Emmforce Autotech SME IPO Details, Financials, Valuation & Peers
Get everything you need to know about the Emmforce Autotech IPO. Explore Emmforce Autotech IPO details, including IPO dates, financial statements, valuation, peer comparison, and more.
Overview
Emmforce Autotech Limited originated as a partnership firm named "M/s. Emmforce Inc." in 2012, founded by Mr. Ashok Mehta and Mrs. Neetu Mehta. It transitioned into a Public Limited Company, Emmforce Autotech Limited, in 2023. The company's operations are centered around manufacturing automotive drivetrain parts, specializing in products like Differential Housings, Lockers, Covers, 4WD Locking Hubs, and more for 4-wheel drive and performance racing vehicles. Located in Haryana and Himachal Pradesh, India, the company emphasizes innovation, quality, and competitive pricing in its offerings.
Key Points:
- Operations: Based in Haryana and Himachal Pradesh, India, with a manufacturing unit and corporate office.
- Product Range: Offers a comprehensive range of drivetrain parts, including Differential Housings, Differential Lockers, Differential Covers, 4WD Locking Hubs, Spindles, Axles & Shafts, among others.
- Integrated Solutions: Provides fully integrated engineering solutions from conceptualization to manufacturing, including prototyping, testing, and validation.
- Subsidiary Investment: Recently acquired 80% shareholding in Emmforce Mobility Solutions Pvt. Ltd. (EMSPL), expanding operations into forgings and rotary tiller blades manufacturing.
Objects of the Issue
- Investment in Subsidiary Company i.e. Emmforce Mobility Solutions Private Limited (EMSPL) in form of equity or debt for meeting the requirement of working capital and margin money for term loan of Subsidiary Company.
- To Meet Working Capital Requirement of the Company
- General Corporate Purpose
IPO Details
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | 23 Apr - 25 Apr 2024 |
| IPO Price Band | ₹ 93 - 98 per share |
| Fresh Issue | 54,99,600 Shares |
| Offer For Sale | NIL |
| Total IPO Size | Approx ₹ 53.90 crore |
| Face Value | ₹ 10 |
| Listing On | BSE |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 23 Apr 2024 |
| IPO Closing Date | 25 Apr 2024 |
| Basis Of Allotment | 26 Apr 2024 |
| Refunds | 29 Apr 2024 |
| Demat Transfer | 29 Apr 2024 |
| IPO Listing Date | 30 Apr 2024 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31st March 2021 | 31st March 2022 | 31st March 2023 | Oct 2023 |
|---|---|---|---|---|
| Total Income | 51.85 | 71.38 | 48.75 | 47.90 |
| Total Expenses | 43.60 | 60.17 | 41.98 | 40.08 |
| Net Profit/Loss | 5.09 | 7.33 | 4.39 | 5.12 |
| NPM (*) | 10.09 | 10.61 | 9.60 | 11.02 |
| Total Assets | 33.84 | 52.57 | 48.95 | 55.97 |
| Total Liabilities | 18.60 | 31.28 | 25.50 | 40.53 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Valuation
Uncover significant valuation metrics such as EPS (Earnings Per Share), ROE (Return on Equity), ROCE (Return on Capital Employed), D/E Ratio (Debt-to-Equity Ratio), Current Ratio, and EBITDA Margin. These key indicators offer insights into the company's financial standing and performance, aiding in informed investment decisions.
| Period Ended | 31st March 2021 | 31st March 2022 | 31st March 2023 | Oct 2023 |
|---|---|---|---|---|
| EPS | 3.39 | 4.88 | 2.93 | 3.41 |
| ROE (%) | 33.38 | 34.41 | 18.71 | 12.87 |
| ROCE (%) | 62.72 | 56.61 | 34.34 | NA |
| D/E Ratio | 0.33 | 0.78 | 0.65 | 1.56 |
| Current Ratio | 1.38 | 1.48 | 1.71 | 1.07 |
| EBITDA MARGIN (%) | 19.56 | 18.76 | 20.90 | 20.87 |
* Compiled from DRHP/RHP for valuation purposes.
Peer Comparison
Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.
| Name | Revenue | P/E | EPS | RoNW | NAV |
|---|---|---|---|---|---|
| Emmforce Autotech Limited | 46.0 | 33.45 | 2.93 | 18.71 | 15.63 |
| Divgi Torqtransfer Systems Ltd | 271.04 | 44.31 | 18.45 | 9.28 | 360.53 |
* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.
Subscription Data from NSE and BSE
| Investor Type | Subscribed |
|---|---|
| Qualified Institutional Buyer (QIB) | 160.58 |
| Non-Institutional Investor (NII/HNI) | 861.98 |
| Retail Individual Investor (RII) | 267.62 |
| Total | 364.37 |
* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.
IPO Registrar
MUFG Intime India Private Limited (Formerly known as Link Intime India Private Limited)
Phone: + 91 810 811 4949
Email: ipo.helpdesk@linkintime.co.in
Website: https://linkintime.co.in/
Company Promoters
- MR. ASHOK MEHTA
- MRS. NEETU MEHTA
- MR. AZEEZ MEHTA
Lead Managers
- Beeline Capital Advisors Private Limited
Company Address
Emmforce Autotech Limited
Plot No. 287, Industrial Area, Phase II Industrial Estate Panchkula- 134113,
Haryana, India
Phone: +91-9876009999
Email: info@emmforce.com
Website: www.emmforce.com
FAQs
- What is the issue size of the Emmforce Autotech SME IPO?The Emmforce Autotech SME IPO has an issue size of Approx ₹ 53.90 crore. This includes a fresh issue of 54,99,600 Shares and an offer for sale (OFS) of NIL.
- What is the price band of the Emmforce Autotech IPO?The price band for the Emmforce Autotech IPO is ₹ 93 - 98 per share.
- What are the bidding dates for the Emmforce Autotech IPO?The Emmforce Autotech IPO will open for bidding on 23 Apr 2024 and close on 25 Apr 2024.
- What is the allotment date for the Emmforce Autotech IPO?The allotment date for the Emmforce Autotech IPO is 26 Apr 2024.
- What is the listing date for the Emmforce Autotech IPO?The listing date for the Emmforce Autotech IPO is 30 Apr 2024.
- What is the Emmforce Autotech IPO grey market premium?The grey market premium (GMP) for the Emmforce Autotech IPO is currently at ₹130, with an expected listing gain of approximately 132.65%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.