₹93 to ₹98 apiece of face value of ₹10 each. The IPO's lot size comprises of 1,200 shares, where investors could place bids for a minimum limit of 1,200 equity shares.
The IPO has allocated a minimum of 50% of the net issue to Qualified Institutional Buyers (QIBs), 35% of the net issue to retail individual bids, and 15% of the net issue to non-institutional bidders. With the sale of 15.66 lakh equity shares at a price of ₹98 apiece, Emmforce Autotech IPO raised ₹15.34 crore from its anchor investors.
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