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Emmforce Autotech Limited IPO Date, Price, Review and Details

 

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Emmforce Autotech Limited IPO

April 23, 2024 - April 25, 2024 Closed
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Emmforce Autotech Limited IPO  

Emmforce Autotech Limited Engaged inompany specializes in crafting unique automotive drivetrain components for off-road and performance vehicles. From differential housings to gear shifters, they export a wide range of parts worldwide. They provide complete engineering solutions, from idea to production. This includes understanding customer needs, designing products, and sourcing materials. Their goal is to deliver tailored strategies and quality manufacturing for each client.

Company Promoters:

  •     Mr. Ashok Mehta
  •           Mrs. Neetu Mehta  
  •        Mr. Azeez Mehta 

Objects of this Issue:

  •  Investment in Subsidiary Company i.e. Emmforce Mobility Solutions Private Limited (EMSPL) in form of equity or debt for meeting the requirement of working capital and margin money for term loan of Subsidiary Company.
  • To Meet Working Capital Requirement of their Company.
  • General Corporate Purpose

Financial Information of the Company:

 Particular

Amount in Lakhs (Rs.)

As on 31 March 2023

As on 30 March 2022

As on 31 Mar 2021

Total Assets

4895.40

5257.36

3384.41

Total Liabilities

2,550.45

3,128.27

1,859.59

Net Profit

438.85

732.58

508.91

Emmforce Autotech Limited IPO Schedule

1.     Bid or Offer Opens on: 23 April 2024
2.     Bid or Offer Closes on: 25 April 2024
3.     Finalization of BoA: 26 April 2024
4.     Initiation of Refunds: 29 April 2024
5.     Credit of shares to Demat account: 29 April 2024
6.     Listing Date: 30 April 2024

Emmforce Autotech Limited IPO Lot Size

The market lot size of Emmforce Autotech Limited IPO is 2,400 shares. The minimum and maximum order quantity is as follows:

Application

Lots

Shares

Amount

Minimum

1

  1200

₹117,000

Maximum

1

  1200

₹117,000

S-HNI(Minimum)

2

  2400

₹235,200

Company Contact Details:

Plot No. 287, Industrial Area, Phase

II Industrial Estate, Panchkula[1]134113, Haryana, Indi

Phone: +91- 9876009999

Email: info@emmforce.com

Website: www.emmforce.com

 

Emmforce Autotech Limited IPO Registrar Details:

LINK INTIME INDIA PRIVATE LIMITED

C 101, 247 Park, L.B.S. Marg,

Vikhroli (West), Mumbai- 400083, Maharashtra, India

Telephone: +91-8108114949

Email:  emmforce.ipo@linkintime.co.in

Website:  www.linkintime.co.in

Frequently Asked Question

Pre-issue shareholding of the Emmforce Autotech Limited IPO promoter is 100.00%.
Minimum and maximum order quantity is 1 lot only.
Closing date of Emmforce Autotech Limited IPO is April 25, 2024.
IPO application is an online process by using UPI or ASBA as a payment method. ASBA IPO application is already available in the net banking of your respective bank account and the UPI application is offered by your Stockbroker, you can invest in SVS Limited IPO using any neatest method at your convenience.
After an IPO, the company's shares begin trading on a stock exchange, where their prices are determined by supply and demand. The company becomes subject to public scrutiny and must adhere to regulatory requirements for financial reporting and disclosure.
You will receive on varyaa creations private limited shares in your Demat account on April 26, 2024, if allotted.
Post-issue shareholding of the Emmforce Autotech Limited IPO promoter is 73.17%.
While IPOs can offer substantial returns, they also carry risks. Investors should carefully evaluate each IPO opportunity based on factors such as the company's fundamentals, industry outlook, and market conditions before making investment decisions.
If you do not get the allotment of on Emmforce Autotech Limited IPO, your IPO application amount will be released or credited back to your bank account via which you applied for this IPO.
The meaning of " Emmforce Autotech Limited IPO " is the Grey Market Premium (GMP) for the initial public offering (IPO) of Emmforce Autotech Limited IPO on the current day.
Lot size of the Emmforce Autotech Limited IPO is 1200 shares.
Opening date of Emmforce Autotech Limited IPO is April 23, 2024.
Emmforce Autotech Limited IPO shares will get listed on April 30, 2024.
In an IPO, the company hires an investment bank or banks to underwrite the offering. The underwriters help determine the offering price and quantity of shares to be sold. The company then files registration documents with regulatory bodies, such as the SEC in the U.S. Once approved, the company conducts a roadshow to market the offering to potential investors. On the IPO date, shares are made available for public trading on a stock exchange.
Emmforce Autotech Limited IPO share price ₹93 to ₹98 per share.
Emmforce Autotech Limited IPO share price Shares will be listed at BSE SME.
Investing in an IPO carries risks, including the potential for the stock price to decline shortly after the offering due to market fluctuations or company performance. Additionally, IPOs of relatively unknown companies may lack historical financial data, making it harder to assess their potential.
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