Emmforce Autotech
Emmforce Autotech Info
Details about the Emmforce Autotech IPO. Opening Date of Emmforce Autotech is 23 Apr 24 and Closing Date is 25 Apr 24 . Face Value of Each share of Emmforce Autotech is ₹10 per share. Price band of Emmforce Autotech is ₹93 to ₹98. The Lot size of Emmforce Autotech is 1,200 shares. Total issue size of Emmforce Autotech IPO is ₹53.9 cr. Fresh Issue of Emmforce Autotech IPO is 53.9 cr. This is a Book Building IPO. Expected to list on BSE SME. Share Holding Pre Issue of Emmforce Autotech is 15,000,000. Share Holding Post Issue of Emmforce Autotech is 20,499,600.
Business Summary
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.
Emmforce Autotech have established itself as a manufacturer of Drivetrain Parts in India and is one stop shop for quality cost competitive drivetrain parts and providing out-of-the-box solutions to its customers through designing and development of complex / special parts.
Emmforce Autotech IPO Details
| Open Date | 23 Apr 24 |
|---|---|
| Close Date | 25 Apr 24 |
| Face Value | ₹10 per shares |
| Price Band | ₹93 - ₹98 |
| Lot Size | 1,200 Shares |
| Total issue Size | 5,499,600 Shares ₹53.9 cr |
| Fresh Issue | 5,499,600 Shares ₹53.9 cr |
| Issue Type | Book Building |
| Listing At | BSE SME |
| Share Holding Pre Issue | 15,000,000 |
| Share Holding Post Issue | 20,499,600 |
| Market Maker | Spread X Securities |
| Market Maker Portion | 276,000 Shares |
| RHP , DHRP | View RHP, View DRHP |
Emmforce Autotech IPO Timeline
The Emmforce Autotech Initial Public Offering (IPO) is set to open on 23 Apr 24 and will end its subscription phase on 25 Apr 24. You can check your allotment status for Emmforce Autotech on 26 Apr 24. The refund process for your funds will start promptly on 29 Apr 24. Emmforce Autotech IPO credit of shares will be on 29 Apr 24. The listing date for Emmforce Autotech is on 30 Apr 24.
Open Date
Close Date
Basis Of Allotment
Initialization of Refund
Credit of Share
Listing Date
Emmforce Autotech IPO Reservation
The Emmforce Autotech IPO reserves shares for different investor categories. Approximately Not More than 50% of the Net Issue will be available for QIB, Not less than 15.00% of the Net Issue will be available for NII, Not less than 35.00% of the Issue will be available for Retail,
276,000 Shares will be reserved for subscription by Spread X Securities
| Investor Category | Shares Offered |
|---|---|
| QIB | Not More than 50% of the Net Issue |
| NII | Not less than 15.00% of the Net Issue |
| Retail | Not less than 35.00% of the Issue |
Emmforce Autotech IPO Lot Size
Bids can be made for minimum of 1200 shares and in multiple of 1200 equity shares thereafter
| Application | Lot | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | 117,600 |
| Retail (Max) | 1 | 1,200 | 117,600 |
| HNI (Min) | 2 | 2,400 | 235,200 |
Emmforce Autotech IPO Promoters Holding
Promoters holding details for Emmforce Autotech in the current issue is as follows: The share holding of promoters before the issue stands at 100%, and after the issue, it has been adjusted to 73.17%.
Promoters of Emmforce Autotech are Mr. Ashok Mehta, Mrs. Neetu Mehta, Mr. Azeez Mehta,
| Share Holding Pre Issue | 100% |
|---|---|
| Share Holding Post Issue | 73.17% |
Emmforce Autotech Financial Information
Financial performance details for Emmforce Autotech over the years are as follows: The table below presents key financial indicators, including Assets, Revenue, and Profit After Tax (PAT).
| Period | 31 Oct 23 | 31 Mar 23 | 31 Mar 22 | 31 Mar 21 |
|---|---|---|---|---|
| Assets | 5,597.13 | 4,895.4 | 5,257.36 | 3,384.41 |
| Revenue | 4,790.31 | 4,875.32 | 7,138.13 | 5,185.32 |
| Profit After Tax | 511.78 | 438.85 | 732.58 | 508.91 |
Emmforce Autotech IPO Key Performance Indicator
Key Performance Indicators (KPIs) for Emmforce Autotech are outlined below. Monitoring these KPIs provides insights into the company's operational and strategic performance. The table presents various performance indicators along with their corresponding values.
| KPI | Value |
|---|---|
| P/E (x) | 33.5 |
| RoNW | 2.83% |
| EPS (Rs) | 2.93 |
Object 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 Requirements of the company
- • General Corporate Purpose
Contact Details for Emmforce Autotech
Phone
Office
Plot No. 287, Industrial Area, Phase II Industrial Estate, Panchkula134113, Haryana, India
Registrar Details for Emmforce Autotech
Link Intime India Private Ltd
Phone
Office
C-101, 1st Floor, 247 ParkL.B.S. Marg, Vikhroli West Mumbai 400 083, Maharashtra, India
Lead Manager
- • Beeline Capital Advisors Pvt Ltd