ListedSMEEMMFORCE

Emmforce Autotech Limited

Emmforce Autotech Limited is a sme IPO raising ₹54 Cr at ₹93 – ₹98 a share. It listed on 30 Apr 2024 and trades at ₹177 today, +80.7% against its issue price of ₹98. It was subscribed 0.00× in total.

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₹98

Issue price

₹177

Price now

+80.7%

Since issue price

30 Apr 2024

Listed on

0.00×Subscribed (final) · all exchanges

No bids yet

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.