Metalic Technoforge Ltd IPO — GMP, Details & Subscription

IPO Details

Open Date

21 Jul 2026

Close Date

23 Jul 2026

Allotment

24 Jul 2026

Listing Date

28 Jul 2026

Exchange

BSE SME

Price Band

₹77

Listing Price

See chart

Allotment Status

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Price Band

₹77

Per share

Face Value

₹10 per share

Lot Size

1,600 Shares

per lot

Issue Size

64,88,000 shares (agg. up to ₹50 Cr)

Total offering

Issue Type

Bookbuilding IPO

Min Investment

₹123,200

1 lot

Pre-IPO Holding

1,74,96,400 shares

Promoters

Post-IPO Holding

2,39,84,400 shares

Promoters

P/E (Pre)

10.9x

P/E (Post)

14.94x

EPS (Pre)

₹7.07

EPS (Post)

₹5.16

UPI Deadline

5:00 PM on 23 Jul 2026

Mandate

Anchor AllotmentMon, 20 Jul 2026

Basis of AllotmentFri, 24 Jul 2026

Refund InitiationMon, 27 Jul 2026

Demat CreditMon, 27 Jul 2026

Listing DayTue, 28 Jul 2026

UPI Mandate Deadline5:00 PM on 23 Jul 2026

Sale TypeFresh capital only

Net Offer to Public61,60,000 shares (agg. up to ₹47 Cr)

Market Maker Quota3,28,000 shares (agg. up to ₹3 Cr)

Fresh Issue Shares61,60,000 shares (agg. up to ₹47 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Metalic Technoforge Ltd IPO subscribed 6.29 times overall. Retail: 6.87x. QIB: 2.63x. NII: 17.06x. By 23 Jul 2026.

QIB

2.63x

Over

NII/HNI

17.06x

Over

Retail

6.87x

Over

Total

6.29x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
Market Maker	Awaited	328,000	—	₹2.53
QIB	Over 2.63x	3,072,000	—	₹23.65
NII / HNI	Over 17.06x	928,000	—	₹7.15
Retail	Over 6.87x	2,160,000	—	₹16.63
Total	6.29x	6,160,000	100%	₹47.43

IPO Shares Offered

Metalic Technoforge Ltd IPO total issue size: ₹47.43 Cr. Retail: ₹16.63 Cr. QIB: ₹23.65 Cr. NII: ₹7.15 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
QIB	3,072,000	₹23.65	49.87%
Market Maker	328,000	₹2.53	5.32%
NII	928,000	₹7.15	15.06%
Retail	2,160,000	₹16.63	35.06%
Total	6,160,000	₹47.43	100.00%

* Based on upper price band ₹77 per share

Basis of Allotment

	QIB			NII			Retail	Total
	Ex. Anchor	Anchor	Total QIB	Below ₹10L	Above ₹10L	Total NII	Retail	Total
Allocation (shares)	—	—	—	—	—	928,000	2,160,000	3,088,000
Allotment price (₹)	77	77	77	77	77	77	77	77
No. of applications	—	—	—	—	—	—	—	—
No. of shares applied	—	—	—	—	—	—	—	—
Amount collected (₹Cr)	—	—	—	—	—	—	₹16.63	₹16.63
Times subscribed	2.63x	—	—	—	—	17.06x	6.87x	6.29x
Shares allotted	—	—	—	—	—	928,000	2,160,000	3,088,000
No. of allottees	—	—	—	—	—	—	—	—

* Upper price band ₹77 · ** Anchor allotment excluded from public shares

Lot Size & Investment

Lot Size

1,600

Shares per Lot

Issue Price

₹77.00

Upper Band

Min Investment

₹123,200

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	3,200	₹246,400
Retail (Max — 13 Lots)	13	20,800	₹1,601,600
S-HNI (Min — 14 Lots)	14	22,400	₹1,724,800
B-HNI (Min — 68 Lots)	68	108,800	₹8,377,600

* Issue Price ₹77 × Lot Size 1,600 shares

IPO Schedule

Anchor

20 Jul 2026

✓ Done

IPO Open

21 Jul 2026

✓ Done

IPO Close

23 Jul 2026

✓ Done

Allotment

24 Jul 2026

✓ Done

Refunds

27 Jul 2026

✓ Done

Demat Credit

27 Jul 2026

✓ Done

Listing Day

28 Jul 2026

✓ Done

₹77.00

INR · BSE

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Issue ₹77.00 Live Price

About Metalic Technoforge Ltd

Incorporated in October 2016, Metalic Technoforge Ltd. manufactures closed-die forged and precision-machined components.The company's product portfolio includes complex, safety-critical forged and precision-machined products such as big and small rings, ball studs, gear blanks with broaching, gears, coupling assemblies, and other critical components for various industries. The company serves domestic and global OEMs across automotive and non-automotive sectors. Automotive OEMs include manufacturers of automobiles, tractors, and commercial vehicles. Non-automotive OEMs include manufacturers of agricultural equipment, hydraulic equipment, construction machinery, and general engineering products.The company's manufacturing unit is situated in Rajkot, Gujarat.As of March 01, 2026, the Company had an order book of approximately ₹ 2,447.06 lakhs.As of February 28, 2026, the company had 188 personnel at its manufacturing units and registered office.

Objects of the Issue

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 Ltd Financials (Amount in ₹ Crore)

Revenue from Operations

₹51.5

31 Mar 2024

₹75.6

31 Mar 2025

₹98.0

31 Mar 2026

Profit After Tax (PAT)

₹4.3

31 Mar 2024

₹9.0

31 Mar 2025

₹12.4

31 Mar 2026

Particulars	31 Mar 2026	31 Mar 2025	31 Mar 2024
Revenue from Operations	97.98	75.64	51.50
EBITDA	21.95	16.08	7.29
Profit After Tax (PAT)	12.36	9.03	4.26
Net Worth	33.42	17.40	7.72
Total Assets	92.09	65.10	33.67
Reserves & Surplus	15.92	16.40	7.37
Borrowings	31.78	17.17	4.70
EBITDA Margin (%)	21.62	—	—
PAT Margin (%)	12.14	—	—

P/BV Ratio

7.52

RoE

71.87

RoCE

31.88

RoNW

51.88

PAT Margin

12.14

EBITDA Margin

21.62

Debt/Equity

1.61

Issue Structure & Shareholding

Total Shares Offered64,88,000

Net Offer to Public61,60,000 shares (agg. up to ₹47 Cr)

Reserved for Market Maker3,28,000 shares (agg. up to ₹3 Cr)

Pre-Issue Promoter Holding1,74,96,400 shares

Post-Issue Promoter Holding2,39,84,400 shares

P/BV Ratio7.52

RoE71.87

RoCE31.88

Debt / Equity1.61

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

Bigshare Services Pvt.Ltd

8657578989/8069219065/8069219060

ipo@bigshareonline.com

https://ipo.bigshareonline.com/IPO_Status.html

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Book Running Lead Managers

Smart Horizon Capital Advisors Pvt.Ltd

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Metalic Technoforge Ltd IPO subscribed? ▲

Metalic Technoforge Ltd IPO is subscribed 6.29 times by Jul 23, 2026. Retail: 6.87x. QIB: 2.63x. NII: 17.06x.

Investor Category	Subscription
Qualified Institutional (QIB)	2.63x
Non Institutional (NII/HNI)	17.06x
Retail Individual	6.87x
Total Subscription	6.29x

What is Metalic Technoforge Ltd IPO retail subscription status? ▼

The Metalic Technoforge Ltd IPO retail category is subscribed 6.87 times as of 23 Jul 2026. The retail portion is oversubscribed.

How to subscribe Metalic Technoforge Ltd IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 21 Jul 2026 and closes 23 Jul 2026. Min investment: ₹123,200 (1 lot = 1,600 shares). UPI mandate: 5:00 PM on 23 Jul 2026.

How many times Metalic Technoforge Ltd IPO subscribed? ▼

The Metalic Technoforge Ltd IPO subscribed 6.29x overall. QIB: 2.63x, NII: 17.06x, Retail: 6.87x. Applications: from NSE/BSE.

How to check Metalic Technoforge Ltd IPO allotment? ▼

Check allotment on the registrar website (Bigshare Services Pvt.Ltd) at https://ipo.bigshareonline.com/IPO_Status.html. Enter your PAN, application number or DP/Client ID. Allotment date: 24 Jul 2026. Refunds: on 27 Jul 2026.

When Metalic Technoforge Ltd IPO will be listed? ▼

The Metalic Technoforge Ltd IPO listing date is 28 Jul 2026, Tuesday. Listed on: BSE SME. Issue price: ₹77. Estimated listing: ₹77. GMP: NIL.

When Metalic Technoforge Ltd IPO close? ▼

The Metalic Technoforge Ltd IPO closes on 23 Jul 2026, Thursday. UPI mandate: 5:00 PM on 23 Jul 2026. Allotment: 24 Jul 2026. Listing: 28 Jul 2026.

Quick Actions

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Live Price LIVE

Last Price₹77.00

Change—

Issue Price₹77.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹77

Face Value₹10

Lot Size1,600 Sh

Min. Amount₹123,200

GMPNIL

Est. Listing₹77

Subscribed6.29x

Open Date21 Jul 2026

Close Date23 Jul 2026

Allotment24 Jul 2026

Listing Date28 Jul 2026

ExchangeBSE SME

UPI Deadline5:00 PM on 23 Jul 2026