ListedSMEEMMFORCE

Emmforce Autotech Limited

Emmforce Autotech Limited is an SME IPO raising ₹54 Cr at ₹93 – ₹98 a share. It listed on 30 Apr 2024 and trades at ₹178 today, +81.1% against its issue price of ₹98. The exchanges never published a subscription figure for it.

Get alerts on this company Company page Prospectus ↗

₹98

Issue price

₹178

Price now

+81.1%

Since issue price

30 Apr 2024

Listed on

Not publishedSubscription

The exchanges never published a subscription figure for this issue.

populated partly populated we hold nothing here — the tab says why

Terms of the issue

The mechanics of what is being sold. Held for every issue we track.

Price band₹93 – ₹98

Cut-off price₹98

Issue size₹54 Cr

Shares per lot1200

Minimum application₹1,17,600

Minimum quantity1200

Face value₹10

Listing exchanges—

ISININE0SDC01012

Bidding hours10:00 – 17:00 IST

Bidding window23 Apr 2024 – 25 Apr 2024

SME

What being an SME issue means here. SME issues list on NSE Emerge or BSE SME. They disclose less than mainboard issues, trade far more thinly, and — by regulation — the minimum application is a full lot worth roughly ₹1–1.5 lakh rather than about ₹15,000. That is why the minimum above is so much larger than for a mainboard issue.

Not here yet

Valuation against the issuer's named peers, what the fresh money funds, and the anchor-investor allocation come from reading the prospectus, which we do for current and upcoming issues — historical issues will not gain them.