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Delta autocorp ipo gmp: Delta Autocorp IPO

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Delta Autocorp IPO , a SME IPO worth ₹50.78 Cr, was launched from January 7, 2025, to January 9, 2025, and got listed on NSE SME on January 14, 2025. The public issue of Delta Autocorp IPO (DELTIC) was offered at ₹130.00 per share and was listed at ₹175.00, delivering a listing gain of 34.62%. With a minimum lot size of 1000 shares, the IPO providing a return of ₹45000 per lot on listing. A positive GMP premium signals that the IPO is likely to be at profit while a negative GMP indicates that the IPO is likely to be at a discount. It should be noted that IPO GMP is subject to extreme volatility, so an investment decision based solely on Delta Autocorp SME IPO GMP will prove risky. The Grey Market Premium (GMP) for the Delta Autocorp IPO is currently Rs 110 . With the price band set at Rs 130 per share, the expected listing price for the IPO is Rs 240, reflecting a potential gain of around 84.62% from the issue price. The Delta Autocorp IPO price band is fixed at ₹123 to ₹130 with a market lot of 1,000 Shares. Founded in 2016, Delta Autocorp Limited is one of the growing companies in manufacturing and selling of 2-wheelers & 3-wheelers.

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