Delta Autocorp Ltd

Delta Autocorp Ltd IPO

Delta Autocorp Ltd IPO Price Range is ₹123 - 130, with a minimum investment of ₹1,30,000 for 1000 shares.

₹1,30,000

/ 1000 shares

Minimum Investment

View Delta Autocorp Ltd IPO details including price range, minimum investment, lot size, financials, and IPO timeline. Get subscription updates, peer comparison, and key insights to help you make an informed decision.

IPO Status

Closed

Price Band

₹123 - 130

Open Date

2025-01-07

Close Date

2025-01-09

IPO Size

₹54.60 Cr

Lot Size

1000 shares

Min Investment

₹1,30,000

Listing Exchange

NSE

Delta Autocorp Ltd IPO Application Timeline

passed
Open Date7 Jan 2025
passed
Close Date9 Jan 2025
passed
Allotment Date10 Jan 2025
passed
Listing Date14 Jan 2025

IPO Subscription Status

IPO subscribed over

🚀 309.003x

This IPO has been subscribed by 314.337x in the retail category and 178.638x in the QIB category.

Subscription Rate

Total Subscription309.003x
Retail Individual Investors314.337x
Qualified Institutional Buyers178.638x
Non Institutional Investors624.785x
NameDelta Autocorp Ltdx

Strengths and Risks

Strengths

Strengths

  • Experienced Promoters and Management Team.

  • Customer Centric Approach.

  • In house Research and Development of Products.

  • Cracking the distribution model.

  • Tapping into the mass premium segment.

  • Quality Standard Certifications & Quality Test.

  • Diversified product range.


Risks

Risks

  • If the company electric vehicles contain defects, does not perform as per industry standards and/or fails to meet the performance levels advertised, its brand and reputation and the company ability to develop, market and sell its electric vehicles could be adversely impacted, and the company may be compelled to undertake product recalls or similar corrective actions and have legal actions taken against the company.

  • Its success depends on the company ability to successfully develop, introduce, manufacture, market and deliver new electric vehicle models of high quality on schedule and on a large scale, which may expose it to new and increased challenges and risks.

  • The company is dependent on its dealers for sale of its product. Loss of any or all such dealer may have an adverse impact on its business, results of operations and financial conditions.

  • The Company is dependent on a few suppliers for purchases of products. The loss of any of these large suppliers may affect its business operations.

  • Its business is dependent on the company distribution network. An inability to expand or effectively manage its distributor network, or any disruptions in the company distribution network may have an adverse effect on its business, results of operations, financial condition and cash flows.

  • The company is dependent on third parties for its logistics and transportation needs. Any disruptions in the same may adversely affect the company operations, business, cash flows and financial conditions.

  • Its Registered Office, Corporate Office and Manufacturing units from where the company operate is not owned by it.

  • Its may not be able to compete successfully in the highly competitive and fast evolving automotive market.

  • Its operations could be adversely affected by strikes, work stoppages or increased wage demands by its employees or any other kind of disputes with the company employees.

  • If there are changes in government regulations and the company is unable to meet the new requirements, it could negatively affect its business and operations.

How to Apply for Delta Autocorp Ltd IPO on INDmoney

1

Download the INDmoney app and complete your KYC to open an account.

2

Go to the INDstocks section and tap on IPO, or search for ‘IPO’.

3

Select Delta Autocorp Ltd IPO from the list of live IPOs.

4

View key details like price band, lot size, and dates, then tap ‘Apply Now’.

5

Choose the number of lots and place your order via UPI.

6

Your funds will be blocked until the share allotment is finalized.

About Delta Autocorp Ltd

We manufacture and sell 2W & 3W EVs using cutting edge components procured from reputed Original Equipment Manufacturers (OEMs) who use design & engineering specifications given by us using stateof-the-art manufacturing process. We supply specific components designed and compatible for our vehicles.

Frequently Asked Questions of Delta Autocorp Ltd IPO

What is the size of the Delta Autocorp Ltd IPO?

The size of the Delta Autocorp Ltd IPO is ₹54.6 Cr.

What is the allotment date of the Delta Autocorp Ltd IPO?

Delta Autocorp Ltd IPO allotment date is Jan 10, 2025 (tentative).

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

The Delta Autocorp Ltd IPO will open on Jan 7, 2025 and close on Jan 9, 2025

What is the lot size of Delta Autocorp Ltd IPO?

The lot size for the Delta Autocorp Ltd IPO is 1000.

When will my Delta Autocorp Ltd IPO order be placed?

Your Delta Autocorp Ltd IPO order will be placed on Jan 7, 2025

Can we invest in Delta Autocorp Ltd IPO?

Yes, once Delta Autocorp Ltd IPO opens, you can invest in the shares of the company.

What would be the listing gains on the Delta Autocorp Ltd IPO?

The potential listing gains on the Delta Autocorp Ltd IPO will depend on various market factors and cannot be predicted with certainty.

What is 'pre-apply' for Delta Autocorp Ltd IPO?

'Pre-apply' for Delta Autocorp Ltd IPO indicates your interest in the IPO before it opens for subscription. This ensures quick application when the IPO goes live.