Delta Autocorp SME IPO Subscription Status
Delta Autocorp SME IPO closed on 9 January 2025 with an overall subscription of 342.10x based on shares applied. QIB demand came in at 178.64x, NII at 624.28x, and retail at 314.33x.
Allotment will be finalised on 10 January 2025. The stock is scheduled to list on NSE and BSE on 14 January 2025.
Issue Price
Rs 130.00
GMP Today
Rs 105.00 (+80.77%)
Overall Subscription
342.10x
Issue Size
₹54.60 Cr
Allotment Date
10 Jan 2025
Listing Date
14 Jan 2025
Delta Autocorp SME IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 130.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 10.15 Cr | Rs 1,813.71 Cr | 178.64x |
| NII | Rs 7.63 Cr | Rs 4,763.92 Cr | 624.28x |
| IND | Rs 17.78 Cr | Rs 5,590.05 Cr | 314.33x |
| Total | Rs 35.57 Cr | Rs 12,167.68 Cr | 342.10x |
Delta Autocorp SME IPO Subscription by Shares
Category-wise subscription based on shares bid. Application-wise bid counts are not available for this IPO yet.
| Category | Shares Offered | Shares Bid | Subscription |
|---|---|---|---|
| QIB | 7,81,000 | 13,95,16,000 | 178.64x |
| NII | 5,87,000 | 36,64,55,000 | 624.28x |
| IND | 13,68,000 | 43,00,04,000 | 314.33x |
| Total | 27,36,000 | 93,59,75,000 | 342.10x |
What Do These Subscription Numbers Mean?
A subscription of 342.10x by shares means the IPO received bids for 342 times the shares reserved. Allotment odds depend on application count in each category, not share volume.
Here is what each category number tells you:
QIB at 178.64x by shares: This is the strongest signal on the page. QIBs are institutional investors, mutual funds, foreign institutions, and banks. When they subscribe at 178.64x, it reflects serious institutional conviction.
NII at 624.28x by shares: NII includes high net worth individuals applying above Rs 2 lakh. Proportional allotment uses application subscription.
Retail at 314.33x by shares: Allotment is by lottery, but application-wise data is needed for accurate 1-in-X odds. Share oversubscription often overstates how hard allotment is.
Delta Autocorp SME IPO Allotment Chances
Allotment odds below use application subscription (number of bids received), not share or amount subscribed.
Retail (IND)
- •Share subscription: 314.33x (application-wise data pending).
- •Allotment odds will be updated once application subscription is synced.
Check the Delta Autocorp SME IPO Allotment Status page from 10 January 2025 for your allotment result.
Delta Autocorp SME IPO GMP After Subscription
GMP for Delta Autocorp SME stands at Rs 105.00 today, giving an estimated listing price of Rs 235.00 per share.
A subscription of 342.10x combined with a GMP of 80.77% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.
Track live GMP on the Delta Autocorp SME IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.
Delta Autocorp SME IPO Day-wise Subscription
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 7 Jan 2025 | 0.78x | 8.39x | 23.59x | 13.81x |
| Day 2 - 8 Jan 2025 | 2.71x | 39.76x | 98.49x | 58.55x |
| Day 3 - 9 Jan 2025 | 178.64x | 624.28x | 314.33x | 342.10x |
Delta Autocorp SME IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 7 January 2025 |
| IPO Close Date | 9 January 2025 |
| Allotment Date | 10 January 2025 |
| Refund Initiation | 11 January 2025 |
| Share Credit to Demat | 11 January 2025 |
| Listing Date | 14 January 2025 |
| Minimum Investment | Rs 2,60,000.00 |
| Lot Size | 1000 shares |
About Delta Autocorp SME
Delta Autocorp Limited is engaged in the business of manufacturing and selling of 2-wheelers & 3-wheelers EVs. Initially concentrating on developing electric 3-wheelers prototypes, they marked a significant milestone in 2017 with the launch of their first E-Rickshaw, boasting an impressive mileage of over 150 Km. As of 31 January 2024, the company has 141 employees.
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors
High net worth individuals applying above Rs 2 lakh. Divided into bNII (above Rs 10 lakh) and sNII (Rs 2 lakh to Rs 10 lakh). NII allotment is proportional.
IND - Individual Investors
Investors applying up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Minimum one lot per successful applicant.
Delta Autocorp SME IPO Subscription FAQs
What is Delta Autocorp SME IPO subscription status today?
Delta Autocorp SME IPO subscription closed on 9 January 2025 with overall subscription of 342.10x (by shares) as of 27 June 2026, 2:01 AM IST. QIB 178.64x, NII 624.28x, IND 314.33x.
What is the overall subscription of Delta Autocorp SME IPO?
Delta Autocorp SME IPO is subscribed 342.10x overall by shares at close on 9 January 2025. QIB 178.64x, NII 624.28x, and IND 314.33x.
What is Delta Autocorp SME IPO QIB subscription?
Delta Autocorp SME IPO QIB (Qualified Institutional Buyers) subscription is 178.64x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is Delta Autocorp SME IPO IND subscription?
Delta Autocorp SME IPO IND subscription is 314.33x by shares. Minimum retail bid is up to Rs 2 lakh per PAN.
What is Delta Autocorp SME IPO NII subscription?
Delta Autocorp SME IPO NII (Non-Institutional Investors) subscription is 624.28x by shares. NII covers bids above Rs 2 lakh.
What are allotment chances in Delta Autocorp SME IPO for retail?
Delta Autocorp SME IPO retail share subscription is 314.33x. Application-wise data is needed for accurate lottery odds.
When is Delta Autocorp SME IPO allotment date?
Delta Autocorp SME IPO allotment date is 10 January 2025. Check Delta Autocorp SME IPO Allotment Status on IPOwiz from that day using your PAN.
When does Delta Autocorp SME IPO subscription close?
Delta Autocorp SME IPO subscription closed on 9 January 2025. No new applications are accepted after the close.
What is Delta Autocorp SME IPO GMP today?
Delta Autocorp SME IPO GMP is ₹105 today (+80.77% over issue price ₹130). See live GMP on the Delta Autocorp SME IPO GMP Today page.
What is Delta Autocorp SME IPO issue price and lot size?
Delta Autocorp SME IPO issue price is ₹130 per share. Lot size is 1000 shares. Minimum investment is ₹2,60,000 per lot (minimum 2 lots for SME). Issue size: ₹54.60 Cr.
When is Delta Autocorp SME IPO listing date?
Delta Autocorp SME IPO listing date is 14 January 2025 on NSE and BSE. Allotment is on 10 January 2025.
How does subscription affect Delta Autocorp SME IPO allotment?
Allotment odds in Delta Autocorp SME IPO depend on application subscription in each category, not share volume. Retail uses lottery when oversubscribed. NII uses proportional allotment by applications. At 342.10x overall, competition is very high.
For allotment results from 10 January 2025, visit the Delta Autocorp SME IPO Allotment Status page. For listing day updates on 14 January 2025, download the IPOwiz App.
Reviewed by Dinesh Agrawal
15+ years in Indian capital markets and IPO research. Subscription data verified before publish.