The Emmforce Autotech IPO subscription status started on April 23, 2024, and it is also being subscribed by QIB, NII, and RII. The Emmforce Autotech IPO began on April 23, 2024, and closes on April 25, 2024. Emmforce Autotech IPO is preparing to raise ₹53.90 crores through its fresh issue the Emmforce Autotech IPO price band is fixed at ₹93to ₹98 per share. You Can check Emmforce Autotech IPO GMP here.
Emmforce Autotech 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.
Emmforce Autotech IPO reserved shares in this IPO, 50% for QIB 15% for NII, and 35% for the retail category have been reserved. To know the Emmforce Autotech IPO Subscription Status, you can see the below-day Subscription.
Emmforce Autotech IPO Review :
Show Review…….
- ■ The company engaged in the business of manufacturer and exporter of drivetrain automotive parts for niche vehicles.
- ■ The company posted strong top and bottom lines for FY24 so far and based on that the issue.
- ■ The company PE ratio is very attractive.
- ■ The price band is attractive on this valuation, so I think apply for long time.
Emmforce Autotech IPO Subscription Status {Live Update} :
The total Emmforce Autotech IPO Subscription Status subscribed 364.37x times so far, with QIB subscribed 160.58x NII subscribed 861.98x times & RII 267.62x times on Day 3. (Closed)
| Category | Day 1 | Day 2 | Day 3 |
| QIB : | 1.03x | 10.57x | 160.58x |
| NII : | 31.60x | 117.14x | 861.98x |
| RII : | 29.34x | 92.57x | 267.62x |
| Total : | 21.73x | 74.40x | 364.37x |
Emmforce Autotech IPO Net Shares Offered:
Emmforce Autotech IPO is a public issue of 21,269,714 equity shares. The issue offers 11,601,663 shares to qualified institutional buyers, 58,00,831 shares to non-institutional investors, and 38,67,220 shares to retail investors.
| Category | Reservation | Shares | Amount Cr |
| Anchor : | 28.47% | 15,66,000 | ₹15.35 |
| QIB : | 19.00% | 10,45,200 | ₹10.24 |
| NII : | 14.25% | 7,83,600 | ₹7.68 |
| RII : | 33.25% | 18,28,800 | ₹17.92 |
| MMRP : | 5.01% | 2,76,000 | ₹2.70 |
| Total : | 100% | 54,99,600 | ₹53.90 |
Investor Categories Define :
■ Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, Mutual Funds, insurance companies, and pension schemes.
■ Non-Institutional Investors(NII): Retail Individual Investors, NRIs, Companies, Trusts, etc
● sNII (bids below Rs 10L): The Small NII category is for NII investors who bid for shares between Rs 2 lakhs to Rs 10 lakhs. The 1/3 of NII category shares are reserved for the Small NII sub-category.
● bNII (bids above Rs 10L): The Big NII category is for NII investors who bid for shares worth more than Rs 10 Lakhs. The 2/3 of NII category shares are reserved for the Big NII subcategory.
■ Retail Individual Investors (RII): Retail Individual Investors or NRIs
■ Employee (EMP): Eligible Employees
■ Others: Eligible Shareholders
Emmforce Autotech IPO Subscription Status FAQs :
How much is the total Emmforce Autotech IPO Subscription Status?
The total Emmforce Autotech IPO Subscription Status is 364.37x times Day 3.
What is the Emmforce Autotech IPO retail subscription Status?
Emmforce Autotech IPO Retail Subscription 267.62x times Day 3.
What is the Emmforce Autotech IPO QIB subscription Status?
The Emmforce Autotech IPO QIB subscription is 160.58x times Day 3.
What is the Emmforce Autotech IPO NII subscription status?
Emmforce Autotech IPO NII Subscription 861.98x times Day 3.
When is the Emmforce Autotech IPO Allotment Date?
Emmforce Autotech IPO allotment date is April 26, 2024.
When is the Emmforce Autotech IPO Listing Date?
Emmforce Autotech’s IPO listing date is April 30, 2024. The IPO is to be listed on BSE, SME.
How to Apply the Emmforce Autotech IPO through Zerodha?
Log in to the Console on the Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Emmforce Autotech IPO”. Click on the Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Emmforce Autotech IPO through Upstox?
Log in to the Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Emmforce Autotech IPO”. Click on the Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Emmforce Autotech IPO through Groww?
Log in to the Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Emmforce Autotech IPO”. Click on the Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Emmforce Autotech IPO through Paytm Money?
Log in to the Paytm Money Website or app. Now you can see Invest in IPOs Section and Click on IPO. You will see the IPO Name “Emmforce Autotech IPO”. Click on the Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
| Emmforce Autotech IPO GMP: Click Here Emmforce Autotech IPO Details: Click Here Emmforce Autotech IPO Allotment: Click Here Emmforce Autotech IPO Listing: Click Here |
All Emmforce Autotech IPO-related links are available here. If you want to know the details then click on the Click Here Link.
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