· SME · NSE
Price Band
₹72–77
Lot Size
1600 shares
Issue Size
₹50 Cr
Min. Investment
₹1,23,200
Indicative, updates through the day
Cap price plus current GMP: ₹83 — arithmetic, not a forecast
Subscription data will appear once bidding opens.
Metalic Technoforge IPO is an SME issue that listed on NSE on 28 July 2026. The issue price band is fixed at ₹72–₹77 per equity share with a minimum market lot size of 1600 shares, bringing the total issue size to ₹50 Cr. At the upper price band, the minimum retail application requires one lot amounting to ₹1,23,200.
The latest unlisted Grey Market Premium (GMP) for Metalic Technoforge IPO is quoted at ₹6, representing a premium of approximately 7.79% over the upper price band of ₹77. On a simple cap price plus GMP basis, the estimated opening price indicates a listing near ₹83, and informal quotes have risen over recent sessions. Please note that GMP is an unregulated sentiment indicator quoted by off-market dealers; it fluctuates based on supply-demand dynamics and does not constitute a guaranteed listing price. For historical accuracy studies, read our research on IPO GMP accuracy, or compare with live GMP quotes for all active IPOs.
The minimum investment for retail investors is one lot of 1600 shares (approx. ₹1,23,200 at the cut-off price). Applications must be submitted using ASBA via Net Banking or the UPI Mandate route through registered stockbrokers (Zerodha, Groww, Angel One, Upstox).
The official registrar appointed for this issue is Bigshare Services Pvt. Ltd., with the basis of allotment finalised on 24 July 2026 and listing completed on 28 July 2026. Once declared, you can check your allotment status on our IPO Allotment Checker using your PAN or Application Number. If you are not allotted shares, the ASBA block on your bank funds is automatically released by T+2 day.
Issue Price
₹77
Listed At
₹87
Current Price
₹83.05
Incorporated in October 2016, Metalic Technoforge Ltd. manufactures closed-die forged and precision-machined components. The company's product portfolio includes complex, safety-critical forged and precision-machined products such as big and small rings, ball studs, gear blanks with broaching, gears, coupling assemblies, and other critical components for various industries. The company serves domestic and global OEMs across automotive and non-automotive sectors. Automotive OEMs include manufacturers of automobiles, tractors, and commercial vehicles. Non-automotive OEMs include manufacturers of agricultural equipment, hydraulic equipment, construction machinery, and general engineering products. The company's manufacturing unit is situated in Rajkot, Gujarat. As of March 01, 2026, the Company had an order book of approximately ₹ 2,447.06 lakhs. As of February 28, 2026, the company had 188 personnel at its manufacturing units and registered office.
Metalic Technoforge IPO raises ₹14.17 crore from anchor investors. Metalic Technoforge IPO Anchor bid date is July 20, 2026.
| Category | Shares Offered | % |
|---|---|---|
| QIB | 30,72,000 | 49.87% |
| − Anchor Investor | 18,40,000 | 0% |
| − QIB (Ex. Anchor) | 12,32,000 | 0% |
| NII (HNI) | 9,28,000 | 15.06% |
| − bNII > ₹10L | 6,17,600 | 0% |
| − sNII < ₹10L | 3,10,400 | 0% |
| Retail | 21,60,000 | 35.06% |
| Market Maker | 3,28,000 | 0% |
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (IND) (Min) | 2 | 3200 | ₹2,46,400 |
| Individual investors (IND) (Max) | 2 | 3200 | ₹2,46,400 |
| S-HNI (Min) | 3 | 4800 | ₹3,69,600 |
| S-HNI (Max) | 8 | 12800 | ₹9,85,600 |
| B-HNI (Min) | 9 | 14400 | ₹11,08,800 |
EPS (Pre IPO)
7.07
EPS (Post IPO)
5.16
ROE
51.88%
P/E (Pre IPO)
10.9
P/E (Post IPO)
14.94
Price / Book
7.52
Market Cap
₹135Cr.
| Company | P/E | ROE | Revenue |
|---|---|---|---|
| Shayona Engineering Ltd. | 17.03 | ₹14.86 Cr | |
| Munish Forge Ltd. | 11.89 | ₹73.92 Cr | |
| KVS Castings Ltd. | 11.65 | ₹27.83 Cr | |
| Swastika Castal Ltd. | 14.8 | ₹14.07 Cr |
Metalic Technoforge Ltd. Address
Bigshare Services Pvt. Ltd.