
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
Overall Subscription
364.44x
Total Demand
QIB Multiplier
160.58x
Institutions & Funds
NII / HNI
862.33x
High Net-Worth
Retail (RII)
267.62x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 1,045,200 | 167,838,000 | 160.58x |
| NIB | 783,600 | 675,724,800 | 862.33x |
| RETAIL | 1,828,800 | 489,423,600 | 267.62x |
| Total | 3,657,600 | 1,332,986,400 | 364.44x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 1,604 | 429,262 | 267.62x |
| HNIs (10L +) | 10 | 8,623 | 862.33x |
| HNIs (2-10L) | 49 | 42,254 | 862.33x |
| Total Applications | 1,663 | 480,139 | 288.72x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
The latest Grey Market Premium (GMP) for Emmforce Autotech Limited IPO is ₹130 per equity share. Based on the upper price band of ₹93 to ₹98 per equity share, the estimated listing price is ₹228 (+132.7% expected listing gain).
With a lot size of 1200 shares and current GMP of ₹130, the expected profit per application lot is approx ₹1,56,000 (+132.7% gain). Minimum application cost is approx ₹1,17,600.
The Emmforce Autotech Limited IPO aggregate issue size is ₹53.9 Crores with an equity price band set at ₹93 to ₹98 per equity share. The retail lot size is 1200 shares requiring a minimum capital outlay of approx. ₹1,17,600.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 364.44x (Retail: 267.62x, QIB: 160.58x, NII: 862.33x). You can track live multiples directly on our dedicated subscription page.
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 2024-04-26. Investors can verify status using PAN card or application number.
Emmforce Autotech Limited shares are scheduled to list on BSE on 2024-04-30.