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Open
27 Jul 2026
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Close
29 Jul 2026
3
Allotment
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Listing
Mon, Aug 3, 2026
Price Band
₹95 per share
Issue Size
25,30,800 shares (agg. up to ₹24 Cr)
Lot Size
1,200 Shares
Listing Date
Mon, Aug 3, 2026
Latest GMP
₹4
Est. Gain
4.21%
✦ AI Insight
GMP Trend
03-08-2026₹4Est. ₹99+4.21%
02-08-2026₹4Est. ₹99+4.21%
01-08-2026₹4Est. ₹99+4.21%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.55x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 46.92 | 39.51 | 28.65 |
| Total Income | 50.73 | 51.16 | 48.24 |
| Profit After Tax | 4.06 | 2.70 | 1.70 |
| EBITDA | 8.35 | 5.52 | 3.86 |
| NET Worth | 13.38 | 9.56 | 6.93 |
| Reserves and Surplus | 7.19 | 3.13 | 6.44 |
| Total Borrowing | 17.29 | 17.51 | 11.19 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Millworks Technologies Ltd. | SME | ₹160.34 Cr | ₹331 | 11.4 | ₹660.30 | +99.49% | ₹1,121.65 |
| Apsis Aerocom Ltd. | SME | ₹35.77 Cr | ₹110 | 14.58 | ₹160.65 | +46.05% | ₹625.00 |
| Digilogic Systems Ltd. | SME | ₹81.00 Cr | ₹104 | 28.52 | ₹79.05 | -23.99% | ₹176.60 |
| Aequs Ltd. | Mainboard | ₹921.81 Cr | ₹124 | -74.71 | ₹151.29 | +22.01% | ₹231.90 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Purchase and installation of machinery for manufacturing of precision machine components at the Existing Premises (Including GST) | 7.19 |
| 2 | Part Funding of working capital requirements | 7.25 |
| 3 | Repayment / Prepayment of all or certain of borrowings availed by the Company | 2.40 |
| 4 | General Corporate purposes | 3.59 |
| 5 | Issue Expenses | 3.60 |
| Total | 24.03 |
About Advance Technoforge IPO
Updated on Aug 30, 2026
Contact Details
Advance Technoforge Ltd. AddressSr. No.121, Plot No.1 to 6, At& Po. Padavala RoadOpp. Eaterflow Piping SystemVeraval Shapar, LodhikaRajkot, Gujarat, 3600249825368310cs@advancetechforge.comVisit Website