| IPO Listing At | BSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹53.90 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹53.90 Cr |
| Fresh Issue | ₹51.19 Cr |
| Face Value | โน10 Per Equity Share |
| Price Band | โน93.00-98.00 per share |
| Discount | Retail: 0.00 |
| BSE Code | 544166 |
| Registrar | MUFG Intime India Pvt.Ltd. |
| Lead Managers | Beeline Capital Advisors Pvt.Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 1,200 shares and in multiples thereof
Emmforce Autotech Limited was founded in 2012 and is a manufacturer and exporter of drivetrain parts for niche vehicles.
The company's product list includes differential housings, differential locks, differential covers, 4WD locking hubs, spindles, axles and shafts, gear shifters, yokes, differential spools, differential tools, and various forged/cast differential parts mainly for 4WD and high-performance racing vehicles.
Competitive strengths:
The company's manufacturing facility is located in Baddi, Himachal Pradesh.
As of October 31, 2023, the company employed 128 people.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Investment in Subsidiary Company i.e. Emmforce Mobility Solutions Private Limited (EMSPL) in form of equity or debt for meeting the requirement of working capital and margin money for term loan of Subsidiary Company. | 10.00 |
| 2 | To Meet Working Capital Requirement of our Company | 27.00 |
| 3 | General Corporate Expenses | 12.90 |
| Period Ended | 31 Oct 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 55.97 | 48.95 | 52.57 | 33.84 |
| Total Income | 47.90 | 48.75 | 71.38 | 51.85 |
| Profit After Tax | 5.12 | 4.39 | 7.33 | 5.09 |
| NET Worth | 15.00 | 23.45 | 21.29 | 15.25 |
| Reserves and Surplus | 0.44 | |||
| Total Borrowing | 24.04 | 15.35 | 16.51 | 5.02 |
| Amount in ₹ Crore | ||||
| KPI | Oct 31, 2023 |
|---|---|
| RoNW | 2.83% |
| PAT Margin | 8.42% |
| Price to Book Value | 9.52 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 2.93 | 4.28 |
| P/E (x) | 33.5 | 22.9 |
| Promoter Holding | 100.00% | 73.17% |
| Market Cap | โน200.90 Cr. | |