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Advance Technoforge Ltd IPO

Listed SME BSE SME Fixed Price IPO
Min Investment
₹2,28,000
1200 shares · 1 lot

Advance Technoforge Ltd IPO was priced at ₹95 per share with an issue size of ₹24 crore. The IPO opened on Jul 27, 2026 and closed on Jul 29, 2026, with a lot size of 1,200 shares and a minimum investment of ₹2,28,000.

Open
27 Jul
Close
29 Jul
Allotment
30 Jul
Refund
31 Jul
Listing
03 Aug

Market Sentiment

Grey Market Premium

No GMP data recorded yet for this IPO.

GMP is an informal, unregulated grey-market figure. It is not a guaranteed listing price and can move sharply during the bidding window.

Live Subscription

All IPOs →
0.43x
Total subscription · 385 applications
NII (HNI) 0.15x
Retail 0.73x
Updated 28 Jul 2026, 2:40 PM

IPO Details

Price Band ₹95.00 per share
Lot Size1200 shares
Min Investment₹2,28,000
Total Issue Size ₹24.00 crore
Shares Offered25,29,600
Issue Structure Fresh Issue
Issue TypeFixed Price IPO
Lead Manager(s)Sun Capital Advisory Services Pvt.Ltd.
RegistrarKfin Technologies Ltd.
Listing AtBSE SME

Quick Profit Calculator

Issue price ₹95 · lot size 1200 shares · no GMP recorded, so estimated profit is nil

Category Lots Shares Investment Value at listing Profit
Retail (Min) 1 1,200 ₹1,14,000 ₹1,14,000 ₹0
S-HNI (Min) 2 2,400 ₹2,28,000 ₹2,28,000 ₹0
S-HNI (UPI limit) 4 4,800 ₹4,56,000 ₹4,56,000 ₹0
S-HNI (Max) 8 9,600 ₹9,12,000 ₹9,12,000 ₹0
B-HNI (Min) 9 10,800 ₹10,26,000 ₹10,26,000 ₹0
No grey market premium has been recorded for this IPO yet, so profit is shown as nil. The investment column still reflects what each category would need to apply. Figures update automatically once GMP data or the listing price is available.

Financial Analysis

RoNW
30.33%
Net Worth
₹8.28 Cr
MetricLatest Reported
Total Income₹26.01 Cr
Profit After Tax₹1.35 Cr
Net Worth₹8.28 Cr

Promoters & Holding

Promoters: Nilesh Shambhubhai Moliya, Pradipbhai Bhikhabhai Vora, Daxaben Nileshbhai Moliya, Kajal Alpesbhai Moliya

Promoter Holding (Pre-Issue)100%
Promoter Holding (Post-Issue)71.99%

Strengths & Risks

Strengths

  • Experienced Promoters and Senior Management
  • Integrated Manufacturing Facility with diversified product portfolio
  • Large-scale Manufacturing Capabilities
  • Long-Standing Relationship with Interested Parties

Risks & Concerns

  • Dependence on a limited number of customers
  • Fluctuations in raw material prices
  • Competition from other manufacturers
  • Regulatory changes affecting the industry
Summarised from the company's own DRHP/RHP disclosures. Informational only, not investment advice — always read the full prospectus before applying.

Company Information

Advance Technoforge Limited (ATL) is engaged in the manufacturing and supplying of forged and precision machined parts with coatings and treatments, serving industries like automotive, valves, pumps, construction, and more.

Founded2013
HeadquartersRajkot, Gujarat
IndustryManufacturing
Websitehttp://www.advancetechforge.com/

Objects of the Issue

  • Purchase and installation of machinery for manufacturing of precision machine components at the Existing Premises (Including GST)
  • Part Funding of working capital requirements
  • General Corporate purposes

Registrar & Allotment

RegistrarKfin Technologies Ltd.
Phone040-79615565
Email[email protected]

Resources & Documents

Frequently Asked Questions

11 answers about Advance Technoforge Ltd IPO — dates, pricing, allotment and listing.

Advance Technoforge Ltd IPO is a fixed price ipo of ₹24 crore. The issue was priced at ₹95 per share, with a lot size of 1,200 shares. Bidding ran from Mon, 27 Jul 2026 to Wed, 29 Jul 2026, with shares listed on BSE SME.

The price band was ₹95 per share.

One lot was 1,200 shares. Bids had to be placed in multiples of 1,200.

A retail investor needed at least ₹2,28,000 – one lot of 1,200 shares at ₹95.

Advance Technoforge Ltd IPO opened on Mon, 27 Jul 2026 and closed on Wed, 29 Jul 2026.

Allotment was finalised on Thu, 30 Jul 2026.

Advance Technoforge Ltd shares were listed on Mon, 03 Aug 2026 on BSE SME.

The company intended to use the net proceeds towards purchase and installation of machinery for manufacturing of precision machine components at the existing premises (including gst), part funding of working capital requirements and general corporate purposes.

Sun Capital Advisory Services Pvt.Ltd. is the book running lead manager. Kfin Technologies Ltd is the registrar to the issue.

Category-wise demand from retail, NII and QIB bidders is on the Advance Technoforge Ltd IPO subscription page, and on the BSE and NSE websites.

From Thu, 30 Jul 2026, check the Advance Technoforge Ltd IPO allotment status using your PAN, application number or DP ID – also available on the registrar's website.