1.Company Information

Established in 2016, Delta Autocorp Limited is engaged in the production and sale of electric two-wheelers (2W) and three-wheelers (3W) under the brand Deltic.The company began by concentrating on electric three-wheelers, marking a significant achievement in 2017 with the introduction of its first E-Rickshaw, which provided an impressive range of over 150 km. In response to changing market dynamics and evolving consumer preferences, Delta branched out into electric two-wheelers. Development of prototypes started in 2018, and by 2019, the company rolled out affordable and durable scooters aimed at tier-2 and tier-3 cities. Delta operates through an extensive network of more than 300 dealers across 25 states and Union Territories, focusing primarily on B2B sales. The company's goal is to position itself as a global brand delivering cost-effective, practical products backed by outstanding service.
Product Range
1. Electric 2W Scooters:
- Deltic Drixx
- Deltic Trento
2. Electric 3W Rickshaws:
- Deltic Star
- Deltic Vayu
3. Electric 3W Loaders
4. Electric 3W Garbage Carts
5. Spare Parts & Accessories for 2W and 3W Vehicles:
- 3W Controller
- 3W Motor
Innovation and Team Delta places a strong emphasis on in-house product development through its specialized R&D department located in Uttar Pradesh. The 11-member team is dedicated to creating electric vehicles that meet customer needs and preferences. As of 31 October 2024, the company has a total workforce of 139 employees.

2. Strenghts

- Skilled Promoters and Management Group
- Focus on Customer Needs
- Internal Research and Development of Offerings
- Optimizing the Distribution Strategy
- Entering the Mass Premium Market
- Certifications for Quality Standards & Quality Assessments
- Varied Product Portfolio

2. Objects of the Issue

The objects of the Offer are:
- Funding of Expenditure towards Setting up an Electric Three-Wheeler Fabrication Plant & Painting Plant
- Investment in New Product Development
- Funding of working capital requirement
- General Corporate Purposes
- To meet out the Offer Expenses

3.Delta Autocorp Limited IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270
Email: deltaauto.smeipo@linkintime.co.in
Website: https://linkintime.co.in/Initial_Offer/public-issues.html