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Get all details of Delta Autocorp IPO in January 2025, including GMP, date, price range, and more to help you make an informed investment decision
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Delta Autocorp IPO: GMP, Date, Price & Details The Delta Autocorp IPO is a much-anticipated event in the SME IPO category. Scheduled between 7th and 9th January 2025, the IPO is valued at ₹54.60 crore. Delta Autocorp Limited, established in 2016, focuses on manufacturing and selling 2-wheeler and 3-wheeler electric vehicles under its brand Deltic. The Delta Autocorp IPO price band is ₹123 to ₹130 per share, with an issue size of 42,00,000 shares, comprising both fresh issues and o?ers for sale. Investors can apply for a minimum lot size of 1,000 shares, amounting to ₹1,30,000 for retail participants. About Delta Autocorp Delta Autocorp specializes in a?ordable and durable electric vehicles. It started its journey with the E-Rickshaw in 2017, providing a mileage of over 150 km. Later, it expanded into electric scooters and other innovative EV products. Their popular products include: Electric 2-Wheelers: Deltic Drixx, Deltic Trento Electric 3-Wheelers: Deltic Star, Deltic Vayu Electric garbage carts and loaders With a network of 300 dealers across 25 states, Delta Autocorp is a growing name in India's EV sector. Delta Autocorp IPO GMP The Delta Autocorp IPO GMP today is ₹55 (as of 3rd January 2025). Based on the GMP, the expected listing price is approximately ₹185 per share, a potential gain for early investors. Key IPO Details IPO Opening Date: 7th January 2025 IPO Closing Date: 9th January 2025
IPO Allotment Status: 10th January 2025 Listing Date: 14th January 2025 Investors interested in the Delta Autocorp IPO Price and GMP updates can explore this opportunity in the rapidly growing EV market.