Delta Autocorp : Delta Autocorp shares get listed at 35% premium!Delta Autocorp : Delta Autocorp shares get listed at 35% premium!

Delta Autocorp Limited’s shares debuted on the NSE Emerge platform at Rs 175 each, representing a 34.61 percent premium over the issue price. This significant initial premium indicates strong investor confidence in the company’s potential.

Delta Autocorp Limited IPO captured immense attention, with a staggering 309.00x subscription on Day 3. This overwhelming demand highlights strong market optimism and reflects investor confidence in the company’s impressive growth.

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Delta Autocorp Limited, established in 2016, specializes in manufacturing and selling electric 2-wheelers and 3-wheelers under the “Deltic” brand. With over 300 dealers across 25 states, the company focuses on B2B sales, offering durable, affordable EVs designed for tier-2 and tier-3 towns.

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Delta Autocorp aims to establish an electric three-wheeler plant, innovate new products, fund working capital, and allocate funds for general corporate purposes to support business growth and innovation.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.