URL copied to clipboard

Trending News

Emmforce Autotech Limited IPO Allotment Status, Subscription and IPO Details

Emmforce Autotech's IPO runs from April 23-25, 2024, with shares priced at ₹93-₹98. Allotment set for April 26. Each share has a ₹10 face value, available in 1200 share lots.
Emmforce Autotech Limited IPO Allotment Status, Subscription and IPO Details
Emmforce Autotech Limited IPO Allotment Status, Subscription and IPO Details

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.

Invest in Direct Mutual Funds IPOs Bonds and Equity at ZERO COST

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”

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.

Loading
Read More News