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Metalic Technoforge SME IPO

Metalic Technoforge IPO — date, price band, lot size & details 2026

Metalic Technoforge IPO closed for bidding on 23 Jul 2026. Price band ₹72–77, lot size 1600 shares (minimum 2 lots, ₹2,46,400). Allotment date 24 Jul, listing date 28 Jul.

Everything you need to know about the Metalic Technoforge IPO. Track the latest updates, GMP trends, and subscription status.

Stock price

Metalic Technoforge is listed — here is the live share price.

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Abhishek Vohera, Founder of IPO Guru Researched & reviewed by Abhishek Vohera, Founder, IPO Guru Last updated Figures sourced from the RHP, BSE & NSE

Timetable

Key dates from opening to listing. Today is 25 October.

Key dates Listed
  1. Open 21 Jul 2026
  2. Close 23 Jul 2026
  3. Allotment 24 Jul 2026
  4. Refund/credit TBA
  5. Listing 28 Jul 2026

Issue summary

The terms of the offer, as filed.

IPO Dates 21 to 23 Jul, 2026
Price Band ₹72 – ₹77
Face Value ₹10
Lot Size 1600 Shares
Issue Size ₹49.95 Cr
Sale Type Fresh capital only
Listing On NSE SME
Registrar Bigshare Services Private Limited
Min Investment ₹ 2,46,400
Reservation
QIB 49.87%
NII 15.06%
Retail 35.06%

Share of the offer set aside for each investor category, as stated in the offer document.

What will it cost me?

Bidding is in multiples of 1600 shares at the ₹77 cut-off. The SME retail application is a fixed 2 lots; HNI starts at 3.

shares
lots lots
If it lists at today's grey market premium of ₹6
on
Grey market premium is an unofficial, unregulated indicator. It is not a forecast.
Application Lots Shares Amount
Retail (min) 2 3,200 ₹2,46,400
Retail (max) 2 3,200 ₹2,46,400
HNI (min) 3 4,800 ₹3,69,600

Three years of numbers

All figures in ₹ crore, as reported in the Metalic Technoforge offer document.

Total income
97.98
52
76
98
31 Mar 202431 Mar 202531 Mar 2026
Profit after tax
12.36
4
9
12
31 Mar 202431 Mar 202531 Mar 2026
EBITDA
21.95
7
16
22
31 Mar 202431 Mar 202531 Mar 2026
Borrowing vs net worth
31.78 / 33.42
31 Mar 202431 Mar 202531 Mar 2026
Borrowing Net worth
Metric 31 Mar 2026 31 Mar 2025 31 Mar 2024
Assets 92.09 65.10 33.67
Total Income 97.98 75.64 51.50
Profit After Tax 12.36 9.03 4.26
EBITDA 21.95 16.08 7.29
NET Worth 33.42 17.40 7.72
Reserves and Surplus 15.92 16.40 7.37
Total Borrowing 31.78 27.97 10.81

See how this IPO compares — view listing performance of all SME IPOs.

Valuation & key ratios

Ratios are for the latest full financial year reported in the Metalic Technoforge RHP. EPS and P/E are post-issue — the table below carries the pre-issue comparison.

P/E Ratio
14.94
EPS (₹)
5.16
RoCE
30.38%
RoNW
37%
PAT Margin
12.94%

Metalic Technoforge IPO Valuation

How the issue prices the company before and after the fresh shares are created.

Valuation Metric Post-Issue
EPS (₹) ₹5.16
P/E Ratio (x) 14.94
Market Cap at Offer Price (₹ Cr) ₹184.44

Pre-issue figures use the shareholding reported in the RHP; post-issue figures use the shareholding once the fresh issue has created new shares. The two differ because of that dilution and because post-issue earnings per share are often annualised, so the change can run in either direction. Market capitalisation is calculated at the ₹77 offer price. Compare the post-issue P/E against listed peers before deciding — a premium there is growth you are paying for in advance.

Where the money goes

₹49.96 Cr of the issue is earmarked to named objects.

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 Cr
Full or part repayment and/or prepayment of certain outstanding secured borrowings availed by the Company. ₹6.72 Cr
General Corporate Purpose ₹5.94 Cr
Issue Expenses ₹6.49 Cr

About the company

No company details available yet.

Interested in this IPO? Check the live subscription status or browse all upcoming SME IPOs.

Promoters
Gajipara Keyur Dhirajlal, Trambadiya Dhaval Vrajlal, Vadodariya Satish Rameshbhai, Kapadiya Vipul K, Rupapara Jay Rameshbahi, Gajipara Ronakkumar Mansukhbhai and Ekta Satish Vadodariya
Promoter holding
83.62% → 61%
Pre-issue → post-issue
Registered office
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
Registrar

The bankers & the filings

Who is running the book, and the documents this page is built from.

Book-running lead manager
Smart Horizon Capital Advisors View track record →

Lead Manager Track Record

How the book-running lead managers on this issue have priced their past IPOs, measured on listing day.

Smart Horizon Capital Advisors

14 issues handled (3 mainboard, 11 SME)
Listed in Profit 70% 7 of 10 listed
Avg Listing Gain -0.9% across 10 issues
Listed Below Issue 3 of 10 listed

Best listing: Shankesh Jewellers (+11.1%). Weakest: Om Freight Forwarders (-39.6%).

Listing gain compares the listing-day opening price with the issue price, using the IPOs on IPO Guru that this lead manager has taken to market. A strong record reflects how the banker has priced past issues — it is not a forecast for this one. See every issue they have handled on the lead managers page.

Company contact

Company
Metalic Technoforge
Email

Frequently asked

What is the GMP of Metalic Technoforge?

The current Grey Market Premium is ₹6, or 7.8% over the issue price.

What is the Metalic Technoforge IPO price band?

₹72 to ₹77, on a face value of ₹10.

When is the allotment?

The basis of allotment is 24 July 2026, with listing on 28 July 2026.

How do I check allotment status?

On the IPO Guru allotment page or on the registrar's site — Bigshare Services Private Limited.

Metalic Technoforge IPO

Every number here traces back to a filing.

IPO Guru tracks GMP, subscription and allotment for every SME and Mainboard issue. Every number on this page is sourced from the RHP, BSE & NSE.

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Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.

GMP
₹6
Subscribed
6×
Min bid
₹2,46,400
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