1
Open
27 Jul 2026
2
Close
29 Jul 2026
3
Allotment
—
4
Listing
Mon, Aug 3, 2026T
Price Band
₹95 per share
Issue Size
25,29,600 shares (agg. up to ₹24 Cr)
Lot Size
1,200 Shares
Listing Date
Mon, Aug 3, 2026T
Latest GMP
₹9
Est. Gain
9.47%
✦ AI Insight
GMP Trend
26-07-2026₹9Est. ₹104+9.47%
25-07-2026₹9Est. ₹104+9.47%
24-07-2026₹9Est. ₹104+9.47%
23-07-2026₹5.5Est. ₹100.5+5.79%
22-07-2026₹3.5Est. ₹98.5+3.68%
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% | ₹764.30 (+4.99%) |
| Apsis Aerocom Ltd. | SME | ₹35.77 Cr | ₹110 | 14.58 | ₹160.65 | +46.05% | ₹425.95 (+2.00%) |
| Digilogic Systems Ltd. | SME | ₹81.00 Cr | ₹104 | 28.52 | ₹79.05 | -23.99% | ₹119.10 (-0.21%) |
| Aequs Ltd. | Mainboard | ₹921.81 Cr | ₹124 | -74.71 | ₹151.29 | +22.01% | ₹229.23 (+3.39%) |
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
Incorporated in 2013, Advance Technoforge Limited (ATL) is engaged in the manufacturing and supplying of the forged and precision machined parts with coatings and treatments, serving industries like automotive, valves, pumps, construction, and more. With 20+ years of experience the company manufactures the qualified product lines cto global original equipment manufacturers-OEMs in Automotive, oil and gas industries, earth moving equipment, Railway etc. Products: Tow Hook Assembly - A robust component designed for securing vehicles, made from alloy steel with a polished and plated finish, suitable for US electric SUVs. Retainer Plate - A structural part used in material lifting equipment, crafted from durable carbon steel for strength and reliability. Cross Member - Provides support in material lifting equipment, made from carbon steel to ensure stability and durability under heavy loads. Connecting Rod - A key part in automotive engines, designed from carbon steel to withstand high stress and provide optimal performance. Boden (End Cap) - Used in hydraulic applications, made from carbon steel for durability and effective sealing in hydraulic systems. As of 30 June 2026, the company
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