Emmforce Autotech Ltd IPO

Emmforce Autotech's IPO offers 54,99,600 lakh shares at INR 53.90 cr. Funds will be used for investment in subsidiaries, working capital, and corporate purposes.

Important Details

Date: April 23 to April 25 2024 Listing Date: April 30, 2024 Price: INR 93-98 per share Lot Size:1200 Shares Total Issue Size: INR 53.90 cr

Fundamental Analysis

Emmforce Autotech ltd Revenue rose initially but later fell, impacting current years performance. Improved profitability and equity, yet diluted EPS & RoNW declined, shows mixed performance.

Peer Comparison

Emmforce Autotech limited standalone EPS is lower than Divgi Torqtransfer Systems Ltd, showing a significant increase in its EPS from the previous period.

Objective

Emmforce Autotech Limited's main objective is to invest in subsidiary companies and fulfill working capital needs.

Risks And Challenges

Emmforce Autotech faces risks from heavy reliance on the Automobile Sector, regulatory challenges & the need for agile adaptation to tech & regulatory changes for competitiveness.

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