotment. Investors can check Delta Autocorp IPO allotment status on the registrars website, Link Intime India Private Limited. Delta Autocorp IPO refund dates are 13th January 2025.

When is Delta Autocorp IPO listing date?

Delta Autocorp IPO is expected to be listed on 14th January 2025.

What is the price band for Delta Autocorp IPO?

The upper price band for the Delta Autocorp IPO is set at ₹ 130.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is Delta Autocorp IPO Review?

For IPO analysis on Delta Autocorp IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.

How to Apply for Delta Autocorp IPO?

To apply for the Delta Autocorp IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 9th January 2025. After submission, funds are blocked until the basis of allotment of Delta Autocorp IPO is finalised.

Who is the merchant banker of Delta Autocorp IPO?

The merchant banker for Delta Autocorp IPO is GYR Capital Advisors Private Limited . GYR Capital Advisors Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Delta Autocorp IPO RHP for further details.

Who is the Registrar of Delta Autocorp IPO?

The registrar for Delta Autocorp IPO is Link Intime India Private Limited. Investors can go to Link Intime India Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Delta Autocorp IPO through their official website or helpline.

What is the Delta Autocorp IPO subscription?

Delta Autocorp IPO was subscribed 342.10 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

  • IPO Size: ₹ 54.60 Cr. Avg IPO Size (Sector Based) : ₹ 34.18 Cr.
  • Sector: Electric Equipments SME IPO so far: 39
  • Merchant Banker: GYR Capital SME IPO by BRLM so far: 47
  • City: Bardhaman SME IPO so far: 1
  • Revenue (annualised): ₹ 77.45 cr.
            PAT: (annualised): ₹ 8.25 cr.
  • PE Ratio: 24.11x Average Sector PE Ratio: 18.31x
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FAQs

Delta Autocorp IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Delta Autocorp Financial Review Page

Delta Autocorp IPO subscription was 342.10 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Delta Autocorp IPO listed at a listing price of 175.00 against the offer price of 130.00.

The current market price of Delta Autocorp is 73.90.

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