Forge Auto International IPO Subscription
The Forge Auto International IPO is a book build issue with a total issue size of ₹31.1 cr, comprising of fresh issue of 2880000 equity shares. Forge Auto International IPO opened for subscription on Sep 26, 2024 and closed on Sep 30, 2024. Forge Auto International IPO is set price band at ₹102 to ₹108 per share, with a lot size of 1200 shares. Minimum investment for Retail investors was ₹259,200.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Oct 01, 2024, and listed on the NSE on Oct 04, 2024.
Bigshare Services Pvt Ltd has been appointed as the registrar. Hem Securities Limited are the Book Running Lead Manager for the issue.
Before investing in the Forge Auto International IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
Current GMP
₹15 (+13.89%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
Forge Auto International IPO Subscription Details ( Mon, 30 Sep 24 01:24 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 547200 | 11013600 | 20.13x |
| Non-Institutional | 410400 | 24176400 | 58.91x |
| Retail Investors | 957600 | 59328000 | 61.95x |
| Total | 1915200 | 94518000 | 49.35x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Forge Auto International IPO is a Book-building IPO with a total issue size of ₹31.1 crore. The Forge Auto International IPO price band is ₹102 to 108 per share. The Forge Auto International IPO subscription opens on Thu, Sep 26, 2024, and closes on Mon, Sep 30, 2024. The Forge Auto International IPO will be listed on the NSE. Bigshare Services Pvt Ltd is the registrar for the Forge Auto International IPO.
The Forge Auto International IPO opens on Thu, Sep 26, 2024 and closes on Mon, Sep 30, 2024
Forge Auto International IPO Price Band is ₹102 to 108 per share.
Forge Auto International IPO lot size is 1200 shares, Retail investors need a minimum investment of ₹259200 based on the upper price band
The minimum investment for Forge Auto International IPO is ₹259200, based on one lot of 1200 shares at the upper price band of ₹108 per share.
Investors can apply for the Forge Auto International IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Mon, Sep 30, 2024. The application amount remains blocked until the Forge Auto International IPO allotment is finalized.
Forge Auto International IPO issue size is ₹31.1 crores.
Forge Auto International IPO allotment date is Wed, Jul 1, 2026.
The registrar for Forge Auto International IPO is Bigshare Services Pvt Ltd. Investors can go to Bigshare Services Pvt Ltd website to check Forge Auto International IPO allotment status, refund processing, and other IPO-related information.
The Forge Auto International IPO GMP (Grey Market Premium) is ₹15 as of Fri, Oct 4, 2024. Based on the upper price band of ₹108 per share, the estimated Forge Auto International IPO listing price is ₹123, indicating a potential listing gain of approximately 0% over the issue price.