Advance Technoforge IPO - GMP, Subscription, Price, Dates & Financial Details
Advance Technoforge IPO is set to open its Initial Public Offering (IPO) for subscription on July 27, 2026. According to the Red Herring Prospectus (RHP), the IPO is a fixed price issue with a total issue size of ₹24 Crore, comprising a fresh issue of 25.30 Lakh equity shares aggregating to ₹24.03 Crore.
The Advance Technoforge IPO will open for subscription on July 27, 2026, and close on July 29, 2026. The basis of allotment is expected to be finalized on July 30, 2026, while the shares are tentatively scheduled to be listed on BSE SME Platform on August 03, 2026.
The company has fixed the price at ₹95 per share, with a lot size of 1200 shares. Retail investors will require a minimum investment of ₹228,000 (based on the upper price band) to apply for one lot.
KFin Technologies Limited is the registrar to the issue. Sun Capital Advisory Services (P) Ltd are the Book Running Lead Managers (BRLMs) to the issue.
Before investing in the Advance Technoforge IPO, investors should carefully review the company's financial performance, business model, IPO objectives, and risk factors disclosed in the offer documents. Investors should also ensure that they submit their applications before the subscription window closes on July 29, 2026.
- Issue Price
- ₹ 95
- Lot Size
- 1200
- Issue Size
- ₹24.03 Cr
- Minimum Investment
- ₹ 228,000 (2400 Shares)
- Listing Date
- 03 August 2026
Current GMP
₹9 (+9.47%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
About Advance Technoforge Limited
Advance Technoforge Limited (ATL), incorporated in 2013, is a leading manufacturer and supplier of forged and precision-machined components with advanced surface coatings and treatments. The company serves a diverse range of industries, including automotive, oil & gas, valves, pumps, construction equipment, material handling, earthmoving machinery, and railways.
Backed by over 20 years of industry experience, ATL specializes in manufacturing high-quality engineered components that meet stringent international quality standards. The company supplies its products to global Original Equipment Manufacturers (OEMs) across the automotive, oil & gas, earthmoving equipment, railway, and other industrial sectors.
Product Portfolio
- Tow Hook Assembly: A high-strength alloy steel component designed for vehicle recovery and towing applications. It features a polished and plated finish and is specifically engineered for use in U.S. electric SUVs.
- Retainer Plate: A precision-engineered carbon steel component used in material lifting equipment, offering superior strength, durability, and operational reliability.
- Cross Member: A structural carbon steel component that provides essential support and stability in material handling and lifting equipment, ensuring dependable performance under heavy loads.
- Connecting Rod: A critical automotive engine component manufactured from high-grade carbon steel, designed to withstand high mechanical stress while delivering optimal engine performance.
- Boden (End Cap): A carbon steel component used in hydraulic systems, providing effective sealing, durability, and reliable performance in demanding hydraulic applications.
As of 24 February 2025, Advance Technoforge Limited employed 136 personnel across its manufacturing, marketing, administration, finance, legal, and other support functions, enabling the company to maintain efficient operations and deliver high-quality products to its global customer base.
Advance Technoforge IPO Promoters
- Nilesh Shambhubhai Moliya
- Pradipbhai Bhikhabhai Vora
- Daxaben Nileshbhai Moliya
- Kajal Alpesbhai Moliya
Promoters Holding
Holding Pre Issue
100.00%
Holding Post Issue
71.99%
Advance Technoforge IPO Objective
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Purchase and installation of machinery for manufacturing of precision machine components at the Existing Premises (Including GST)
- Part Funding of working capital requirements
- General Corporate purposes
Advance Technoforge Limited Address / Contact Details
Advance Technoforge Ltd.
Sr. No.121, Plot No.1 to 6, At& Po. Padavala Road,
Opp. Eaterflow Piping System,
Veraval Shapar, Lodhika
Rajkot, Gujarat, 360024
Tel: +91 9825368310
Email:cs@advancetechforge.com
Website:https://www.advancetechforge.com/
IPO Snapshot
Book Running Lead Managers
- Sun Capital Advisory Services (P) Ltd
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.
What is the Advance Technoforge IPO?
Advance Technoforge IPO is a Fixed price IPO with a total issue size of ₹24.03 crore. The Advance Technoforge IPO price band is ₹95 to 95 per share. The Advance Technoforge IPO subscription opens on Mon, Jul 27, 2026, and closes on Wed, Jul 29, 2026. The Advance Technoforge IPO will be listed on the BSE. KFin Technologies Limited is the registrar for the Advance Technoforge IPO.
When will the Advance Technoforge IPO open for subscription?
The Advance Technoforge IPO opens on Mon, Jul 27, 2026 and closes on Wed, Jul 29, 2026
What is Advance Technoforge IPO Price Band?
Advance Technoforge IPO Price Band is ₹95 to 95 per share.
What is Advance Technoforge IPO Lot Size?
Advance Technoforge IPO lot size is 1200 shares, Retail investors need a minimum investment of ₹228000 based on the upper price band
What is the minimum investment for Advance Technoforge IPO?
The minimum investment for Advance Technoforge IPO is ₹228000, based on one lot of 1200 shares at the upper price band of ₹95 per share.
How to apply for Advance Technoforge IPO?
Investors can apply for the Advance Technoforge 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 Wed, Jul 29, 2026. The application amount remains blocked until the Advance Technoforge IPO allotment is finalized.
What is Advance Technoforge IPO Issue Size?
Advance Technoforge IPO issue size is ₹24.03 crores.
What is the Advance Technoforge IPO Allotment Date?
Advance Technoforge IPO allotment date is Thu, Jul 30, 2026.
Who is the Advance Technoforge IPO Registrar?
The registrar for Advance Technoforge IPO is KFin Technologies Limited. Investors can go to KFin Technologies Limited website to check Advance Technoforge IPO allotment status, refund processing, and other IPO-related information.
What is the Advance Technoforge IPO GMP?
The Advance Technoforge IPO GMP (Grey Market Premium) is ₹9 as of Sun, Jul 26, 2026. Based on the upper price band of ₹95 per share, the estimated Advance Technoforge IPO listing price is ₹104, indicating a potential listing gain of approximately 9.47% over the issue price.
Who is the Advance Technoforge IPO Lead Manager?
The book-running lead managers (BRLMs) for the Advance Technoforge IPO are . The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Advance Technoforge IPO Red Herring Prospectus (RHP).