IPO Details

Metalic Technoforge Limited IPO

Metalic Technoforge Limited logo
SME IPO
₹1,15,200

Minimum Investment

Exchange Listed · NSE / BSESEBI Regulated Issue

About Company

Company Name: Metalic Technoforge Limited

Industry / Sector: Forging & Precision Machining (Closed-Die Forged Components)

Founded Year: 2016

Promoters: Gajipara Keyur Dhirajlal, Trambadiya Dhaval Vrajlal, Vadodariya Satish Rameshbhai, Kapadiya Vipul K, Rupapara Jay Rameshbhai, Gajipara Ronakkumar Mansukhbhai, Ekta Satish Vadodariya

Metalic Technoforge manufactures closed-die forged and precision-machined components such as rings, ball studs, gear blanks, gears, and coupling assemblies for automotive (cars, tractors, commercial vehicles) and non-automotive sectors (agricultural equipment, hydraulic, construction machinery, general engineering). The company serves domestic and global OEMs from its Rajkot facility.

IPO Basic Details

Company NameMetalic Technoforge Limited
IPO TypeSME IPO
Price Band₹72 – ₹77
Lot Size1600 Shares
Total Issue Size64,88,000 Equity Shares (₹50 Cr)

IPO Strengths & Risks

Strengths

  • Integrated manufacturing capabilities
  • Focus on safety-critical and high-precision components
  • Domestic and international OEM customer base
  • Order book visibility
  • Experienced promoters

Risks

  • Highly competitive and fragmented forging sector
  • Raw material price volatility
  • Execution risks on expansion
  • SME liquidity risks

IPO Important Dates

IPO Open Date21 Jul 2026
IPO Close Date23 Jul 2026
Basis of Allotment24 Jul 2026
Refund Initiation24 Jul 2026
Demat Credit Date27 Jul 2026
Listing Date28 Jul 2026
Anchor Investor Date-
UPI Mandate Deadline-

IPO Objectives

  • Capital expenditure for machinery and equipment – -
  • Funding working capital requirements – -
  • Debt repayment – -
  • General corporate purposes – Balance Amount

Investor Reservation

QIB Quota49.87% of Net Issue
Retail Quota35.06% of Net Issue
HNI Quota-
Employee Quota-
Shareholder Quota-
Anchor Investor Allocation-

Market Lot Details

ApplicationLot SizeSharesAmount
Retail Minimum2 Lots3200₹2,46,400
Retail Maximum---
S-HNI Minimum3 Lots4800₹3,69,600
S-HNI Maximum---
B-HNI Minimum9 Lots14400₹11,08,800

Key Performance Indicators (KPI)

ROE48.66% (Mar 2026)
ROCE30.38% (Mar 2026)
RoNW-
PAT Margin12.94% (Mar 2026)
EBITDA Margin22.97% (Mar 2026)
EPS7.07 (Pre-IPO)
NAV per share-
Debt to Equity0.95 (Mar 2026)
P/E Ratio-
Industry P/E-

Company Financial Data

PeriodAssetsTotal IncomePATEBITDANet WorthBorrowings
FY2026 (31 Mar 2026)₹92.09 Cr₹97.98 Cr₹12.36 Cr₹21.95 Cr₹33.42 Cr₹31.78 Cr
FY2025 (31 Mar 2025)₹65.10 Cr₹75.64 Cr₹9.03 Cr₹16.08 Cr₹17.40 Cr₹27.97 Cr
FY2024 (31 Mar 2024)₹33.67 Cr₹51.50 Cr₹4.26 Cr₹7.29 Cr₹7.72 Cr₹10.81 Cr

Grey Market Premium

GMP PriceNot Available
Kostak RateNot Available
Subject to SaudaNot Available
Last UpdatedJul 2026
Estimated Listing PriceTBA

IPO Subscription Data

Total SubscriptionPending
QIB (Ex Anchor)Pending
HNI SubscriptionPending
Retail SubscriptionPending
Anchor-

IPO Intermediaries

Registrar: Bigshare Services Pvt. Ltd.

Registrar Website: https://ipo.bigshareonline.com

IPO Lead Manager(s)

Smart Horizon Capital Advisors Pvt. Ltd.

Company Information

Address: Sr. No. 129/1 P4 (New Survey No. 296), Plot No. 5 & 6, Padavala Main Road, Opp. Electric Power House, Kot Village, Padavala, Veraval (Shapar), Kotda Sanghani, Rajkot, Gujarat - 360024

Website: https://www.metalictechnoforge.com/

Email: investors@metalictechnoforge.com

Phone: +91-9033332532

IPO Documents

Frequently Asked Questions (FAQ)

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