Metalic Technoforge IPO
Metalic Technoforge is an NSE SME IPO listed on the NSE SME platform, priced at ₹72–₹77 per share. The stock debuted at ₹87, delivering a listing gain of 13.0%. The IPO had a lot size of ₹1600 shares and a minimum investment of ₹2,46,400.
Metalic Technoforge Limited IPO
- IPO Dates
- Jul 21, 2026 – Jul 23, 2026
- Price band
- ₹72-77 per equity share
- Minimum Investment
- ₹2,46,400
- Issue size
- ₹49.96 Cr
- Lot size
- 1600
- Allotment Date
- Jul 24, 2026
- Listing
- Jul 28, 2026
- Listing At
- NSE SME
IPO timeline
-
Jul 21, 2026
Open Date
Completed
-
Jul 23, 2026
Close Date
Completed
-
Jul 24, 2026
Allotment Date
Completed
-
Jul 28, 2026
Listing Date
Completed
Metalic Technoforge IPO Subscription Details
View Subscription DetailsMetalic Technoforge IPO subscription status shows demand across QIB, NII, and retail categories, helping investors understand participation levels.
Last updated:Metalic Technoforge IPO Essentials
Metalic Technoforge IPO Details
Metalic Technoforge IPO is priced at ₹72-77 per share with a total issue size of 49.96 crore. The IPO has a lot size of 1600 shares and is listed on NSE SME.
- Issue price
- ₹72-77 per equity share
- Lot size
- 1600 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 64,88,000 shares(agg. up to ₹49.96 Cr)
- Total issue size
- 64,88,000 shares
(aggregating up to ₹49.96 crore) - Fresh issue
- 64,88,000 shares
(aggregating up to ₹49.96 crore) - Retail Portion
- 35%
- Listing at
- NSE SME
- List price
- 87.0
- Listing date
- Registrar
- Bigshare Services Pvt.Ltd.
- Lead manager
-
Smart Horizon Capital Advisors Pvt.Ltd.
Market Lot Size
Investors can bid for a minimum of 3,200 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual (min) | 2 | 3,200 | ₹2,46,400 |
| Individual(max) | 2 | 3,200 | ₹2,46,400 |
| sHNI(min) | 3 | 4,800 | ₹3,69,600 |
| sHNI(max) | 8 | 12,800 | ₹9,85,600 |
| bHNI(min) | 9 | 14,400 | ₹11,08,800 |
Metalic Technoforge IPO Reservation
Metalic Technoforge IPO reservation details show category-wise allocation of shares. Out of the total 6488000 shares, approximately 18.99% are reserved for QIB, 14.3% for NII, 33.29% for retail investors, 5.06% for market maker, and 28.36% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 1840000 (28.36%) | |
| Market Maker Shares Offered | 328000 (5.06%) | |
| QIB Shares Offered | 1232000 (18.99%) | |
| NII (HNI) Shares Offered | 928000 (14.3%) | |
| bHNI > ₹10L | 617600 (9.39%) | 129 |
| sHNI < ₹10L | 310400 (4.85%) | 65 |
| Individual Shares Offered | 2160000 (33.29%) | 675 |
| Total Shares Offered | 6488000 (100%) |
Metalic Technoforge IPO Analytics
Metalic Technoforge IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Metalic Technoforge IPO Subscription Status
Metalic Technoforge IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO is currently subscribed 8.55x, indicating strong demand across investor categories.
| As on | QIB |
NII
bHNI
sHNI
|
Individual | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 12,32,000 |
9,28,000
6,17,600
3,10,400
|
21,60,000 | 43,20,000 |
|
Day 1
21-07-26 05:00 PM
|
0.00 x |
0.30x
0.22x
0.44x
|
0.60 x | 0.36 x |
|
Day 2
22-07-26 05:00 PM
|
0.48 x |
0.98x
1.03x
0.89x
|
1.15 x | 0.92 x |
|
Day 3
23-07-26 05:00 PM
|
4.58 x |
17.42x
21.35x
9.60x
|
7.00 x | 8.55 x |
|
Total No. of Applications
|
bHNI | sHNI | Individual |
|---|---|---|---|
| 6,172 (Approx) | 6.63x | 8.82x | 7x |
Metalic Technoforge Valuations
Earnings
- EPS Pre IPO
- ₹7.07/-
- EPS Post IPO
- ₹5.16/-
- P/E Pre IPO
- 10.90
- P/E Post IPO
- 14.94
Returns
- ROE
- 48.66%
- ROCE
- 30.38%
- RoNW
- 37%
- PAT Margin
- 12.94%
Fundamentals
- Debt / Equity
- 0.95
- Price / Book
- 4.03
- Market Cap
- ₹184.68 Cr.
Metalic Technoforge Financials( In Crs.)
| 31-Mar-26 | 31-Mar-25 | 31-Mar-24 | |
|---|---|---|---|
| Assets | 92.09 | 65.10 | 33.67 |
| Revenue | 97.98 | 75.64 | 51.50 |
| Profit After Tax | 12.36 | 9.03 | 4.26 |
| Net Worth | 33.42 | 17.40 | 7.72 |
| Reserves & Surplus | 15.92 | 16.40 | 7.37 |
| Total Borrowing | 31.78 | 27.97 | 10.81 |
Metalic Technoforge Company & Offer Insights
About Metalic Technoforge
Metalic Technoforge Ltd., which was incorporated in October 2016, specializes in manufacturing closed-die forging and machining products.
The Company's portfolio consists of complex forged and machined parts including rings of different sizes, ball studs, gear blanks with broaching, gears, couplings, and others.
The customers of the Company can be both domestic and international OEMs from the automotive and non-automotive segments. Among the automotive OEMs there are producers of automobiles, tractors and commercial vehicles; among the non-automotive OEMs there are producers of agriculture machinery, hydraulic machinery, construction machinery, and engineering products.
The production facility of the Company is located in Rajkot, Gujarat.
On February 28, 2026, the company employed 188 persons.
Metalic Technoforge Promoter(s)
Gajipara Keyur Dhirajlal, Trambadiya Dhaval Vrajlal, Vadodariya Satish Rameshbhai, Kapadiya Vipul K, Rupapara Jay Rameshbahi, Gajipara Ronakkumar Mansukhbhai and Ekta Satish Vadodariya are the company's promoters of Metalic Technoforge.
Metalic Technoforge IPO Issue Objectives
- •
- 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
- •
- Full or part repayment and/or prepayment of certain outstanding secured borrowings availed by the Company.
- •
- General Corporate Purpose
Metalic Technoforge IPO - Anchor Investors
Metalic Technoforge Limited finalised its anchor investor allocation on July 20, 2026, raising ₹14.17 crore from 7 institutional investors at an anchor price of ₹77 per share, including a share premium of ₹67. The anchor book comprises 18,40,000 equity shares allocated across alternative investment funds and non-mutual fund institutional investors. Solidarity Micro Cap Emerging Leader AIF received the largest allocation at 28.26%, followed by Aarth AIF Growth Fund and India Equity Fund 1 each at 21.22%. IMAP India Capital Investment Trust – Catalyst New India Fund received 7.91%, while Brescon Opportunities Fund, Tiger Strategies Fund-I, and Mili Capital Investment Trust – Mili Emerging Equities Fund each received 7.13% of the anchor portion.
Contact Information
Contact Details
Metalic Technoforge
+91- 9033332532
investors@metalictechnoforge.com
https://www.metalictechnoforge/
Sr. No.-129/1 P4(New Survey no. 296),Plot No.-5&6, Padavala Main Road, Opp. Electric Power House, Kot, Village Padavala, Veraval (Shapar), Kotda Sanghani, Rajkot, Gujarat, 360024
Registrar Contact Details
Bigshare Services Pvt.Ltd.
8657578989/8069219065/8069219060
Frequently Asked Questions
Click any question to reveal the answer
Metalic Technoforge IPO is a book-built IPO worth ₹49.96 crore. The price band is ₹72–₹77 per share. The IPO opens on Jul 21, 2026 and closes on Jul 23, 2026. It will be listed on NSE SME Platform. Bigshare Services Pvt. Ltd. is the registrar.
The price band of Metalic Technoforge IPO is ₹72 to ₹77 per share.
The lot size of Metalic Technoforge IPO is 1600 shares.
The minimum investment for Metalic Technoforge IPO is approximately ₹2,46,400 based on the upper price band .
Metalic Technoforge IPO opens on Jul 21, 2026 and closes on Jul 23, 2026.
The allotment date of Metalic Technoforge IPO is Jul 24, 2026.
Metalic Technoforge IPO is expected to be listed on Jul 28, 2026, on NSE SME Platform.
Metalic Technoforge IPO valuation snapshot: P/E 14.94, EPS ₹5.16/-, P/B 4.03, RoNW 37%, and market cap ₹184.68 Cr.
To apply for Metalic Technoforge IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Metalic Technoforge IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Metalic Technoforge IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Metalic Technoforge IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Metalic Technoforge IPO allotment status on IPO Ji for quick and easy access.