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Metalic Technoforge IPO

Metalic Technoforge IPO is an SME issue scheduled to open for subscription on — and closed on —.

Price Band
TBA
GMP
Subscription
Listing

Overview

Metalic Technoforge IPO is an SME issue scheduled to open for subscription on — and closed on —.

IPO Details

Metalic Technoforge IPO is a Small and Medium Enterprise (SME) initial public offering scheduled to open for subscription on NSE SME. The issue has a price band of TBA per equity share with a lot size of TBA shares, translating to a minimum retail investment of TBA.

The issue size is yet to be confirmed, and subscription dates are yet to be announced. Allotment is expected on and the equity shares are scheduled to list on .

Type
SME
Status
upcoming
Price band
TBA
Face value
₹10 (typical)
Lot size
Min investment (Retail)
TBA
Issue size
Fresh issue
OFS
₹0 Cr
Exchange
NSE SME
ISIN
TBA

Market Lot

Market lot details will be available once the price band and lot size are finalised in the Red Herring Prospectus.

IPO Reservation

Per SEBI guidelines, Metalic Technoforge IPO reserves shares across investor categories as follows. Final allotment percentages may vary slightly based on the final issue document.

Category% ReservedNotes
QIBUp to 50%Mutual funds, FIIs, banks
NII / HNIUp to 15%Bids ≥ ₹2 lakh
RetailAt least 35%Bids up to ₹2 lakh

Important Dates

  1. Issue Open
    · Subscription opens
  2. Issue Close
    · Subscription closes
  3. Allotment
    · Basis of allotment finalised
  4. Refunds Initiated
    · Funds released for non-allottees
  5. Listing Date
    · Shares debut on the exchange

Grey Market Premium

Grey Market Premium for Metalic Technoforge is yet to be tracked. We update GMP from multiple grey market sources during the subscription window. Bookmark this page and check IPO GMP Today for live updates.

Subscription Status

Metalic Technoforge IPO subscription tracking will go live once the subscription window opens. Category-wise data (Retail / NII / QIB / Employee) will be available on IPO Subscription Status.

Allotment Status

Metalic Technoforge IPO allotment will be finalised by the registrar (Bigshare Services) on . Check your allotment status using your PAN, application number, or DP ID via our allotment status checker or directly on the registrar's website.

If allotment fails, the blocked funds via ASBA / UPI mandate are released back within 24-48 hours. Applying through multiple demat accounts in family members' names improves chances on oversubscribed IPOs.

About Metalic Technoforge

Metalic Technoforge Limited, incorporated in October 2016, manufactures closed-die forged and precision-machined components for industrial customer segments. Closed-die forging is a precision-manufacturing process where heated metal is shaped under high pressure using die-cavity moulds — producing high-strength components with consistent dimensions for safety-critical and high-load applications. Indian closed-die forging demand serves multiple customer segments — automotive (engine + transmission + driveline components), industrial machinery (gears, shafts, hubs), oil & gas (high-pressure valve + flange components), construction equipment, and defence (small-arms + munitions components). Each sub-segment has distinct competitive dynamics, but closed-die forging operators with multi-sector customer mix typically capture diversified-revenue stability. The NSE SME IPO is structured as 100% fresh issue of up to 0.65 crore equity shares. DRHP filed with NSE Emerge on 1 April 2026. BRLM Smart Horizon Capital Advisors + registrar Bigshare Services indicate SME book-build setup.

Promoter & Holding Pattern

The promoter and promoter group hold the majority stake in Metalic Technoforge prior to the IPO. Post-listing, this percentage will reduce as new equity shares are issued to the public. Detailed pre-IPO and post-IPO promoter holding data will be updated once the Red Herring Prospectus is finalised with SEBI.

Objects of the Issue

Metalic Technoforge IPO proceeds will be utilised across the following objectives, as disclosed in the Red Herring Prospectus:

PurposeAmount (₹ Cr)% of Issue
100% fresh issue — capacity expansion for closed-die forging + precision machining capabilities (exact split per RHP)100.00%

Financial Performance

Metalic Technoforge's three-year financials — revenue, PAT, assets, net worth — will be displayed here based on audited numbers from the Red Herring Prospectus. Year-on-year growth, EBITDA margins, debt-to-equity progression, and RoNW together form the basis for valuation comparison.

Valuation Snapshot

Key valuation metrics for Metalic Technoforge — RoE, RoCE, EBITDA margin, PAT margin, debt-to-equity, EPS, P/E ratio, RoNW, NAV — will be updated based on FY25 numbers from the Red Herring Prospectus.

Peer Comparison

Listed peers in the Industrial sector with key valuation metrics:

CompanyEPS (₹)P/E RatioRoNW (%)NAV (₹)Income (₹ Cr)
Bharat Forge
Ramkrishna Forgings
MM Forgings

Anchor Investors

Anchor investor bidding for Metalic Technoforge typically opens one working day before the issue opens to the public. Anchor investors — mutual funds, FIIs, sovereign wealth funds, and insurance companies — collectively subscribe to a portion of the QIB segment. Their participation signals institutional confidence. Anchor list and total amount will be updated once SEBI publishes the anchor filing.

Lead Managers (Merchant Bankers)

  • Smart Horizon Capital Advisors

IPO Registrar

The registrar processes all bid applications, finalises the basis of allotment, manages refunds, and credits allotted shares to successful applicants' demat accounts.

Editorial Review

Metalic Technoforge has filed DRHP with NSE Emerge on 1 April 2026 for a 100% fresh-issue NSE SME IPO of up to 0.65 crore equity shares. As of publication, exact issue size in rupees, price band, dates, and detailed financials not surfaced in publicly fetched sources at depth. The business positioning is closed-die forging + precision machining for industrial customer segments. Closed-die forging is a precision-manufacturing process producing high-strength components for safety-critical and high-load applications. Customer base is typically diversified across automotive, industrial machinery, oil & gas, construction equipment, and defence — providing revenue-mix diversification. What's working: 100% fresh-issue structure means all proceeds reach operating business; closed-die forging + precision machining is a structurally defensible specialty-manufacturing category; customer base diversification across multiple industrial segments; recent DRHP filing positions for market-window timing. What's concerning: NSE SME structural liquidity constraints; substantial public-data gap on issue size, price band, dates, financials; competitive pressure from mainboard forging leaders Bharat Forge, Ramkrishna Forgings, MM Forgings at vastly larger scale with broader OEM relationships; steel-input commodity-pricing exposure creates margin volatility; capex-intensity vs SME issue size. Neutral pre-RHP. Closed-die forging is a structurally defensible specialty manufacturing category, but the substantial public-data gap + competitive pressure from larger mainboard peers + commodity-input pricing exposure require RHP-level disclosure for sizing decisions. Wait for RHP with issue size, price band, customer-concentration, and financial granularity. Sizing modest given NSE SME structural constraints.

How to Apply for Metalic Technoforge IPO

  1. Open broker app — Zerodha, Upstox, Angel One, Groww, 5paisa, ICICI Direct, or any other SEBI-registered broker. Navigate to the IPO section.
  2. Select Metalic Technoforge IPO during the bidding window ().
  3. Enter bid details — minimum TBA shares per lot. Retail investors are recommended to bid at cut-off price (upper band).
  4. Submit UPI ID linked to a SEBI-approved bank.
  5. Approve UPI mandate from your UPI app within the deadline. Bid amount is blocked, not debited.
  6. Await allotment on .
  7. Listing day — shares list on NSE SME on .

Risk Factors

1. NSE SME structural liquidity constraints. 2. Substantial public-data gap on issue size, price band, dates, financials. 3. Competitive pressure from mainboard forging leaders Bharat Forge, Ramkrishna Forgings, MM Forgings at vastly larger scale. 4. Steel-input commodity-pricing exposure creates margin volatility. 5. Forging capex-intensity vs NSE SME issue size may require follow-on capital.

Metalic Technoforge IPO — FAQs

What is Metalic Technoforge IPO?
Metalic Technoforge IPO is a Small and Medium Enterprise (SME) initial public offering listing on NSE SME. The issue opens on — and closes on — with a price band of TBA per share.
What is the Metalic Technoforge IPO price band?
The price band for Metalic Technoforge IPO is TBA per equity share of face value ₹10 (typical). Retail investors are recommended to bid at the upper band (cut-off price).
What is the Metalic Technoforge IPO lot size?
The minimum lot size for Metalic Technoforge IPO is TBA shares per application. Minimum retail investment at the upper price band works out to approximately TBA.
When is the Metalic Technoforge IPO opening date?
Metalic Technoforge IPO opens for subscription on — and closes on —.
When is the Metalic Technoforge IPO allotment date?
Basis of allotment is expected on —. Check your status on Bigshare Services's website using your PAN.
When is the Metalic Technoforge IPO listing date?
Metalic Technoforge shares are expected to list on NSE SME on —.
What is the GMP of Metalic Technoforge IPO?
GMP for Metalic Technoforge is not currently tracked.
Who is the registrar of Metalic Technoforge IPO?
Bigshare Services is handling allotment, refunds, and dematerialisation for Metalic Technoforge IPO.
How can I apply for Metalic Technoforge IPO?
Apply via any SEBI-registered broker (Zerodha, Upstox, Angel One, Groww, 5paisa, ICICI Direct) during the open window. Use UPI mandate or ASBA for fund blocking. Bid at cut-off for retail category.
What is the minimum investment?
Minimum retail investment is approximately TBA (1 lot × TBA shares at upper band).
Should I apply for Metalic Technoforge IPO?
Whether to apply depends on your goals, risk appetite, and the company's fundamentals. Review the RHP, compare valuation with peers, and consult a SEBI-registered advisor.
What happens if my allotment fails?
Bid amount blocked via UPI/ASBA is released back within 24-48 hours. Apply through multiple family demat accounts to improve odds on oversubscribed issues.

Information shown is for educational purposes and does not constitute investment advice. GMP values are unofficial estimates from informal grey market sources. Please read the offer document (Red Herring Prospectus) carefully before investing.

Data sourced from NSE, BSE, the issue's registrar, and public filings. BasicFintech is not affiliated with the issuing company, its underwriters, or the exchanges.

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