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Emmforce Autotech IPO IPO

Mainline23 Apr 202425 Apr 2024
Open
23 Apr 2024
Close
25 Apr 2024
3
Allotment
Listing
Tue, Apr 30, 2024
Price Band
₹93 to ₹98
Issue Size
54,99,600 shares (agg. up to ₹54 Cr)
Lot Size
1,200 Shares
Listing Date
Tue, Apr 30, 2024
✦ AI Insight

Live Subscription

CategorySubscription (times)
Total252.71x

Restated Financials (₹ Cr.)

Period Ended31 Oct 202331 Mar 202331 Mar 202231 Mar 2021
Assets55.9748.9552.5733.84
Total Income47.9048.7571.3851.85
Profit After Tax5.124.397.335.09
NET Worth15.0023.4521.2915.25
Reserves and Surplus0.44
Total Borrowing24.0415.3516.515.02
Amount in ₹ Crore

Peer Comparison

CompanyIssue TypeIssue SizeIssue PricePE RatioListing Day CloseListing Gain/Loss %LTP
Thaai Casting Ltd.SME₹47.20 Cr₹7725.99₹195.15+153.44%₹125.20 (+9.82%)
New Swan Multitech Ltd.SME₹33.11 Cr₹669.32₹131.67+99.50%₹44.50 (-3.78%)
ASK Automotive Ltd.Mainboard₹833.91 Cr₹28245.63₹310.10+9.96%₹485.00 (+2.47%)

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1Investment 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.10.00
2To Meet Working Capital Requirement of our Company27.00
3General Corporate Expenses12.90

About Emmforce Autotech IPO

Emmforce Autotech Limited was founded in 2012 and is a manufacturer and exporter of drivetrain parts for niche vehicles. The company's product list includes differential housings, differential locks, differential covers, 4WD locking hubs, spindles, axles and shafts, gear shifters, yokes, differential spools, differential tools, and various forged/cast differential parts mainly for 4WD and high-performance racing vehicles. Competitive strengths: Engineering excellence: in-house research, design and development and in-depth knowledge of a wide range of materials and processes One-stop solution for drivetrain parts Quality assurance and standards: Strict quality standards are followed and maintained throughout the process. Existing customer relationships: Two decades of good customer relationships contribute to the company receiving regular orders from its customers. Scalable business model: The company's business model is to make the best use of existing resources, create linkages with the development team's expertise, and achieve consistent customer satisfaction. Experienced management team The company's manufacturing facility is located in Baddi, Himachal Pradesh. As of October 31,

Contact Details

Emmforce Autotech Ltd. AddressPlot No.287, Industrial AreaPhase II Industrial EstatePanchkula, Haryana, 134113+91- 9876009999info@emmforce.comVisit Website