Munish Forge Limited

Munish Forge Limited IPO

NSE SMEClosed
Check Allotment
Sep 30, 2025Open Date
Oct 3, 2025Close Date
TBAAllotment Date
Oct 8, 2025Listing Date

Subscription Details

View Subscription Details
QIB / NII0.00x
Retail2.66x

Overall Subscription

Total Bids Received

3.53x

Updated: 10 Jul, 06:09 pm

Munish Forge Limited IPO Issue Details

Issue Price₹91-96 Per Equity Share
Face Value₹10 Per Equity Share
Fresh Share63,56,400 shares(aggregating up to ₹61.02 crore)
Listing AtNSE SME
Listing DateOct 8, 2025
RegistrarSkyline Financial Services Private Ltd

Market Lot Details

CategoryLotsSharesAmount
Retail (Min)22,400-
Retail (Max)22,400-
sHNI (Min)33,600-
sHNI (Max)89,600-
bHNI (Min)910,800-

Reservation Details

CategoryShares Offered%
NII10,98,00015%
QIB14,62,80018%
Anchor21,93,60029%
Individual25,60,80033%
Market Maker3,85,2005%

Company Information

Established in July 1986, Munish Forge Limited produces components such as flanges, scaffolding, auto parts, tank tracks, bomb shells, fence posts, and steel accessories to customer and international ...

Financial Information (₹ in Crores)

MetricFY 24FY 24FY 23FY 22
Total Assets146.78113.22107.01121.41
Total Revenue130.93161.58161.18125.1
Profit After Tax10.534.391.971.43
Net Worth51.0940.6136.0334.11

* All figures are in ₹ Crores unless otherwise stated.

Objectives of the Issue

  1. 1Capital expenditure towards Civil construction and Purchase of additional Plant & Machinery
  2. 2Repayment/Pre-payment of Certain Debt Facilities
  3. 3Working Capital Requirements
  4. 4General Corporate Purposes

Munish Forge Limited – Promoter(s)

Mr. Davinder Bhasin
Mr. Dev Arjun Bhasin
Ms. Minakshi Bhasin
Munish Promoters
Developers Private Limited
Dev Arjuna Enterprises Private Limited.

Contact Details

Corporate Office

Village-Gobindgarh, Adj. Phase-VII, Focal Point, Ludhiana, Punjab, 141010

+91 94177 30280

cs@munishforge.com

Visit Website

Registrar Contact

Skyline Financial Services Private Ltd

02228511022

ipo@skylinerta.com

Visit Website

Munish Forge Limited IPO Documents

DRHP

Frequently Asked Questions — Munish Forge Limited IPO

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