Advance Technoforge
· SME · BSE
Issue Price
₹95
Lot Size
1200 shares
Issue Size
₹24 Cr
Min. Investment
₹2,28,000
Grey Market Premium
Last unofficial quote before listing
Cap price plus current GMP: ₹99 — arithmetic, not a forecast
Subscription Status
Category-wise subscription figures aren't available for this issue.
Advance TechnoforgeIPO: Overview & Key Facts
Advance Technoforge IPO is an SME issue that listed on BSE on 3 August 2026. The issue price is ₹95 per equity share, with a market lot of 1,200 shares. The total issue size is ₹24 Cr. At the upper price band, the minimum application for an individual investor is 2 lots (2,400 shares), amounting to ₹2,28,000 — SME issues require individual investors to bid for at least two lots.
Advance Technoforge IPO GMP & Listing
The last grey market premium (GMP) reported for Advance Technoforge IPO before listing was ₹4, about 4.21% over the upper price band of ₹95, and informal quotes had eased over the sessions we recorded. The shares opened at ₹94 on listing day, 1.1% below the issue price of ₹95. GMP is an unofficial, unregulated indicator quoted by off-market dealers; it moves with supply and demand and is not a guaranteed listing price. For how often it has been right, read our research on IPO GMP accuracy.
Advance Technoforge IPO Allotment & Listing
The registrar for this issue is KFin Technologies Ltd.; the basis of allotment was finalised on 30 July 2026 and the shares listed on 3 August 2026. You can check your allotment status on our IPO Allotment Checker using your PAN or application number.
Listing Performance
Issue Price
₹95
Listed At
₹94
Current Price
₹89.3
Issue Objectives
- Purchase and installation of machinery for manufacturing of precision machine components at the Existing Premises (Including GST)
- Part Funding of working capital requirements
- Repayment / Prepayment of all or certain of borrowings availed by the Company
- General Corporate purposes
- Issue Expenses
Reservation
| Category | Shares Offered | % |
|---|---|---|
| NII (HNI) | 12,00,000 | 50% |
| Retail | 12,00,000 | 50% |
| Market Maker | 1,29,600 | 0% |
- NII (HNI)50.0%
- Retail50.0%
- Market Maker0.0%
Market Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (IND) (Min) | 2 | 2400 | ₹2,28,000 |
| Individual investors (IND) (Max) | 2 | 2400 | ₹2,28,000 |
| HNI (Min) | 3 | 3600 | ₹3,42,000 |
Financials (₹ Cr)
Valuations
EPS (Pre IPO)
6.24
EPS (Post IPO)
4.49
ROE
30.33%
P/E (Pre IPO)
15.22
P/E (Post IPO)
21.16
Market Cap
₹61.75 Cr.
Contact Details
Advance Technoforge Ltd. Address
- 3600249825368310
- cs@advancetechforge.com
- https://www.advancetechforge.com/
Registrar Contact Details
KFin Technologies Ltd.
- +91 40 6716 2222
- einward.ris@kfintech.com
- https://kfintech.com
- Selenium Tower B, Plot 31-32, Financial District, Nanakramguda, Hyderabad – 500032
Frequently Asked Questions
Key Dates
- Open Date
- 27 Jul 2026
- Close Date
- 29 Jul 2026
- Basis of Allotment
- 30 Jul 2026
- Listing Date
- 03 Aug 2026
Issue Details
- Registrar
- KFin Technologies
- Exchange
- BSE