Emmforce Autotech Limited

Company Profile
Company Name Emmforce Autotech Limited
Open Date 23-04-2024
Close Date 25-04-2024
Exchange BSE SME
Lot Size 1200 Shares
Issue Price ₹93 to ₹98 per share
Issue Size 54,99,600 shares
Application Amount ₹1,17,600
Recommendation Risk Averse investors should wait and Risk Seekers should apply
Founded in 2012 as a partnership firm, Emmforce Autotech Limited has its registered office in Panchkula, Haryana, India. The company 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 offers fully integrated engineering solutionsfrom conceptualisation, development, and validation to implementation and manufacturing of the products. As of October 31, 2023, the company had a total of 128 employees on its payroll.
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Financial Summary in Lakhs

For the Period Ended Mar-21 Mar-22 Mar-23 Oct-23
Total Assets 3,384.40 5,257.36 4,895.39 5,597.11
Net Assets 1,524.82 2,129.09 2,344.95 1,543.72
Total Borrowings 501.70 1,651.09 1,535.43 2,404.25
Total Revenue 5,185.32 7,138.13 4,875.32 4,790.31
Profit After Tax 508.92 732.59 438.84 511.76

Tentative Timeline

Opening Date 23-04-2024
Closing Date 25-04-2024
Basis of Allotment 26-04-2024
Initiation of Refunds 29-04-2024
Credit of Shares to Demat 29-04-2024
Listing Date 30-04-2024

Objects of the Issue

Investment in a Subsidiary Company i.e. Emmforce Mobility Solutions Private Limited (EMSPL) in the form of equity or debt.
To meet the working capital requirements.
General corporate purposes.

Contact Information

Registered Office Emmforce Autotech Limited Plot No. 287, Industrial Area, Phase II Industrial Estate, Panchkula - 134113
Phone +91- 9876009999
Email info@emmforce.com
Website http://www.emmforce.com/

Registrar Details

Name Link Intime India Private Ltd
Phone +91-22-4918 6270
Email emmforce.ipo@linkintime.co.in
Website https://linkintime.co.in/initial_offer/public-issues.html

IPO Reservation

QIB Shares Offered Not more than 50.00% of the Net offer
Retail Shares Offered Not less than 35.00% of the Offer
NII (HNI) Shares Offered Not less than 15.00% of the Offer

Shareholding Pattern

Share Holding Pre Issue (Promoters) 100.00%
Share Holding Post Issue (Promoters) 73.17%

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