Delta Autocorp Ltd

Issue
Opens On Closes On
07-Jan-25 09-Jan-25
Money Payable On
Application Allotment
130.00 0.00

Minimum Application for shares in Nos : 1000 Further Multiples of : 1000

Lead Managers to the Issue
Project Cost (₹.Cr) 0.00 GYR Capital Advisors Pvt Ltd
Project Financed through Current Offer (₹.Cr) 54.60  
Post Issue Equity Share Capital (₹.Cr) 15.29
Issue Price (₹) 130.00
Projects

Funding of expenditure towards setting up an Electric Three-Wheeler Fabrication Plant & Painting Plant

Investment in New Product Development

Funding of working capital requirements

General corporate purposes

Promoted By
Ankit Agarwal
Priyanka Agarwal
Sanwarmallagarwalla
Listing At
NSE - SME
Registrar to the Issue

MUFG Intime India Pvt Ltd

  • Registered Office: Plot No.304 Pithakiarypost,Rupnarayanpur, Bardhaman - 713386, West Bengal, India. Phone : +91 84482 23541   Fax:
  • Email : compliance@deltic.co
  • Website :www.deltic.co
Initial public offer of up to 42,00,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of Delta Autocorp Limited (the "Company" or "Deltic" or "Issuer") at an offer price of Rs. 130.00 per equity share (including a share premium of Rs. 120.00 per equity share) for cash, aggregating up to Rs. 54.60 crores ("Public Offer") comprising a fresh issue of up to 38,88,000 equity shares aggregating to Rs. 50.54 crores (the "Fresh Issue") and an offer for sale of upto 3,12,000 equity shares by Ankit Agarwal ("The Selling Shareholder") aggregating up to 3,12,000 equity shares by the selling shareholder ("Offer for Sale") aggregating to Rs. 4.05 crores out of which 2,94,000 equity shares of face value of Rs. 10/- each, at an offer price of Rs. 130.00 per equity share for cash, aggregating Rs. 3.82 crores will be reserved for subscription by the market maker to the offer (the "Market Maker Reservation Portion"). The public offer less market maker reservation portion i.e. offer of 39,06,000 equity shares of face value of Rs. 10/- each, at an offer price of Rs. 10/- per equity share for cash, aggregating up to Rs. 50.77 crores is hereinafter referred to as the "Net Offer". The public offer and net offer will constitute 27.47 % and 25.55 % respectively of the post- offer paid-up equity share capital of the company. Issue Price Rs.130 per equity share of face value of Rs.10 each. The Issue Price is 13.0 times of the face value of the equity shares. Bid can be made for a minimum of 1000 equity shares and in multiples of 1000 equity shares thereafter.

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