Emmforce Autotech Ltd. IPO

Q: What is the size of Emmforce Autotech Ltd. IPO?

The size of the Emmforce Autotech Ltd. IPO is &#8377;53.90 Cr.

Q: What is the price range of Emmforce Autotech Ltd. IPO?

The price range of Emmforce Autotech Ltd. IPO is at &#8377;93 to &#8377;98 per share.

Q: What is the minimum investment and lot size required for the Emmforce Autotech Ltd. IPO?

The minimum investment required is &#8377;1,17,600 and minimum lot size is 1200 shares.

Emmforce Autotech Ltd., established in 2023, operates in the Auto Ancl - Others sector. The company's IPO opened on April 23, 2024 and closed on April 25, 2024, with an issue price of ₹98. The ... Read more

Min Investment

₹ 1,17,600 / 1200 shares

Price Range

₹93 - ₹ 98

Bidding Dates

23 Apr '24 - 25 Apr '24

Total Issue Value

53.90 Cr

Lot Size

1,200

Total Issue Size

53.90 Cr

Listing At

NSE SME

Subscription

243.44 times

BSE Price

129.90 (32.55%)

IPO Timeline

23 Apr 2024

Bidding Starts
25 Apr 2024

Bidding Ends
26 Apr 2024

Allotment Finalization
30 Apr 2024

Listing

About Emmforce Autotech Ltd.

Our company is engaged in the business of manufacturing niche automotive drivetrain parts like Differential Housings, Differential Lockers, Differential Covers,4WD Locking Hubs, Spindles, Axles & Shafts, Gear Shifters, Yokes, Differential Spools, Differential Tools and various differential ... Read more

Parent organisation

Founded

Emmforce Autotech Ltd.

2023

Emmforce Autotech Ltd. IPO Reservation

Investors Category	Shares Offered
Anchor Investors	15,66,720 (28.49%)
Market Makers	2,76,000 (5.02%)
Non Institutional Investors	7,83,600 (14.25%)
Qualified Institutional Buyers (QIBs)	10,44,480 (18.99%)
Retail Individual Investors (RIIs)	18,28,800 (33.25%)

Emmforce Autotech Ltd. Financial Information

Year End	Revenue	PAT	Reserves & Surplus
31 Mar 2024	41.24 Cr	4.27 Cr	4.27 Cr
31 Mar 2023	48.75 Cr	4.39 Cr	0
31 Mar 2022	71.38 Cr	7.33 Cr	0

Emmforce Autotech Ltd. Background

Major Events And Milestones

2012

Established Partnership firm in the name of “M/s. Emmforce Inc.”
2023

Conversion from the partnership firm into a Public Limited Company in the name of “Emmforce Autotech Limited ”

Emmforce Autotech Ltd. Object of Issues

1.Investment in Subsidiary Company i.e. Emmforce Mobility Solutions Private Limited (EMSPL) in form of equity or debt for meeting the requirement of working capital and margin money for term loan of Subsidiary Company
2.To Meet Working Capital Requirement of our Company
3.General Corporate Expenses

Emmforce Autotech Ltd. IPO Listing Details

Listing Date

30 Apr 2024

NSE Symbol

EMMFORCE

ISIN

INE0SDC01012

Final Issue Price

₹ 98

Emmforce Autotech Ltd. Company Promoters

1. Mr. Ashok Mehta
2. Mrs. Neetu Mehta
3. Mr. Azeez Mehta

Industry Overview

India’s auto component industry is an important sector driving macroeconomic growth and employment. The industry comprises players of all sizes, from large corporations to micro entities, spread across clusters throughout the country. The auto components industry accounted for 2.3% of ... Read more

Emmforce Autotech Ltd. Contact Details

Address: Plot No. 287, Industrial Area, Phase II Industrial Estate, Panchkula Haryana - 134113
Phone no:9876009999

Email: [email protected]

9876009999

Visit Website

Emmforce Autotech Ltd. IPO Registrar

Link Intime India Private Limited

C-101, 247 Park, L.B.S. Marg, Vikhroli (West), Mumbai Maharashtra - 400083

49186200

Emmforce Autotech Ltd. IPO Lead Manager(s)

Beeline Capital Advisors Pvt. Ltd.

B 1311-1314, Thirteenth Floor, Shilp Corporate Park, Rajpath Rangoli Road, Thaltej, Ahmedabad Gujarat - 380054

48407357

FAQs

When does Emmforce Autotech Ltd. IPO opens and closes?

Emmforce Autotech Ltd. IPO opens from 23rd April to 25th April 2024.

What is the size of Emmforce Autotech Ltd. IPO?

The size of the Emmforce Autotech Ltd. IPO is ₹53.90 Cr.

What is the price range of Emmforce Autotech Ltd. IPO?

The price range of Emmforce Autotech Ltd. IPO is at ₹93 to ₹98 per share.

What is the minimum investment and lot size required for the Emmforce Autotech Ltd. IPO?

The minimum investment required is ₹1,17,600 and minimum lot size is 1200 shares.

When is Emmforce Autotech Ltd. IPO listing date?

The Emmforce Autotech Ltd. IPO will be listed on 30th April 2024.

What is the objective of Emmforce Autotech Ltd. IPO?

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