Delta Autocorp Limited
ListedSMEConsumer Discretionary / Automotive · NSE
Delta Autocorp Limited, established in 2016, is a company that makes and sells electric 2-wheelers and 3-wheelers, meeting the growing demand for EVs in India. Starting with electric 3-wheelers, the company launched its first E-Rickshaw in 2017, offering an impressive range of over 150 km. In 2019, Delta expanded to electric 2-wheelers, introducing affordable and durable scooters designed for smaller cities and towns. With a strong network of 250+ dealers across 24 states and Union Territories, the company focuses on providing cost-effective and reliable products for businesses. As of January 31, 2024, Delta Autocorp has 141 employees and is working towards becoming a global leader in the EV industry.
Price Band
₹123 – ₹130
Issue Size
₹54.60 Cr
Lot Size
1000 shares
GMP
₹105
+80.8%
Est. Listing
₹235
at current GMP
Subscribed
309.00x
overall
Open
7 Jan 2025
Close
9 Jan 2025
Allotment
10 Jan 2025
Refund
11 Jan 2025
Demat Credit
12 Jan 2025
Listing
14 Jan 2025
Last updated 12 days ago
Overall Subscription
309.00x
Total Demand
QIB Multiplier
178.64x
Institutions & Funds
NII / HNI
624.79x
High Net-Worth
Retail (RII)
314.34x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 781,000 | 139,516,000 | 178.64x |
| NIB | 587,000 | 366,749,000 | 624.79x |
| RETAIL | 1,368,000 | 430,013,000 | 314.34x |
| Total | 2,736,000 | 936,278,000 | 309.00x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| QIB | — | 112 | 0.00x |
| NIB | — | 28,501 | 0.00x |
| RETAIL | — | 430,013 | 0.00x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
About Delta Autocorp Limited Public Issue & Market Profile
Delta Autocorp Limited is bringing an initial public offering (IPO) in the Consumer Discretionary / Automotive sector with an aggregate issue size of ₹54.6 Crores. The shares are offered at a price band of ₹123 to ₹130 per equity share on NSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Bidding & Quota Instructions:
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1000 shares (approx. ₹1,30,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment Reconciliation Schedule:
Allotment reconciliation will be managed by Link Intime India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2025-01-12, while un-allotted funds or UPI block mandates will be released on 2025-01-11.
Frequently Asked Questions
What is Delta Autocorp Limited IPO GMP today?
The latest Grey Market Premium (GMP) for Delta Autocorp Limited IPO is ₹105 per equity share. Based on the upper price band of ₹123 to ₹130 per equity share, the estimated listing price is ₹235 (+80.8% expected listing gain).
What is the expected profit per lot for Delta Autocorp Limited IPO?
With a lot size of 1000 shares and current GMP of ₹105, the expected profit per application lot is approx ₹1,05,000 (+80.8% gain). Minimum application cost is approx ₹1,30,000.
What is the issue size and price band for Delta Autocorp Limited IPO?
The Delta Autocorp Limited IPO aggregate issue size is ₹54.6 Crores with an equity price band set at ₹123 to ₹130 per equity share. The retail lot size is 1000 shares requiring a minimum capital outlay of approx. ₹1,30,000.
How can I check Delta Autocorp Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 309.00x (Retail: 314.34x, QIB: 178.64x, NII: 624.79x). You can track live multiples directly on our dedicated subscription page.
Where and when will Delta Autocorp Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2025-01-10. Investors can verify status using PAN card or application number.
When is the listing date for Delta Autocorp Limited IPO?
Delta Autocorp Limited shares are scheduled to list on NSE on 2025-01-14.