Advance Technoforge IPO is a book build issue of 25,29,600 shares (₹24.03 crore). The issue is a combination of a fresh issue of 25,29,600 shares (₹24.03 crore).
The Advance Technoforge IPO will open on July 27, 2026, and close on July 29, 2026. The price band for the IPO is fixed at ₹95 per share. The minimum application size is 2 lot (2,400 shares), requiring a retail investor to invest at least ₹2,28,000.
Advance Technoforge IPO Details
| Open Date | July 27, 2026 |
| Close Date | July 29, 2026 |
| Issue Type | Fixed Price Issue |
| Face Value | ₹10.00 Equity Share |
| Price Band | ₹95 Per Share |
| Listing On | BSE, SME |
| Issue Size | ₹24.03 Cr. (25,29,600 Shares) |
| Fresh Issue | ₹24.03 Cr. (25,29,600 Shares) |
| Offer For Sale | Not Applicable |
| Prospectus | Final Prospectus |
Advance Technoforge IPO Reservation
A total of 39,84,000 shares are on offer in the Advance Technoforge IPO, of which 12,64,800 shares have been allotted to NIIs and 12,64,800 shares to RIIs.
| Category | Reservation | Shares Offered |
|---|---|---|
| NII | 50.00% | 12,64,800 |
| RII | 50.00% | 12,64,800 |
| Total | 100.00% | 25,29,600 |
Advance Technoforge IPO Market Lot
Retail investors can apply for the Advance Technoforge IPO with a minimum & maximum of 2 lot of 2,400 shares for an application amount of ₹2,28,000.
| Application | Lot | Shares | Amount |
| Retail Minimum & Maximum | 2 | 2,400 | ₹2,28,000 |
| S-HNI Minimum | 3 | 3,600 | ₹3,42,000 |
Key Performance Indicator
| KPI [March 31, 2026] | Value |
| Market Capitalisation | ₹85.78 Cr. |
| P/E Ratio | 15.22x |
| EPS | ₹6.24 |
| ROE | 30.33% |
| ROCE | 22.52% |
| RoNW | 30.33% |
| Dept/Equity | 1.29 |
| EBITDA Margin | 16.69% |
| PAT Margin | 8.11% |
| Net Assets Value | ₹20.59 |
| Price To Book Value | ₹4.61 |
Advance Technoforge IPO Peer Comparison
| Company | P/E | EPS | RoNW | NAV |
| Tirupati Forge Limited | 93.56x | ₹0.51 | 5.24% | ₹10.53 |
| Forge Auto International Limited | 9.39x | ₹9.91 | 17.00% | ₹63.23 |
Advance Technoforge IPO Dates
Advance Technoforge IPO open for subscription July 27, 2026, and close date on July 29, 2026. The allotment will be finalized on July 30, 2026, and the IPO listing on August 03, 2026.
| Open Date | July 27, 2026 |
| Close Date | July 29, 2026 |
| Allotment Date | July 30, 2026 |
| Refund Date | July 31, 2026 |
| Share Credit Date | July 31, 2026 |
| Listing Date | August 03, 2026 |
Advance Technoforge Company Financial Report
| Period Ended | Total Assets | Total Income | Total Expenses | Net Worth | Profit After Tax | EBITDA | Reserves and Surplus | Total Borrow |
|---|---|---|---|---|---|---|---|---|
| March 2026 | ₹46.92 Cr. | ₹50.73 Cr. | ₹45.20 Cr. | ₹13.38 Cr. | ₹4.06 Cr. | ₹8.35 Cr. | ₹7.19 Cr. | ₹17.29 Cr. |
| March 2025 | ₹39.51 Cr. | ₹51.16 Cr. | ₹47.63 Cr. | ₹9.56 Cr. | ₹2.70 Cr. | ₹5.52 Cr. | ₹3.13 Cr. | ₹17.51 Cr. |
| March 2024 | ₹28.65 Cr. | ₹48.24 Cr. | ₹45.97 Cr. | ₹6.93 Cr. | ₹1.70 Cr. | ₹3.86 Cr. | ₹6.44 Cr. | ₹11.19 Cr. |
Company Promoters
- Nilesh Shambhubhai Moliya
- Pradipbhai Bhikhabhai Vora
- Daxaben Nileshbhai Moliya
- Kajal Alpesbhai Moliya
- Shraddhaben Pradipbhai Vora
| Holding Pre Issue | 100.00% |
| Holding Post Issue | 71.99% |
Advance Technoforge IPO Lead Managers
- Sun Capital Advisory Services Private Limited
Advance Technoforge IPO Registrar
Kfin Technologies Limited
Phone: 040-79615565
Email: ncml.ipo@kfintech.com
Website: https://ipostatus.kfintech.com/
Note: Check Advance Technoforge IPO Allotment Status Visit IPO Investors Allotment Page And Search Your Registrar IPO Allotment Status Link. Click Here…
About Advance Technoforge Limited
Established in 2013, Advanced Technoforge Limited has established itself as a trusted manufacturer and supplier of forged and precision-machined components, including specialized surface coatings and treatments. With over two decades of core industry experience, the company manufactures high-quality product lines designed to meet the stringent specifications of global original equipment manufacturers. Its versatile product ecosystem serves a wide range of demanding sectors, including automotive, oil and gas, valves, pumps, heavy earth-moving equipment, construction, and railways.
The company’s specialized product portfolio includes a range of engineered components designed for structural strength and high-stress applications. And among its signature offerings is a robust tow hook assembly made from alloy steel with a polished, plated finish specifically designed for electric SUVs in the US market. Advanced TechnoForge also manufactures critical heavy-duty parts from durable carbon steel, including retainer plates and cross members used for structural stability in material lifting equipment, high-performance connecting rods for automotive engines, and engineered end caps (Bowden) for effective sealing in hydraulic systems.
Operating as an integrated manufacturing setup with large-scale production capabilities, Advanced TechnoForge combines technical expertise with a commitment to quality. For your information, the company’s operations are supported by a dedicated workforce of 205 employees across manufacturing, marketing, finance, legal, and administrative roles until June 30, 2026. Backed by an experienced leadership team and long-standing relationships with key industry stakeholders, the company continues to leverage its deep domain knowledge and differentiated product offerings to maintain its market presence.
Company Address
Advance Technoforge Limited
Sr. No.121, Plot No.1 to 6, At& Po. Padavala Road,
Opp. Eaterflow Piping System,
Veraval Shapar, Lodhika
Rajkot, Gujarat, 360024
Phone: +91 9825368310
Email: cs@advancetechforge.com
Website: http://www.advancetechforge.com/
Advance Technoforge IPO FAQs
What is Advance Technoforge IPO?
Advance Technoforge IPO is a SME IPO of 63,09,600 equity shares of the face value of ₹10 aggregating up to ₹74.45 Crores. The IPO issue priced at ₹112 per share.
What are the open and close dates of the Advance Technoforge IPO?
The IPO will open on July 27, 2026 and will close on July 29, 2026.
What is the price band for Advance Technoforge IPO?
The price band for the IPO is fixed at ₹ per share.
What is the issue size of the Advance Technoforge IPO?
The total issue size of the IPO is ₹ Cr., comprising both fresh issue and offer for sale (if applicable).
What is Advance Technoforge IPO Minimum and Maximum Lot Size?
The minimum & maximum bid is 2 Lot, 2,400 Shares with ₹2,28,000 amount while for the IPO.
What is Advance Technoforge IPO Investors Portion?
The investors portion for QIB 0%, NII 50%, RII 50% for the IPO.
When will the basis of allotment for the Advance Technoforge IPO be finalized?
The the IPO allotment is expected to be finalized on July 30, 2026.
When will the shares of Advance Technoforge IPO get listed?
The IPO shares are expected to be listed on the BSE and SME on August 03, 2026.
This content has been researched and written by the IPO Investors Team…
Disclaimer: Readers are strongly advised to seek guidance from a qualified financial advisor before making any investment decisions. Relying solely on the content presented here for financial choices is done entirely at the reader’s own risk.
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