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Emmforce Autotech IPO is a book build IPO listing on BSE SME exchange. The company is based in Panchkula and caters to Engineering - Automotive sector. Beeline Capital Advisors Private is the merchant banker of Emmforce Autotech IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 26th December 2023.
Emmforce Autotech IPO open date is 23rd April 2024 and close date is 25th April 2024. IPO Allotment Date is 26th April 2024 and Listing date is 30th April 2024.Emmforce Autotech IPO size is Rs 53.90 Cr. crores with IPO price of Rs 98.00 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.
Beeline Capital Advisors Private Limited is the book-running lead manager of the Emmforce Autotech IPO. Link Intime India Private Limited is the Registrar and Market Maker is Spread X Securities Private Limited for Emmforce Autotech IPO.
Emmforce Autotech IPO anchor investors are the below investors. The number of anchor investors in this IPO is 9.
| Anchor Investor Name | No. of shares Allotted | Offer Price (in Rs.) | Amount Invested (in Rs.) |
|---|---|---|---|
| BofA Securities Europe | 307,200.00 | ₹98.00 | ₹30,105,600.00 |
| Astrone capital VCC | 231,600.00 | ₹98.00 | ₹22,696,800.00 |
| Nav Capital Vcc | 205,200.00 | ₹98.00 | ₹20,109,600.00 |
| Negen Undiscovered Value | 205,200.00 | ₹98.00 | ₹20,109,600.00 |
| Persistent Growth Fund- | 153,600.00 | ₹98.00 | ₹15,052,800.00 |
| Craft Emerging Market | 153,600.00 | ₹98.00 | ₹15,052,800.00 |
| Moneywise Financial Services | 103,200.00 | ₹98.00 | ₹10,113,600.00 |
| LC Radiance Fund | 103,200.00 | ₹98.00 | ₹10,113,600.00 |
| Galaxy Noble Global | 103,200.00 | ₹98.00 | ₹10,113,600.00 |
Emmforce Autotech IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Emmforce Autotech IPO, based in Panchkula, operates in the Engineering - Automotive sector with a focus on manufacturer and exporter of drivetrain parts for niche vehicles.. The company is launching its SME IPO on the BSE SME exchange, using the Book Building Issue method. Emmforce Autotech IPO size is ₹ 53.90 Cr. Crores with fresh issue size of Rs 53.90 Cr. Crores and Offer for sale being Nil.
The IPO allotment date for Emmforce Autotech IPO is expected to be 26th April 2024, after the finalization of basis of allotment. Investors can check Emmforce Autotech IPO allotment status on the registrars website, Link Intime India Private Limited. Emmforce Autotech IPO refund dates are 29th April 2024.
Emmforce Autotech IPO is expected to be listed on 30th April 2024.
The upper price band for the Emmforce Autotech IPO is set at ₹ 98.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Emmforce Autotech 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.
To apply for the Emmforce Autotech 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 25th April 2024. After submission, funds are blocked until the basis of allotment of Emmforce Autotech IPO is finalised.
The merchant banker for Emmforce Autotech IPO is Beeline Capital Advisors Private Limited . Beeline Capital Advisors Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Emmforce Autotech IPO RHP for further details.
The registrar for Emmforce Autotech 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 Emmforce Autotech IPO through their official website or helpline.
Emmforce Autotech IPO was subscribed 364.37 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 53.90 Cr.
Avg IPO Size (Sector Based)
:
₹ 34.62 Cr.
Sector: Engineering - Automotive
SME IPO so far:
19
Merchant Banker:
Beeline Capital
SME IPO by BRLM so far:
47
City:
Panchkula
SME IPO so far:
2
Revenue (annualised):
₹ 79.63 cr.
PE
Ratio:
22.90x
Average Sector PE Ratio: 19.15x
Emmforce Autotech IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Emmforce Autotech Financial Review Page
Merchant Banker(s) of Emmforce Autotech IPO: Beeline Capital Advisors Private Limited
Emmforce Autotech IPO subscription was 364.37 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.
Emmforce Autotech IPO listed at a listing price of 195.51 against the offer price of 98.00.
The current market price of Emmforce Autotech is 80.93.
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