Delta Autocorp IPO Details
| IPO Issue Open Date: | 7 January 2025 |
| IPO Issue Close Date: | 9 January 2025 |
| IPO Issue Price Band: | ₹123 to ₹130 Per Share |
| Face Value: | ₹10 Per Equity Share |
| IPO Issue Size: | ₹54.60 Crores | 42,00,000 shares |
| Fresh Issue: | ₹54.60 Crores | 38,88,000 shares |
| Offer for Sale: | ₹[.] Crores |
| Issue Type: | Book Built Issue |
| IPO Listing At: | NSE SME |
| IPO Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| Employee Discount: | ₹[.] per share |
Delta Autocorp IPO Prospectus:
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
Delta Autocorp IPO Dates Timeline
| Issue Open Date: | 7 January 2025 |
| Issue Close Date: | 9 January 2025 |
| Basis of Allotment Date: | 10 January 2025 |
| Refunds Initiation: | 13 January 2025 |
| Shares Credit in Demat: | 13 January 2025 |
| IPO Listing Date Detail: | 14 January 2025 |
Delta Autocorp IPO Market Lot
| Application | Lot Size, Shares and Price Details |
| Retail (Min) | 1 lots and 1,000 shares = ₹130,000 |
| Retail (Max) | 1 lots and 1,000 shares = ₹130,000 |
| HNI (Min) | 2 lots and 600 shares = ₹2,60,000 |
| B-HNI Minimum | – |
Delta Autocorp IPO GMP*
| GMP Date | GMP Today | Subject to Sauda | Kostak | Expected Gain |
| Today | ₹117 | ₹90,000 | ₹- | 90% |
| 9th Jan | ₹117 | ₹90,000 | ₹- | 90% |
| 8th Jan | ₹110 | ₹85,000 | ₹- | 85% |
| 7th Jan | ₹110 | ₹85,000 | ₹- | 85% |
| 6th Jan | ₹55 | ₹45,000 | ₹- | 42% |
| 4th Jan | ₹45 | ₹40,000 | ₹- | 35% |
| 3th Jan | ₹45 | ₹40,000 | ₹- | 35% |
| 2th Jan | ₹- | ₹- | ₹- | ₹- |
About Delta Autocorp
Delta Autocorp Limited was incorporated in 2016 and is one of the leading manufacturers and retailers of two- and three-wheelers. They use cutting-edge Original Equipment Manufacturers (OEMs) components to produce electric vehicles. They also created particular parts for their vehicles. At first, the company concentrated mostly on creating electric three-wheelers and efficiently operating their business. In 2017, they decided to launch the first E-rikshaw, offering an incredible range of over 150 kilometers. Following an analysis of their customers’ needs, they made the decision to add electric 2W automobiles to their lineup of products. They began creating electric two-wheeler prototypes in 2018 after noticing the popularity of 2W vehicles, and in 2019 they introduced the first electric 2W model. They were the first to respond to consumer demand by introducing two-tier and three-tier scooters that are not only fashionable but also reasonably priced and strong. Working in business-to-business (B2B) transactions is Delta Autocorp Limited’s primary focus. The business currently collaborates with over 250 strong distribution networks.
Delta Autocorp IPO Strengths
To Be Updated Soon
Objects of the IPO Issue
- 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
Delta Autocorp Company Financial Report
The company reported revenue of ₹80.56 crores in 2024 against ₹57.53 crores in 2023. The company reported a profit of ₹5.13 crores in 2024 against a loss of ₹4.20 crores in 2023.
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2021 | ₹16.74 | ₹16.19 | ₹0.42 | ₹7.90 |
| 2022 | ₹57.53 | ₹51.89 | ₹4.20 | ₹20.34 |
| 2023 | ₹80.56 | ₹73.69 | ₹5.13 | ₹21.09 |
Delta Autocorp IPO Valuation – Key Performance Indicator
KPI as of March 31, 2024.
| KPI | Values |
| ROE: | 56.10% |
| ROCE: | 49.28% |
| EBITDA Margin: | 9.74% |
| PAT Margin: | 6.41% |
| Debt to equity ratio: | 0.36 |
| Earning Per Share (EPS): | ₹342.09 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 44.98% |
| Net Asset Value (NAV): | ₹760.56 |
Peer Group Comparison
The below peer comparison table’s data are showing as per the DRHP and RHP.
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Wardwizard Innovations & Mobility Limited | 0.52 | 109.62 | 13.27% | 3.88 | 321.63 Cr. |
Delta Autocorp IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: deltaauto.smeipo@linkintime.co.in
Website: https://linkintime.co.in/Initial_Offer/public-issues.html
Delta Autocorp IPO Lead Manager
- GYR Capital Advisors Private Limited
Delta Autocorp IPO allotment status check on Link Intime website. Click on Link Intime India Private Ltd to get allotment status.
Promoters of Delta Autocorp
- Mr. Ankit Agarwal
- Mrs. Priyanka Agarwal
- Mr. Sanwarmall Agarwalla.
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/