Delta Autocorp Limited
The company manufactures and sells electric two-wheelers (2W) and three-wheelers (3W) under the brand name "Deltic." It specializes in the production of EVs using cutting-edge components sourced from reputed Original Equipment Manufacturers (OEMs), based on the company’s own design and engineering specifications. Additionally, the company supplies specific components that are custom-designed and fully compatible with its range of vehicles.
Price Band₹123 - ₹130 |
Dates07 Jan - 09 Jan |
GMP₹0 (0.00%) |
Subscriptions342.21 times |
Issue Size₹54.60 Crs |
Delta Autocorp IPO Objects
- 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 the Offer Expenses
Delta Autocorp IPO Details
Price Band₹123 - ₹130 |
Listing AtNSE SME |
IPO Issue Type100% Book Built Offer |
Fresh Issue₹50.54 Cr (0.39 Cr Shares) |
Offer For Sale₹4.06 Cr (0.03 Cr Shares) |
Total Issue₹54.60 Cr (0.42 Cr Shares) |
Face Value₹10 per equity share |
Delta Autocorp IPO Lot Information
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Retail |
Minimum
1
1,000
1,30,000
Maximum
1
1,000
1,30,000
|
|||
| NII |
Minimum
2
2,000
2,60,000
|
|||
Delta Autocorp IPO Subscription
Updated as on 09-Jan-2025 19:00:57 hrs
| Investor Category | Subscription (times) | Shares Offered | Shared Bid |
|---|---|---|---|
| QIB | 178.64 | 7,81,000 | 13,95,16,000 |
| NII | 624.79 | 5,87,000 | 36,67,49,000 |
| Retail | 314.34 | 13,68,000 | 43,00,13,000 |
| Total | 342.21 | 27,36,000 | 93,62,78,000 |
Delta Autocorp IPO GMP
The estimated Grey Market Premium of Delta Autocorp IPO is ₹0 per share (0.00%)
1. GMPs are available for IPOs with listing dates from May 1, 2025, onwards.
2. The GMP prices displayed here reflect news related to grey market trends. We do not trade or deal in the grey market, including subject-to-rates, nor do we recommend participating in grey market trading.
Category Allocation
| Particulars | Allocation |
|---|---|
| QIB | Not more than 50% of Net Offer |
| NII | Not less than 15% of Net Offer |
| Retail | Not less than 35% of Net Offer |
| Market Maker | 2.94L EQ Shares |
Delta Autocorp IPO Financials
| Particulars | Oct-24 | Jul-23 to Mar-24 | Jul-23 | Mar-23 | Mar-22 |
|---|---|---|---|---|---|
| Revenue from Operations | 45.18 | 63.07 | 17.74 | 80.02 | 57.13 |
| Profit after Tax | 4.81 | 6.96 | 1.26 | 5.13 | 4.20 |
| Net Worth | 22.70 | 17.89 | 12.43 | 11.41 | 6.89 |
| Total Borrowing | 11.20 | 5.36 | 4.67 | 4.14 | 7.34 |
| Total Assets | 47.42 | 34.61 | 24.76 | 21.10 | 20.32 |
| NAV per share (in ₹) | 19.91 | 15.69 | 22.39 | 20.57 | 12.41 |
| EPS - Basic (in ₹) | 4.22 | 9.51 | 2.28 | 9.25 | 7.57 |
- The financial information presented is on a consolidated basis
Key Performance Indicators
| KPI | Values |
|---|---|
| EBITDA | 9.74% |
| PAT | 6.42% |
| ROE | 56.10% |
| ROCE | 49.30% |
| Debt to Equity | 0.36 |
| PE Ratio | 11.03 |
| PB Ratio | 8.29 |
| Mkt Cap (in Crs.) | 198.77 |
- All Ratios are based on Mar 23 data
- PE & PB Ratio are based on Mar 24 data
Delta Autocorp IPO Peer Comparision
| Particulars | Delta Autocorp | Wardwizard Innovations & Mobility |
|---|---|---|
| Total Income (in Crs.) | 45.28 | 321.63 |
| EPS - Basic | 4.22 | 0.52 |
| NAV per share | 19.91 | 3.88 |
| RONW | 21.18% | 13.79% |
| Price to earning (PE) | 11.03 | 72.80 |
- Peer the information pertains to FY 2023-24, company information pertains to 31st Oct, 2024
- The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of December 20, 2024 for the Peer
Delta Autocorp IPO Peer Comparision
| Particulars | Delta Autocorp |
|---|---|
| Total Income (in Crs.) | 45.28 |
| EPS - Basic | 4.22 |
| NAV per share | 19.91 |
| RONW | 21.18% |
| Price to earning (PE) | 11.03 |
| Wardwizard Innovations & Mobility |
|---|
| 321.63 |
| 0.52 |
| 3.88 |
| 13.79% |
| 72.80 |
- Peer the information pertains to FY 2023-24, company information pertains to 31st Oct, 2024
- The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of December 20, 2024 for the Peer
Promoter Details
| Name | Shareholding |
|---|---|
| Ankit Agarwal | 79.65% |
| Priyanka Agarwal | 10.44% |
| Other Promoter & Group | 7.50% |
Management Details
| Name | Designation |
|---|---|
| Ankit Agarwal | Chairman & MD |
| Priyanka Agarwal | WTD & CFO |
Company Details
Name: Delta Autocorp Limited
Address: 501-502, Fifth Floor, N.D.M-1,
Plot no. B-2-3-4, Netaji Subhash
Place, Pitampura, Delhi-110034
Number: +91 8448223541
Email: compliance@deltic.co
Website: www.deltic.co
Book Running Lead Managers (BRLMs)
GYR Capital
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Visit WebsiteFrequently Asked questions?
Find answers to common questions that come in your mind related to IPO.
Delta Autocorp IPO is a SME IPO having an issue size of Rs. ₹54.60 Crs. Delta Autocorp IPO is priced at ₹123 - ₹130 per share. The issue opens on 07 Jan 25 and closes on 09 Jan 25.
Delta Autocorp IPO opens on 07 Jan 25 and closes on 09 Jan 25.
The estimated Grey Market Premium of Delta Autocorp IPO is ₹0 per share (0.00%).
The minimum lot size of Delta Autocorp IPO is 1000 shares & the minimum application amount is Rs. 130000.
The allotment date of Delta Autocorp IPO is 10 Jan 25.
The listing date of Delta Autocorp IPO is 14 Jan 25.
Delta Autocorp IPO is subscribed 342.21 times.
Delta Autocorp IPO is priced at ₹123 - ₹130 per share.
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