Advance Technoforge SME IPO GMP History
Advance Technoforge SME IPO has been listed on August 3, 2026 at a listing price of ₹94, against the issue price of ₹95 — a loss of ₹1 (-1.05%). The GMP peaked at ₹9 on 27 July 2026 and reached a low of ₹3 on 1 August 2026. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Advance Technoforge SME IPO raised ₹24.03 Cr. through its IPO at a price band of ₹95 per share, with a lot size of 1200 shares. The IPO was open for subscription from 27 Jul 2026 to 29 Jul 2026.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 4 Sep, 3:34 PM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 01 Aug 2026 | ₹ 3 | — | 3.2% | — | — |
| 31 Jul 2026 | ₹ 3 | ▼ | 3.2% | — | — |
| 30 Jul 2026 | ₹ 5 | ▼ | 5.3% | — | — |
| 29 Jul 2026 | ₹ 8 | — | 8.4% | — | — |
| 28 Jul 2026 | ₹ 8 | ▼ | 8.4% | — | — |
| 27 Jul 2026 | ₹ 9 | — | 9.5% | — | — |
| 26 Jul 2026 | ₹ 9 | — | 9.5% | — | — |
| 25 Jul 2026 | ₹ 9 | — | 9.5% | — | — |
| 24 Jul 2026 | ₹ 9 | ▲ | 9.5% | — | — |
| 23 Jul 2026 | ₹ 5.5 | ▲ | 5.8% | — | — |
| 22 Jul 2026 | ₹ 3.5 | — | 3.7% | — | — |
Advance Technoforge SME IPO dates
Key dates from opening to listing. Today is 24 October.
- Open 27 Jul 2026
- Close 29 Jul 2026
- Allotment 30 Jul 2026
- Refund/credit TBA
- Listing 03 Aug 2026
Advance Technoforge SME IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹95 |
|---|---|
| GMP-based estimate (pre-listing) | ₹98 (+3.2%) |
| Listing gain / loss | −₹1 per share |
| Listing date | 03 Aug, 2026 |
| Actual listing price | ₹94 (-1.05%) |
Is Advance Technoforge SME IPO GMP reliable?
Grey market premium for Advance Technoforge SME IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the Advance Technoforge SME IPO full review for a fundamentals-based assessment before making any grey market trades.
Advance Technoforge SME IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Advance Technoforge SME IPO was not available during the subscription period. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not available for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Advance Technoforge SME IPO
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 30 June 2026, the company has 205 employees as on engaged in manufacturing, marketing, administration, financial, legal and other activities of the Company.
Frequently asked
What is the GMP of Advance Technoforge SME IPO?
The current Grey Market Premium (GMP) of Advance Technoforge SME IPO is ₹ 3.
What is the Kostak Price of Advance Technoforge SME IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Advance Technoforge SME IPO is not available.
What is the Subject to Sauda Price of Advance Technoforge SME IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is not available.
What was the actual listing price of Advance Technoforge SME IPO?
Advance Technoforge SME IPO listed on August 3, 2026 at ₹94, against the issue price of ₹95 — a loss of -1.05%.
How did the GMP of Advance Technoforge SME IPO trend before listing?
The GMP of Advance Technoforge SME IPO was stable in its final days before listing. The GMP peaked at ₹9 on 27 July 2026. View the day-wise table above for the complete GMP history.
Explore Advance Technoforge SME IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
