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IPO Open

Mon, Jul 27, 2026

IPO Close

Wed, Jul 29, 2026

Issue Price

₹95 per share

Market Cap (Pre-IPO)

To be declared

IPO Details

  • IPO Date
    27 to 29 Jul, 2026
  • Listing Date
    Mon, Aug 3, 2026
  • Face Value
    ₹10 per share
  • Issue Price
    ₹95 per share
  • Lot Size
    1,200 Shares
  • Sale Type
    Fresh capital only
  • Issue Type
    Fixed Price IPO
  • Listing At
    BSE SME
  • Total Issue Size
    25,29,600 shares (agg. up to ₹24 Cr)
  • Reserved for Market Maker
    1,29,600 shares (agg. up to ₹1 Cr)
  • Fresh Issue (Ex Market Maker)
    24,00,000 shares (agg. up to ₹23 Cr)
  • Net Offered to Public
    24,00,000 shares (agg. up to ₹23 Cr)
  • Share Holding Post Issue
    25,29,600 shares

IPO Timetable (Tentative)

  • IPO Open
    Mon, Jul 27, 2026
  • Allotment
    Thu, Jul 30, 2026
  • Credit of Shares
    Fri, Jul 31, 2026
  • IPO Close
    Wed, Jul 29, 2026
  • Refund
    Fri, Jul 31, 2026
  • Listing
    Mon, Aug 3, 2026

Issue Reservation

Advance Technoforge IPO comprises a total issue size of 25,29,600 shares. The net offer to the public is 24,00,000 shares, after excluding 1,29,600 shares allotted on a firm basis. Of the Net offer 12,00,000 (50.00%) allocated to NII 12,00,000 (50.00%) allocated to RII.

Investor Category Shares Offered % of Net Issue % of Total Issue
NII (HNI) Shares Offered 12,00,000 50.00% 47.44%
Retail Shares Offered 12,00,000 50.00% 47.44%
Firm Reservations
Market Maker Shares Offered 1,29,600 5.12%
Total Shares Offered 25,29,600 100.00% 100.00%

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 2,400 ₹2,28,000
Individual investors (IND) (Max) 2 2,400 ₹2,28,000
HNI (Min) 3 3,600 ₹3,42,000

IPO Subscription Details

About Advance Technoforge Ltd.

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:

  • Tow Hook Assembly – A robust component designed for securing vehicles, made from alloy steel with a polished and plated finish, suitable for US electric SUVs.
  • Retainer Plate – A structural part used in material lifting equipment, crafted from durable carbon steel for strength and reliability.
  • Cross Member – Provides support in material lifting equipment, made from carbon steel to ensure stability and durability under heavy loads.
  • Connecting Rod – A key part in automotive engines, designed from carbon steel to withstand high stress and provide optimal performance.
  • Boden (End Cap) – Used in hydraulic applications, made from carbon steel for durability and effective sealing in hydraulic systems.

As of 24 February 2025, the company has 136 employees as on engaged in manufacturing, marketing, administration, financial, legal and other activities of the Company.

Competitive Strengths:

  • Experienced Promoters and Senior Management
  • Integrated Manufacturing Facility with diversified product portfolio
  • Large-scale Manufacturing Capabilities
  • Long-Standing Relationship with Interested Parties

Company Financials (Restated)

(Amount in ₹ Crore)

Period Ended 30 Sep 2024 31 Mar 2024 31 Mar 2023 31 Mar 2022
Assets 33.28 29.15 22.17 22.00
Total Income 26.01 48.24 37.91 31.56
Profit After Tax 1.35 1.70 0.75 0.40
NET Worth 8.28 6.93 5.22 4.47
Reserves and Surplus 1.78 6.44 4.73 3.98

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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 Purchase and installation of machinery for manufacturing of precision machine components at the Existing Premises (Including GST)
    6.08
  • 2 Part Funding of working capital requirements
    5.00
  • 3 General Corporate purposes

Key Performance Indicator (KPI)

KPI Mar 31, 2026
RoNW 30.33%
Check IPO Peer Comparison here.
Pre IPO Post IPO
Promoter Holding 100% 71.99%
Nilesh Shambhubhai Moliya, Pradipbhai Bhikhabhai Vora, Daxaben Nileshbhai Moliya and Kajal Alpesbhai Moliya

IPO Registrar

Kfin Technologies Ltd.

IPO Lead Manager(s)

  1. Sun Capital Advisory Services Pvt.Ltd.  (Past IPO Performance)

Lead Manager Reports

  • Lead Manager Performance Summary
  • Lead Manager Performance Tracker

Contact Details

Advance Technoforge Ltd. Address
Sr. No.121, Plot No.1 to 6, At& Po. Padavala Road,
Opp. Eaterflow Piping System,
Veraval Shapar, Lodhika
Rajkot, Gujarat, 360024

IPO FAQs

Advance Technoforge IPO is a SME IPO of 25,29,600 equity shares of the face value of ₹10 aggregating up to ₹24 Crores. The issue is priced at ₹95 per share. The minimum order quantity is 1200.

The IPO opens on Mon, Jul 27, 2026, and closes on Wed, Jul 29, 2026.

Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

How to apply in Advance Technoforge IPO through Zerodha?

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

Steps to apply in Advance 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 ‘Advance 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.

The Advance Technoforge IPO opens on Mon, Jul 27, 2026 and closes on Wed, Jul 29, 2026.

Advance Technoforge IPO lot size is 1200, and the minimum amount required for application is ₹2,28,000, with 2 lots being the minimum application size.

You can apply in Advance 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.

The finalization of Basis of Allotment for Advance Technoforge IPO will be done on Thursday, July 30, 2026, and the allotted shares will be credited to your demat account by Fri, Jul 31, 2026. Check the Advance Technoforge IPO allotment status.

The Advance Technoforge IPO listing date is not yet announced. The tentative date of listing is Mon, Aug 3, 2026.

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