Delta Autocorp Limited IPO GMP

At Deltic, they're climate tech enablers and innovators who thrive on turning dreams of EV mobility into reality for the larger India. Their journey is fueled by a passion for perfection in manufacturing backed by 7 years of market research which sets them miles apart from the rest. Their electric vehicles have not only conquered the rugged and diverse terrains of Bharat across its 24 states, but have also won hearts for their impeccable build, fit, and design.

Delta Autocorp, an Book Built Issue amounting to ₹ 54.60 Crores, consisting an Fresh Issue of 38.88 Lakh Shares worth ₹ 50.54 Crores and an Offer for Sale of 3.12 Lakh Shares totaling to ₹ 4.05 Crores. The subscription period for the Delta Autocorp IPO opens on January 07, 2025, and closes on January 09, 2025. The allotment is expected to be finalized on or about Friday, January 10, 2025, and the shares will be listed on the NSE SME with a tentative listing date set on or about Tuesday, January 14, 2025.

The Share price band of Delta Autocorp IPO is set at ₹ 123 to ₹ 130 per equity share. The Market Capitalisation of the Delta Autocorp Limited at IPO price of ₹ 130 per equity share will be ₹ 198.76 Crores. The lot size of the IPO is 1,000 shares. Retail investors are required to invest a minimum of ₹ 1,30,000, while the minimum investment for High-Net-Worth Individuals (HNIs) is 2 lots (2,000 shares), amounting to ₹ 2,60,000.

GYR Capital Advisors Private Limited is the book running lead manager of the Delta Autocorp IPO, while Link Intime India Private Limited is the registrar for the issue. Giriraj Stock Broking Private Limited is the Market Maker of Delta Autocorp IPO.

Delta Autocorp Limited IPO GMP Today
The Grey Market Premium of Delta Autocorp Limited IPO is expected to be ₹97based on the financial performance of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only.

Delta Autocorp Limited Day Wise IPO GMP Trend

Delta Autocorp Limited IPO Live Subscription Status Today: Real-Time Update
As of 07:00 PM on 9th January, 2025, the Delta Autocorp IPO live subscription status shows that the IPO subscribed 309 times on its Final day of subscription period. Check the Delta Autocorp IPO Live Subscription Status Today at NSE.

Delta Autocorp IPO Anchor Investors Report
Delta Autocorp has raised ₹ 15.21 Crores from Anchor Investors at a price of ₹ 130 per shares in consultation of the Book Running Lead Managers. The company allocated 11,70,000 equity shares to the Anchor Investors. Check Full List of Delta Autocorp Anchor Investor List.

Note:- Equity Shares allotted to Anchor Investors (if any) are allotted from Qualified Institutional Buyers (QIBs) reservation portion.
Note:- The Number of shares offered shown IPO subscription section table is calculated at the lower end of the price band and Number of shares calculated in IPO details table section is calculated at upper end of the price band in case of Book Building Issue, so there can be difference. This is because we assume shares will be issued by the company at upper band as Anchor Investors also subscribe at upper band and shares will be issued at lower band only if in case of undersubscription of IPO.
Note:- Market Maker portion (if any) are not shown separately in subscription table and included in NIIs reservation portion

Delta Autocorp Limited IPO Allotment Date - Step by Step Guide to Check Allotment Status Online
Delta Autocorp IPO allotment date is 10 January, 2025, Friday. Delta Autocorp IPO Allotment will be out on 10th January, 2025 and will be live on Registrar Website from the allotment date. Check Delta Autocorp IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select Delta Autocorp Limited IPO from the dropdown list of IPOs.
- Enter your application number, PAN, or DP Client ID.
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.

Objectives of Delta Autocorp Limited IPO
Delta Autocorp proposes to utilise the Net Proceeds towards the following objects: 
1. ₹ 441.66 Lakh is required for Funding of Expenditure towards Setting up an Electric Three-Wheeler Fabrication Plant & Painting Plant;
2. ₹ 2,132.00 Lakh is required for Investment in New Product Development
3. ₹ 1,146.00 Lakh is required for Funding of working capital requirement
4. General Corporate Purposes
5. To meet out the Offer Expenses.

Refer to Delta Autocorp Limited RHP for more details about the Company.