ICICI Securities Limited
BSE SME

Advance Technoforge Limited IPO

SME Upcoming
  • IPO Open Date
  • 27th Jul 2026
  • IPO Close Date
  • 29th Jul 2026
  • Allotment date
  • 30th Jul 2026
  • Listing date
  • 7th Mar 2026
  • Issue Size
  • ₹ 24 Cr.
  • Issue Price Band
  • ₹ 95 to 95
  • Lot Size
  • 1200 Share
  • Minimum Investment
  • ₹ 228000

Disclaimer: IPO details, GMP, subscription figures, and other related information are for informational purposes only and may not always be accurate or up to date. Please verify the latest details from official sources before investing.

About Advance Technoforge Limited

Incorporated in 2013, Advance Technoforge Limited (ATL) is engaged in the manufacturing and supplying of forged and precision-machined parts with coatings and treatments. The company serves industries such as automotive, valves, pumps, construction, and more.

With over 20 years of experience, ATL manufactures qualified product lines for global Original Equipment Manufacturers (OEMs) in the automotive, oil & gas, earth moving equipment, railway, and other sectors.

Key Products

  • Tow Hook Assembly: Robust component for securing vehicles, made from alloy steel with polished and plated finish, suitable for US electric SUVs.
  • Retainer Plate: Structural part used in material lifting equipment, crafted from durable carbon steel.
  • Cross Member: Provides support in material lifting equipment, made from carbon steel for stability under heavy loads.
  • Connecting Rod: Key part in automotive engines, designed from carbon steel to withstand high stress.
  • Boden (End Cap): Used in hydraulic applications, made from carbon steel for durability and effective sealing.

Workforce

As of February 24, 2025, the company had 136 employees engaged in manufacturing, marketing, administration, finance, legal, and other activities.

Competitive Strengths

  • Experienced promoters and senior management
  • Integrated manufacturing facility with diversified product portfolio
  • Large-scale manufacturing capabilities
  • Long-standing relationships with interested parties
Read More

IPO Subscription Details

Category Shares Offered Shares Applied Subscription Times (x)
Total 24,00,000 (100.00%) -- 0.00
Updated on 2026-07-24 06:05:20

Grey Market Premium (GMP)

GMP Date IPO Price GMP Estimated Listing Price Estimated Profit* Last Updated
23-07-2026 ₹95 ₹5.5 ₹100.5 ( 5.79% ) ₹6,600.00 23-Jul-2026 04:23 PM
22-07-2026 ₹95 ₹3.5 ₹98.5 ( 3.68% ) ₹4,200.00 22-Jul-2026 05:44 PM
Disclaimer: Grey Market Premium (GMP) is an unofficial market indicator provided for informational purposes only. It may change at any time and should not be considered investment advice or a guarantee of listing gains. Please evaluate company fundamentals, financials, valuation, and subscription data, and consult a SEBI-registered financial advisor before making any investment decision.

Financials of Advance Technoforge Limited

A quick overview of the key financial performance of Advance Technoforge Limited.

Total Assets (₹ Cr)

Revenue (₹ Cr)

Profit after Tax (₹ Cr)

*All values are in Rs. Cr

Company Financials

Revenue decreased by 1%, Profit after Tax (PAT) increased by 50%, Total Assets increased by 19% between FY2025 and FY2026.

Period Ended FY2024 FY2025 FY2026
Revenue 48.24 51.16 50.73
Assets 28.65 39.51 46.92
Profit After Tax 1.70 2.70 4.06
EBITDA 3.86 5.52 8.35
Net Worth 6.93 9.56 13.38
Reserves & Surplus 6.44 3.13 7.19
Total Borrowings 11.19 17.51 17.29
Amount in ₹ Crore

IPO Lot Size

Application Lots Shares Amount
Individual Investors (IND) (Min) 2 2,400 ₹ 2,28,000
Individual Investors (IND) (Max) 2 2,400 ₹ 2,28,000
S-HNI (Min) 3 3,600 ₹ 3,42,000
S-HNI (Max) 8 9,600 ₹ 9,12,000
B-HNI (Min) 9 10,800 ₹ 10,26,000

Key Performance Indicators (KPI)

KPI Latest
ROE (%) 30.33
ROCE (%) 22.52
Debt / Equity 1.29
RoNW (%) 30.33
PAT Margin (%) 8.11
EBITDA Margin (%) 16.69
Price to Book Value 4.61
Pre IPO
Post IPO
EPS (₹)
6.24
4.49
P/E (x)
15.22
21.16
Promoter Holding (%)
100
71.99
Market Cap 85.78
Disclaimer: KPI values are based on information disclosed in the IPO prospectus and are provided for informational purposes only.

IPO Lead Manager(s)

Lead Manager Details

  • Sun Capital Advisory Services Private Limited

IPO Registrar

  • Registrar Name
  • KFin Technologies Limited
  • Phone
  • +91 40 6716 2222
  • Contact Person
  • Mr. M Murali Krishna
  • SEBI Registration Number
  • INR000000221
  • Address
  • Selenium Tower-B, Plot 31 & 32, Gachibowli, Financial District, Nanakramguda, Serilingampally, Hyderabad - 500032, Telangana, India

Company Contact Details

  • Company Name
  • Advance Technoforge Limited
  • Phone
  • +91 98253 68310
  • Contact Person
  • Ms. Payal Bansal, Company Secretary and Compliance Officer
  • Corporate Identity Number
  • U28111GJ2013PLC076316
  • Address
  • Sr. No. 121, Plot No. 1 to 6, At. & Po. Padavala Road, Opp. Eaterflow Piping System, Veraval Shapar, Lodhika, Rajkot, Gujarat - 360024, India

Advance Technoforge Limited FAQs

The Advance Technoforge Limited IPO is a SME IPO with a total issue size of ₹ 24 crores. The IPO price band is fixed at ₹95 to ₹ 95 per share, and the minimum lot size is 1200 Shares. The Advance Technoforge Limited IPO will open on 27th Jul 2026, and will close on 29th Jul 2026. KFin Technologies Limited has been appointed as the registrar for the issue. The equity shares are proposed to be listed on BSE SME.

The Advance Technoforge Limited IPO opens on 27th Jul 2026 and closes on 29th Jul 2026.

The Advance Technoforge Limited IPO lot size is 1200 Share, and the minimum amount required for application is ₹ 228000.

You can apply for the Advance Technoforge Limited IPO through your bank account using the ASBA facility or via your online trading and Demat account. To apply online, log in to your broker’s platform, select Advance Technoforge Limited IPO, enter the number of lots, choose your price within the price band, and submit the application. After submitting, approve the UPI mandate to block the required amount in your bank account. Once the IPO allotment is finalised, shares will be credited to your Demat account if allotted. If not allotted, the blocked amount will be released automatically.

The Advance Technoforge Limited IPO listing date is 7th Mar 2026.
Chat
Investkraft Assistant
Powered by AI
👋 Hi! Before we start, may I know your name?
Scroll Top ↑
WhatsApp
Subcribe - Investkraft Newsletter

Subscribe to our newsletter