Metalic Technoforge
· SME · NSE
Price Band
₹72–77
Lot Size
1600 shares
Issue Size
₹47.43 Cr
Min. Investment
₹1,23,200
Grey Market Premium
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Estimated listing price: ₹77
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About Metalic Technoforge
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.
Issue Objectives
- Funding of capital expenditure requirements of the Company towards setting up of the proposed Manufacturing Unit IV and upgradation of existing units at manufacturing facility in Rajkot, Gujarat
- Full or part repayment and/or prepayment of certain outstanding secured borrowings availed by the Company.
- General Corporate Purpose
Reservation
| 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% |
- QIB49.9%
- − Anchor Investor0.0%
- − QIB (Ex. Anchor)0.0%
- NII (HNI)15.1%
- − bNII > ₹10L0.0%
- − sNII < ₹10L0.0%
- Retail35.1%
- Market Maker0.0%
Market Lot Size
| 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 |
Financials (₹ Cr)
Valuations
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
₹184.68 Cr.
Peers Comparison
| Company | P/E | ROE | Revenue |
|---|---|---|---|
| Merritronix Ltd. | 11.83 | ₹70.03 Cr | |
| Adisoft Technologies Ltd. | 12.82 | ₹74.10 Cr | |
| Highness Microelectronics Ltd. | 16.7 | ₹21.67 Cr | |
| Tipco Engineering India Ltd. | 8.73 | ₹60.55 Cr | |
| Gabion Technologies India Ltd. | 12.18 | ₹29.16 Cr | |
| Admach Systems Ltd. | 19.56 | ₹42.60 Cr |
Contact Details
Metalic Technoforge Ltd. Address
- +91- 9033332532
- investors@metalictechnoforge.com
- https://www.metalictechnoforge/
Registrar Contact Details
Bigshare Services Pvt. Ltd.
- +91 22 6263 8200
- ipo@bigshareonline.com
- https://bigshareonline.com
- Office No. S6-2, 6th Floor, Pinnacle Business Park, Andheri East, Mumbai – 400093
Frequently Asked Questions
Key Dates
- Open Date
- 21 Jul 2026
- Close Date
- 23 Jul 2026
- Listing Date
- 28 Jul 2026
Issue Details
- Registrar
- Bigshare Services
- Lead Manager(s)
- Exchange
- NSE