Metalic Technoforge IPO Details

Bookbuilding IPO | ₹50 Cr | Listing at NSE SME | Tue, Jul 21, 2026 - Thu, Jul 23, 2026

IPO Details

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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.

Refer to Metalic Technoforge IPO DRHP for detailed Information.

IPO Open

Tue, Jul 21, 2026

IPO Close

Thu, Jul 23, 2026

Price Band

₹72 to ₹77

Market Cap (Pre-IPO)

To be declared

IPO Details

IPO Date

21 to 23 Jul, 2026
Listing Date

Tue, Jul 28, 2026
Face Value

₹10 per share
Price Band

₹72 to ₹77
Lot Size

1,600 Shares
Sale Type

Fresh capital only
Issue Type

Bookbuilding IPO
Listing At

NSE SME

Total Issue Size

64,88,000 shares (agg. up to ₹50 Cr)
Reserved for Market Maker

3,28,000 shares (agg. up to ₹3 Cr)
Fresh Issue (Ex Market Maker)

61,60,000 shares (agg. up to ₹47 Cr)
Net Offered to Public

61,60,000 shares (agg. up to ₹47 Cr)
Share Holding Pre Issue

1,74,96,400 shares
Share Holding Post Issue

2,39,84,400 shares

IPO Timetable (Tentative)

IPO Open

Tue, Jul 21, 2026
Allotment

Fri, Jul 24, 2026
Credit of Shares

Mon, Jul 27, 2026

IPO Close

Thu, Jul 23, 2026
Refund

Mon, Jul 27, 2026
Listing

Tue, Jul 28, 2026

Issue Reservation

Investor Category	Shares Offered
QIB Shares Offered	Not more than 50% of the Net Issue
Retail Shares Offered	Not less than 35% of the Net Issue.
NII Shares Offered	Not less than 15% of the Net Issue

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	3,200	₹2,46,400
Individual investors (IND) (Max)	2	3,200	₹2,46,400
S-HNI (Min)	3	4,800	₹3,69,600
S-HNI (Max)	8	12,800	₹9,85,600
B-HNI (Min)	9	14,400	₹11,08,800

IPO Subscription Details

About Metalic Technoforge Ltd.

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 include manufacturers of automobiles, tractors, and commercial vehicles. Non-automotive OEMs include manufacturers of agricultural equipment, hydraulic equipment, construction machinery, and general engineering products.

The company’s manufacturing unit is situated in Rajkot, Gujarat.

As of March 01, 2026, the Company had an order book of approximately ₹ 2,447.06 lakhs.

As of February 28, 2026, the company had 188 personnel at its manufacturing units and registered office.

Company Financials (Restated Consolidated)

Period Ended	30 Sep 2025	31 Mar 2025	31 Mar 2024	31 Mar 2023
Assets	76.56	65.10	33.67	21.23
Total Income	43.22	75.64	51.50	47.13
Profit After Tax	5.28	9.03	4.26	1.26
EBITDA	9.57	16.08	7.29	2.57
NET Worth	26.33	17.40	7.72	3.46
Reserves and Surplus	25.30	16.40	7.37	3.11
Total Borrowing		17.17	4.70	2.08

Amount in ₹ Crore

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IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

# Issue Objects

Est Amt (₹ Cr.)
1 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

30.81
2 Full or part repayment and/or prepayment of certain outstanding secured borrowings availed by the Company.

6.72
3 General Corporate Purpose
Total

37.53

Key Performance Indicator (KPI)

KPI	Mar 31, 2025
ROE	71.87%
ROCE	31.88%
Debt/Equity	1.61
RoNW	51.88%
PAT Margin	12.14%
EBITDA Margin	21.62%

Check IPO Peer Comparison here.

	Pre IPO	Post IPO
Promoter Holding	83.63%	61.00%

Gajipara Keyur Dhirajlal, Trambadiya Dhaval Vrajlal, Vadodariya Satish Rameshbhai, Kapadiya Vipul K, Rupapara Jay Rameshbahi, Gajipara Ronakkumar Mansukhbhai, Ekta Satish Vadodariya

IPO Registrar

Bigshare Services Pvt.Ltd.

8657578989/8069219065/8069219060
ipo@bigshareonline.com
Visit Website

IPO Lead Manager(s)

Smart Horizon Capital Advisors Pvt.Ltd. (Past IPO Performance)

Lead Manager Reports

Lead Manager Performance Summary
Lead Manager Performance Tracker

Contact Details

Metalic Technoforge Ltd. Address

Sr. No.-129/1 P4(New Survey no. 296), Plot No.-5&6

Padavala Main Road, Opp. Electric Power House, Kot

VillagePadavala, Veraval (Shapar), Kotda Sanghani

Rajkot, Gujarat, 360024

+91- 9033332532
investors@metalictechnoforge.com
Visit Website

IPO FAQs

What is the Metalic Technoforge IPO?

Metalic Technoforge IPO is a SME IPO of 64,88,000 equity shares of the face value of ₹10 aggregating up to ₹50 Crores. The issue is priced at ₹72 to ₹77. The minimum order quantity is 1600.

The IPO opens on Tue, Jul 21, 2026, and closes on Thu, Jul 23, 2026.

Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

How to apply in Metalic Technoforge IPO through Angel One?

Angel One customers can apply online in Metalic Technoforge IPO using UPI as a payment gateway. Angel One customers can apply in Metalic Technoforge IPO by login into Angel One Console (back office) and submitting an IPO application form.

Steps to apply in Metalic Technoforge IPO through Angel One

Visit the Angel One website and login to Console.
Go to Portfolio and click the IPOs link.
Go to the ‘Metalic Technoforge IPO’ row and click the ‘Bid’ button.
Enter your UPI ID, Quantity, and Price.
Submit IPO application form.
Visit the UPI App (net banking or BHIM) to approve the mandate.
Visit Angel One IPO Application Process Review for more detail.

When Metalic Technoforge IPO will open?

The Metalic Technoforge IPO opens on Tue, Jul 21, 2026 and closes on Thu, Jul 23, 2026.

What is the lot size of Metalic Technoforge IPO?

Metalic Technoforge IPO lot size is 1600, and the minimum amount required for application is ₹2,46,400, with 2 lots being the minimum application size.

How to apply for Metalic Technoforge IPO?

You can apply in Metalic Technoforge IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don’t offer banking services. Read more detail about applying IPO online through Angel One, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

When is Metalic Technoforge IPO allotment?

The finalization of Basis of Allotment for Metalic Technoforge IPO will be done on Friday, July 24, 2026, and the allotted shares will be credited to your demat account by Mon, Jul 27, 2026. Check the Metalic Technoforge IPO allotment status.

When is Metalic Technoforge IPO listing date ?

The Metalic Technoforge IPO listing date is not yet announced. The tentative date of listing is Tue, Jul 28, 2026.