Share.Market Logo

Delta Autocorp Limited

  • Minimum Investment
    ₹1,23,000
  • Price Range
    ₹123 - ₹130
  • Issue Size
    ₹54.60 Cr
  • Lot Size
    1000 shares

This stock belongs to the SME (Small & Medium Enterprises) segment which usually has low liquidity and hence, is also riskier. It will be traded in a lot size of 2000 shares after listing.

Proceeds of this IPO to be used for

Funding of expenditure towards setting up an electric three-wheeler fabrication plant & painting plant

Investment in new product development

Funding of working capital requirement

General corporate purposes

To meet out the offer expenses

Download RHP DocumentGet more in-depth details about this IPO.

Strengths & Weaknesses of Delta Autocorp Limited

Customer centric approach

The company is committed to understanding and meeting the unique needs of its customers, with product design shaped by valuable customer insights. The Customer Experience team engages with customers post-purchase, gathering feedback to create a close-knit community and improve the overall experience

In house research and development

The company’s business model emphasizes Research and Development (R&D) and in-house product innovation. Its R&D facility in Uttar Pradesh focuses on designing and developing new electric vehicle (EV) products, supported by a dedicated team of 15 employees analyzing customer needs

Expanding presence in Tier-2 & Tier-3 cities

The company has expanded its presence in the Indian market, with over 300 dealers across 25 states and union territories. Its strategic focus targets underserved tier-2 and tier-3 towns, where there is significant demand for premium yet affordable EV products

Risks of performance & quality standard

If the company’s electric vehicles contain defects, fail to meet industry standards, or do not perform as advertised, it could harm the brand's reputation and hinder the ability to develop, market, and sell vehicles. This could lead to product recalls, corrective actions, and potential legal consequences

Depend on distribution network

The company's business relies on its distribution network. Inability to expand or manage the network effectively, or disruptions in distribution, could negatively impact business, operations, financial condition, and cash flows

High Competition

The Indian automotive market is highly competitive, and the company may face challenges in competing successfully. Competitors may have greater financial resources, technical capabilities, and more developed marketing, distribution, and service networks, which could impact the company’s position in the market

Financials

Earnings Per Share

Earnings Per Share (EPS) is calculated by dividing a company’s net income by its average number of outstanding shares.

No Data

Balance Sheet

A financial statement that provides details about a company’s assets, liabilities, and shareholders’ equity at a given point in time.
Particulars (In Cr)Y/Y Change
Total Current Assets--
Total Non-Current Assets--
Fixed assets--
Total assets--
Total Current Liabilities--
Total Non-Current Liabilities--
Total Capital Plus Liabilities--
Total Shareholder Funds--
Total Debt to Equity--

Cash Flow

The net amount of cash or cash equivalents being transferred in and out of a company for a specified period of time. Cashflow stems from operating, investing and financing activities.
Particulars (In Cr)Y/Y Change
Cash from Operating Activity--
Cash from Financing Activities--
Cash from Investing Activities--
Net Cash Flow--

About Delta Autocorp Limited

Delta Autocorp was incorporated on May 20, 2016. The company manufactures and sells Electric 2W and 3W vehicles under the brand name "Deltic," using advanced components sourced from reputable OEMs based on custom design and engineering specifications. It supplies specific components compatible with its vehicles
  • Promoter
    Ankit Agarwal
  • Promoter
    Priyanka Agarwal
  • Promoter
    Sanwarmall Agarwalla

Delta Autocorp Limited IPO FAQs

What is Delta Autocorp Limited IPO?

down-arrow
Delta Autocorp Limited IPO refers to the initial public offering of shares by Delta Autocorp Limited. It is a process by which the company offers its shares to the public for the first time, allowing individuals to become shareholders.

What is the issue size of Delta Autocorp Limited IPO?

down-arrow
For Delta Autocorp Limited IPO the issue size is ₹55 Cr. The issue size is the total value of the shares offered to the public. It represents the amount the company aims to raise through the IPO.

What is the minimum investment amount for the Delta Autocorp Limited IPO?

down-arrow
For Delta Autocorp Limited IPO the minimum investment is ₹1,23,000. The minimum investment for Delta Autocorp Limited IPO is the smallest amount an individual can invest to participate in the offering. It is usually determined by the company and regulatory requirements.

What is the lot size of Delta Autocorp Limited IPO?

down-arrow
For Delta Autocorp Limited IPO the lot size is 1000 shares. The lot size of Delta Autocorp Limited IPO refers to the number of shares that investors need to bid for and purchase in a single transaction. It is predetermined by the company and regulators.

How to apply for Delta Autocorp Limited IPO on Share.Market?

down-arrow
To apply for Delta Autocorp Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the Delta Autocorp Limited IPO from the list and click on apply now. Place your bids or choose the Cut-off Price option. Enter your UPI ID and set up your mandate to place your application.

Can I pre-apply for Delta Autocorp Limited IPO?

down-arrow
Yes, investors can often pre-apply for some of the IPOs. Pre-application allows individuals to express their interest in participating in the IPO before the official subscription period begins. To pre- apply for Delta Autocorp Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the IPO from the list and click on pre-apply now. Once the IPO opens for subscription you can enter your UPI ID and set up your mandate to place your application.

How many days is the IPO application window open?

down-arrow
The IPO application window typically remains open for 3 days, starting from the date of the IPO opening. However, this duration can vary depending on the specific IPO and the regulatory requirements.

Till what time can I apply for an IPO on the last day on Share.Market?

down-arrow
You can apply for the IPO till 3 PM on the last day of application on Share.Market.

What is the allotment date of Delta Autocorp Limited IPO?

down-arrow
For Delta Autocorp Limited IPO the allotment date is January 10, 2025. The allotment date of Delta Autocorp Limited IPO is the date on which shares are allocated to the successful bidders. It marks the distribution of shares to investors.

What are the open and close dates of Delta Autocorp Limited IPO?

down-arrow
For Delta Autocorp Limited IPO, the subscription opens on January 7, 2025 and closes on January 9, 2025. The open and close dates of an IPO indicate the period during which investors can submit their bids to participate in the offering.
Bidding Ongoing
-
Total Subscription
342.06x Oversubscribed
Trade
Bidding Ongoing
-
Total Subscription
342.06x Oversubscribed
Trade