Advance Technoforge IPO
Advance Technoforge IPO
Overview
Advance Technoforge IPO is a fixed issue price of ₹24.03 crores. The issue is entirely a fresh issue of 0.25 crore shares of ₹24.03 crore. Advance Technoforge IPO opens for subscription on Jul 27, 2026 and closes on Jul 29, 2026. The allotment for the Advance Technoforge IPO is expected to be finalized on Jul 30, 2026. Advance Technoforge IPO will list on the BSE SME with a tentative listing date fixed as Aug 3, 2026. Advance Technoforge IPO is set final issue price at ₹95 per share. The lot size for an application is 1,200 shares. The minimum amount of investment required by an individual investor (retail) is ₹2,28,000 (2,400 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (3,600 shares), amounting to ₹3,42,000. Sun Capital Advisory Services Pvt.Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.
Total Shares
25,29,600
Issue Size
₹24 Cr
Price Band
₹95 – ₹95
Lot Size
1200 shares
Min. Investment
₹1,14,000
Max. Investment
₹1,14,000
Open Date
27 Jul, 2026
Close Date
29 Jul, 2026
Allotment
30 Jul, 2026
Listing
03 Aug, 2026
Max. Investment
₹1,14,000
Announced
27 Jul, 2026
Opening Date
27 Jul, 2026
Closing Date
29 Jul, 2026
Basis of Allotment
30 Jul, 2026
Initiation of Refunds
31 Jul, 2026
Credit of Shares
31 Jul, 2026
Listing Date
03 Aug, 2026
Live GMP
Est. Listing: ₹99
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About Advance Technoforge IPO
Incorporated in 2013, Advance Technoforge Limited (ATL) is engaged in the manufacturing and supplying of the forged and precision machined parts with coatings and treatments, serving industries like automotive, valves, pumps, construction, and more.
With 20+ years of experience the company manufactures the qualified product lines cto global original equipment manufacturers-OEMs in Automotive, oil and gas industries, earth moving equipment, Railway etc.
Products:</
Advance Technoforge IPO Share Price
Issue Breakdown
Shareholding
Advance Technoforge IPO Financial Health
Advance Technoforge IPO Lot Size
Investors can bid for a minimum of 2,400 shares and in multiples of 1,200 shares thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (IND) (Min) | 2 | 2400 | ₹2,28,000 |
| Individual investors (IND) (Max) | 2 | 2400 | ₹2,28,000 |
| HNI (Min) | 3 | 3600 | ₹3,42,000 |
(All values in CR)
Advance Technoforge IPO Valuations
| Metric | Value |
|---|---|
| RoNW | 30.33 |
(All values in CR)
Advance Technoforge IPO Strength & Risk
Advance Technoforge IPO Strength
- Experienced manufacturer of forged and precision-machined engineering components for domestic and global OEMs.
- Serves diversified industries including automotive, oil & gas, railways, construction equipment, hydraulics, and industrial engineering.
- Integrated manufacturing capabilities from forging and machining to coating and surface treatment support quality control and operational efficiency.
- Strong financial growth with healthy improvement in revenue and profitability over recent years.
- Long-standing customer relationships with a focus on high-quality engineered products for OEMs.
- IPO proceeds will be used for capacity expansion through new machinery and working capital, supporting future growth.
Advance Technoforge IPO Risk
- Business depends significantly on demand from engineering and automotive-related industries, making it vulnerable to sector slowdowns.
- Raw material price fluctuations may impact operating margins.
- Customer concentration risk could affect revenue if key clients reduce orders.
- Manufacturing operations are capital-intensive and require continuous investment in machinery and technology.
- Intense competition from domestic and international component manufacturers may pressure pricing and profitability.
- As an SME IPO, the stock may witness lower liquidity and higher price volatility after listing.
Advance Technoforge IPO GMP
Advance Technoforge SME IPO last GMP is ₹3.5, last updated Jul 23rd 2026 06:56 AM. With the upper price band of ₹95.00, Advance Technoforge SME IPO's estimated listing price is ₹98.5 (cap price + today's GMP). The expected percentage gain/loss per share is 3.68%. >> Advance Technoforge SME IPO Retail Subject to Sauda: ₹3200
Last updated 23 Jul, 2026 · Source: aggregated grey-market dealers
| Date | IPO Price | GMP | Sub2 Sauda | Est. Listing | Est. Profit | Updated |
|---|---|---|---|---|---|---|
| 23 Jul, 2026 | 95 | ₹3.5 | - | ₹98.5 (3.68%) | 4200 | 23 Jul, 2026 |
| 22 Jul, 2026 | 95 | ₹3.5 | - | ₹98.5 (3.68%) | 4200 | 22 Jul, 2026 |
Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.
How to Apply for Advance Technoforge IPO
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Find Advance Technoforge IPO under the IPO section. Select it and enter your bid details — choose lot size and price (cut-off price recommended).
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Provide your UPI ID linked to your bank account and submit the application.
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Application Confirmed
Your funds will be blocked in your account until the IPO allotment process is completed.