Emmforce Autotech SME IPO Premium more than 60%
Issue Price : ₹93-98 per share
Market Lot : 1200 Shares
1 Lot Amount : ₹117600
Issue Opening Date : 23rd Apr 2024 Issue Closing Date : 25th Apr 2024
Allotment Date : 26th Apr 2024 Listing Date : 30th Apr 2024
SME IPO Issue Size : ₹53.90 Cr
Fresh Issue : ₹53.90 Cr
Total shares : 5,499,600 shares
Face Value : ₹10 Per Equity Share
IPO Listing At : BSE SME
Promoter Holding Pre IPO : 100.00%
Promoter Holding Post IPO : 73.17%
Retail (Min) 1 lot
Retail (Max) 1 lot
HNI (Min) 2 lot
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The company crafts driveline components for 4WD and racing vehicles, such as differential parts, gear shifters, axles, and forged/cast components.
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The current Grey Market Premium (GMP) is 60, but it may change before listing, affecting the expected gain of ₹158 (61.22%).
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