Emmforce Autotech Limited Ipo: What You Need To Know
55 lakh new shares are available in the book-built Emmforce Autotech IPO, which is valued at Rs 53.90 crores. The subscription period will run from April 23 to April 25, 2024. Range of prices: 93 to 98 rupees per share. Lot size minimum: 1200 shares. The anticipated date of listing on BSE SME is April 30. The registrant is Link Intime India Private Ltd, and the lead manager is Beeline Capital Advisors Pvt Ltd. The market maker is Emmforce Autotech Limited Ipo.
IPO for Emmforce Autotech Limited
As it prepares for its first public offering (IPO), Emmforce Autotech Limited Ipo, Emmforce Autotech hopes to collect Rs 53.90 crores by issuing a new 55 lakh share offering. Subscriptions for the IPO are open to interested investors from April 23, 2024, until April 25, 2024. The firm expects to be listed on BSE SME by April 30, 2024, while the allocation procedure is expected to be finished by April 26, 2024.
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Emmforce Autotech IPO Price Band & Size
| Face Value | 10 per share |
| Price Band | 93 to 98 per share |
| Lot Size | 1200 Shares |
| Total Issue Size | 5,499,600 shares |
| (aggregating up to 53.90 Cr) | |
| Fresh Issue | 5,499,600 shares |
| (aggregating up to 53.90 Cr) | |
| Issue Type | Book Built Issue IPO |
| Listing Exchange | BSE SME |
| Shareholding pre-issue | 15,000,000 |
| Shareholding post-issue | 20,499,600 |
| Market Maker | Spread X Securities |
Emmforce Autotech IPO Dates
Emmforce Autotech IPO application starting April 23, 2024, until April 25, 2024. The allotment process is scheduled to be completed by April 26, 2024.
| Event | Date |
| IPO Open Date | Tuesday, April 23, 2024 |
| IPO Close Date | Thursday, April 25, 2024 |
| Basis Allotment | Friday, April 26, 2024 |
| Initiation Refunds | Monday, April 29, 2024 |
| Credit to Demat | Monday, April 29, 2024 |
| Listing Date | Tuesday, April 30, 2024 |
| Cut-off time for UPI mandate | 5 PM on April 25, 2024 |
Emmforce Autotech IPO Lot Size For Retail & HNI
| Investor Type | Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 1200 | 1200 | 117,600 |
| Retail (Max) | 1 | 1200 | 1200 | 117,600 |
| HNI (Min) | 2 | 2400 | 2400 |
235,200 |
Emmforce Autotech Limited Financial Report
| Period Ended | 31 Oct 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 5,597.12 | 4,895.40 | 5,257.36 | 3,384.41 |
| Revenue | 4,790.31 | 4,875.31 | 7,138.13 | 5,185.32 |
| Profit After Tax | 511.77 | 438.84 | 732.58 | 508.91 |
| Net Worth | 1,500.00 | 2,344.94 | 2,129.09 | 1,524.82 |
| Total Borrowing | 2,404.25 | 1,535.42 | 1,651.09 | 501.70 |
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FAQs: Emmforce Autotech Limited Ipo
How much is the Emmforce Autotech IPO share?
up to 2,76,000 equity shares of Rs. 10/-each for cash at a price of Rs. 53.90 crores (the Issue Price), which includes a share premium of Rs. 88/-per equity share.
What is Emmforce Autotech Limited's listing price?
On April 30, 2024, the shares were listed on the BSE SME. The pricing range for Emmforce Autotech's IPO is 93 to 98 rupees per share. An application must have a minimum lot size of 1200 shares. Retail investors are required to invest a minimum of 117,600.
How good is Emmforce IPO?
The financial study of Emmforce Autotech Limited Technologies shows a mixed performance. Revenue first increased but then fell, as seen by the gap this year. While diluted EPS and RoNW declined, profitability and equity increased, indicating a range of the company's performance.