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Sanjay Bambhaniya · Jul 22, 2026

Metalic Technoforge IPO Details 2026

SME Book Build Closed
Industrial Products
NSE SME
Price Band
₹72 - ₹77
Issue Size
₹49.96 Cr
Lot Size
1600
Min. Investment
₹1,23,200
Live GMP ₹6
7.79% Est. Listing: ₹83
SIP CalcCompare
IPO Timeline
DRHP FILED March 31, 2026
OPEN July 21, 2026
CLOSE July 23, 2026
ALLOTMENT July 24, 2026
LISTING July 28, 2026
IPO DETAILS REVIEW GMP SUBSCRIPTION ALLOTMENT STATUS

Metalic Technoforge

Company overview & key insights

The Metalic Technoforge IPO size is ₹49.96 crore. This issue contains a fresh issue of ₹49.96 crore. It has no offer for sale. It is a book built issue. The IPO issue opens on July 21, 2026. The issue closes on July 23, 2026. The share allotment date is July 24, 2026. The listing date is July 28, 2026. Metalic Technoforge Ltd. is based in Rajkot. It operates in the industrial products sector. The company filed its DRHP on March 31, 2026. It will list its shares on NSE SME. Bigshare Services Pvt.Ltd. is the registrar. Smart Horizon Capital Advisors Pvt.Ltd. serves as the merchant banker for the offer.

Metalic Technoforge Ltd. manufactures closed-die forged and precision-machined metal components for automotive and non-automotive sectors.

metalic technoforge sme ipo

IPO Highlights

Key details & important dates

IPO Details

Total Issues ₹49.96 Cr
Fresh Issue ₹49.96 Cr
Offer for Sale -
IPO Price Band ₹72 - ₹77
Face Value ₹10 per share
Lot Size 1600
Listed On NSE SME

IPO Dates

DRHP Filed March 31, 2026
Issue Open July 21, 2026
Issue Close July 23, 2026
Allotment Date July 24, 2026
Refunds Initiation July 27, 2026
Credit of Shares July 27, 2026
Listing Date July 28, 2026

Stay up-to-date with all IPO details. Do not miss any deadlines & avoid missed investment opportunities.

How to Apply

IPO Issue Structure

Reservation & Lot Size Details

The company reserved shares for various investor categories. The Retail Shares reservation is 35% of the net issue. The QIB reservation is 50% of the net issue. Further, the minimum lot size for retail buyers is 2 lots. The anchor investor reservation is 0% as no separate anchor portion is announced. The market maker reservation is 3,28,000 shares.

IPO Reservation

QIB 30,72,000 (49.87%)
Anchor Investor 18,40,000
QIB (Ex. Anchor) 12,32,000
NII (HNI) 9,28,000 (15.06%)
bNII > ₹10L 6,17,600
sNII < ₹10L 3,10,400
Retail 21,60,000 (35.00%)
Employee –
Shareholder –
Market Maker 3,28,000
Total 64,88,000 (100.00%)

IPO Lot Size

Retail (Min)
2 | 3,200 Shares
₹2,46,400
Small Investor Quota
Retail (Max)
2 | 3,200 Shares
₹2,46,400
Retail Investment Limit
S-HNI (Min)
3 | 4,800 Shares
₹3,69,600
Small HNI (₹2L – ₹10L)
S-HNI (Max)
8 | 12,800 Shares
₹9,85,600
Small HNI (Up to ₹10 L)
B-HNI (Min)
9 | 14,400 Shares
₹11,08,800
Big HNI (Above ₹10L)
Zerodha Apply Now Upstox Apply Now Angel One Apply Now

Tip: Determine your investment budget and your exact allotment chances based on your investor category.

Investment Guide

IPO Documents & GMP

Prospectus & Grey Market Premium

On March 31, 2026 the company filed its Draft Red Herring Prospectus. The Red Herring Prospectus is available to understand the business operations, financials, and the risks involved.

DRHP Document Draft Red Herring Prospectus

IPO GMP

Live

The Grey Market Premium indicates the extra price that people pay in the unofficial market. This value changes daily based on demand for the shares.

Track live GMP Today

Financial Performance (₹ in Cr)

Period Ended30 Sep 202531 Mar 202531 Mar 202431 Mar 2023
Total Income43.2275.6451.547.13
Profit After Tax5.289.034.261.26
EBITDA9.5716.087.292.57
Net Worth26.3317.47.723.46
Assets76.5665.133.6721.23
Total Debt–17.174.72.08

Key Performance Indicator

Particulars30 Sep 2025FY25FY24FY23
EBITDA Margin (%)–21.62––
PAT Margin (%)–12.14––
EPS (₹)–7.12––
ROE (%)–71.87––
ROCE (%)–31.88––
ROA (%)––––
Debt to Equity (x)–1.61––

IPO Financial Snapshot

Objectives & Key Metrics

IPO Objectives

Capital expenditure for Manufacturing Unit IV and upgradation ₹30.81 Cr.
Full or part repayment or prepayment of borrowings ₹6.72 Cr.
Total Fund Requirement ₹37.53 Cr.

IPO Key Metrics

Pre IPO EPS
7.07
Earnings Per Share
Post IPO EPS
5.16
Earnings Per Share
Pre IPO P/E
10.9
Price to Earnings
Post IPO P/E
14.94
Price to Earnings
Market Capitalization ₹184.68 Cr.
Insight: IPO objectives and KPIs provide measurable data to track the company’s real growth.
IPO KPIs

Metalic Technoforge Company Details

Company Profile · Overview

Metalic Technoforge Ltd. started its business in October 2016. The company operates in the industrial products sector. It manufactures closed-die forged products for domestic and global markets. It also makes precision-machined components for those clients. Its main office is in Rajkot. It serves various original equipment manufacturers every year. The firm employs 188 workers in various departments. Its leadership team has many years of industry experience. The company holds quality certificates for its manufacturing operations.

Main Offerings

Big and small forged rings
Ball studs and gear blanks
Coupling assemblies and precision gears
Critical components for tractors and machinery

Key Strengths

Strong in-house manufacturing infrastructure in Rajkot
Diverse client base across automotive and non-automotive sectors
Healthy order book of ₹24.47 crore as of March 2026
Consistent revenue growth over the past three fiscal years
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 You can contact the company via call or email. +91-9033332532 / investors@metalictechnoforge.com
Intermediaries
Registrar
Bigshare Services Pvt.Ltd
+91-8657578989
ipo@bigshareonline.com
Lead Manager
Smart Horizon Capital Advisors Pvt.Ltd.
Market Maker
RESERVATION 3,28,000 shares (agg. up to ₹2.53 Cr)
Pre-Issue
83.63%
Post-Issue
61.00%

Frequently Asked Questions

5 FAQs
What is the issue size of Metalic Technoforge IPO?

The total issue size of Metalic Technoforge IPO is ₹49.96 crore. The entire issue consists of fresh equity shares.

What is the price band for this SME IPO?

The price band is set between ₹72 and ₹77 per share. Investors can bid within this price range.

What is the lot size for retail investors?

The minimum lot size is 2 lots. This minimum application contains 3,200 shares worth ₹2,46,400 at the upper price limit.

When does the Metalic Technoforge IPO open and close?

The subscription period opens on July 21, 2026. The bidding process closes on July 23, 2026.

Who is the registrar of Metalic Technoforge IPO?

Bigshare Services Pvt.Ltd. is the official registrar. They manage the share allotment and refund process.

Sanjay Bambhaniya
Sanjay Bambhaniya
Sanjay has 8+ years of experience in data-driven IPO insights. His expertise in digital marketing and web development complements his financial knowledge and helps him to develop effective fintech solutions. He is an entrepreneur and director who helps investors understand complex primary market trends in easy-to-understand IPO reports, news, and updates.
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