Emmforce Autotech Limited IPO (Emmforce Autotech IPO)

Emmforce Autotech Limited IPO
Upcoming Emmforce Autotech IPO | New Emmforce Autotech IPO

Emmforce Autotech Limited is engaged in the business of manufacturing niche automotive drivetrain parts like Differential Housings, Differential Lockers, Differential Covers,4WD Locking Hubs, Spindles, Axles & Shafts, Gear Shifters, Yokes, Differential Spools, Differential Tools and various differential forged / cast parts primarily for 4-wheel Drive and performance racing vehicles.

The company’s manufacturing facility is located in Baddi, Himachal Pradesh. As of October 31, 2023, the company employed 128 people.

Emmforce Autotech IPO

Emmforce Autotech IPO – Details

IPO Opening Date23 April 2024
IPO Closing Date25 April 2024
Issue TypeBook Built Issue IPO
Issue Size54,99,600 Shares Worth ₹53.90 Crore
Fresh Issue: 54,99,600 Shares Worth ₹53.90 Crore
Face Value₹10 per equity share
IPO Price₹93 – ₹98
Market Lot1200 Shares
Min Order1200 Shares (1 Lot)
Listing AtNSE SME
RegisterLink Intime India Private Ltd
QIB Shares Offered50%
NII (HNI) Shares Offered15%
Retail Shares Offered35%

Emmforce Autotech IPO – Date Schedule

IPO Open Date23 April 2024
IPO Close Date25 April 2024
Basis of Allotment26 April 2024
Initiation of Refund29 April 2024
Credit of Shares to Demat Account29 April 2024
IPO Listing Date30 April 2024
Cut-off time for UPI mandate confirmation5 PM on April 25, 2024

Emmforce Autotech IPO – Lots Size & Price

ApplicationLotsSharesAmount ( Cut-Off)
Retail (Minimum)11200₹1,17,600
Retail (Maximum)11200₹1,17,600
HNI (Minimum)22400₹2,35,200

Competitive Strengths

  • Engineering Excellence.
  • One Stop Solution for Drivetrain Parts.
  • Quality Assurance and Standards.
  • Existing client relationship.
  • Scalable Business Model.
  • Experienced Management Team.

Company Promoters

  • Mr. Ashok Mehta
  • Mrs. Neetu Mehta
  • Mr. Azeez Mehta

Object Of The 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
Object of the Issues

Company Financial

ParticularsTotal RevenueTotal ExpenseProfit After TaxTotal Borrowing
31 March 202151.8543.595.085.01
31 March 202271.3860.177.3216.51
31 March 202348.7541.974.3815.35
31 October 20235.194.590.4324.04
Amount in ₹ Crore

Key Performance Indicator

PAT Margin (%)8.42
EPS (Rs)2.930.37
P/E (x)33.5268.05

Emmforce Autotech IPO Promoter Holding

Pre Issue Share Holding100.00%
Post Issue Share Holding73.17%

Emmforce Autotech IPO Prospectus

Company Contact Information

Emmforce Autotech Limited

Plot No. 287, Industrial Area,
Phase II Industrial Estate,
Panchkula – 134113

Phone: +91- 9876009999
Email: info@emmforce.com

Emmforce Autotech IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270
Email: emmforce.ipo@linkintime.co.in

Emmforce Autotech IPO Lead Manager(s)

1. Beeline Capital Advisors Pvt Ltd

Emmforce Autotech IPO FAQs

Emmforce Autotech IPO
Object of the Issues
What is Emmforce Autotech IPO?

Emmforce Autotech IPO is a SME IPO. The issue is priced at ₹93 – ₹98 per equity share. The IPO is to be listed on NSE SME.
When Emmforce Autotech IPO will open?

The IPO is to open on 23 April 2024 for QIB – 50%, NII – 15% and Retails – 35% Investors.
How to Emmforce Autotech IPO?

You can apply for Emmforce Autotech IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
How to Apply the Emmforce Autotech IPO through 5 Paisa?

Log in to the 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Emmforce Autotech”. Click on the Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open a Demat Account with 5 Paisa.
How to Apply the Emmforce Autotech IPO through Edelweiss?

Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Emmforce Autotech”. Click on the Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Edelweiss.
What is Emmforce Autotech IPO Size?

Emmforce Autotech IPO size is ₹53.90 crores.
What is Emmforce Autotech IPO Price Band?

Emmforce Autotech IPO Price Band is ₹93 – ₹98.
What is Emmforce Autotech IPO Minimum and Maximum Lot Size?

The minimum bid is 1200 Shares with ₹1,17,600 amount while the maximum bid is 1200 shares with ₹1,17,600.
What is the Emmforce Autotech IPO Allotment Date?

Emmforce Autotech IPO allotment date is  26 April 2024.
What is the Emmforce Autotech IPO Listing Date?

Emmforce Autotech IPO listing date is 30 April 2024. The IPO is to list on NSE SME.
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