Markets / IPO / Delta Autocorp

Delta Autocorp IPO

Updated 00:05

SME IPO on NSE Emerge · 2/3 Wheelers

Status
Listed
Price band
₹123–130
Lot size
1000 shares · ₹1,30,000
Subscribed
–

How it listed

Issue price
₹130
Listing price (open)
₹175.00 +34.62%
First-day close
₹167.25 +28.65%
Price now
₹37.00 -71.54%
Listing day14 Jan 2025
Open / high / low / close₹175.00 / ₹183.75 / ₹166.25 / ₹167.25
Shares traded on NSE17,40,000
Market value at the listing-day close₹256 cr

Closing prices since listing: 22 Oct ₹35.05, 23 Oct ₹33.00, 26 Oct ₹33.95, 27 Oct ₹36.85, 28 Oct ₹38.00, 29 Oct ₹38.00, 2 Nov ₹36.85, 3 Nov ₹38.50, 5 Nov ₹37.50, 6 Nov ₹37.00.

Delta Autocorp share price, live chart and technicals →

Key dates

Bidding opens7 Jan 2025
Bidding closes9 Jan 2025
Allotment10 Jan 2025
Refunds and shares in demat13 Jan 2025
Listing14 Jan 2025

Lot size by investor type

ApplicationLotsSharesAmount
Individual investor (minimum)11,000₹1,30,000
HNI (minimum)22,000₹2,60,000

At ₹130 a share. In SME IPOs individuals must bid for at least 1 lots.

Subscription

Investor categoryShares bid for
Institutions (QIB)13,95,16,000
HNI / NII36,67,49,000
Retail43,00,13,000
Total93,62,78,000

NSE does not publish the shares offered to each category for this issue, so times subscribed cannot be shown. NSE and BSE bids together, as of 9 Jan 2025 19:00.

Applications from individual investors

4,30,013 applications in the individual investors' category.

NSE does not publish the shares set aside for this category for SME issues, so the chance of allotment cannot be worked out exactly. Winners are picked by lottery.

Demand at each price

Top price ₹1306,670.73 lakh shares71.2%
Cut-off final price, whatever it is; mostly retail2,686.85 lakh shares28.7%
Lower prices ₹123–1295.20 lakh shares0.1%

Shares bid on NSE and BSE at each price in the band. Most bids at the top price, and little at lower prices, means buyers were keen.

Anchor investors

Anchor bid date6 Jan 2025
Anchor shares11,70,000
Raised from anchors₹15.21 cr
Lock-in ends for the first 50% (30 days)8 Feb 2025
Lock-in ends for the remaining 50% (90 days)9 Apr 2025

Anchor investors are large funds that buy the day before the IPO opens. SEBI locks in half their shares for 30 days from the allotment and the rest for 90 days; they can sell from the next trading day. Traders watch these dates because extra selling can come in.

Financials and valuation

At issue priceNow
Market value₹199 cr₹57 cr
P/E (last 12 months' profit)30.38.6
Revenue, last 12 months₹80 cr
Profit, last 12 months₹7 cr
Return on equity–
Debt to equity–

From results the company filed with NSE (latest period to 31 Mar 2026). Twelve-month figures need four quarters of results, so they fill in over the first year after listing.

Other recent IPOs: 2/3 Wheelers

CompanyListedSubscribedOn listingSince IPO
Victory Electric Vehicles International SME14 Jan–-15.98%-68.29%

IPO details

Price band₹123–130
Final issue price₹130
Lot size1000 shares
Minimum investment₹1,30,000 (1 lot)
MarketNSE Emerge (SME)
Issue type100 % Book Building
Face value₹10
Industry2/3 Wheelers
Issue size₹54.60 crore (about 42.00 lakh shares) · Fresh issue + offer for sale: fresh ₹50.54 cr, offer for sale ₹4.06 cr
ISININE0XRN01019
RegistrarLink Intime India Private Limited
Helpline: +91 810 811 4949, deltaauto.smeipo@linkintime.co.in
Lead managersGYR Capital Advisors Private Limited
ProspectusRed herring prospectus (NSE)

Check allotment status

Allotment was finalised on 10 Jan 2025. Check it on the registrar's page (Link Intime India Private Limited), NSE or BSE with your PAN or application number.

← All IPOs: open, upcoming and recently listed

From NSE's official IPO data. Expected dates follow SEBI's T+3 timetable; the exchange confirms them. Information only, not investment advice.

What is the Delta Autocorp IPO price band and lot size?

The price band is ₹123–130 per share, and one lot is 1000 shares (₹1,30,000 at the upper price).

When is the Delta Autocorp IPO allotment date?

Allotment was finalised on 10 Jan 2025, the next working day after bidding closed on 9 Jan 2025.

How many times was the Delta Autocorp IPO subscribed?

Subscription figures are not available yet.

What is the Delta Autocorp IPO listing date?

It listed on 14 Jan 2025 on NSE Emerge (SME).

When does the Delta Autocorp anchor lock-in end?

The 30-day lock-in on half of the anchor investors' shares ends on 8 Feb 2025 and the 90-day lock-in on the rest ends on 9 Apr 2025; they can sell from the next trading day.

What was the Delta Autocorp listing gain?

It opened at ₹175.00 against an issue price of ₹130, a gain of 34.62%. It is now down 71.54% from the issue price.