Fri Jan 10 07:00:55 UTC 2025: ## Delta Autocorp IPO Allotment to be Announced Friday

**Mumbai, January 9, 2025** – The highly oversubscribed Delta Autocorp Initial Public Offering (IPO) will finalize its allotment on Friday, January 10, 2025. The IPO, which closed Thursday, saw an astounding 342.10 times oversubscription. Investors can check their allotment status online through the Link Intime India Private Ltd website or the National Stock Exchange (NSE) website.

Delta Autocorp, founded in 2016, manufactures and sells electric two-wheelers and three-wheelers. The company, known for its innovative designs and focus on B2B partnerships, boasts over 250 distribution networks. Its initial foray into electric three-wheelers, notably the launch of an e-rickshaw with a 150-kilometer range in 2017, paved the way for its expansion into the electric two-wheeler market in 2019.

Following the closure of the IPO, the grey market premium (GMP) reached approximately ₹117. The allotment process will be managed by the IPO registrar, and investors with queries are advised to contact them directly. The strong subscription numbers reflect significant investor interest in Delta Autocorp and the burgeoning electric vehicle market.

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