✓
Open
21 Jul 2026
✓
Close
23 Jul 2026
3
Allotment
—
4
Listing
Tue, Jul 28, 2026T
Price Band
₹72 to ₹77
Issue Size
64,88,000 shares (agg. up to ₹50 Cr)
Lot Size
1,600 Shares
Listing Date
Tue, Jul 28, 2026T
Latest GMP
₹7.5
Est. Gain
9.74%
✦ AI Insight
GMP Trend
26-07-2026₹7.5Est. ₹84.5+9.74%
25-07-2026₹7.5Est. ₹84.5+9.74%
24-07-2026₹6Est. ₹83+7.79%
23-07-2026₹6Est. ₹83+7.79%
22-07-2026₹0Est. ₹77+0%
21-07-2026₹0Est. ₹77+0%
20-07-2026₹0Est. ₹77+0%
Live Subscription
| Category | Subscription (times) |
|---|---|
| QIB | 4.58x |
| NII | 17.07x |
| Retail | 7.00x |
| Total | 8.47x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 92.09 | 65.10 | 33.67 |
| Total Income | 97.98 | 75.64 | 51.50 |
| Profit After Tax | 12.36 | 9.03 | 4.26 |
| EBITDA | 21.95 | 16.08 | 7.29 |
| NET Worth | 33.42 | 17.40 | 7.72 |
| Reserves and Surplus | 15.92 | 16.40 | 7.37 |
| Total Borrowing | 31.78 | 27.97 | 10.81 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Merritronix Ltd. | SME | ₹70.03 Cr | ₹149 | 11.83 | ₹297.25 | +99.50% | ₹365.65 (+1.99%) |
| Adisoft Technologies Ltd. | SME | ₹74.10 Cr | ₹172 | 12.82 | ₹215.25 | +25.15% | ₹183.50 (+1.94%) |
| Highness Microelectronics Ltd. | SME | ₹21.67 Cr | ₹120 | 16.7 | ₹129.75 | +8.12% | ₹174.50 (+3.25%) |
| Tipco Engineering India Ltd. | SME | ₹60.55 Cr | ₹89 | 8.73 | ₹84.79 | -4.73% | ₹180.05 (-2.20%) |
| Gabion Technologies India Ltd. | SME | ₹29.16 Cr | ₹81 | 12.18 | ₹93.41 | +15.32% | ₹83.50 (+0.07%) |
| Admach Systems Ltd. | SME | ₹42.60 Cr | ₹239 | 19.56 | ₹200.75 | -16.00% | ₹386.65 (-5.00%) |
| Apollo Techno Industries Ltd. | SME | ₹47.96 Cr | ₹130 | 9.43 | ₹151.95 | +16.88% | ₹83.70 (-0.04%) |
| HRS Aluglaze Ltd. | SME | ₹50.92 Cr | ₹96 | 26.07 | ₹132.30 | +37.81% | ₹248.90 (-0.42%) |
| Purple Wave Infocom Ltd. | SME | ₹31.45 Cr | ₹126 | 9.33 | ₹130.50 | +3.57% | ₹129.80 (+2.08%) |
| Shining Tools Ltd. | SME | ₹17.10 Cr | ₹114 | 16.18 | ₹98.80 | -13.33% | ₹74.00 (-1.73%) |
| True Colors Ltd. | SME | ₹127.96 Cr | ₹191 | 14.66 | ₹183.05 | -4.16% | ₹155.25 (-1.74%) |
| L.T.Elevator Ltd. | SME | ₹39.37 Cr | ₹78 | 12.31 | ₹142.90 | +83.21% | ₹250.00 (-0.46%) |
| Airfloa Rail Technology Ltd. | SME | ₹91.10 Cr | ₹140 | 9.57 | ₹279.30 | +99.50% | ₹330.15 (-0.05%) |
| Taurian MPS Ltd. | SME | ₹42.53 Cr | ₹171 | 11.29 | ₹220.50 | +28.95% | ₹376.00 (+8.33%) |
| Omnitech Engineering Ltd. | Mainboard | ₹583.00 Cr | ₹227 | 54.47 | ₹204.93 | -9.72% | ₹612.00 (+3.07%) |
| Epack Prefab Technologies Ltd. | Mainboard | ₹504.00 Cr | ₹204 | 29.49 | ₹190.66 | -6.54% | ₹251.92 (+3.70%) |
| Aditya Infotech Ltd. | Mainboard | ₹1,300.00 Cr | ₹675 | 21.09 | ₹1,082.65 | +60.39% | ₹3,543.40 (-2.20%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding of capital expenditure requirements of the Company towards setting up of the proposed Manufacturing Unit IV and upgradation of existing units at manufacturing facility in Rajkot, Gujarat | 30.81 |
| 2 | Full or part repayment and/or prepayment of certain outstanding secured borrowings availed by the Company. | 6.72 |
| 3 | General Corporate Purpose | |
| Total | 37.53 |
About Metalic Technoforge IPO
Incorporated in October 2016, Metalic Technoforge Ltd. manufactures closed-die forged and precision-machined components. The company's product portfolio includes complex, safety-critical forged and precision-machined products such as big and small rings, ball studs, gear blanks with broaching, gears, coupling assemblies, and other critical components for various industries. The company serves domestic and global OEMs across automotive and non-automotive sectors. Automotive OEMs include manufacturers of automobiles, tractors, and commercial vehicles. Non-automotive OEMs include manufacturers of agricultural equipment, hydraulic equipment, construction machinery, and general engineering products. The company's manufacturing unit is situated in Rajkot, Gujarat. As of March 01, 2026, the Company had an order book of approximately ₹ 2,447.06 lakhs. As of February 28, 2026, the company had 188 personnel at its manufacturing units and registered office.+ Read More
Contact Details
Metalic Technoforge Ltd. AddressSr. No.-129/1 P4(New Survey no. 296), Plot No.-5&6Padavala Main Road, Opp. Electric Power House, KotVillagePadavala, Veraval (Shapar), Kotda SanghaniRajkot, Gujarat, 360024+91- 9033332532investors@metalictechnoforge.comVisit Website