Delta Autocorp IPO share allotment expected soon. Here's how you can check status and GMP

After a strong response for the Delta Autocorp IPO, investors will get to know their share allotment status by today evening or tomorrow. The company, which floated a Rs 55 crore IPO to list its shares on the NSE SME platform, will be pleased with a subscription of 340 times at close.

Most of this response for Delta Autocorp IPO was led by non-institutional investors, whose category was booked over 620 times, followed by retail investors at 314 times.

There are two ways in which investors can check Delta Autocorp IPO allotment. Firstly, here's how you can do it through NSE.


Step 1: Visit the NSE Website (https://www.nseindia.com/products/dynaContent/equities/ipos/ipo_login.jsp)

Step 2: Please select the issue name, that is the company's name in the drop down.

Step 3: Enter the application number or PAN number to check the allotment status.

Further, Delta Autocorp IPO allotment can also be known through the registrar's website of Link Intime India

Step 1: Visit the Link Intime India website (https://linkintime.co.in/initial_offer/public-issues.html)

Step 2: Select Delta Autocorp IPO

Step 3: Enter the PAN details and click search to know the status

Check Delta Autocorp IPO GMP

The grey market price for Delta Autocorp shares remains robust at about Rs 116, showing 89% potential upside over the upper issue price of Rs 130.

Also Read: India's equity fundraising hits nearly Rs 4 lakh cr in 2024, driven by 3x jump in IPO proceeds

Delta Autocorp makes and sells electric two-wheelers and three-wheelers using advanced components sourced from trusted original equipment Manufacturers (OEMs).

These components are created based on the company's design and engineering requirements and are manufactured through a specialized process to ensure they are fully compatible with our vehicles.

The company operates under the brand name Deltic and its business operates through a wide network of dealers. Currently, Delta Autocorp's focus is primarily on B2B transactions, where it is working with a more than 300 strong distribution network spread across 25 states and union territories in India.