Delta Autocorp Limited IPO GMP Price Date DetailsInvesting in the stock market can feel like navigating a labyrinth. With exciting opportunities like Delta Autocorp Limited's IPO, this journey becomes even more intriguing. But what exactly is this IPO all about, and how can you benefit from it? Let’s break it down together.Introduction to Delta Autocorp Limited IPODelta Autocorp Limited is all set to launch its Initial Public Offering (IPO), and the buzz in the financial circles is palpable. Whether you're a seasoned investor or just starting, this IPO offers an intriguing opportunity. So, why is everyone talking about it? Let’s dive in and find out.Explore Delta Autocorp Limited IPO GMP, its price and date, and discover share market training pune, share market classes, and trading classes in pune for better investment strategies.What is an IPO and Why is it Important ?Imagine IPOs as the grand debut of a company in the stock market. It’s like a brand-new shop opening in your neighborhood, giving you the first chance to buy its unique products. Similarly, companies use IPOs to raise funds and offer a slice of their ownership to the public.An IPO not only helps companies grow but also allows investors like you to be part of their journey. The key to success? Understanding what you’re getting into and planning wisely.Understanding GMP (Grey Market Premium)If IPOs are the main stage, GMP is like the backstage buzz. Grey Market Premium (GMP) indicates the unofficial price investors are willing to pay for an IPO share before it gets listed. A high GMP often shows strong demand and potential listing gains. So, keeping an eye on Delta Autocorp Limited’s GMP can give you a sneak peek into market sentiments.Delta Autocorp Limited, a manufacturer of electric two-wheelers and three-wheelers under the brand name "Deltic," has launched its Initial Public Offering (IPO) with the following details:IPO Schedule:Opening Date: January 7, 2025Closing Date: January 9, 2025Allotment Date: January 10, 2025Listing Date: January 14, 2025Price and Lot Size:Price Band: ₹123 to ₹130 per equity shareLot Size: 1,000 sharesMinimum Investment: ₹1,30,000Issue Size:Total Issue Size: ₹54.60 croreFresh Issue: 38.88 lakh shares (₹50.54 crore)Offer for Sale: 3.12 lakh shares (₹4.06 crore)Grey Market Premium (GMP):As of January 7, 2025, the GMP for Delta Autocorp's IPO was approximately ₹110, indicating a potential listing price of around ₹240 per share, which is a 35% premium over the upper price band.Subscription Status:On the first day, the IPO was fully subscribed within a few hours, with a subscription rate of 3.46 times.Utilization of Funds:The proceeds from the IPO will be used for:Setting up an electric three-wheeler fabrication and painting plantInvestment in new product developmentFunding working capital requirementsGeneral corporate purposesCompany Overview:Delta Autocorp Limited, established in 2023, is engaged in the manufacturing and sale of electric two-wheelers and three-wheelers, operating under the brand name "Deltic."Financial Performance:For the period ended October 2024, the company reported total revenues of ₹45.17 crore and a net profit of ₹4.80 crore.Listing Details:The shares are proposed to be listed on the NSE SME platform on January 14, 2025.Lead Manager and Registrar:Lead Manager: GYR Capital Advisors Private LimitedRegistrar: Link Intime India Private LtdInvestor Categories:Qualified Institutional Buyers (QIBs): 18.6%Non-Institutional Investors (NIIs): 13.98%Retail Individual Investors (RIIs): 32.57%Anchor Investors: 27.86%Market Makers: 7%Investors interested in participating in the IPO should ensure they have a valid PAN card, a demat account, and a linked bank account. Applications can be made through the ASBA (Application Supported by Blocked Amount) facility via their bank or brokerage platform.For more detailed information, investors can refer to the company's Red Herring Prospectus (RHP) and consult with financial advisors before making investment decisions.How to Apply for Delta Autocorp IPO ?Applying for an IPO is simpler than you think. Here’s a quick guide:Choose a Brokerage Account: Platforms like Zerodha or Upstox make IPO applications a breeze.Check Your Eligibility: Ensure you have a valid PAN card and a linked bank account.Apply Online: Use the ASBA (Application Supported by Blocked Amount) facility via your bank or brokerage platform.Importance of Learning Stock Market BasicsInvesting without knowledge is like driving blindfolded. Learning stock market basics empowers you to make informed decisions and minimize risks. Luckily, cities like Pune offer excellent resources to get started.Top Stock Market Courses in PuneLooking for the best place to learn? Pune has a thriving educational hub for stock market enthusiasts. Courses cover topics like fundamental analysis, technical charts, and trading strategies, catering to beginners and experts alike.Best Share Market Classes in PunePrefer a classroom environment? Share market classes in Pune offer hands-on training with experienced mentors. Practical sessions and real-time market simulations make learning engaging and effective.Trading Classes in Pune: What You Should KnowTrading classes in Pune focus on day trading, swing trading, and other strategies. These courses help you understand market psychology, manage risks, and execute trades confidently.How Share Market Training in Pune Can Help You?Share market training equips you with the skills to interpret market trends, analyze stocks, and build a strong portfolio. It’s an investment in yourself that pays dividends for a lifetime.Key Takeaways for Smart InvestmentsStay Informed: Keep track of Delta Autocorp Limited IPO updates and GMP trends.Educate Yourself: Enroll in stock market courses or training programs in Pune.Diversify Investments: Don’t put all your eggs in one basket. Spread your risks wisely.ConclusionDelta Autocorp Limited’s IPO is more than just an investment opportunity; it’s a gateway to financial growth. By combining market knowledge with strategic learning, you can make the most of this and future investment opportunities.FAQsWhat is the Delta Autocorp Limited IPO GMP ?GMP refers to the premium amount investors are willing to pay in the grey market for IPO shares before listing.How can I apply for Delta Autocorp Limited IPO ?You can apply via the ASBA facility through your bank or stockbroker.Are there good stock market courses in Pune ?Yes, Pune offers a variety of courses and classes tailored for stock market enthusiasts at all levels.Why is understanding the IPO process important ?It helps investors make informed decisions and identify opportunities for profit.Can trading classes in Pune improve my skills ?Absolutely! Trading classes teach valuable strategies and risk management techniques to enhance your market performance.