Emmforce Autotech IPO Subscription Status, Rate

Emmforce Autotech IPO Allotment Status Online

Emmforce Autotech IPO Subscription Status: Emmforce Autotech IPO is Open on April 23, 2024 and Close on April 25, 2024. Emmforce Autotech IPO to Raise 5,499,600 Shares (Approx ₹53.90 Cr) via IPO. The Fresh Issue of 5,499,600 Shares (Approx ₹53.90 Cr).

  • The Retail Quota is 35%
  • QIB is 50%
  • NII is 15%.

 

Emmforce Autotech IPO is an SME IPO and Listed on BSE SME. Emmforce Autotech Price Band is Fixed at ₹93 – ₹98 per ₹10 Equity Share. Emmforce Autotech IPO Lot Size is 1200 Shares.

About Emmforce Autotech:

Emmforce Autotech IPO Details Today : Emmforce Autotech Is Engaged In The Business Of Manufacturing Niche Automotive Drivetrain Parts Like Differential Housings, Differential Lockers, Differential Covers,4WD Locking Hubs, Spindles, Axles & Shafts, Gear Shifters, Yokes, Differential Spools, Differential Tools And Various Differential Forged / Cast Parts Primarily For 4-Wheel Drive And Performance Racing Vehicles. The Company Has Been Engaged In Exports Ever Since Its Inception. We Have Established Itself As A Manufacturer Of Drivetrain Parts In India And Is One Stop Shop For Quality Cost Competitive Drivetrain Parts And Providing Out-Of-The-Box Solutions To Its Customers Through Designing And Development Of Complex / Special Parts.

 

Huge Inventory Of Tooling For Forging And Machining, Jigs And Fixtures For Machining, Extra Focus On Engineering Gives  Emmforce An Edge Over The Competition To Develop New Parts In A Much Faster Time Than Competition. Our Company Help To Accelerate Performance And Improving Profitability Through Faster Product Development, Shorter Lead Time, On Time Delivery, Comprehensive Product Range And Competitive Pricing.

 

Emmforce Autotech IPO Subscription Status day-by-day-

Categories 23 Mar 24 Mar 25 Mar
QIB 1.03X 3.50X 106.04X
NII 31.60X 106.97X 640.39X
RII 29.34X 86.95X 226.87X
Total 21.73X 67.39X 280.93X

 

 

Also Read: Emmforce Autotech IPO Details Today, GMP Price, Date, Review

 

Emmforce Autotech IPO Investor Categories

  • Qualified Institutional Buyers (QIB).
  • Non- Institutional Investors (NII).
  • Retail individual Investors (RII).
  • Employee (EMP).
  • Others (Eligible Shareholders).

Who Is QIB In IPO?

QIB Stands For “Qualified Institutional Buyer” In The Context Of An IPO (Initial Public Offering). QIBs Are A Category Of Institutional Investors Who Are Considered Financially Sophisticated And Meet Certain Regulatory Criteria For Participating In Capital Markets. In The Context Of An IPO, QIBs Play A Significant Role As They Contribute To The Overall Demand For Shares And Help Determine The Success Of The Offering.

 

Who Is NII In IPO?

NII Stands For “Non-Institutional Investors” In The Context Of An IPO (Initial Public Offering). Non-Institutional Investors Are A Category Of Investors Who Participate In The IPO Alongside Institutional Investors And Retail Investors. NII Typically Includes High Net Worth Individuals (HNIs), Corporate Bodies, Trusts, And Other Entities That Are Not Classified As Institutional Investors But Have The Financial Capacity To Invest Significant Amounts In The IPO.

 

Who Is RII In IPO?

RII Stands For “Retail Individual Investor” In The Context Of An IPO (Initial Public Offering). Retail Individual Investors Are Individual Investors Who Participate In The IPO Alongside Institutional Investors And Non-Institutional Investors. RII Typically Includes Individual Investors Who Do Not Meet The Criteria To Be Classified As Institutional Investors Or Non-Institutional Investors.

 

Who Is EMP In IPO?

“EMP” In The Context Of An IPO (Initial Public Offering) Typically Stands For “Employee.” In Some IPOs, A Certain Portion Of The Shares May Be Reserved For Allocation To Employees Of The Company Going Public. These Employees Are Often Referred To As “Employee Shareholders” Or “Employee Participants” (EMP).

 

Emmforce Autotech IPO Review From MoneyMintIdea –

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