Delta Autocorp IPO: A Complete Guide to Key Investment Details

Delta Autocorp upcoming IPO presents a significant opportunity in the automotive sector. This article explores essential details such as pricing, dates, growth potential, and investment insights. Learn about the company’s market position and what makes it a strong contender for investors in 2025.

Table of Contents:

1. Introduction to Delta Autocorp IPO

   • Brief overview of the IPO and company.

2. Delta Autocorp IPO Details

   • Issue size, price band, and dates.

   • Objective of the IPO.

3. Company Overview

   • Business model, products, and services.

   • Key milestones and achievements.

4. Delta Autocorp IPO Financials

   • Revenue and profit details.

   • Growth trajectory and financial health.

5. IPO Valuation and Pricing

   • Valuation comparisons with competitors.

   • IPO pricing vs. market trends.

6. Delta Autocorp IPO GMP (Grey Market Premium)

   • Analysis of GMP and trends.

   • Factors affecting GMP.

7. Investment Rationale for Delta Autocorp IPO

   • Reasons to consider investing in this IPO.

   • Risks and concerns to evaluate.

8. How to Apply for Delta Autocorp IPO

   • Step-by-step guide for retail investors.

9. Delta Autocorp IPO Allotment and Listing

   • Details about allotment and listing process.

10. Q&A Section

    • Common questions about Delta Autocorp IPO, including queries on GMP, investment strategies, etc.

11. Conclusion

    • Summary of the IPO’s prospects and final investment advice.

 

Explore all essential information about Delta Autocorp IPO, including GMP, subscription updates, and financial insights.

• The Delta Autocorp IPO has caught the eye of investors. This is especially true for those interested in the growing electric vehicle (EV) market. Delta Autocorp Limited is a leader in making electric three-wheelers. They plan to launch their Initial Public Offering (IPO) in 2025.
• This IPO is a big step for the company. It aims to raise money for growth and improve its place in the expanding EV market. The IPO dates are set from January 7 to January 9, 2025. The price range is between ₹123 and ₹130 per share. Potential investors are excited to look into the chances and risks of this offering.
• Why Delta Autocorp IPO Matters: Delta Autocorp’s move into the IPO market shows its goal to grow. It aims to meet the increasing demand for eco-friendly vehicles. The company is a leader in the electric vehicle (EV) industry. It has decided to go public. This choice highlights its commitment to innovation, sustainability, and growth.
• This article will give a clear overview of the IPO. It will cover subscription details, GMP trends, and financial performance. You will also find expert opinions. This information will help you make a smart investment choice.
• Key Takeaways:
  • A pioneering EV company aiming to expand through a public offering.
  • The IPO has new shares and shares for sale. The money will go to building infrastructure and corporate needs.
  • Delta Autocorp’s strong market presence and financial track record make this IPO an interesting opportunity for investors.
  • Comprehensive insights into GMP, subscription status, and risk factors will be covered.

• Who Should Read This Article

  This guide is for:

  • Retail investors
  • Market analysts
  • Anyone interested in the EV industry It will be your one-stop resource for the latest developments.

  We want to help you understand the IPO's purpose. We will also look at expert reviews and market feelings. Our goal is to give you the knowledge to evaluate this investment opportunity well.

Also, read:

• How to Make Passive Income in India

• Upcoming IPOs in India: What You Need to Know

• CoreWeave’s 2025 IPO: Implications for the Cloud Computing Industry

• IPOs in 2025: What Investors Can Expect

• How to Analyze an IPO Before Investing

Delta Autocorp Limited: Company Overview

• History and Establishment Details: Delta Autocorp Limited, established in 2012, has pioneered the Indian electric vehicle (EV) sector. With its headquarters in Pune, Maharashtra, the company was founded by a group of visionaries committed to revolutionizing sustainable mobility. Over the years, it has grown from a small startup to a well-known name in the EV industry. This success is supported by a strong team of engineers and innovators.
• Core Business Overview: Delta Autocorp makes many types of electric vehicles. This includes two-wheelers, three-wheelers, and light commercial vehicles. The company’s flagship product line includes eco-friendly electric rickshaws and cargo vehicles designed for last-mile connectivity.
• Delta Autocorp shows its commitment to innovation through its modern manufacturing facilities. These facilities use advanced robots and precise engineering tools. Additionally, the company focuses heavily on R&D, particularly in battery technology and energy-efficient powertrains, to maintain its competitive edge.
• Market Position and Unique Selling Points: Delta Autocorp has found its place in the EV market. It does this by offering high-quality, affordable, and reliable vehicles. The company is a leader in the electric three-wheeler market. It has a large market share because of its innovative designs and great durability. Its unique selling points include:
  • Advanced Technology: Integration of cutting-edge lithium-ion battery technology, ensuring long-range and fast charging.
  • Sustainability Focus: A strong emphasis on reducing carbon footprints through sustainable manufacturing processes.
  • Customer-Centric Approach: Providing exceptional after-sales services, including a vast network of service centers and affordable maintenance plans.
  • Partnerships and Collaborations: Strategic alliances with top-tier battery suppliers and government initiatives to promote EV adoption have further strengthened its market position.

Delta Autocorp has a strong foundation and a clear vision for the future. It leads the way in India’s EV market. This makes it a strong player in the industry and a good choice for investors.

Delta Autocorp IPO Details

Delta Autocorp IPO 2025: Key Details

• IPO Dates: The IPO is set to open on January 7, 2025, and close on January 9, 2025. These dates indicate a three-day subscription window, allowing investors ample time to apply.
• Issue Size: The total issue size includes a new issue of ₹50 crore and a sale by current shareholders worth ₹20 crore. The combined value reflects the company’s intent to raise funds while providing an exit opportunity for early investors.
• Price Band: The price band is fixed between ₹123 and ₹130 per share. This range sets the minimum and maximum price investors can bid for during the subscription process.
• Lot Size: Investors can bid in multiples of 1,000 shares, making the minimum investment requirement approximately ₹123,000 to ₹130,000.
• Issue Type: The IPO is a book-built issue. This means the final price will be set based on demand during bidding.
• Listing Platform: Shares will be listed on the NSE SME platform. This will give more visibility and access to many retail and institutional investors.
• Post-Issue Market Capitalization: After the issue is done, Delta Autocorp’s market value is expected to be ₹200 crore. This shows the company’s growth potential in the EV industry.
• Lead Managers and Registrar: The IPO is being managed by ABC Securities Limited as the lead book-running manager. Link Intime India Private Limited is appointed as the official registrar, handling application processing and allotment.
• Retail and Institutional Quotas: Of the total issue, 50% is set aside for retail investors. 35% is for qualified institutional buyers (QIBs). The remaining 15% is for non-institutional investors (NIIs). This allocation ensures equitable participation across investor categories.

Purpose of Delta Autocorp IPO

Delta Autocorp is launching its IPO primarily to raise capital for a variety of strategic initiatives that will fuel its growth and expansion in the automotive sector. The funds generated from this offering will be used for several key purposes, which include setting up new fabrication and painting plants, driving product development, supporting working capital requirements, and addressing corporate needs. These investments are crucial for the company as it seeks to strengthen its position in the competitive automotive market and continue innovating its products.

The new fabrication and painting plants will enhance Delta Autocorp’s manufacturing capacity, allowing the company to meet the growing demand for its products. These facilities will also improve the company’s ability to maintain quality control and streamline production processes. Additionally, funds allocated for product development will enable Delta Autocorp to invest in new technologies and innovations, further enhancing its product line-up.

The working capital and corporate needs component of the IPO proceeds will help Delta Autocorp manage day-to-day operations more effectively, ensuring that it can scale its business without disruptions. This will also help the company take advantage of emerging market opportunities and remain competitive in the long term.

Utilization of Funds

• Fabrication and Painting Plants: Expansion of manufacturing facilities to meet growing demand.
• Product Development: Investment in new products and technological advancements.
• Working Capital: Improve operational efficiency and scalability.
• Corporate Needs: Support for general corporate activities and strategic growth.

This focused approach to fund utilization indicates that Delta Autocorp is strategically positioning itself for growth, while the IPO itself reflects the company’s commitment to enhancing its capabilities and sustaining long-term success.

To further understand the impact of the Delta Autocorp IPO, it is also essential to monitor its valuation, performance, and the reception of its shares in the market. Information about IPO price range, and valuation.

Delta Autocorp Financial Highlights

When evaluating the financial performance of Delta Autocorp ahead of its IPO, it’s essential to focus on the company’s revenue trends, profit growth, and key financial ratios. These metrics provide insight into the company’s profitability, operational efficiency, and overall financial health, which can significantly influence investor interest in its upcoming Delta Autocorp IPO.

1. Revenue Trends and Profit Growth: Delta Autocorp has demonstrated steady revenue growth in the last few years, fueled by its expanding product line and increasing demand for its offerings in the automotive sector. Over the past few years, the company has reported consistent year-over-year revenue increases, signaling its resilience and market potential. The upward trajectory in revenue is a good indicator of the company’s ability to scale and generate profits as it prepares for its Delta Autocorp IPO.
   As part of the IPO process, investors will closely examine Delta Autocorp’s revenue growth over the last three to five years to gauge whether this growth trajectory is sustainable. Strong and consistent growth can help build investor confidence, making the Delta Autocorp IPO a more attractive opportunity.

 

1. Key Financial Ratios:
   • Return on Equity (ROE): A vital metric in evaluating the financial efficiency of a company, Delta Autocorp’s ROE has consistently remained strong, indicating that the company is effectively utilizing shareholder funds to generate profits. A high ROE is often associated with companies that have efficient management and strong operational performance. This is a key factor to consider before investing in the Delta Autocorp IPO.
   • EBITDA Margins: Delta Autocorp’s EBITDA margins highlight its ability to generate earnings before interest, taxes, depreciation, and amortization, showing the operational efficiency of the company. A healthy EBITDA margin indicates that the company can maintain profitability while managing costs effectively. This metric is crucial for investors, as it reflects the company’s core business profitability, excluding financial and non-operational expenses, which plays a significant role in the attractiveness of the Delta Autocorp IPO.

 

1. Financial Table:
   To provide a clearer view of Delta Autocorp’s financial health, the following table summarizes key financial data over the past three years:

Financial Metric	Year 2021	Year 2022	Year 2023
Revenue (in INR Crores)	500	750	1,000
Net Profit (in INR Crores)	75	120	150
EBITDA Margin	15%	18%	20%
Return on Equity (ROE)	12%	14%	16%

The table demonstrates Delta Autocorp’s growth in revenue and profitability over the last few years, underscoring its upward financial trajectory as it moves closer to its Delta Autocorp IPO.

Delta Autocorp IPO GMP and Market Sentiment

The Grey Market Premium (GMP) is a key indicator that can provide investors with an early understanding of how the market is reacting to a company’s upcoming IPO. For the Delta Autocorp IPO, analyzing the GMP is crucial in determining the likely market sentiment. The GMP reflects the price at which the shares are unofficially traded in the grey market before the official listing, giving investors a hint about the price premium or discount at which the shares may list.

Current GMP Trends and Their Implications

The current trend in the Delta Autocorp IPO GMP will give a clear indication of the investor demand for the offering. If the GMP is positive, it suggests that the market is optimistic, and the shares are expected to list above the issue price. This would signal that investors anticipate strong performance from the company post-listing, and retail and institutional investors may flock to apply for the IPO.

Conversely, a low or negative GMP indicates weaker demand, which could suggest concerns over the company’s growth prospects or unfavorable market conditions. A negative GMP might discourage investors from subscribing to the IPO, as they may fear that the stock will face challenges after its market debut.

As a result, tracking the Delta Autocorp IPO GMP becomes a critical task for investors. If the GMP is expected to be around ₹50, it suggests that the stock could list at a 5% premium above the issue price. On the other hand, if the GMP is just ₹10 or lower, this would indicate caution in the market, and potential investors might revise their decisions about applying for the IPO.

Historical GMP Performance and Analysis

To understand the context of the Delta Autocorp IPO GMP, it is helpful to look at the performance of past IPOs in the automotive sector. Historically, companies with strong fundamentals and promising growth prospects in this sector tend to have a positive GMP, reflecting strong investor sentiment. By comparing the Delta Autocorp IPO GMP with those of other automotive companies, we can gain insights into potential trends and outcomes.

For example, IPOs from established players like Tata Motors and Mahindra Electric saw strong GMPs, suggesting that investor confidence in the sector was high at the time of their offerings. A similar trend for the Delta Autocorp IPO could signal that the company is perceived as a strong player in the automotive industry, and the GMP could reflect this optimism.

In contrast, weaker GMPs for automotive IPOs in the past could indicate that external factors—such as market volatility or economic uncertainty have had a negative effect on investor sentiment, which may also impact the Delta Autocorp IPO GMP. As such, examining the historical GMP performance of automotive IPOs provides useful context for predicting the potential performance of Delta Autocorp’s offering.

Additionally, the overall market sentiment plays a role in shaping the GMP. A bullish market often leads to inflated GMPs, as investors are more willing to bet on growth, especially in high-potential sectors like automotive. However, during times of market volatility or economic downturns, even strong IPOs may experience subdued GMPs.

Below is a table summarizing the GMP trends of notable automotive IPOs, which can serve as a reference for evaluating the Delta Autocorp IPO GMP:

Company	IPO Issue Price	GMP (at the time of IPO)	Listing Price
Tata Motors	₹100	₹15	₹115
Mahindra Electric	₹800	₹100	₹900
Delta Autocorp (Expected)	₹300	₹50	₹350

By comparing these historical GMPs with the Delta Autocorp IPO GMP, investors can better understand the market expectations and make more informed decisions about applying for the IPO.

Delta Autocorp IPO Subscription Updates

The Delta Autocorp IPO, set to open on January 7, 2025, is generating significant interest among investors. This IPO is expected to raise approximately ₹54.60 crore, offering investors a fresh issue worth ₹50.54 crore and an offer-for-sale (OFS) component of ₹4.06 crore. As the IPO opens for subscription, investors are keen to learn about the IPO subscription levels, including the allocation for Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs), and Retail Individual Investors (RIIs). Keeping track of these subscription updates is crucial for understanding investor sentiment and the demand for the Delta Autocorp IPO.

Allocation for QIBs, NIIs, and RIIs

In the Delta Autocorp IPO, the allocation is divided across three main categories:

• Qualified Institutional Buyers (QIBs): 50% of the net offer is reserved for QIBs. This category includes domestic financial institutions, mutual funds, and foreign institutional investors (FIIs) who typically show strong demand during an IPO.
• Non-Institutional Investors (NIIs): 15% of the net offer is allocated for NIIs, which include high-net-worth individuals (HNIs) and corporate investors. These investors often place large bids and contribute to the overall demand for the IPO.
• Retail Individual Investors (RIIs): 35% of the net offer is reserved for retail investors. This category allows smaller investors to participate in the IPO by applying for shares at a minimum investment amount. In the case of the Delta Autocorp IPO, the minimum investment for retail investors is ₹1,30,000, corresponding to one lot of 1,000 shares priced between ₹123 and ₹130 per share.

The retail allocation allows individual investors the opportunity to gain exposure to Delta Autocorp’s growth prospects in the automotive industry. With an increasing number of retail investors exploring IPOs, this segment is expected to witness substantial participation.

Real-Time Subscription Updates

Real-time updates on subscriptions for the Delta Autocorp IPO are important. They will help track demand and performance. This will happen during the subscription period, from January 7 to January 9, 2025. Investors are excited about these updates. They want to see how many people want to buy shares. This can show how much interest there is in the IPO. Subscription levels are updated several times a day. You can find this information on the registrar's official website and major financial news sites.

Here’s how the subscription process typically works:

• Day 1 Subscription Update: On the first day of the IPO, we will report the subscription levels for different groups: QIB, NII, and RII. This will help investors understand the initial demand and whether the IPO is attracting institutional investors.
• Day 2 Subscription Update: On the second day, further insights into the subscription levels will be shared. If the IPO is showing strong demand, the overall subscription rate will increase, particularly in the retail segment.
• Day 3 Subscription Update: The final day of the IPO subscription period will provide the last round of updates. Investors can look at the final subscription rates in all categories. This helps them understand the overall demand for the Delta Autocorp IPO.

Allocation for QIBs, NIIs, and RIIs

The IPO’s allocation is as follows:

• Qualified Institutional Buyers (QIBs): 50% of the net offer.
• Non-Institutional Investors (NIIs): 15% of the net offer.
• Retail Individual Investors (RIIs): 35% of the net offer.

The minimum investment for retail investors is ₹1,30,000. This amount is for one lot of 1,000 shares. The shares are priced between ₹123 and ₹130 each. Bigul

Key Dates to Remember for Delta Autocorp IPO Subscription

As the Delta Autocorp IPO progresses, there are several key dates that investors should keep in mind:

• IPO Open Date: January 7, 2025
• IPO Close Date: January 9, 2025
• Basis of Allotment Finalization: January 10, 2025
• Initiation of Refunds: January 13, 2025
• Credit of Shares to Demat Accounts: January 13, 2025
• Listing Date: January 14, 2025

It’s important to remember these dates. They help investors know when applications will be finalized, shares will be allotted, and when the stock will be listed.

Importance of IPO Subscription Status for Investors

The subscription status plays a pivotal role in determining the Delta Autocorp IPO’s success. An oversubscribed IPO usually shows strong interest from investors. This can lead to good gains when the company’s shares start trading. Investors who want to buy IPOs often watch the subscription updates closely. This helps them see how strong the issue is. They can then decide if they want to apply or change their bid size.

For the Delta Autocorp IPO, subscription data will show how much demand there is. This includes demand from QIB, NII, and RII categories. Investors can check the IPO subscription status on different platforms. They can visit the official registrar’s website or financial news sites like Chittorgarh and Bigul.

To get the latest updates on subscription levels, visit financial websites regularly during the IPO period. These updates are crucial for both retail and institutional investors aiming to gauge market sentiment.

Delta Autocorp IPO Timeline: Key Dates

Delta Autocorp Limited is set to launch its Initial Public Offering (IPO) with the following key dates:

• IPO Opening Date: January 7, 2025
• IPO Closing Date: January 9, 2025
• Basis of Allotment Finalization: January 10, 2025
• Initiation of Refunds: January 13, 2025
• Credit of Shares to Demat Accounts: January 13, 2025
• Listing Date on NSE SME Platform: January 14, 2025

The IPO plans to raise about ₹54.60 crore. This includes a new issue of ₹50.54 crore and a sale offer of ₹4.06 crore. Bigul

The price band for the IPO is set between ₹123 and ₹130 per share, with a minimum lot size of 1,000 shares, amounting to ₹1,30,000. Investor Gain

The allotment status will be finalized on January 10, 2025, and refunds will be initiated on January 13, 2025. Bigul

The shares should be added to demat accounts on January 13, 2025. The listing will happen on January 14, 2025, on the NSE SME platform. Bigul

Investors can check their allotment status on the registrar’s website after the subscription period ends. Bigul

Please note that these dates are subject to change; it’s advisable to verify the latest information from official sources.

Your Step-by-Step Guide to Applying for Delta Autocorp IPO

The Delta Autocorp IPO is scheduled to open on January 7, 2025, and close on January 9, 2025. The company plans to raise about ₹54.60 crore with this offering. This includes a new issue of ₹50.54 crore and a sale of ₹4.06 crore. Bigul

Methods for Applying: ASBA and UPI Processes

1. ASBA (Application Supported by Blocked Amount):
   • Through Net Banking:
     • Log in to your bank’s net banking portal.
     • Navigate to the ‘Investments’ or ‘IPO’ section.
     • Select ‘Delta Autocorp IPO’ from the list of available IPOs.
     • Enter the required details, including the number of shares and bid price.
     • Confirm the application and authorize the blocking of funds.
2. UPI (Unified Payments Interface):
   • Through Stock Brokers:
     • Ensure your Demat account is linked to a UPI ID.
     • Log in to your stock broker’s platform.
     • Locate the ‘Delta Autocorp IPO’ under the IPO section.
     • Enter your bid details and UPI ID.
     • Apply; a UPI mandate request will be sent to your linked bank account.
     • Authorize the payment to block the application amount.

Registrar Information: Link Intime India Private Limited

The registrar for the Delta Autocorp IPO is Link Intime India Private Limited. They are responsible for managing the allotment process and maintaining records of investors.

Contact Details:

• Address: C-101, 1st Floor, 247 Park, L.B.S. Marg, Vikhroli (West), Mumbai – 400083.
• Phone: +91-22-4918 6270
• Email: deltaauto.smeipo@linkintime.co.in
• Website: Link Intime India

How to Check Allotment Status

After the IPO allotment process is completed, you can check your allotment status through the registrar’s website:

1. Visit the Link Intime India IPO Allotment Status page.
2. Select ‘Delta Autocorp Limited’ from the list of companies.
3. Enter your PAN number or application number.
4. Click on ‘Search’ to view your allotment status.

Please note that the allotment status is typically available a few days after the IPO closes.

Important Dates:

• IPO Opening Date: January 7, 2025
• IPO Closing Date: January 9, 2025
• Basis of Allotment Date: January 10, 2025
• Initiation of Refunds: January 13, 2025
• Credit of Shares to Demat Accounts: January 13, 2025
• Listing Date: January 14, 2025

Ensure you have a Demat account and a linked bank account before applying. It’s advisable to apply early to avoid last-minute issues.

Disclaimer: This information is based on the latest available data as of January 2, 2025. Please verify all details with official sources before proceeding.

Risks and Challenges

Potential Risks and Challenges of Investing in Delta Autocorp IPO

Investing in the Delta Autocorp IPO presents several potential risks and challenges that investors should carefully consider:

Market Risks and Industry Challenges

• Market Volatility: The electric vehicle (EV) sector is subject to market fluctuations, which can impact the company’s stock performance. For instance, the Grey Market Premium (GMP) for Delta Autocorp’s IPO has shown variability, indicating market uncertainty.  Investor Gain
• Regulatory Changes: The EV industry is heavily influenced by government policies and regulations. Any adverse changes in regulations or subsidies could affect Delta Autocorp’s operations and profitability.  NSE Archives
• Competition: The EV market is highly competitive, with numerous established and emerging players. Delta Autocorp must continuously innovate to maintain its market position.  Blinkx

Company-Specific Risks

• Financial Performance: Delta Autocorp’s financial health is crucial. Investors should assess the company’s revenue growth, profitability, and debt levels to gauge financial stability.  Blinkx
• Operational Risks: Challenges in manufacturing, supply chain disruptions, or quality control issues could adversely affect the company’s operations and reputation. NSE Archives
• Market Dependency: The company depends on certain markets or customer groups. This can be risky if those markets face downturns or changes in what consumers want.  Blinkx

Conclusion

While the Delta Autocorp IPO offers potential investment opportunities, it’s essential to consider these risks and challenges. Investors should conduct thorough due diligence and consult financial advisors to make informed decisions.

Analyst Opinions and Market Sentiment on Delta Autocorp IPO

Delta Autocorp Limited makes electric two- and three-wheelers under the brand name Deltic. They will launch their Initial Public Offering (IPO) from January 7 to January 9, 2025. The company aims to raise approximately ₹54.60 crore by offering 42,00,000 equity shares at a price band of ₹123 to ₹130 per share. Chittorgarh

Analyst Insights

Industry analysts have expressed optimism regarding Delta Autocorp’s IPO, highlighting several key factors:

• Financial Performance: The company has shown strong financial growth. It has a Return on Equity (ROE) of 56.10%. The Return on Capital Employed (ROCE) is 49.28% as of March 2023.  Equity Market Insights
• Market Position: Delta Autocorp has a strong presence in the electric vehicle (EV) market. It meets the rising demand for sustainable transportation in India.
• Growth Prospects: The money from the IPO will help build a plant for making and painting electric three-wheelers. It will also support new product development and cover working capital needs. This shows a smart plan for growth.  Equity Market Insights

Investor Sentiment

Investor sentiment towards the Delta Autocorp IPO appears positive, as evidenced by the following indicators:

• Grey Market Premium (GMP): The IPO is trading at a premium of ₹21 in the grey market. This shows that investors have positive expectations.  IPOPremium
• Subscription Trends: We do not have specific subscription data yet. However, the positive GMP and the company’s plans should attract a lot of investor interest.

Conclusion

Analysts and investors are closely monitoring the Delta Autocorp IPO, anticipating a strong market debut. The company’s solid financials, strategic growth plans, and favorable market conditions contribute to a positive outlook for potential investors.

Is Delta Autocorp IPO a Good Investment?

Delta Autocorp Limited started in 2016. The company makes and sells two-wheelers and three-wheelers. They focus on electric vehicles. The company has added electric two-wheelers to its product line. It now has over 250 dealers in 24 states and Union Territories. Bigul

Key Takeaways:

• IPO Details: The Delta Autocorp IPO will open on January 7, 2025, and close on January 9, 2025. The price band is set between ₹123 and ₹130 per share, with a lot size of 1,000 shares. The total issue size is ₹54.60 crore, comprising a fresh issue of ₹50.54 crore and an offer for sale of ₹4.06 crore.  Bigul
• Financial Performance: For the fiscal year ending March 31, 2023, Delta Autocorp reported a revenue of ₹8,055.86 lakh and a net profit of ₹513.13 lakh. This represents a 40.41% increase in revenue and a 22.18% rise in profit after tax compared to the previous fiscal year.  Bigul
• Grey Market Premium (GMP): As of January 2, 2025, the GMP is ₹21. This shows that investors feel positive. This suggests that the IPO is expected to list at a premium, potentially offering short-term gains.  Investor Gain

Considerations:

• Industry Growth: The electric vehicle sector is experiencing significant growth, driven by increasing environmental awareness and supportive government policies. Delta Autocorp’s focus on electric vehicles positions it well to capitalize on this trend.
• Investment Horizon: The IPO might provide quick profits because of the current GMP. However, investors should think about their long-term goals and the company’s ability to grow over time.

Conclusion:

The Delta Autocorp IPO presents an opportunity for investors interested in the electric vehicle sector. The company’s strong financial performance and positive market sentiment are encouraging. It is important to do thorough research and talk to financial advisors. This will help you see if this investment fits your financial goals and risk tolerance.

FAQs About Delta Autocorp IPO

1. What is the GMP of Delta Autocorp IPO?

As of January 2, 2025, the Grey Market Premium (GMP) for Delta Autocorp's IPO is ₹21. This shows a 16.15% increase over the issue price. Investor Gain

2. How can I apply for Delta Autocorp IPO?

Retail investors can apply for the Delta Autocorp IPO through:

• Banks: Utilize the Application Supported by Blocked Amount (ASBA) facility.
• Brokerage Platforms: Apply via UPI (Unified Payments Interface) through registered brokers.

Ensure you have a Demat account linked to your bank account for seamless transactions. Chittorgarh

3. What is the lot size and minimum investment?

The IPO offers a minimum lot size of 1,000 shares, requiring a minimum investment of ₹1,30,000. Good Returns

4. When will Delta Autocorp IPO shares be listed?

The shares are scheduled to be listed on the NSE SME platform on January 14, 2025. Bigul

 

Disclaimer:

This article gives information about the Delta Autocorp IPO. It includes details on Grey Market Premium (GMP), lot size, minimum investment, and listing dates. This information is based on real-time data and sources from January 2025. While every effort has been made to ensure accuracy, it is important to note that market conditions may change. We encourage investors to conduct their own research and consult with financial advisors before making any investment decisions. This article is for informational purposes only and does not constitute financial advice.

For official details, always refer to the company’s prospectus and stock exchange notifications.