Issue Price
₹77
Per Share
GMP
NIL
Grey Market
Est. Listing
₹77
Expected Price
Min. Application
₹246,400
2 lots × 1600 shares
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.
Metalic 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) | 3,072,000 | — | ₹23.65 Cr | 2.63x |
| NII / HNI | 928,000 | — | ₹7.15 Cr | 17.06x |
| Retail (RII) | 2,160,000 | — | ₹16.63 Cr | 6.87x |
| Market Maker | 328,000 | — | ₹2.53 Cr | — |
| TOTAL | 6,160,000 | 100.00% | ₹47.43 Cr | 6.29x |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | ₹123,200 |
| Retail (Max) | 13 | 20,800 | ₹1,601,600 |
| sNII (Min) | 14 | 22,400 | ₹1,724,800 |
| bNII (Min) | 68 | 108,800 | ₹8,377,600 |
| 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 |
| Total Borrowings | 31.78 | 17.17 | 4.70 |