1. IPO
Delta Autocorp IPO

205.80x

subscribed

Delta Autocorp IPO

Automobile Two & Three Wheelers
listed
₹1.23LMin. investment
  1. Pre-apply
    6 Jan
  2. Bid start
    7 Jan
  3. Bid end
    9 Jan
  4. Allotment
    10 Jan
  5. Release of funds
    13 Jan
  6. Demat transfer
    13 Jan
  7. Listing
    14 Jan

Delta Autocorp Limited IPO Details

SectorAutomobile Two & Three Wheelers
Price range₹123 – ₹130
IPO type
SME
Lot size1000 shares
Issue size₹54Cr
Red Herring Prospectus
Read
Market Cap
₹3,992.27CrLower than sector avg
RevenueApr 2023 - Mar 2024
₹63.07CrLower than sector avg
Growth rate3Y CAGR
3.35%Higher than sector avg

Checklist

Quality analysis
Revenue growth
Company valuation
Earnings expansion
Risk analysis
Debt to Equity ratio
Promoter holdings
Shares pledged
The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

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Revenue
Higher revenue means strong sales and good market demand
This IPO
₹63.07Cr
This sector
₹10,445.29Cr
Compare with companies
3Y growth
Strong 3-year growth shows consistent progress and potential
This IPO
3.35%
This sector
0.24%
Compare with companies
PAT
Higher PAT means strong profitability and efficient cost management
This IPO
₹6.95Cr
This sector
₹1,208.89Cr
Compare with companies
Market cap
Higher market cap means strong confidence but may suggest overvaluation
This IPO
₹3,992.27Cr
This sector
₹64,285.76Cr
Compare with companies
D/E ratio
Lower ratio usually means fewer liabilities
This IPO
0.30
This sector
0.75
Compare with companies

Objectives

New product development
42.18%
Working capital
22.67%
Business expansion
8.72%
General corporate purposes
Not assigned

About Delta Autocorp Limited

Delta Autocorp Limited, operating as "Deltic," manufactures electric 2W and 3W vehicles, including e-rickshaws and electric scooters. Founded in 2016, Deltic launched its first e-rickshaw in 2017, focusing on affordability, durability, and innovation. The company designs vehicles suitable for Indian roads, with high ground clearance and comfort. Deltic is transitioning to Lithium Ferro Phosphate (LFP) batteries for enhanced efficiency. With a strong B2B network of 300+ dealers across India, Deltic aims to become a global leader in electric mobility.

Delta Autocorp IPO Subscription Status

Date
QIB
NII
Retail
Total
07-Jan-25
0.78 times (X)
0.0 times (X)
22.71 times (X)
11.57 times (X)
08-Jan-25
2.71X
0.0X
97.72X
49.63X
09-Jan-25
178.64X
0.0X
309.62X
205.8X

Frequently asked questions

How to invest in the Delta Autocorp IPO ?

Investors can apply for the Delta Autocorp IPO through their Demat account via the stock exchange or through their broker.

What is the issue size of Delta Autocorp IPO ?

The issue size of the Delta Autocorp IPO is 54 Cr.

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

Pre-applying for an IPO allows you to submit your application before the official subscription period begins.

Which exchanges will Delta Autocorp IPO shares list on?

The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.