Emmforce Autotech Limited IPO Subscriptions Status Live Today
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April 23, 2024 - April 25, 2024
Closed
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Emmforce Autotech Limited IPO Details
Issue Open | 23 April 2024 |
Issue Close | 25 April 2024 |
IPO Price | ₹93 to ₹98 per equity share |
Face Value | ₹10 per equity share |
IPO Size | ₹53.90 Cr. |
Listing At | BSE, SME |
IPO Lot Size | 1200 Shares |
IPO Investor Categories
- Qualified Institutional Buyers (QIB)- Qualified Institutional Buyers (QIBs) are typically large, financially sophisticated investors, such as mutual funds, insurance companies, pension funds, and hedge funds, who are considered to have the expertise and resources to evaluate investment opportunities. QIBs must meet certain financial criteria set by the Securities and Exchange Board of India (SEBI) to participate in an IPO. They are allowed to bid for shares at a price lower than the price at which shares are offered to retail investors.
- Non-Institutional Investors (NII) - Non-Institutional Investors (NIIs), on the other hand, are typically individual investors, High Net Worth Individuals (HNIs), or corporate bodies who do not meet the financial criteria to be classified as QIBs. They are allowed to participate in an IPO at the same price as retail investors.
NII category has two subcategories:
1. sNII -
"sNII" stands for "Small Non-Institutional Investor." This
subcategory includes investors who have bid for shares worth between Rs. 2
lakhs and Rs. 10 lakhs in an IPO.
2. bNII - "bNII" stands for "Big Non-Institutional Investor." This subcategory includes investors who have bid for shares worth more than Rs. 10 lakhs in an IPO.
- Retail Individual Investors (RII) - Retail Individual Investors (RIIs) are individual investors who apply for shares worth up to Rs. 2 lakhs in an IPO to encourage retail participation in the IPO process.
- Employee (EMP)- The Employee (EMP) category in an IPO is reserved for the employees, directors, and business associates of the issuer company, and the allocation of shares to this category is determined by the issuer company and the lead manager of the IPO.
Others- A category of eligible shareholders or other investors with a reserved IPO quota.
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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