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Emmforce Autotech Ltd

Emmforce Autotech Ltd

BSE SME · SME IPO
Listed BSE SME SME Live Chart
Issue Price
₹98
₹98
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹98
Based on GMP
Min. Investment
₹117,600
1 lot × 1200 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
23 Apr 2024
Close Date
25 Apr 2024
Allotment
26 Apr 2024
Listing Date
30 Apr 2024
Exchange
BSE SME
Price Band
₹98
Listing Price
See chart
Allotment Status
Price Band
₹98
Per share
Face Value
₹10 per share
 
Lot Size
1,200 Shares
per lot
Issue Size
54,99,600 shares (aggregating up to ₹53.90 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹117,600
1 lot
Pre-IPO Holding
1,50,00,000 shares
Promoters
Post-IPO Holding
2,04,99,600 shares
Promoters
P/E (Pre)
33.5x
 
P/E (Post)
22.9x
 
EPS (Pre)
₹2.93
 
EPS (Post)
₹4.28
 
UPI Deadline
2024-04-25
Mandate
Anchor AllotmentMon, 22 Apr 2024
Basis of AllotmentFri, 26 Apr 2024
Refund InitiationMon, 29 Apr 2024
Demat CreditMon, 29 Apr 2024
Listing DayTue, 30 Apr 2024
UPI Mandate Deadline2024-04-25
Sale TypeFresh Capital
Net Offer to Public52,23,600 shares (aggregating up to ₹51.19 Cr)
Market Maker Quota2,76,000 shares (aggregating up to ₹2.70 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Emmforce Autotech Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 25 Apr 2024.
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
276,000
₹2.70
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
5,499,600
100% ₹53.90
IPO Shares Offered
Emmforce Autotech Ltd IPO total issue size: ₹53.90 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 276,000 ₹2.70
5.02%
Total 5,499,600 ₹53.90
100.00%
* Based on upper price band ₹98 per share
Lot Size & Investment
Lot Size
1,200
Shares per Lot
Issue Price
₹98.00
Upper Band
Min Investment
₹117,600
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)22,400₹235,200
Retail (Max — 13 Lots)1315,600₹1,528,800
S-HNI (Min — 14 Lots)1416,800₹1,646,400
B-HNI (Min — 68 Lots)6881,600₹7,996,800
* Issue Price ₹98 × Lot Size 1,200 shares
IPO Schedule
Anchor
22 Apr 2024
✓ Done
IPO Open
23 Apr 2024
✓ Done
IPO Close
25 Apr 2024
✓ Done
Allotment
26 Apr 2024
✓ Done
Refunds
29 Apr 2024
✓ Done
Demat Credit
29 Apr 2024
✓ Done
Listing Day
30 Apr 2024
✓ Done
Emmforce Autotech Ltd — Live Price LIVE
₹98.00
INR · BSE
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Issue ₹98.00 Live Price
About Emmforce Autotech Ltd
Emmforce Autotech Limited was founded in 2012 and is a manufacturer and exporter of drivetrain parts for niche vehicles.The company's product list includes differential housings, differential locks, differential covers, 4WD locking hubs, spindles, axles and shafts, gear shifters, yokes, differential spools, differential tools, and various forged/cast differential parts mainly for 4WD and high-performance racing vehicles.Competitive strengths:Engineering excellence: in-house research, design and development and in-depth knowledge of a wide range of materials and processesOne-stop solution for drivetrain partsQuality assurance and standards: Strict quality standards are followed and maintained throughout the process.Existing customer relationships: Two decades of good customer relationships contribute to the company receiving regular orders from its customers.Scalable business model: The company's business model is to make the best use of existing resources, create linkages with the development team's expertise, and achieve consistent customer satisfaction.Experienced management teamThe company's manufacturing facility is located in Baddi, Himachal Pradesh.As of October 31, 2023, the company employed 128 people.
Objects of the Issue
1
Investment in a Subsidiary Company i.e. Emmforce Mobility Solutions Private Limited (EMSPL) in the form of equity or debt for meeting the requirement of working capital and margin money for term loan of the Subsidiary Company.
2
To Meet the Working Capital Requirements of the company.
3
General Corporate Purpose.
Emmforce Autotech Ltd Financials (Amount in ₹ Lakhs)
Revenue from Operations
₹7,138.1
31 Mar 2022
₹4,875.3
31 Mar 2023
₹4,790.3
31 Oct 2023
Profit After Tax (PAT)
₹732.6
31 Mar 2022
₹438.9
31 Mar 2023
₹511.8
31 Oct 2023
Particulars31 Oct 202331 Mar 202331 Mar 2022
Revenue from Operations 4790.31 4875.32 7138.13
EBITDA N/A N/A N/A
Profit After Tax (PAT) 511.78 438.85 732.58
Net Worth 1500.00 2344.95 2129.09
Total Assets 5597.13 4895.40 5257.36
Reserves & Surplus 43.72 N/A N/A
Borrowings 2404.25 1535.43 1651.09
EBITDA Margin (%) N/A
PAT Margin (%) 8.42%
P/BV Ratio
9.52
RoCE
2.83
PAT Margin
8.42%
Issue Structure & Shareholding
Total Shares Offered54,99,600 (100.00%)
Net Offer to Public52,23,600 shares (aggregating up to ₹51.19 Cr)
Reserved for Market Maker2,76,000 shares (aggregating up to ₹2.70 Cr)
Pre-Issue Promoter Holding1,50,00,000 shares
Post-Issue Promoter Holding2,04,99,600 shares
P/BV Ratio9.52
RoEN/A
RoCE2.83
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Beeline 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 Emmforce Autotech Ltd IPO subscribed?

Emmforce Autotech Ltd IPO is subscribed 1.00 times by Apr 25, 2024. 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 Emmforce Autotech Ltd IPO retail subscription status?

The Emmforce Autotech Ltd IPO retail category is subscribed 1.00 times as of 25 Apr 2024. The retail portion is oversubscribed.

How to subscribe Emmforce Autotech Ltd IPO?

Subscribe via your broker app using ASBA or UPI. Opens 23 Apr 2024 and closes 25 Apr 2024. Min investment: ₹117,600 (1 lot = 1,200 shares). UPI mandate: 2024-04-25.

How many times Emmforce Autotech Ltd IPO subscribed?

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

How to check Emmforce Autotech 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: 26 Apr 2024. Refunds: on 29 Apr 2024.

When Emmforce Autotech Ltd IPO will be listed?

The Emmforce Autotech Ltd IPO listing date is 30 Apr 2024, Tuesday. Listed on: BSE SME. Issue price: ₹98. Estimated listing: ₹98. GMP: NIL.

When Emmforce Autotech Ltd IPO close?

The Emmforce Autotech Ltd IPO closes on 25 Apr 2024, Thursday. UPI mandate: 2024-04-25. Allotment: 26 Apr 2024. Listing: 30 Apr 2024.