Emmforce Autotech IPO will be Open on April 23, 2024, and closes on April 25, 2024. The company has fixed the price of this IPO at ₹93-₹98 according to the face value of ₹10. The company will raise ₹53.90 Crores through this IPO under the 5,499,600 Equity Shares public issue, and the offer is 100% Book Built Issue. The company reserve quota in this IPO is 50% for QIB 15% for NII and 35% for Retail Investor. 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.
The company has been engaged in exports ever since its inception. We have established ourselves as a manufacturer of Drivetrain Parts in India and are a one-stop shop for quality cost-effective drivetrain parts and providing out-of-the-box solutions to its customers through the designing and development of complex/special parts.
The company offers fully integrated engineering solutions from conceptualization, development, and validation to implementation and manufacturing of our products. The conceptualization stage involves acquiring market intelligence, assessing customer requirements, and formulating customized strategies for individual customers. You can check Emmforce Autotech IPO subscription status here.
Objects 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 Requirement of our Company.
- General Corporate Purpose.
Company Strengths :
- Engineering Excellence.
- One-Stop Solution for Drivetrain Parts.
- Quality Assurance and Standards.
- Existing client relationship.
- Scalable Business Model.
- Experienced Management Team.
| Read also: Upcoming IPO List 2024 |
Emmforce Autotech IPO Review :
| Details | Valuation |
| PAT : Issue Price : EPS : PE Ratio : ROE : RoNW : ROCE : Debt/Equity : NAV Value : Total Assets : Market Cap : Pre Holding : Post Holding : | ₹5.12 Cr ₹98 /EQ 3.12 31.41x 19.72 % 19.49 % 17.19 % 0.67 ₹16.01 ₹55.98 Cr ₹200.90 Cr 100.00 % 73.17 % |
| Team Review : | ✔ Apply For Long Term |
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, Price Band & Details :
| Issue Offer : | Book Built Issue |
| IPO Open : | April 23, 2024 |
| IPO Close : | April 25, 2024 |
| Face Value : | ₹10 Equity Share |
| Price Band : | ₹93-₹98 Per Share |
| Listing On : | BSE, SME |
| Issue Size : | ₹53.90 Cr {5,499,600 Shares} |
| Fresh Issue : | ₹53.90 Cr {5,499,600 Shares} |
Emmforce Autotech IPO Market Lot :
Emmforce Autotech IPO Minimum Market lot is 1 Lot with 1200 shares with ₹117,600 Application amount. The retail investors can apply up to 2 lots with 2400 Shares or ₹235,200 amounts.
| Category | Lot | Share | Amount |
| Retail (Min) : | 1 | 1200 | ₹117,600 |
| Retail (Max) : | 1 | 1200 | ₹117,600 |
| S-HNI (Min) : | 2 | 2400 | ₹235,200 |
Emmforce Autotech IPO Net Reservation :
Emmforce Autotech IPO Net Reservation of 54,99,600 shares is to be bid for the public issue by Emmforce Autotech IPO with 10,45,200 for QIB and 783,600 for NII 18,28,800 For RII.
| 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 |
Emmforce Autotech IPO EPS & RoNW :
The Emmforce Autotech company’s EPS & RoNW growth increased last financial year, which is shown to you in the table here.
| Year | EPS (Rs.) | RoNW % | NAV |
| 2023 Oct | ₹3.12 | 19.49 | ₹16.01 |
| 2023 | ₹2.93 | 18.71 | ₹15.63 |
| 2022 | ₹4.88 | 34.41 | ₹14.19 |
| 2021 | ₹3.39 | 33.38 | ₹10.17 |
Emmforce Autotech IPO Peer Comparison PE :
The Emmforce Autotech, According to the RHP of the company is listed whose PE Multiple is shown in this table.
| Company | PE Ratio |
| Divgi Torqtransfer Systems | 44.31 |
Emmforce Autotech IPO Dates :
Emmforce Autotech IPO Date is April 23, 2024, and closes on April 25, 2024. The allotment will be finalized on April 26, 2024, and the IPO may list on April 30, 2024.
| Issue Open Date : | April 23, 2024 |
| Issue Close Date : | April 25, 2024 |
| Allotment Date : | April 26, 2024 |
| Refund Date : | April 29, 2024 |
| Share Credit Date : | April 29, 2024 |
| Listing Date : | April 30, 2024 |
Emmforce Autotech IPO Form :
There are two ways to apply for an Emmforce Autotech IPO. You can apply for Emmforce Autotech IPO through ASBA available in your bank account. You have to go to your online bank login select Emmforce Autotech IPO in the Invest section and apply through your bank account. Another option is you apply for Emmforce Autotech IPO through an IPO form download through NSE and BSE. See the Emmforce Autotech IPO Form – Download the NSE Form and BSE Form IPO Form, fill it out, and submit it to your bank or your broker.
Emmforce Autotech Company Financial Report (lakh) :
| Year | Revenue | Expense | PAT |
| 2323 Oct | ₹4,790.31 | ₹3548.52 | ₹511.78 |
| 2023 | ₹4,875.32 | ₹4197.62 | ₹438.85 |
| 2022 | ₹7,138.13 | ₹6017.39 | ₹732.58 |
| 2021 | ₹5,185.32 | ₹4359.64 | ₹508.91 |
Company Promoters :
■ Mr. Ashok Mehta
Quick Link :
■ DRHP Draft Prospectus
■ RHP Draft Prospectus
■ Anchor Investor
Emmforce Autotech IPO Lead Managers :
■ Beeline Capital Advisors Pvt Ltd
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: [email protected]
Website: www.linkintime.co.in
Investor Grievance Email: [email protected]
Note: Check Emmforce Autotech IPO allotment status Visit IPOBAZAR Allotment Page And Search Your Registrar IPO Allotment Link. Click Here
Company Address :
Emmforce Autotech Limited
Plot No. 287, Industrial Area, Phase II Industrial Estate
Panchkula- 134113, Haryana, India
Tel. No.: +91- 9876009999
E-mail: [email protected]
Website: www.emmforce.com
Emmforce Autotech IPO FAQs :
What is Emmforce Autotech IPO?
Emmforce Autotech IPO is SME IPO. They are going to raise ₹53.90 Crores via IPO. The issue is priced at ₹98 per equity share. The IPO is to be listed on BSE, SME.
When Emmforce Autotech IPO will open?
The IPO is to open on April 23, to April 255, 2024 for QIB, NII & RII.
How Much is Emmforce Autotech’s IPO Size?
Emmforce Autotech’s IPO size is ₹53.90 Crores.
How much is the Fresh issue size of Emmforce Autotech IPO?
The Fresh issue size of Emmforce Autotech IPO ₹53.90 Cr.
What is Emmforce Autotech IPO Price Band?
Emmforce Autotech IPO Price Band is ₹93-₹98 Per share.
What is the Emmforce Autotech IPO Minimum and Maximum Lot Size?
The minimum bid is 1200 Shares with ₹117,600 amount while the maximum bid is 1200 shares with ₹235,200.
How much is Emmforce Autotech IPO Investors Portion?
The investors’ portion for QIB is 50%, NII 15%, RII 35%.
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 IPO listing date is April 30, 2024. The IPO to list 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 GMP: Click Here Emmforce Autotech Subscription: Click Here Emmforce Autotech Allotment: Click Here Emmforce Autotech 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.
Disclaimer: STOCK MARKET INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME-RELATED DOCUMENTS CAREFULLY BEFORE INVESTING.