Forge Auto International Limited

Forge Auto International Limited

SMEClosed

₹1,29,600(1,200 Shares)

Minimum Investment

Check Allotment

IPO Dates

Sep 26, 2024 – Sep 30, 2024

Price Band

₹102–108 per equity share

Lot Size

1200

Listing

Oct 4, 2024

Listing At

NSE SME

Sep 26, 2024Open DateCompleted
Sep 30, 2024Close DateCompleted
TBAAllotment DateUpcoming
Oct 4, 2024Listing DateCompleted

Forge Auto International Limited Live Subscription Details

All IPOs
Retail61.95x
QIB / NII0.00x

Overall Subscription

Total Bids Received

49.35x

Forge Auto International Limited IPO Issue Details

Issue Price
₹102-108 Per Equity Share
Face Value
₹10 Per Equity Share
Fresh Share
28,80,000 shares(aggregating up to ₹31.1 crore)
Listing At
NSE SME
Listing Date
Oct 4, 2024
Registrar
Bigshare Services Pvt Ltd

Market Lot Details

CategoryLotsSharesAmount
Retail (Min)11,200₹1,29,600
Retail (Max)11,200₹1,29,600
sHNI (Min)22,400₹2,59,200

Reservation Details

14.25%

NII

4.1L

19%

QIB

5.47L

28.42%

Anchor

8.18L

5.08%

Market Maker

1.46L

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

Forge Auto International Limited Allotment & Registrar Details

Check Allotment

Bigshare Services Pvt Ltd

+91-22-6263 8200

ipo@bigshareonline.com

Visit Registrar Website

Forge Auto International Limited IPO Documents

PDF
DRHP

Frequently Asked Questions — Forge Auto International Limited IPO

The Forge Auto International Limited IPO price band is set at ₹102.00 to ₹108.00 per equity share.

The lot size for Forge Auto International Limited IPO is 1200 shares per lot. The minimum investment amount is approximately ₹1,29,600.

The Forge Auto International Limited IPO opens on Sep 26, 2024 and closes on Sep 30, 2024.

Forge Auto International Limited IPO is expected to be listed on Oct 4, 2024 on NSE SME.

The current GMP for Forge Auto International Limited IPO is ₹14, suggesting an expected listing price of around ₹116.00. Note: GMP is an unofficial market indicator.

The registrar for Forge Auto International Limited IPO is Bigshare Services Pvt Ltd. You can contact them at ipo@bigshareonline.com.

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