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Metalic Technoforge Ltd IPO

Listed SME NSE SME Bookbuilding IPO
Min Investment
₹2,46,400
1600 shares · 1 lot

Metalic Technoforge Ltd IPO was priced at ₹72–₹77 per share with an issue size of ₹50 crore. The IPO opened on Jul 21, 2026 and closed on Jul 23, 2026, with a lot size of 1,600 shares and a minimum investment of ₹2,46,400.

Open
21 Jul
Close
23 Jul
Allotment
24 Jul
Refund
27 Jul
Listing
28 Jul

Market Sentiment

Grey Market Premium

Full history →
+₹1.00 +1.3%
Est. listing: ₹78
Updated 23 Jul 2026
GMP is an informal, unregulated grey-market figure. It is not a guaranteed listing price and can move sharply during the bidding window.

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IPO Details

Price Band ₹72.00 - ₹77.00 per share
Lot Size1600 shares
Min Investment₹2,46,400
Total Issue Size ₹50.00 crore
Shares Offered64,88,000
Issue Structure Fresh Issue
Issue TypeBookbuilding IPO
Lead Manager(s)Smart Horizon Capital Advisors Pvt.Ltd.
RegistrarBigshare Services Pvt.Ltd.
Listing AtNSE SME

Quick Profit Calculator

Issue price ₹77 · lot size 1600 shares · estimated listing price ₹78 (GMP +₹1)

Category Lots Shares Investment Value at listing Profit
Retail (Min) 1 1,600 ₹1,23,200 ₹1,24,800 +₹1,600
S-HNI (Min) 2 3,200 ₹2,46,400 ₹2,49,600 +₹3,200
S-HNI (UPI limit) 4 6,400 ₹4,92,800 ₹4,99,200 +₹6,400
S-HNI (Max) 8 12,800 ₹9,85,600 ₹9,98,400 +₹12,800
B-HNI (Min) 9 14,400 ₹11,08,800 ₹11,23,200 +₹14,400
Estimated from the grey market premium, an informal and unregulated figure that moves sharply and frequently differs from the eventual listing price. Not a forecast. Assumes full allotment, which is rarely guaranteed when an issue is oversubscribed.

Financial Analysis

RoNW
51.88%
RoCE
31.88%
Net Worth
₹26.33 Cr
MetricLatest Reported
Total Income₹43.22 Cr
Profit After Tax₹5.28 Cr
Net Worth₹26.33 Cr

Promoters & Holding

Promoters: Gajipara Keyur Dhirajlal

Promoter Holding (Pre-Issue)83.63%
Promoter Holding (Post-Issue)61.00%

Strengths & Risks

Strengths

  • Strong order book of approximately ₹ 2,447.06 lakhs as of March 01, 2026.
  • Diverse product portfolio catering to both automotive and non-automotive sectors.
  • Established manufacturing unit located in Rajkot, Gujarat.

Risks & Concerns

  • Dependence on a limited number of customers for a significant portion of revenue.
  • Fluctuations in raw material prices may impact profitability.
  • Competition from other manufacturers in 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

Metalic Technoforge Ltd. manufactures closed-die forged and precision-machined components for various industries.

Founded2016-10-01
HeadquartersRajkot, Gujarat
IndustryIndustrial Products
Websitehttps://www.metalictechnoforge/

Objects of the Issue

  • Funding of capital expenditure requirements of the Company towards setting up of the proposed Manufacturing Unit IV and upgradation of existing units at manufacturing facility in Rajkot, Gujarat
  • Full or part repayment and/or prepayment of certain outstanding secured borrowings availed by the Company.
  • General Corporate Purpose

Registrar & Allotment

RegistrarBigshare Services Pvt.Ltd.
Phone8657578989
Email[email protected]

Resources & Documents

Frequently Asked Questions

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

Metalic Technoforge Ltd IPO is a bookbuilding ipo of ₹50 crore. The issue was priced at ₹72–₹77 per share, with a lot size of 1,600 shares. Bidding ran from Tue, 21 Jul 2026 to Thu, 23 Jul 2026, with shares listed on NSE SME.

The price band was ₹72–₹77 per share.

One lot was 1,600 shares. Bids had to be placed in multiples of 1,600.

A retail investor needed at least ₹2,46,400 – one lot of 1,600 shares at ₹77, the upper end of the price band.

Metalic Technoforge Ltd IPO opened on Tue, 21 Jul 2026 and closed on Thu, 23 Jul 2026.

Allotment was finalised on Fri, 24 Jul 2026.

Metalic Technoforge Ltd shares were listed on Tue, 28 Jul 2026 on NSE SME.

The company intended to use the net proceeds towards funding of capital expenditure requirements of the company towards setting up of the proposed manufacturing unit iv and upgradation of existing units at manufacturing facility in rajkot, gujarat, full or part repayment and/or prepayment of certain outstanding secured borrowings availed by the company and general corporate purpose.

Smart Horizon Capital Advisors Pvt.Ltd. is the book running lead manager. Bigshare Services Pvt.Ltd is the registrar to the issue.

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

From Fri, 24 Jul 2026, check the Metalic Technoforge Ltd IPO allotment status using your PAN, application number or DP ID – also available on the registrar's website.