Delta Autocorp Limited
₹123 - ₹130
1000
N/A
| Open Date: | 07-Jan-2025 |
| Close Date: | 09-Jan-2025 |
| Allotment Date: | 10-Jan-2025 |
| Listing Date: | 14-Jan-2025 |
| Listing Price: | N/A |
| Face Value: | ₹₹10 Per Equity Share Per Equity Share |
| Issue Price: | ₹₹123-130 per equity share Per Equity Share |
| Issue Size: | 42,00,000 shares(aggregating up to ₹54.60 Cr) |
| Market Lot (Min Amount): | 1000 Shares (₹130,000/-) |
| Earning Per Share(EPS) | ₹7.21/- |
| P/E Ratio | N/A |
| RoNW | 21.18% |
| Net Asset Value (NAV) - Post Issue: | ₹N/A/- |
| Total Assets | Total Revenue | Profit After Tax | |
|---|---|---|---|
| 31 Mar,2024 | 3,461.35 | 8,116.73 | 822 |
| 31 Mar,2023 | 2,110.04 | 8,055.86 | 513.41 |
| 31 Mar,2022 | 2,031.61 | 5,753.41 | 420.34 |
| Pre Issue Share Holding | 97.59% |
| Post Issue Share Holding | N/A% |
| 1. Mr. Ankit Agarwal |
| 2. Mrs. Priyanka Agarwal |
| 3.Mr. Sanwarmall Agarwalla |
- Funding of Expenditure towards Setting up an Electric Three-Wheeler Fabrication Plant & Painting Plant.
- Investment in New Product Development.
- Funding of working capital requirement.
- General Corporate Purposes.
- To meet out the Offer Expenses
Incorporated in 2016, Delta Autocorp Limited is engaged in the business of manufacturing and selling of 2-wheelers & 3-wheelers EVs.
The Company operates under the brand name "Deltic”. Initially concentrating on developing electric 3-wheelers prototypes, they marked a significant milestone in 2017 with the launch of their first E-Rickshaw, boasting an impressive mileage of over 150 Km.
After analysing market trends and changing customer preferences, the company expanded its product range to electric 2W vehicles. In 2018, prototype development began, and in 2019, the company launched affordable, durable scooters for tier-2 and tier-3 towns.
The company operates through a network of over 300 dealers across 25 states and Union Territories, focusing on B2B transactions. The goal is to become a global brand with cost-effective, practical products and excellent service.
Their Products:
- Electric 2W scooters: Deltic Drixx, Deltic Trento
- Electric 3W rickshaws: Deltic Star, Deltic Vayu
- Electric 3W loaders
- Electric 3W garbage carts
- Spare parts and accessories for 2W and 3W vehicles: 3W Controller, 3W Motor
The company focuses on in-house product innovation through its R&D department in Uttar Pradesh, with 11 employees dedicated to designing electric vehicles based on customer needs and preferences.
As of 31 October 2024, the company has 139 employees.
Competitive Strength:
- Experienced Promoters and Management Team
- Customer Centric Approach
- In house Research and Development of Products
- Cracking the distribution model
- Tapping into the mass premium segment
- Quality Standard Certifications & Quality Tests
- Diversified product range
No financial information whatsoever published anywhere, within this application, should be considered as an advise to buy or sell securities or invest in IPOs, or as guide to do so in any way whatsoever. All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions.
Also we are not a SEBi registered analyst comapny. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on information published on this application. Above information is based on information available as on date coupled with market perceptions.
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