Delta Autocorp Limited was founded in May 2016. We manufacture and sell 2W and 3W EVs using state of the art components sourced from reputed Original Equipment Manufacturers (OEMs) who use the design and engineering specifications provided by us in a state of the art manufacturing process.
Currently, their product range includes electric scooters in the 2W category and electric rickshaws, electric loaders and electric garbage trucks in the 3W category, as well as spare parts and accessories for 2W and 3W such as motors, DC-DC converters, speedometers, etc.
Delta Autocorp IPO open date is January 7, 2025 and the IPO will close on January 9, 2025. Delta Autocorp IPO price band is ₹123 to ₹130 per share. The retail quota is 35%, QIB is 50%, and HNI is 15%.
Delta Autocorp IPO to list on NSE on January 14, 2025. The allotment of Delta Autocorp IPO date is January 10, 2025. The company reported revenue of ₹80.56 crores in 2023 against ₹57.53 crore in 2022. The company reported profit of ₹5.13 crores in 2023 against Profit of ₹4.20 crores in 2022.
Delta Autocorp IPO Details
| IPO Open Date: | January 7, 2025 |
| IPO Close Date: | January 9, 2025 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹123 to ₹130 Per Share |
| Issue Size: | Approx ₹54.60 Crores |
| Fresh Issue: | Approx ₹50.54 Crores |
| Offer for Sale: | Approx 3,12,000 Equity Shares |
| IPO Listing: | NSE SME |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
Delta Autocorp IPO Timeline
The Delta Autocorp IPO date is January 7 and the close date is January 9. The Delta Autocorp IPO allotment will be finalized on January 10 and the IPO listing on January 14.
| IPO Open Date: | January 7, 2025 |
| IPO Close Date: | January 9, 2025 |
| Basis of Allotment: | January 10, 2025 |
| Refunds: | January 13, 2025 |
| Credit to Demat Account: | January 13, 2025 |
| IPO Listing Date: | January 14, 2025 |
Delta Autocorp SME IPO Lots
| SME IPO Activity | Date |
|---|---|
| Issue Price | ₹123.00-130.00 |
| Market Lot: | 1000 Shares |
| 1 Lot Amount: | ₹130000 |
| Min HNI Lots: | 2000 shares (2 lots)- ₹260000 |
Delta Autocorp Ltd: Financial Overview and Key Metrics
| Period Ended | 31 Oct 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 4,742.31 | 3,461.35 | 2,110.04 | 2,031.61 |
| Revenue | 4,527.53 | 8,116.73 | 8,055.86 | 5,753.41 |
| Profit After Tax | 480.81 | 822 | 513.41 | 420.34 |
| Net Worth | 2,270.11 | 3,031.91 | 1,141.48 | 688.82 |
| Reserves and Surplus | 1,129.93 | 1,758.47 | ||
| Total Borrowing | 1,120.31 | 1,003.3 | 413.6 | 733.57 |
