31 Mar 2022
Assets20.32
Total Income57.53
Profit After Tax4.20
NET Worth6.89
Total Borrowing7.34
At a glance
Updated 2026-09-12Delta Autocorp is a SME IPO with an issue size of ₹54.60 crore, proposed for listing on NSE SME. The issue structure includes a fresh issue of ₹46.72 crore and an offer-for-sale component of ₹4.06 crore.
Issue details
Listing atNSE SME
Issue typeBook Build Issue
Issue size₹54.60 Cr
Fresh issue₹46.72 Cr
Offer for sale₹4.06 Cr
Face value₹10
Price band₹123.00–₹130.00
Grey market
GMP page ↗Latest GMP₹105.00
GMP / upper price80.77%
Est. listing₹235.00
GMP is unofficial sentiment data, not an exchange price.
Subscription demand
Full bidding ↗NO DATAWaiting for a verified live exchange update.
Company
Use of proceeds
| Object | Amount |
|---|---|
| Funding of Expenditure towards Setting up an Electric Three-Wheeler Fabrication Plant & Painting Plant | ₹4.42 Cr |
| Investment in New Product Development | ₹21.32 Cr |
| Funding of Working Capital Requirement | ₹11.46 Cr |
| General Corporate Purposes | ₹9.35 Cr |
| Issue Expenses | ₹4.00 Cr |
| Total | ₹50.54 Cr |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Revenue45.28₹ Cr · -44.2% vs prior year
PAT4.81₹ Cr · -41.5% vs prior year
Assets47.42₹ Cr · +37.0% vs prior year
Net Worth22.70₹ Cr · -25.1% vs prior year
Borrowing11.20₹ Cr · +11.7% vs prior year
3-year financial trendRevenue / EBITDA / PAT
₹ crore31 Mar 2023
Assets21.10
Total Income80.56
Profit After Tax5.13
NET Worth11.41
Total Borrowing4.14
31 Mar 2024
Assets34.61
Total Income81.17
Profit After Tax8.22
NET Worth30.32
Reserves and Surplus17.58
Total Borrowing10.03
31 Oct 2024
Assets47.42
Total Income45.28
Profit After Tax4.81
NET Worth22.70
Reserves and Surplus11.30
Total Borrowing11.20
KPIs
| KPI | Mar 31, 2023 |
|---|---|
| ROE | 23.69% |
| ROCE | 19.32% |
| Debt / Equity | 0.49% |
| RoNW | 21.18% |
| PAT Margin | 10.64% |
| Price to Book Value | 6.53 |
Valuation & shareholding
Pre-IPO EPS7.21
Post-IPO EPS5.39
Pre-IPO P/E18.03
Post-IPO P/E24.11
Promoter holding pre97.59%
Promoter holding post72.76%
Market cap₹198.77 Cr.
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| Delta Autocorp IPO | — | 24.11 x | — | — |
| Skytech Infinite IPO | — | 18.00 x | — | — |
| Advance Technoforge IPO | — | 21.16 x | — | — |
| Susan Electricals IPO | — | 14.15 x | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| Funding of Expenditure towards Setting up an Electric Three-Wheeler Fabrication Plant & Painting Plant | ₹4.42 Cr |
| Investment in New Product Development | ₹21.32 Cr |
| Funding of Working Capital Requirement | ₹11.46 Cr |
| General Corporate Purposes | ₹9.35 Cr |
| Issue Expenses | ₹4.00 Cr |
| Total | ₹50.54 Cr |
Registrar & lead managers
Registrar
MUFG Intime India Pvt.Ltd.Lead managers
- GYR Capital Advisors Pvt.Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-12.
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