Emmforce Autotech Limited
| Opening Date | Closing Date | Face Value | Issue Price | Lot Size | Listing At | Total Issue Size | Basis of Allotment | Initiation of Refunds | Credit of Shares to Demat | Listing Date |
|---|---|---|---|---|---|---|---|---|---|---|
| 23-04-2024 | 25-04-2024 | ₹10 per share | 0 | 1200 Shares | BSE SME | 5,499,600 shares (aggregating up to ₹53.90 Cr) | 2024-04-26 00:00:00 | 2024-04-29 00:00:00 | 2024-04-29 00:00:00 | 30-04-2024 |
About The Company
Emmforce Autotech IPO is a book built issue of Rs 53.90 crores. The issue is entirely a fresh issue of 55 lakh shares.
Emmforce Autotech IPO opens for subscription on April 23, 2024 and closes on April 25, 2024. The allotment for the Emmforce Autotech IPO is expected to be finalized on Friday, April 26, 2024. Emmforce Autotech IPO will list on BSE SME with tentative listing date fixed as Tuesday, April 30, 2024.
Emmforce Autotech IPO price band is set at ₹93 to ₹98 per share. The minimum lot size for an application is 1200 Shares. The minimum amount of investment required by retail investors is ₹117,600. The minimum lot size investment for HNI is 2 lots (2,400 shares) amounting to ₹235,200.
Beeline Capital Advisors Pvt Ltd is the book running lead manager of the Emmforce Autotech IPO, while Link Intime India Private Ltd is the registrar for the issue. The market maker for Emmforce Autotech IPO is Spread X Securities.
Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrow |
|---|---|---|---|---|---|---|
| 31-10-2023 | 5597 | 4790 | 512 | 1500 | 43.32 | 2404.25 |
| 31-03-2023 | 4895 | 4875 | 439 | 438.85 | 0 | 1535.43 |
| 31-03-2022 | 5257 | 7138 | 733 | 2129.09 | 0 | 1651.09 |
| 31-03-2021 | 3384 | 3384 | 509 | 508.91 | 0 | 501.7 |
IPO Subscription Status
| Category | Subscription Times |
|---|---|
| Qualified Institutions | 160.58 |
| Non-Institutional Buyers* | 861.98 |
| Retail Investors | 267.62 |
| Total | 364.37 |
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1200 | 117600 |
| Retail (Max) | 1 | 1200 | 117600 |
| HNI (Min) | 2 | 2400 | 235200 |
IPO Listing Details
| Listing Date | 30-04-2024 |
| BSE Script Code | N/A |
| NSE Symbol | N/A |
| ISIN | N/A |
| Final Issue Price | 0 |
Promoter holdings
Mr. Ashok Mehta, Mrs. Neetu Mehta and Mr. Azeez Mehta
Contact Information of the Company
Emmforce Autotech Limited
Plot No. 287, Industrial Area,
Phase II Industrial Estate,
Panchkula - 134113
Phone: +91- 9876009999
Email: info@emmforce.com
Website: http://www.emmforce.com/
IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: emmforce.ipo@linkintime.co.in
Website: https://linkintime.co.in/initial_offer/public-issues.html
IPO Lead Manager
N/A