Issue Price
₹95
Per Share
GMP
+₹9
+9.47% Grey Market
Est. Listing
₹104
Expected Price
Min. Application
₹228,000
2 lots × 1200 shares
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 24 February 2025, the company has 136 employees as on engaged in manufacturing, marketing, administration, financial, legal and other activities of the Company.Competitive Strengths:Experienced Promoters and Senior ManagementIntegrated Manufacturing Facility with diversified product portfolioLarge-scale Manufacturing CapabilitiesLong-Standing Relationship with Interested Parties
Advance Technoforge Ltd proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| QIB (Ex Anchor) | 3,850,944 | — | ₹36.58 Cr | 0.00x |
| NII / HNI | 1,200,000 | — | ₹11.40 Cr | 0.43x |
| Retail (RII) | 1,200,000 | — | ₹11.40 Cr | 2.68x |
| Market Maker | 129,600 | — | ₹1.23 Cr | — |
| TOTAL | 2,400,000 | 100.00% | ₹22.80 Cr | 1.55x |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | ₹114,000 |
| Retail (Max) | 13 | 15,600 | ₹1,482,000 |
| sNII (Min) | 14 | 16,800 | ₹1,596,000 |
| bNII (Min) | 68 | 81,600 | ₹7,752,000 |
| Particulars | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Revenue from Operations | 50.73 | 51.16 | 48.24 |
| EBITDA | 8.35 | 5.52 | 3.86 |
| Profit After Tax (PAT) | 4.06 | 2.70 | 1.70 |
| Net Worth | 13.38 | 9.56 | 6.93 |
| Total Assets | 46.92 | 39.51 | 28.65 |
| Reserves & Surplus | 7.19 | 3.13 | 6.44 |
| Total Borrowings | 17.29 | 17.51 | 11.19 |