Delta Autocorp IPO jan 7th GMP, Grey Market Premium, Kostak Rates Today

The Delta Autocorp IPO will be open from 7th January 2025 to 9th January 2025. We are going to discuss in this article, the Grey Market Premium (GMP), Kostak rates, and much more key information about the IPO.

Delta Autocorp IPO GMP and Important Information

Delta Autocorp is one of the prominent SME companies dealing with the production of 2-wheelers and 3-wheelers with latest electric technology. They are releasing an IPO which raises ₹54.60 crores by pricing band at ₹123 to ₹130 per share.

Key Details of Delta Autocorp IPO

Particulars	Details
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%

Delta Autocorp IPO Timeline

Event	Date
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
Listing Date	January 14, 2025

About Delta Autocorp Limited

Delta Autocorp Limited was established in 2016. Delta Autocorp is a company that designs and manufactures electric vehicles. It focused on providing advanced components of Original Equipment Manufacturers (OEMs). The company focused on electric 3-wheelers and thus laid a great foundation in the electric mobility area.

Key Attributes of Delta Autocorp

Delta Autocorp: Cutting-edge Electric Cars
Cutting-edge, Environment-friendly electric cars
Development of customized parts for autos
Market Domain:
Deals with electric 3-wheelers.