Delta Autocorp IPO: Key Details and Insights for Investors
Introduction to Delta Autocorp IPO
Delta Autocorp Limited, known for its innovative electric 2-wheelers and 3-wheelers, is making waves with its IPO. The IPO offers a blend of fresh issues and offers for sale, providing investors with a promising opportunity to invest in a company driving sustainable mobility solutions.
Key Delta Autocorp IPO Details
- IPO Date: January 7, 2025 – January 9, 2025
- Listing Date: January 14, 2025
- Issue Size: ₹54.60 Crores
- Fresh Issue: ₹50.54 Crores
- Offer for Sale: ₹4.06 Crores
- Price Band: ₹123 to ₹130 per share
- Lot Size: 1,000 shares (minimum investment ₹1,30,000)
- Listing Platform: NSE SME
Delta Autocorp IPO GMP (Grey Market Premium)
As of today, the Delta Autocorp IPO GMP stands as a critical indicator of investor sentiment. Keep an eye on GMP trends to gauge the potential listing premium.
Subscription and Allotment Timeline
- Anchor Investor Allocation: January 6, 2025
- Subscription Period: January 7–9, 2025
- Allotment Finalization: January 10, 2025
- Refund Initiation: January 13, 2025
- Demat Credit: January 13, 2025
- Listing Date: January 14, 2025
Competitive Strengths of Delta Autocorp
- Experienced Leadership: Guided by seasoned promoters and management.
- Product Innovation: Dedicated in-house R&D team for cutting-edge EV solutions.
- Wide Distribution Network: Over 300 dealers across 25 states.
- Customer-Centric Focus: Tailored products for tier-2 and tier-3 cities.
- Diverse Product Portfolio: Includes e-scooters, e-rickshaws, and loaders.
Financial Performance Of Delta Autocorp
Delta Autocorp’s financials reveal steady growth, showcasing its potential:
| Financial Metric | 31 Oct 2024 | FY 2024 | FY 2023 |
| Assets | ₹4,742.31 Cr | ₹3,461.35 Cr | ₹2,110.04 Cr |
| Revenue | ₹4,527.53 Cr | ₹8,116.73 Cr | ₹8,055.86 Cr |
| Profit After Tax | ₹480.81 Cr | ₹822 Cr | ₹513.41 Cr |
How to Check Allotment Status
To check your Delta Autocorp IPO allotment status, visit the official registrar, Link Intime India Private Ltd, or use platforms like Groww or NSE’s website.
FAQs on Delta Autocorp IPO
1. What is the Delta Autocorp IPO GMP today?
Delta Autocorp IPO GMP today reflects investor interest and estimated listing premium. Check updates regularly for the latest values.
2. What is the price band of the Delta Autocorp IPO?
The IPO price band is set at ₹123 to ₹130 per share.
3. What are the allotment and listing dates?
The allotment will be finalized on January 10, 2025, and the listing is scheduled for January 14, 2025.
4. Can retail investors participate in the Delta Autocorp IPO?
Yes, retail investors can apply for a minimum of 1 lot (1,000 shares) at ₹1,30,000.
5. Where will Delta Autocorp IPO shares be listed?
The shares will be listed on the NSE SME platform.
Conclusion
Delta Autocorp IPO is a promising investment opportunity in the booming EV market. With a strong product lineup, innovative approach, and growth-focused strategies, the company is poised for success. Stay updated on GMP, subscription trends, and allotment details to make informed decisions. For getting such investment opportunities on time sign up on Tap Invest today!
