Metalic Technoforge IPO
Metalic Technoforge IPO(₹50 Cr)
Overview
Metalic Technoforge IPO is a book build issue of ₹49.96 crores. The issue is entirely a fresh issue of 0.65 crore shares of ₹49.96 crore. Metalic Technoforge IPO opens for subscription on Jul 21, 2026 and closes on Jul 23, 2026. The allotment for the Metalic Technoforge IPO is expected to be finalized on Jul 24, 2026. Metalic Technoforge IPO will list on the NSE SME with a tentative listing date fixed as Jul 28, 2026. Metalic Technoforge IPO is set issue price band at ₹72 to ₹77 per share. The lot size for an application is 1,600 shares. The minimum amount of investment required by an individual investor (retail) is ₹2,46,400 (3,200 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (4,800 shares), amounting to ₹3,69,600. Smart Horizon Capital Advisors Pvt.Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Shreni Shares Ltd.
Total Shares
64,88,000
Issue Size
₹50 Cr
Price Band
₹72 – ₹77
Lot Size
1600 shares
Min. Investment
₹1,23,200
Max. Investment
₹1,23,200
Open Date
21 Jul, 2026
Close Date
23 Jul, 2026
Allotment
24 Jul, 2026
Listing
28 Jul, 2026
Max. Investment
₹1,23,200
Announced
21 Jul, 2026
Opening Date
21 Jul, 2026
Closing Date
23 Jul, 2026
Basis of Allotment
24 Jul, 2026
Initiation of Refunds
24 Jul, 2026
Credit of Shares
27 Jul, 2026
Listing Date
28 Jul, 2026
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About Metalic Technoforge IPO
Incorporated in October 2016, Metalic Technoforge Ltd. manufactures closed-die forged and precision-machined components.
The company's product portfolio includes complex, safety-critical forged and precision-machined products such as big and small rings, ball studs, gear blanks with broaching, gears, coupling assemblies, and other critical components for various industries.
The company serves domestic and global OEMs across automotive and non-automotive sectors. Automotive OEMs in
Metalic Technoforge IPO Share Price
Issue Breakdown
Shareholding
Dilution: 37.1% increase in shares
Metalic Technoforge IPO Financial Health
Metalic Technoforge Ltd.'s revenue increased by 30% and profit after tax (PAT) rose by 37% between the financial year ending with March 31, 2026 and March 31, 2025.
Metalic Technoforge IPO Lot Size
Investors can bid for a minimum of 3,200 shares and in multiples of 1,600 shares thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (IND) (Min) | 2 | 3200 | ₹2,46,400 |
| Individual investors (IND) (Max) | 2 | 3200 | ₹2,46,400 |
| S-HNI (Min) | 3 | 4800 | ₹3,69,600 |
| S-HNI (Max) | 8 | 12800 | ₹9,85,600 |
| B-HNI (Min) | 9 | 14400 | ₹11,08,800 |
(All values in CR)
Metalic Technoforge IPO Valuations
| Metric | Value |
|---|---|
| ROE | 71.87 |
| ROCE | 31.88 |
| Debt/Equity | 1.61 |
| RoNW | 51.88 |
| PAT Margin | 12.14 |
| EBITDA Margin | 21.62 |
| Price to Book Value | 7.52 |
(All values in CR)
Metalic Technoforge IPO Strength & Risk
Metalic Technoforge IPO Strength
- State-of-the-art integrated manufacturing facility with forging, heat treatment, machining, and die manufacturing capabilities.
- Diversified product portfolio serving automotive, agricultural equipment, construction machinery, hydraulic equipment, marine, and general engineering sectors.
- Strong quality assurance and quality control processes that support long-term customer relationships.
- Healthy order book with a mix of domestic and international OEM customers, providing revenue visibility.
- Experienced management team with long-standing customer relationships and growing export presence.
- Strong profitability and return ratios supported by high manufacturing capacity utilization.
Metalic Technoforge IPO Risk
- Significant revenue concentration in Gujarat, Maharashtra, and Uttar Pradesh, making the business vulnerable to regional slowdowns.
- Dependence on a limited number of key customers could impact revenue if major clients reduce orders.
- Reliance on a limited number of raw material suppliers exposes the company to supply disruptions and steel price volatility.
- Capital-intensive manufacturing business requiring continuous investment in plant, machinery, and working capital.
- Subject to environmental, safety, and other regulatory compliance requirements, with non-compliance potentially affecting operations.
Metalic Technoforge IPO GMP
Metalic Technoforge SME IPO last GMP is ₹0, last updated Jul 18th 2026 08:32 AM. With the upper price band of ₹77.00, Metalic Technoforge SME IPO's estimated listing price is ₹77 (cap price + today's GMP). The expected percentage gain/loss per share is 0.00%.
Last updated 18 Jul, 2026 · Source: aggregated grey-market dealers
| Date | IPO Price | GMP | Sub2 Sauda | Est. Listing | Est. Profit | Updated |
|---|---|---|---|---|---|---|
| 18 Jul, 2026 | 77 | ₹0 | - | ₹77 (0.00%) | - | 18 Jul, 2026 |
| 17 Jul, 2026 | 77 | ₹0 | - | ₹77 (0.00%) | - | 17 Jul, 2026 |
| 16 Jul, 2026 | 77 | ₹0 | - | ₹77 (0.00%) | - | 16 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 Metalic Technoforge IPO
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