Forge Auto International Limited

Forge Auto International Limited IPO

NSE SMEClosed
Sep 26, 2024Open Date
Sep 30, 2024Close Date
TBAAllotment Date
Oct 4, 2024Listing Date

Subscription Details

View Subscription Details
Retail61.95x
QIB / NII0.00x

Overall Subscription

Total Bids Received

49.35x

Updated: 10 Jul, 06:09 pm

Forge Auto International Limited IPO Issue Details

Issue Price₹102-108 Per Equity Share
Face Value₹10 Per Equity Share
Fresh Share28,80,000 shares(aggregating up to ₹31.1 crore)
Listing AtNSE SME
Listing DateOct 4, 2024
RegistrarBigshare Services Pvt Ltd

Reservation Details

CategoryShares Offered%
NII4,10,40014.25%
QIB5,47,20019%
Anchor8,18,40028.42%
Market Maker1,46,4005.08%

Company Information

Incorporated in 2001, Forge Auto International Limited is an engineering company that forges and manufactures complex, safety-critical, forged, and precision-machined components for the auto industry ...

Valuations

EPS (Pre-IPO)

6.17

EPS (Post-IPO)

4.42

P/E (Pre-IPO)

17.5

P/E (Post-IPO)

24.42

RoNW

32.14%

PAT Margin

3.71%

P/B Value

4.17

Objectives of the Issue

  1. 1To meet Working Capital requirements
  2. 2Repayment of specific borrowing availed by the Company
  3. 3General Corporate Purpose

Forge Auto International Limited – Promoter(s)

Parmod Gupta
Rajan Mittal

Contact Details

Corporate Office

Village Mangarh, KoharaMachhiwara Road, Ludhiana,-, 141001

+91- 8999999195

sm@aint.in

Visit Website

Registrar Contact

Bigshare Services Pvt Ltd

+91-22-6263 8200

ipo@bigshareonline.com

Visit Website

Forge Auto International Limited IPO Documents

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