
Auto Components & Ancillaries · BSE
Founded in 2012, Emmforce Autotech Limited is a leading manufacturer and exporter of drivetrain components, specializing in 4WD and high-performance racing vehicles. The company offers a wide range of products, including differential parts, gear shifters, and axles. With strong in-house research, design, and development capabilities, Emmforce Autotech ensures high-quality manufacturing through deep expertise in materials and production processes. Strict quality checks guarantee reliable products, while long-term client relationships drive consistent orders and market presence. Operating from its Baddi, Himachal Pradesh facility, the company is led by an experienced management team and follows a scalable business model. As of October 31, 2023, Emmforce Autotech had 128 dedicated employees, continuing its growth as a trusted name in drivetrain solutions.
Price Band
₹93 – ₹98
Issue Size
₹53.90 Cr
Lot Size
1200 shares
GMP
+132.7%
Est. Listing
₹228
at current GMP
Subscribed
364.44x
overall
Open
23 Apr 2024
Close
25 Apr 2024
Allotment
26 Apr 2024
Refund
27 Apr 2024
Demat Credit
28 Apr 2024
Listing
30 Apr 2024
Designated Registrar: Link Intime India Private Limited
Allotment Date
26 Apr 2024
Basis finalization
Refunds Initiate
27 Apr 2024
Mandate release
Demat Credit
28 Apr 2024
Shares in demat
Listing Debut
30 Apr 2024
Trading begins
Emmforce Autotech Limited is bringing an initial public offering (IPO) in the Auto Components & Ancillaries sector with an aggregate issue size of ₹53.9 Crores. The shares are offered at a price band of ₹93 to ₹98 per equity share on BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1200 shares (approx. ₹1,17,600 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 will be managed by Link Intime India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-04-28, while un-allotted funds or UPI block mandates will be released on 2024-04-27.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.