| Delta Autocorp IPO Review | Delta Autocorp IPO Subscription Status |
Delta Autocorp IPO description – Delta Autocorp specializes in manufacturing and selling electric two-wheelers (2W) and three-wheelers (3W) under the brand name “Deltic.” The company utilizes advanced components sourced from reputable Original Equipment Manufacturers (OEMs), adhering to high design and engineering standards through a state-of-the-art manufacturing process. Deltic focuses on producing specific components that are designed to be compatible with its vehicles, ensuring quality and performance. Since its establishment in 2016, Delta Autocorp has positioned itself as a leader in the Indian electric mobility market, offering a diverse range of electric scooters, e-rickshaws, and other electric vehicles tailored to meet the needs of Indian consumers.
The company operates through a network of over 300 dealers across 25 states and Union Territories, focusing on B2B transactions. The goal is to become a global brand with cost-effective, practical products and excellent service. As of 31 January 2024, the company has 141 employees.
Promoters of Delta Autocorp – Mr. Ankit Agarwal, Mrs. Priyanka Agarwal, and Mr. Sanwarmall Agarwalla
Table of Contents
Delta Autocorp IPO Details
| Delta Autocorp IPO Dates | 7 – 9 January 2025 |
| Delta Autocorp Issue Price | INR 123 – 130 per share |
| Fresh issue | 38,88,000 shares (INR 47.82 – 50.54 crore) |
| Offer For Sale | 3,12,000 shares (INR 3.84 – 4.06 crore) |
| Total IPO size | 42,00,000 shares (INR 51.66 – 54.60 crore) |
| Minimum bid (lot size) | 1,000 Shares (INR 1,30,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | NSE EMERGE |
Delta Autocorp Financial Performance
| FY 2022 | FY 2023 | 1 Apr – 20 Jul 2023 | 21 Jul 2023 – 31 Mar 2024 | 7M FY 2025 | |
| Revenue | 57.13 | 80.02 | 17.74 | 63.07 | 45.18 |
| Expenses | 51.89 | 73.69 | 16.13 | 54.03 | 38.85 |
| Net income | 4.20 | 5.13 | 1.26 | 6.96 | 4.81 |
Delta Autocorp Offer News
- Delta Autocorp RHP
- Delta Autocorp Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2024
Delta Autocorp Valuations & Margins
| FY 2022 | FY 2023 | FY 2024 (Pre-Issue) | FY 2025 (Post-Issue)* | |
| EPS | 3.69 | 4.50 | 7.21 | 5.39 |
| PE Ratio | – | – | 17.06 – 18.03 | 22.82 – 24.11 |
| FY 2022 | FY 2023 | 1 Apr – 20 Jul 2023 | 21 Jul 2023 – 31 Mar 2024 | 7M FY 2025 | |
| RONW (%) | 61.00 | 44.98 | 10.17 | 38.88 | 21.18 |
| NAV | 12.41 | 20.57 | 22.39 | 15.69 | 19.91 |
| ROCE (%) | 43.14 | 49.30 | 10.67 | 40.32 | 19.32 |
| EBITDA (%) | 10.82 | 9.74 | 10.53 | 15.03 | 14.77 |
| Debt/Equity | 1.06 | 0.36 | 0.38 | 0.30 | 0.49 |
Delta Autocorp IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 4 January 2025 | 52 | – | 38,000 |
| 3 January 2025 | 47 | – | 35,000 |
| 2 January 2025 | 25 | – | 18,000 |
Delta Autocorp IPO Subscription – Live Updates
Coming soon
The market maker reservation portion of shares is not included in the above calculations.
Delta Autocorp IPO Allotment Status
Delta Autocorp IPO allotment status will be available on Link Intime’s website. Click on Link Intime IPO weblink to get allotment status.
Delta Autocorp IPO Dates & Listing Performance
| IPO Opening Date | 7 January 2025 |
| IPO Closing Date | 9 January 2025 |
| Finalization of Basis of Allotment | 10 January 2025 |
| Initiation of refunds | 13 January 2025 |
| Transfer of shares to demat accounts | 13 January 2025 |
| IPO Listing Date | 14 January 2025 |
| Opening Price on NSE SME | Coming soon |
| Closing Price on NSE SME | Coming soon |
Delta Autocorp Offer Lead Manager
GYR CAPITAL ADVISORS PRIVATE LIMITED
428, Gala Empire, Near JB Tower,
Drive in Road, Thaltej
Ahmedabad-380 054, Gujarat, India
Phone:+91 8777564648
Email: [email protected]
Website: www.gyrcapitaladvisors.com
Delta Autocorp Offer Registrar
LINK INTIME INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park L.B.S. Marg,
Vikhroli West, Mumbai – 400 083, Maharashtra
Telephone: +91 22 4918 6000
Email: [email protected]
Website: www.linkintime.co.in
Delta Autocorp Contact Details
DELTA AUTOCORP LIMITED
501-502, Fifth Floor, N.D.M-1, Plot no. B-2-3-4,
Netaji Subhash Place, Pitampura, Delhi-110034
Phone: +91 8448223541
E-mail: [email protected]
Website: www.deltic.co
IPO FAQs
What is the Delta Autocorp offer size?
Delta Autocorp offer size is INR 51.66 – 54.60 crores.
What is the Delta Autocorp offer price band?
Delta Autocorp public offer price is INR 123 – 130 per share.
What is the lot size of the Delta Autocorp IPO?
Delta Autocorp offer lot size is 1,000 shares.
What is Delta Autocorp IPO GMP today?
Delta Autocorp IPO GMP today is INR 52 per share.
What is the Delta Autocorp kostak rate today?
Delta Autocorp kostak rate today is INR NA per application.
What is Delta Autocorp IPO Subject to Sauda rate today?
Delta Autocorp Subject to Sauda rate today is INR 38,000 per application.
