The Delta Autocorp IPO allows investors to participate conveniently through online trading platforms. To apply, log in to your trading account via a web platform or mobile app, navigate to the IPO section, and select Delta Autocorp IPO. The process involves entering bid details, selecting the lot size, and confirming payment via UPI.
For detailed step-by-step guidance, visit the official Delta Autocorp IPO page or consult your broker.
Delta Autocorp IPO Application Process
Follow these simple steps to apply for the Delta Autocorp IPO using your trading platform:
Step 1: Login to Your Trading Platform
Log in to your trading account through the website or mobile application. Ensure your login details are secure.
Step 2: Navigate to the IPO Section
Open the IPO section to find all active and upcoming IPOs listed on the platform.
Step 3: Select the Open IPO and Click Apply
Locate "Delta Autocorp IPO" from the active listings and click the 'Apply' option.
Step 4: Enter the Quantity of Shares You Wish to Apply For
Indicate the number of lots or shares you wish to apply for, ensuring it meets the minimum requirement of 1,000 shares.
Step 5: Provide Your UPI ID
Provide your UPI ID linked to an active bank account. Make sure your account has enough funds for the application.
Step 6: Confirm the Application
Check all the details, including bid price, lot size, and UPI information. Once verified, submit your application.
Step 7: Complete the Process and Wait for Allotment
Authorize the UPI mandate in your payment app to confirm the application. Afterward, monitor the allotment status on your trading platform.
How to Check Delta Autocorp IPO Allotment Status?
Checking your allotment status for the Delta Autocorp IPO is a straightforward process that can be completed through the registrar’s website, stock exchanges, or your trading platform.
Step 1: Visit the Official Website of the IPO's Registrar
Go to the website of Link Intime India Pvt. Ltd., the designated registrar for this IPO.
Step 2: Navigate to the IPO Allotment Status Page
Go to the dedicated IPO allotment status page on the registrar's official website.
Step 3: Enter Your PAN Number, Demat ID, or Application Number
Provide your PAN, Demat account details, or application reference number to access your allotment information.
Step 4: Click on 'Submit' or 'Check Status'
Click on 'Submit' or 'Check Status' to view your IPO allotment results.
Step 5: Alternative Check on Stock Exchange Websites
Visit the BSE or NSE websites and use the same details to verify your allotment status.
Step 6: Check via Bajaj Broking Website
Log in to your trading account, access the IPO section, and check the allotment status directly under the IPO Allotment Status section.
About Delta Autocorp IPO: Overview and Key Facts
Delta Autocorp Limited, established in 2016, specializes in manufacturing and selling two-wheelers and three-wheelers in the electric vehicle (EV) segment. The company operates under the "Deltic" brand and introduced its first E-Rickshaw in 2017, known for its impressive mileage of over 150 km.
The IPO comprises a fresh issue of ₹50.54 crore (38.88 lakh shares) and an offer for sale worth ₹4.06 crore (3.12 lakh shares), with a total issue size of ₹54.60 crore. The price band is set at ₹123 to ₹130 per share, with retail investors required to apply for a minimum lot size of 1,000 shares. Proceeds will fund the establishment of a fabrication and painting plant, new product development, working capital needs, and other corporate expenses.
The IPO allotment will be managed by Link Intime India Pvt. Ltd., and investors can track their Delta Autocorp IPO Allotment Status online.
The IPO will be open for subscription from January 7 to January 9, 2025, and the shares are expected to list on the NSE SME platform by January 14, 2025.