Delta Autocorp Ipo
Objects of the Issue
Funding of Expenditure towards Setting up an Electric Three-Wheeler Fabrication Plant & Painting Plant
Investment in New Product Development
Funding of working capital requirement
General Corporate Purposes
To meet out the Offer Expenses
Delta Autocorp IPO Review
IPO Watch – May Apply
Arihant Capital Markets – Apply
Choice Equity Broking – Apply
SMIFS Limited – Apply
IPO Lead Managers aka Merchant Bankers
GYR Capital Advisors Private Limited
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1,000 | ₹1,30,000 |
| Retail Maximum | 1 | 1,000 | ₹1,30,000 |
| S-HNI Minimum | 2 | 2,000 | ₹2,60,000 |
| IPO Open Date: | January 7, 2025 |
| IPO Close Date: | January 9, 2025 |
| Basis of Allotment: | January 10, 2025 |
| Refunds: | January 13, 2025 |
| Credit to Demat Account: | January 13, 2025 |
| IPO Listing Date: | January 14, 2025 |
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2021 | ₹16.74 | ₹16.19 | ₹0.42 | ₹7.90 |
| 2022 | ₹57.53 | ₹51.89 | ₹4.20 | ₹20.34 |
| 2023 | ₹80.56 | ₹73.69 | ₹5.13 | ₹21.09 |
| KPI | Values |
| ROE: | 56.10% |
| ROCE: | 49.28% |
| EBITDA Margin: | 9.74% |
| PAT Margin: | 6.41% |
| Debt to equity ratio: | 0.36 |
| Earning Per Share (EPS): | ₹342.09 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 44.98% |
| Net Asset Value (NAV): | ₹760.56 |
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Wardwizard Innovations &Mobility Limited | 0.52 | 109.62 | 13.27% | 3.88 | 321.63 Cr. |
| IPO Open Date: | January 7, 2025 |
| IPO Close Date: | January 9, 2025 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹123 to ₹130 Per Share |
| Issue Size: | Approx ₹54.60 Crores |
| Fresh Issue: | Approx ₹50.54 Crores |
| Offer for Sale: | Approx 3,12,000 Equity Shares |
| Issue Type: | Book Built Issue |
| IPO Listing: | NSE SME |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |