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Emmforce Autotech Limited IPO

Emmforce Autotech Limited IPO

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Listed Price: ₹ 186.20 (+90.00%)

Emmforce Autotech Limited's achieved publicly listed status following its IPO debut on 30-04-2024 at the BSE platform. The offering successfully mobilized 54,99,600 Shares, with 54,99,600 Shares allocated to corporate growth initiatives.

Investment participation occurred within the established price band of ₹93 to ₹98, starting from minimum lots of 1200 shares. The subscription window from 23-04-2024 through 25-04-2024 enabled investor participation across market segments.

Share allocation was completed on 26-04-2024, determining ownership distribution among successful applicants. The listing represents a milestone achievement, transitioning the company to regulated public market status with associated responsibilities and opportunities.

Emmforce Autotech IPO Details
Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

IPO Reservation
Emmforce Autotech IPO Key Performance Indicator
Company Financials ( In Lakhs )

Emmforce Autotech IPO About Company

Founded in 2012, Emmforce Autotech Limited is a leading manufacturer and exporter of drivetrain components, specializing in 4WD and high-performance racing vehicles. The company offers a wide range of products, including differential parts, gear shifters, and axles. With strong in-house research, design, and development capabilities, Emmforce Autotech ensures high-quality manufacturing through deep expertise in materials and production processes. Strict quality checks guarantee reliable products, while long-term client relationships drive consistent orders and market presence. Operating from its Baddi, Himachal Pradesh facility, the company is led by an experienced management team and follows a scalable business model. As of October 31, 2023, Emmforce Autotech had 128 dedicated employees, continuing its growth as a trusted name in drivetrain solutions.


Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."


Emmforce Autotech IPO Strength Factors

  1. Comprehensive Drivetrain Product Range: Emmforce Autotech provides a complete lineup of drivetrain components such as differential housings, lockers, covers, and 4WD locking hubs, offering customers a reliable one-stop solution for premium automotive parts.
  2. Scalable and Growth-Oriented Business Model: Built on strong expertise in niche automotive manufacturing, the company is well-positioned to scale operations and tap into new market opportunities as the industry evolves.
  3. Leadership with Deep Industry Experience: Guided by Mr. Ashok Mehta, who brings over three decades of automotive industry knowledge, the company benefits from strong strategic direction, market understanding, and sustained global expansion.

Emmforce Autotech IPO Risk Factors

  1. Strict Quality Compliance Risks: The company must adhere to stringent quality standards, and any failure to meet them could result in order cancellations, damaging its reputation and affecting both financial performance and operational stability.
  2. High Dependence on the Automobile Sector: Emmforce Autotech’s business is closely tied to the automotive industry, making it vulnerable to market slowdowns, reduced demand, or sector-specific challenges that could impact sales, profitability, and growth.
  3. History of Negative Cash Flows: Past instances of negative cash flow may point to potential liquidity concerns. If this pattern continues, it could hinder daily operations, limit investments, and affect long-term expansion plans.

Emmforce Autotech IPO Lead Manager(s)

  • Beeline Capital Advisors Private Limited

Emmforce Autotech IPO Promoter(s)

  1. Mr. Ashok Mehta
  2. Mrs. Neetu Mehta
  3. Mr. Azeez Mehta

Emmforce Autotech IPO Company Details

Emmforce Autotech Limited
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Emmforce Autotech IPO Registrar

Link Intime India Private Limited
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Emmforce Autotech IPO FAQs