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Objective of the Issue
The objects of the Offer are:
- Funding of Expenditure towards Setting up an Electric Three-Wheeler Fabrication Plant & Painting Plant.
- Investment in New Product Development.
- Funding of working capital requirement.
- General Corporate Purposes.
- To meet out the Offer Expenses.
IPO Details, Price, Market Lot
| Delta Autocorp SME IPO Details | |
| IPO Open Date | 7 January 2025 |
| IPO Close Date | 9 January 2025 |
| IPO Issue Size | 42,00,000 Shares (Aggregating up to ₹54.60 Cr) |
| Fresh Issue | 38,88,000 Shares (Aggregating up to ₹ 50.54 Cr) |
| Offer for Sale | 3,12,000 Shares (Aggregating up to ₹4.06 Cr) |
| Retail Portion | Not less than 35% of the offer |
| NII Portion | Not less than 15% of the offer |
| QIB Portion | Not more than 50% of the offer |
| Listing At | NSE SME |
| Delta Autocorp SME IPO Price | |
| Face Value | ₹10 Per Share |
| IPO Price Band | ₹123 to ₹130 Per Share |
| Employee Discount | — |
| IPO Issue Type | Book Built Issue |
| Delta Autocorp SME IPO Market Lot For Retail Investor | |
| No. of Shares Per Lot | 1000 Shares |
| Minimum Lot Size | 1 Lot (1000 Shares) |
| Minimum Amount (Cut-off price) | ₹1,30,000 |
| Maximum Lot Size | 1 Lot (1000 Shares) |
| Maximum Amount (Cut-off price) | ₹1,30,000 |
| Delta Autocorp SME IPO Market Lot For HNI | |
| No. of Shares Per Lot | 1000 Shares |
| Minimum Lot Size | 2 Lots (2000 Shares) |
| Minimum Amount (Cut-off price) | ₹2,60,000 |
IPO Date, Listing Date, Allotment Date
| Delta Autocorp SME IPO Time Table (Tentative) | |
| IPO Open Date | 7 January 2025 |
| IPO Close Date | 9 January 2025 |
| Basis of Allotment Date | 10 January 2025 |
| Initiation of Refunds | 13 January 2025 |
| Credit of Share to Demat Account | 13 January 2025 |
| IPO Listing Date | 14 January 2025 |
Financial Report
| Period Ended | Assets (₹ in Lakh) |
Revenue (₹ in Lakh) |
P A T (₹ in Lakh) |
Net Worth (₹ in Lakh) |
Borrowings (₹ in Lakh) |
| 31 October 2024 | 4,742.31 | 4,527.53 | 480.81 | 2,270.11 | 1,120.31 |
| 31 March 2024 | 3,461.35 | 8,116.73 | 822 | 3,031.91 | 1,003.3 |
| 31 March 2023 | 2,110.04 | 8,055.86 | 513.41 | 1,141.48 | 413.6 |
| 31 March 2022 | 2,031.61 | 5,753.41 | 420.34 | 688.82 | 733.57 |
| Period Ended | 31 Oct. 2024 | 31 March 2024 | 31 March 2023 | 31 March 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 |
| P A T | 480.81 | 822 | 513.41 | 420.34 |
| Net Worth | 2,270.11 | 3,031.91 | 1,141.48 | 688.82 |
| Borrowings | 1,120.31 | 1,003.3 | 413.6 | 733.57 |
| Amount in ₹ Lakh | ||||
Company Promotor & Promotor’s Holding
Mr. Ankit Agarwal, Mrs. Priyanka Agarwal and Mr. Sanwarmall Agarwalla are the promoters of the company.
| Pre Issue Promotor Holding | 97.59% |
| Post Issue Promotor Holding |
Company Address
Delta Autocorp Limited
Plot No 304 P, Pithakiarypost-Rupnarayanpur, Bardhaman, West Bengal, 713386
Phone: +91 8448223541
Email: compliance@deltic.co
Website: http://www.deltic.co/
IPO Registrar, Lead Manager, Prospectus
| Delta Autocorp SME IPO Prospectus |
| Delta Autocorp SME IPO Registrar |
| Link Intime India Private Ltd |
| Delta Autocorp SME IPO Lead Manager |
| GYR Capital Advisors Private Limited |