Emmforce Autotech IPO Details ( Emmforce Autotech Limited IPO Review )
(23 Apr 2024 – 25 Apr 2024)
Established in 2012, Emmforce Autotech Limited specializes in manufacturing and shipping drivetrain parts for specific types of vehicles.
Our range of products covers everything from differential housings to gear shifters, made especially for 4WD and high-performance racing cars.
Our manufacturing hub sits in Baddi, Himachal Pradesh, where we ensure top-notch quality in every piece we create.
Currently, we’re a team of 128 dedicated individuals, driving our passion for quality and innovation forward.
Emmforce Autotech Limited IPO Competitive Strength
- Engineering excellence: in-house research, design and development and in-depth knowledge of a wide range of materials and processes
- One-stop solution for drivetrain parts
- Quality assurance and standards: Strict quality standards are followed and maintained throughout the process.
- Existing customer relationships: Two decades of good customer relationships contribute to the company receiving regular orders from its customers.
- Scalable business model: The company’s business model is to make the best use of existing resources, create linkages with the development team’s expertise, and achieve consistent customer satisfaction.
- Experienced management team
Emmforce Autotech IPO Financials Performance ( Results )
Emmforce Autotech Limited Financial Information (Restated)
All Amount in ₹ Lakhs
| Period Ended | Total Assets | Total Revenue | PAT | Net Worth | Reserves | Borrowing |
| 31-Mar-21 | 3,384.41 | 5,185.32 | 508.91 | 1,524.82 | 501.70 | |
| 31-Mar-22 | 5,257.36 | 7,138.13 | 732.58 | 2,129.09 | 1,651.09 | |
| 31-Mar-23 | 4,895.40 | 4,875.32 | 438.85 | 2,344.95 | 1,535.43 | |
| 31-Oct-23 | 5,597.13 | 4,790.31 | 511.78 | 1,500.00 | 43.72 | 2,404.25 |
Objective of Emmforce Autotech IPO Issue
- Investment in a Subsidiary Company i.e. Emmforce Mobility Solutions Private Limited (EMSPL) in the form of equity or debt for meeting the requirement of working capital and margin money for term loan of the Subsidiary Company.
- To Meet the Working Capital Requirements of the company.
- General Corporate Purpose.
Emmforce Autotech IPO Basic Details
| IPO Date | Apr 23, 2024 to Apr 25, 2024 |
| Listing Date | Tuesday, April 30, 2024 |
| Face Value | ₹10 per share |
| Price | ₹93 to ₹98 per share |
| Lot Size | 1200 Shares |
| Issue Size | 5,499,600 shares of ₹10 (aggregating up to ₹53.90 Cr) |
| Fresh Issue | 5,499,600 shares of ₹10 (aggregating up to ₹53.90 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE SME |
| Share holding pre issue | 15,000,000 |
| Share holding post issue | 20,499,600 |
| Company Promoters | Mr. Ashok Mehta, Mrs. Neetu Mehta and Mr. Azeez Mehta |
Emmforce Autotech IPO Reservation
| Anchor Investor Shares Offered | 28.47% of the Net Issue |
| Market Maker Shares Offered | 5.02% of the Net Issue |
| QIB Shares Offered | 19.01% of the Net Issue |
| NII (HNI) Shares Offered | 14.25% of the Net Issue |
| Retail Shares Offered | 33.25% of the Net Issue |
Emmforce IPO Timetable
Emmforce IPO will open on April 23, 2024 and close on April 25, 2024. You can join Emmforce IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.
| Event | Date |
| Opening Date | 23 April 2024 (Tuesday) |
| Closing Date | 25 April 2024 (Thursday) |
| Basis of Allotment | 26 April 2024 (Friday) |
| Initiation of Refunds | 29 April 2024 (Monday) |
| Credit of Shares to Demat | 29 April 2024 (Monday) |
| Listing Date | 30 April 2024 (Tuesday) |
| Deadline for UPI mandate confirmation | 5 PM on 25 April 2024 |
Emmforce Autotech IPO Lot Size
For retail investors in Emmforce Autotech IPO, 1200 shares will come in 1 lot or the minimum investment will be ₹117,600. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹117,600.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 1200 | ₹117,600 |
| Retail (Max) | 1 | 1200 | ₹117,600 |
| S-HNI (Min) | 2 | 2400 | ₹235,200 |
Emmforce Autotech IPO Promoter Holding
The company’s promoters include Mr. Ashok Mehta, Mrs. Neetu Mehta and Mr. Azeez Mehta.
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding | 73.17% |
Emmforce Autotech Ltd IPO Key Performance Indicator ( Valuation )
In the table given below, all the figures have been told according to the latest financial year.
| KPI | Values |
| Market Cap (₹ Cr.) | 200.90 |
| Earning Per Share (EPS) | ₹2.93 per Equity Share |
| Net Asset Value (NAV) | ₹15.63 per Equity Share |
| P/E Ratio (P/E) (x) | 33.50 |
| Post P/E Ratio (P/E) (x) | 22.90 |
| Return on Net Worth (RoNW) (%) | 2.83 |
Emmforce Autotech Ltd Peer Comparison
| Company Name | Consolidated/ Standalone | Face Value | EPS (₹) | P/E Ratio | RoNW (%) | NAV (₹) |
| Emmforce Autotech Limited | Standalone | 10.00 | 2.93 | 33.50 | 18.71 | 15.63 |
| Peer Group | ||||||
| Divgi Torqtransfer Systems Limited | Standalone | 10.00 | 18.45 | 44.31 | 9.28 | 360.53 |
Emmforce Autotech IPO GMP Live Update, Kostak Rate day by day
| Date | GMP | Kostak | Subject to |
| Today | ₹100 | – | – |
| 22 April 2024 | ₹80 | – | – |
| 21 April 2024 | ₹75 | – | – |
| 20 April 2024 | ₹60 | – | – |
Emmforce Autotech IPO Detail Video:
Emmforce Autotech IPO Subscription Status (Bidding Detail)
The Emmforce Autotech IPO on April 25, 2024 at 7:02:50 PM was subscribed 364.37 times, with the retail category being subscribed 267.62 times, the NII (Non-Institutional Investor) category being subscribed 861.98 times, QIB (Qualified-Institutional Buyers) category being subscribed 160.58 times.
| Category | Subscription |
| QIB | 160.58x |
| NII | 861.98x |
| Retail | 267.62x |
| Total | 364.37x |
Emmforce Autotech IPO Prospectus
Emmforce Autotech IPO Rating
| Our Rating | 4.0/5.0 |
Emmforce Autotech Company Contact Information
Emmforce Autotech Limited
Registered Office: Plot No. 287, Industrial Area, Phase II Industrial Estate Panchkula- 134113, Haryana, India
Corporate Office: Plot No. 3&5, EPIP Industrial Area, Phase I Jharmajri Baddi, Solan – 173205, Himachal Pradesh, India
Tel No.: +91-9876009999
Email: info@emmforce.com
Website: www.emmforce.com
Contact Person: Ms. Parul Gupta, Company Secretary and Compliance Officer.
Promoters of the Company: Mr. Ashok Mehta, Mrs. Neetu Mehta and Mr. Azeez Mehta
Emmforce Autotech IPO Registrar
Link Intime India Private Limited
Address: C 101, 247 Park, L.B.S. Marg, Vikhroli (West), Mumbai- 400083, Maharashtra, India
Tel. No.: +91-8108114949
Email: emmforce.ipo@linkintime.co.in
Website: www.linkintime.co.in
Investor Grievance Email: emmforce.ipo@linkintime.co.in
Contact Person: Shanti Gopalkrishnan
SEBI Registration No.: INR000004058
Emmforce Autotech IPO Lead Manager
Beeline Capital Advisors Private Limited
Registered Office: B 1311-1314, Shilp Corporate Park, Near Rajpath Club, Rajpath Rangoli Road, Sarkhej- Gandhinagar Hwy, Ahmedabad- 380054, Gujarat, India.
Tel. No.: +91-79-48407357
Email: mb@beelinemb.com
Website: www.beelinemb.com
Investor Grievance Email: ig@beelinemb.com
Contact Person: Mr. Nikhil Shah
SEBI Registration No.: INM000012917
Emmforce Autotech IPO FAQs
What is the lot size of Emmforce Autotech IPO?
The total size of Emmforce Autotech IPO is ₹53.90 crores and this is a complete fresh Issue.
When will Emmforce Autotech IPO start?
Emmforce Autotech IPO will open from 23 April 2024 and IPO will close on 25 April 2024.
What is the open date of Emmforce Autotech IPO?
Emmforce Autotech IPO will open date from 23 April 2024.
What is the last date ( close date ) of Emmforce Autotech IPO?
Emmforce Autotech IPO will close from 25 April 2024.
What is the price band of Emmforce Autotech IPO?
Emmforce Autotech IPO price band is ₹93 to ₹98. ( Upper Price Band: ₹98, Lower Price Band: ₹93 )
What is the minimum amount required to apply for Emmforce Autotech IPO?
The minimum investment for retailers to apply for Emmforce Autotech IPO is ₹117,600 and the maximum investment is ₹117,600.
What is going on gray market premium of Emmforce Autotech IPO?
View gray market premium of Emmforce Autotech IPO by Clicking Here
How much is the GMP of Emmforce Autotech IPO?
Watch Emmforce Autotech IPO GMP Today: Click Here
What is the allotment date of Emmforce Autotech IPO?
The allotment date of Emmforce Autotech IPO is 26 April 2024.
How to check allotment status in Emmforce Autotech IPO?
To check the allotment status of Emmforce Autotech IPO, first of all go to the registrar website by clicking here, select your bad Emmforce Autotech IPO name or enter your bad application number, PAN number or client ID and click on submit. ( Video Link )
What is the listing date of Emmforce Autotech IPO?
The listing date of Emmforce Autotech IPO is 30 April 2024.
How much will be the listing gain in Emmforce Autotech IPO?
View listing gain of Emmforce Autotech IPO by Clicking Here
How much time Emmforce Autotech IPO is subscribed?
Total 364.37 times subscribed in Emmforce Autotech IPO out of which 267.62 times subscription was done in retail quota, 861.98 times subscription in NII quota and 160.58 times subscription in QIB quota.
How to apply for Emmforce Autotech IPO from Upstox?
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How to apply for Emmforce Autotech PO from Zerodha?
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How to apply for Emmforce Autotech IPO from Angle One?
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