Advance Technoforge SME IPO Details
SME
Closed
Everything you need to know about the Advance Technoforge IPO. Track the latest updates, GMP trends, and subscription status.
Open
27 Jul
2026
Close
29 Jul
2026
Allotment
30 Jul
2026
Listing
03 Aug
2026
IPO Review
Coming Soon
IPO GMP
₹ 3
(3.2%)
IPO Subscription Subscription
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Stock Price
As the IPO is listed, here is the Live Share Price for Advance Technoforge
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Current Price
Today
52-Week Range
High:
Low:
Listing Price
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Issue Price
₹95
IPO Summary
IPO Dates
27 to 29 Jul, 2026
Price Band
₹95
Face Value
₹TBA
Lot Size
1200 Shares
Issue Size
₹24.03 Cr
Listing On
BSE SME
Min Investment
₹ 2,28,000
What is the Advance Technoforge IPO Timetable?
Track the IPO schedule and key events.
| Event | Date | Day |
|---|---|---|
| IPO Open Date | 27 Jul, 2026 Mon | Monday |
| IPO Close Date | 29 Jul, 2026 Wed | Wednesday |
| Basis of Allotment | 30 Jul, 2026 Thu | Thursday |
| Refunds Initiated | TBA | - |
| Credit to Demat | TBA | - |
| Listing Date | 03 Aug, 2026 Mon | Monday |
What is the Advance Technoforge IPO Lot Size?
Bidding in multiples of 1200 shares.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2400 | ₹2,28,000 |
| Retail (Max) | 2 | 2400 | ₹2,28,000 |
| HNI (Min) | 3 | 3600 | ₹3,42,000 |
About Advance Technoforge
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.
Objects of the Issue
| Issue Object | Estimate Amount |
|---|---|
| Purchase and installation of machinery for manufacturing of precision machine components at the Existing Premises (Including GST) | ₹7.19 Cr. |
| Part Funding of working capital requirements | ₹7.25 Cr. |
| Repayment / Prepayment of all or certain of borrowings availed by the Company | ₹2.40 Cr. |
| General Corporate purposes | ₹3.59 Cr. |
| Issue Expenses | ₹3.60 Cr. |
Issue Object
Purchase and installation of machinery for manufacturing of precision machine components at the Existing Premises (Including GST)
Estimate Amount
₹7.19 Cr.
Issue Object
Part Funding of working capital requirements
Estimate Amount
₹7.25 Cr.
Issue Object
Repayment / Prepayment of all or certain of borrowings availed by the Company
Estimate Amount
₹2.40 Cr.
Issue Object
General Corporate purposes
Estimate Amount
₹3.59 Cr.
Issue Object
Issue Expenses
Estimate Amount
₹3.60 Cr.
Strengths & Risks
Strengths
- ✓ Experienced Promoters and Senior Management
- ✓ Integrated Manufacturing Facility with diversified product portfolio
- ✓ Large-scale Manufacturing Capabilities
- ✓ Long-Standing Relationship with Interested Parties
- ✓ Strong knowledge and expertise of senior management team
Risks
- ⚠ Revenue has been broadly flat (~₹48–51 cr over three years), indicating limited top-line growth.
- ⚠ High leverage — borrowings of ₹17.3 cr exceed net worth of ₹13.4 cr.
- ⚠ Customer and product concentration in forged and precision-machined auto/industrial parts.
- ⚠ Dependence on a few large OEM relationships; loss of any could materially affect revenue.
- ⚠ SME listing — lower liquidity and higher volatility.
Company Financials
The Advance Technoforge company's financial performance (in ₹ Cr.) is summarized below:
| Metric | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 46.92 | 39.51 | 28.65 |
| Total Income | 50.73 | 51.16 | 48.24 |
| Profit After Tax | 4.06 | 2.70 | 1.70 |
| EBITDA | 8.35 | 5.52 | 3.86 |
| NET Worth | 13.38 | 9.56 | 6.93 |
| Reserves and Surplus | 7.19 | 3.13 | 6.44 |
| Total Borrowing | 17.29 | 17.51 | 11.19 |
IPO Reservation
| Investor Category | Reservation |
|---|---|
| NII (HNI) | 50% |
| Retail | 50% |
Promoters and Shareholding Details
Nilesh Shambhubhai Moliya, Pradipbhai Bhikhabhai Vora, Daxaben Nileshbhai Moliya, Kajal Alpesbhai Moliya, Shraddhaben Pradipbhai Vora
Promoter holding details will be updated as soon as they are officially announced.
Frequently Asked Questions
What is the GMP of Advance Technoforge?
The current Grey Market Premium (GMP) of Advance Technoforge is ₹ 3.
What is the Advance Technoforge IPO Price Band?
The price band for Advance Technoforge IPO is 95.
When is the Advance Technoforge IPO Allotment?
The allotment date for Advance Technoforge IPO is July 30, 2026.
How to check Advance Technoforge IPO Allotment Status?
You can check the allotment status on the IPO Allotment Status page or on the registrar's website (KFin Technologies Limited).
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