IPO IPO-Synopsis
Emmforce Autotech Ltd

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Registered Office: Plot # 287 Industrial Area,Phase II Industrial Estate , Panchkula - 134113 , Haryana , India.
Phone : +91 98760 09999   Fax:
Email :  info@emmforce.com  
Website :  www.emmforce.com
Initial public issue of 54,99,600 equity shares of Rs10/- each ("Equity Shares") of Emmforce Autotech Limited ("EAL" or the "Company" or the "Issuer") for cash at a price of Rs98/- per equity share including a share premium of Rs88/- per equity share (the "Issue Price"), aggregating to Rs53.90 crores ("The Issue"), of which upto 2,76,000 equity shares of Rs10/- each for cash at a price of Rs98/- per equity share including a share premium of Rs88/- per equity share aggregating to Rs2.70 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. issue of upto 52,23,600 equity shares of Rs10/- each including a share premium of Rs98/- per equity share aggregating to Rs51.19 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 26.83% and 25.48%, respectively of the post issue paid up equity share capital of the company.

Issue Money Payable On
Opens On Closes On Application Allotment
23-Apr-24 25-Apr-24 Rs98.00-0.00 Rs0.00-0.00
Minimum Application for shares in Nos :1200  Further Multiples of :1200

  Rs Cr Lead Managers to the Issue
Project Cost 49.90
Beeline Capital Advisors Pvt Ltd
Project Financed through Current Offer 53.90  
Post Issue Equity Share Capital 20.50  
Issue Price Rs98.00  
Projects
Investment in subsidiary company i.e. Emmforce Mobility Solutions Pvt Ltd in form of equity or debt for meeting the requirement of working capital and margin money for term loan of subsidiary companyGeneral corporate purposes
To meet working capital requirement of the company
Promoted By
Ashok Mehta
Neetu Mehta
Azeez Mehta
Listing At
BSE - SME 
Registrar to the Issue
Link Intime India Pvt Ltd