Advance Technoforge IPO

UpcomingSME

Price Band

95 – ₹95

Issue Size

24.03 Cr

Issue Dates

27 Jul 29 Jul 2026

Listing Date

3 Aug 2026

About Advance Technoforge Ltd.

Incorporated in 2013, 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. The company manufactures qualified product lines to global OEMs in automotive, oil and gas, earth moving equipment, and railway industries. Key products include Tow Hook Assembly, Retainer Plate, Cross Member, Connecting Rod, and Boden (End Cap).

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IPO Details

Price Band₹95 – ₹95
Face Value₹10
Issue Size₹24.03 Cr
Fresh Issue₹24.03 Cr
Total Shares Offered25,29,600
Listed OnBSE

Objects of the Issue

Purchase and installation of machinery for manufacturing of precision machine components at the Existing Premises (₹7.19 Cr); Part funding of working capital requirements (₹7.25 Cr); Repayment/prepayment of borrowings (₹2.40 Cr); General corporate purposes (₹3.59 Cr); Issue expenses (₹3.60 Cr).

Key Financial Metrics

EPS (Basic)

4.49

P/E Ratio

21.16x

ROE

30.33%

ROCE

22.52%

Debt / Equity

1.29

Financial Performance

Particulars (₹ Cr)31 Mar 202431 Mar 202531 Mar 2026
Revenue
EBITDA3.865.528.35
PAT1.72.74.06
Total Assets28.6539.5146.92
Net Worth6.939.5613.38
Total Borrowings11.1917.5117.29

Valuation

Market Capitalisation

Pre-IPO₹85.78 Cr
Post-IPO₹85.78 Cr

P/E Ratio

Pre-IPO15.22x
Post-IPO21.16x

Promoter Holding

Pre-IPO100%
Post-IPO71.99%

Public Holding

Pre-IPO
Post-IPO

Lot Size & Allocation

Investment by Category

CategoryLot SizeMin InvestmentMax Investment
retail_min2 × 1200₹2,28,000₹2,28,000
hni3 × 1200₹3,42,000

Reservation / Allocation

CategoryAllocationCut-off
NII (HNI)50%No
Retail50%Yes
Market Maker (JSK Securities & Services Pvt. Ltd.)5.12%No

Registrar & Lead Managers

Registrar

Kfin Technologies Ltd.

Lead Managers (1)

Sun Capital Advisory Services Pvt. Ltd.

Frequently Asked Questions

5 questions about Advance Technoforge IPO IPO

Advance Technoforge IPO is a SME IPO of 25,29,600 equity shares of face value ₹10 aggregating up to ₹24 crores. The issue is priced at ₹95 per share and the minimum order quantity is 1,200 shares. The IPO opens on Jul 27, 2026 and closes on Jul 29, 2026. Kfin Technologies Ltd. is the registrar and the shares are proposed to be listed on BSE SME.

Important Dates

Issue Opens27 Jul 2026
Issue Closes29 Jul 2026
Allotment30 Jul 2026
Refund Initiation31 Jul 2026
Demat Credit31 Jul 2026
Listing Date3 Aug 2026

Live GMP

Grey Market Premium8
GMP %8.42%
View GMP History

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