Emmforce Autotech IPO Allotment Status
The Emmforce Autotech IPO allotment is scheduled for April 26 and is available for subscription from April April 23 to April 25, 2024, priced at ₹93 to ₹98 per share, each with a face value of ₹10. Investors could bid in lots of 1200 shares.
Emmforce Autotech IPO Allotment Status Check
To ascertain their allocation status for the Emmforce Autotech IPO, investors can easily navigate through the steps provided on either the BSE platform or the IPO registrar Link Intime India ‘s website.
IPO Allotment Status BSE
Here are steps to check Emmforce Autotech IPO allotment status on BSE website
Step 1: Visit BSE website
Step 2: Select ‘Equity’ under the Issue Type
Step 3: Choose Emmforce Autotech Limited from the drop-down menu
Step 4: Enter Application No or PAN
Step 5: Click on ‘I am not a Robot’ and then hit on ‘Submit”
Steps to check Emmforce Autotech IPO allotment status on Link Intime India website
Step 1: Visit IPO registrar website Link Intime India
Step 2: Select ‘Emmforce Autotech’ from the Select Company dropdown menu
Step 3: Choose from PAN, Application No, DP/Client ID or Account No/IFSC
Step 4: Enter the details as per the option selected
Step 5: Hit the Submit button
Your Emmforce Autotech IPO allotment status will be reflected on the screen.
Emmforce Autotech IPO GMP Today
The Emmforce Autotech IPO GMP (Grey Market Premium) is ₹110 as of 24th April.
Emmforce Autotech IPO Subscription Status
On its first day, Emmforce Autotech’s IPO was oversubscribed 19.82 times, receiving bids for 7,25,10,000 shares against 36,57,600 offered. Retail and NII portions subscribed 26.86 and 28.53 times, respectively, while QIBs reached 99% subscription.
Emmforce Autotech IPO Details
The Emmforce Autotech IPO seeks to raise ₹53.90 crore through 5,499,600 new shares, aimed at funding subsidiary EMSPL for operational needs and the company’s working capital. Beeline Capital Advisors and Link Intime India manage the IPO, with Spread X Securities as the market maker. There’s no offer-for-sale component.
