Emmforce Autotech IPO Details: Emmforce Autotech has set the date for its IPO, which is scheduled to commence on April 23 and conclude on April 25. The company aims to raise ₹53.90 crores through this NSE SME IPO. The price range for the Emmforce Autotech IPO has been fixed at ₹93 to ₹98 per share, with a market lot comprising 1200 shares.
Specializing in the production of niche automotive drivetrain components such as Differential Housings, Lockers, Covers, 4WD Locking Hubs, and various other parts, Emmforce Autotech has made significant strides in the industry. With a strong focus on exports since its inception, the company has positioned itself as a reliable manufacturer of high-quality and cost-effective drivetrain components, catering primarily to 4-wheel drive and performance racing vehicles.
Emmforce Autotech distinguishes itself through its extensive inventory of tooling for forging and machining, as well as its dedication to engineering excellence. This enables the company to develop new parts at a notably faster pace than its competitors. By offering comprehensive engineering solutions from conceptualization through validation and manufacturing, Emmforce Autotech effectively addresses the diverse needs of its clientele.
At the conceptualization stage, the company leverages market insights to tailor strategies to individual customer requirements. The development phase encompasses meticulous product design, material procurement, and processing, while the validation phase involves rigorous prototyping, testing, and feasibility analysis. With in-house manufacturing capabilities spanning forging, machining, heat treatment, and quality assurance, Emmforce Autotech ensures efficient and timely delivery of its products.
In essence, Emmforce Autotech stands as a testament to innovation and reliability in the automotive industry, offering not just products, but fully integrated solutions that enhance performance and drive profitability for its customers.
Emmforce Autotech IPO Objectives:
The company intends to utilize the net proceeds of the Issue to meet the following objectives:
- 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 Requirements of the company.
- General Corporate Purpose.
Emmforce Autotech IPO Review (Apply or Not)
- To be updated soon
Emmforce Autotech IPO Date & Price Band Details:
| IPO Open: | 23-April-2024 |
| IPO Close: | 25-April-2024 |
| IPO Size: | Approx ₹53.90 Crores, 5,499,600 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹93 to ₹98 Per Equity Share |
| IPO Listing on: | NSE SME |
| Retail Quota: | 35% of the net offer |
| QIB Quota: | 50% of the net offer |
| NII Quota: | 15% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors in IPO: | Click Here |
Emmforce Autotech IPO Lot Size:
Investors looking to participate in the Emmforce Autotech IPO will need to acquire a minimum market lot of 1200 shares, requiring an application amount of ₹117,600.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1200 | ₹117,600 |
| Retail Maximum | 1 | 1200 | ₹117,600 |
| S-HNI Minimum | 2 | 2400 | ₹235,200 |
Emmforce Autotech IPO Timeline:
The Emmforce Autotech IPO is scheduled to open on April 23 and will run until April 25. Following this, the IPO allotment date is set for April 26, with a potential listing date of April 30.
| IPO Open Date: | 23-April-2024 |
| IPO Close Date: | 25-April-2024 |
| Basis of Allotment: | 26-April-2024 |
| Refunds: | 29-April-2024 |
| Credit to Demat Account: | 29-April-2024 |
| IPO Listing Date: | 30-April-2024 |
Emmforce Autotech IPO GMP Today:
GMP for Emmforce Autotech SME IPO has not started yet. We are updating the GMP information on a daily basis. Please visit us again soon for the latest GMP updates.
Emmforce Autotech Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2021 | ₹51.85 | ₹43.60 | ₹5.09 |
| 2022 | ₹71.38 | ₹60.17 | ₹7.33 |
| 2023 | ₹48.75 | ₹41.98 | ₹4.39 |
| October 2023 | ₹5.19 | ₹4.59 | ₹0.44 |
Emmforce Autotech IPO Valuation – FY2023
Check Emmforce Autotech IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹2.93 per Equity Share |
| Price/Earning P/E Ratio: | [.] |
| Return on Net Worth (RoNW): | 18.71% |
| Net Asset Value (NAV): | ₹15.63 per Equity Share |
Peer Group
- Divgi Torqtransfer Systems Ltd
Company Promoters
- Mr. Ashok Mehta
- Mrs. Neetu Mehta
- Mr. Azeez Mehta
Emmforce Autotech IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: emmforce.ipo@linkintime.co.in
Website: https://linkintime.co.in/initial_offer/public-issues.html
Emmforce Autotech IPO Allotment Status
Check Emmforce Autotech IPO allotment status on Link Intime website URL. Click Here
Emmforce Autotech IPO Lead Managers aka Merchant Bankers
- Beeline Capital Advisors Pvt Ltd
Company Address
Emmforce Autotech Limited
Plot No. 287, Industrial Area,
Phase II Industrial Estate,
Panchkula – 134113
Phone: +91- 9876009999
Email: info@emmforce.com
Website: http://www.emmforce.com/
