Emmforce Autotech is engaged in the business of manufacturing niche automotive drivetrain parts like Differential Housings, Differential Lockers, Differential Covers,4WD Locking Hubs, Spindles, Axles & Shafts, Gear Shifters, Yokes, Differential Spools, Differential Tools and various differential forged/cast parts primarily for 4-wheel Drive and performance racing vehicles. The company has been engaged in exports ever since its inception. They have established itself as a manufacturer of Drivetrain Parts in India and is a stop shop for quality cost cost-effective drivetrain parts and provides out-of-the-box solutions to its customers through designing and developing complex/special parts.
A huge inventory of tooling for forging and machining, jigs and fixtures for machining, and extra focus on engineering gives Emmforce an edge over the competition to develop new parts in a much faster time than the competition. Their company helps to accelerate performance and improve profitability through faster product development, shorter lead time, on-time delivery, comprehensive product range, and competitive pricing.
They offer fully integrated engineering solutions from conceptualization, development, and validation to implementation and manufacturing of their products. The conceptualization stage involves acquiring market intelligence, assessing customer requirements, and formulating customized strategies for individual customers. The development phase includes product designing, material procurement, and processing. This is followed by the validation phase, which involves prototyping, testing, and feasibility analysis. Their in-house manufacturing and implementation competencies include forging, machining, fabrications, heat treatment, surface finish, logistics, quality and testing, design, and validation.
Objects of the Issue:
- Investment in a Subsidiary Company i.e. Emmforce Mobility Solutions Private Limited (EMSPL) in the form of equity or debt for meeting the requirement of working capital and margin money for term loan of the Subsidiary Company.
- To Meet the Working Capital Requirements of the company.
- General Corporate Purpose.
Emmforce Autotech IPO Review
- May Apply
Emmforce Autotech IPO Date & Price Band Details
| IPO Open: | April 23, 2024 |
| IPO Close: | April 25, 2024 |
| IPO Size: | Approx ₹53.90 Crores, 5,499,600 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹93 to ₹98 Per Equity Share |
| IPO Listing on: | NSE SME |
| Retail Quota: | 35% of the net offer |
| QIB Quota: | 50% of the net offer |
| NII Quota: | 15% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors in IPO: | Click Here |
Emmforce Autotech IPO Market Lot
The Emmforce Autotech IPO minimum market lot is 1200 shares with a ₹117,600 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1200 | ₹117,600 |
| Retail Maximum | 1 | 1200 | ₹117,600 |
| S-HNI Minimum | 2 | 2400 | ₹235,200 |
Emmforce Autotech IPO Dates
The Emmforce Autotech IPO date is April 23 and the IPO close date is April 25. The IPO allotment date is April 26 and the IPO might list on April 30.
| IPO Open Date: | April 23, 2024 |
| IPO Close Date: | April 25, 2024 |
| Basis of Allotment: | April 26, 2024 |
| Refunds: | April 29, 2024 |
| Credit to Demat Account: | April 29, 2024 |
| IPO Listing Date: | April 30, 2024 |
You can check IPO subscription status and IPO allotment status on their respective pages.
Emmforce Autotech IPO Form
How to apply Emmforce Autotech IPO? You can apply Emmforce Autotech IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Emmforce Autotech IPO in the Invest section. The other option you can apply Emmforce Autotech IPO via IPO forms download via the NSE website. Check out the Emmforce Autotech forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.
Emmforce Autotech Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2021 | ₹51.85 | ₹43.60 | ₹5.09 |
| 2022 | ₹71.38 | ₹60.17 | ₹7.33 |
| 2023 | ₹48.75 | ₹41.98 | ₹4.39 |
| October 2023 | ₹5.19 | ₹4.59 | ₹0.44 |
Emmforce Autotech IPO Valuation – FY2023
Check Emmforce Autotech IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹2.93 per Equity Share |
| Price/Earning P/E Ratio: | [.] |
| Return on Net Worth (RoNW): | 18.71% |
| Net Asset Value (NAV): | ₹15.63 per Equity Share |
Peer Group
- Divgi Torqtransfer Systems Ltd
Company Promoters
- Mr. Ashok Mehta
- Mrs. Neetu Mehta
- Mr. Azeez Mehta
Emmforce Autotech IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/initial_offer/public-issues.html
Emmforce Autotech IPO Allotment Status
Check Emmforce Autotech IPO allotment status on Link Intime website URL. Click Here
Emmforce Autotech IPO Lead Managers aka Merchant Bankers
- Beeline Capital Advisors Pvt Ltd
Company Address
Emmforce Autotech Limited
Plot No. 287, Industrial Area,
Phase II Industrial Estate,
Panchkula – 134113
Phone: +91- 9876009999
Email: [email protected]
Website: http://www.emmforce.com/
