Metalic Technoforge Ltd IPO

Metalic Technoforge Ltd IPO

Incorporated in 2016, our Company is engaged in the business of manufacturing of closed die forged and precisionmachined components. Our product portfolio comprises a wide range of complex and safety critical forged and precisionmachined products, including big rings, small rings, ball studs, gear blanks with broaching, gears, coupling assemblies and other critical components catering to diverse end-use industries. We primarily serve domestic and global original equipment manufacturers (OEMs) across automotive and non-automotive industries. In automotive sector, our OEM customers include manufacturers of automobiles, tractors and commercial vehicles, and in non-automotive sector, our OEM customers include manufacturers of agricultural equipment, hydraulic equipment, construction machinery and general engineering products.

Metalic Technoforge Ltd IPO Details

Total Shares Offered

₹ 64,88,000

Offer to Public

TBA

Retail Max (Shares)

₹ 21,60,000

Pre Issue Promoters Holding

₹ 1,46,30,183

Exchange

NSE

Issue size

₹ 49.96 Cr

IPO Open Date

Jul 21, 2026

Close Date

Jul 23, 2026

Lot Size

3200

Min Investment

₹ 2,30,400

Issue Type

Book Building - SME

Listing Date

Jul 28, 2026

Metalic Technoforge Ltd IPO Dates

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Jul 21, 2026
Opening date
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Jul 23, 2026
Closing date
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Jul 24, 2026
Basis of Allotment
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Jul 24, 2026
Initiation of Refunds
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Jul 27, 2026
Credit of Shares
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Jul 28, 2026
Listing date

Details

SectorType
SectorCastings & Forgings
Sub SectorNA
Issue TypeBook Building - SME

Subscription Status

*Values are in Lakhs

Investor Type

QIB

NII

Retail

Employee

Total

Metalic Technoforge Ltd Financial Status

Income Statement

Particulars (In Rs. Crores)

Balance Sheet

Particulars (In Rs. Crores)
Particulars (in Rs. Crores)FY23FY22FY21
Revenue from operations22.0515.197.02
EBITDA26.4717.798.12
PAT12.369.034.26
Total Assets66.5739.2123.05
Share Capital17.501.000.35
Total Borrowings21.3918.875.31
Operating Activities (Net Cash)16.7811.635.36
Investing Activities (Net Cash)0.000.00-2.02
Financing Activities (Net Cash)21.3918.875.31
Net Cashflow0.360.320.33

About Metalic Technoforge Ltd

Our Company was originally incorporated under the name Metalic Technoforge Private Limited under the provisions of the Companies Act, 2013 vide Certificate of Incorporation dated October 04, 2016, issued by the Deputy Registrar of Companies, Central Registration Centre. Subsequently the status of the Company was changed to public limited and the name of our Company was changed to Metalic Technoforge Limited vide Special Resolution passed by the Shareholders at the Extra Ordinary General Meeting of our Company held on July 03, 2025. The fresh certificate of incorporation consequent to conversion was issued on August 06, 2025 by Registrar of Companies, Central Processing Centre. The Corporate Identification Number of our Company is U28999GJ2016PLC093975.

Incorporated in 2016, our Company is engaged in the business of manufacturing of closed die forged and precisionmachined components. Our product portfolio comprises a wide range of complex and safety critical forged and precisionmachined products, including big rings, small rings, ball studs, gear blanks with broaching, gears, coupling assemblies and other critical components catering to diverse end-use industries. We primarily serve domestic and global original equipment manufacturers (OEMs) across automotive and non-automotive industries. In automotive sector, our OEM customers include manufacturers of automobiles, tractors and commercial vehicles, and in non-automotive sector, our OEM customers include manufacturers of agricultural equipment, hydraulic equipment, construction machinery and general engineering products.

Peer Comparison:

  • Amic Forging Limited
  • Tirupati Forge Limited
  • Paramount Speciality Forgings Limited

Metalic Technoforge Ltd Key Points

Strengths

Our Manufacturing facility.

Diversified product portfolio.

Quality Assurance and Control.

Our Order Book.

Long-Standing Relationship with our customers.

Risk

The company is subject to various laws and extensive government regulations and if its fails to obtain, maintain or renew the company's statutory and regulatory licenses, permits and approvals required in the ordinary course of its business, including environmental, health and fire safety laws and other regulations, the company's business financial condition, results of operations and cash flows may be adversely affected.

The company's Promoter, Rupapara Jay Rameshbhai, was formerly associated with a partnership firm against which Goods and Services Tax proceedings are pending. Although he has retired from the partnership and has no present role in its affairs, any adverse developments in such proceedings may requires his participation in regulatory proceedings and may adversely affect his reputation and, consequently, the company's business, financial condition, results of operations and prospects.

A significant portion of the company's domestic revenue is derived from customers located in Gujarat, Maharashtra and Uttar Pradesh which accounted for 62.45%, 59.22%%, and 78.70% of its revenue from operations for the financial years ended March 31, 2026, 2025 and 2024, respectively. Any adverse developments in these regions may materially and adversely affect the company's business, financial condition, results of operations and cash flows.

Strategy

Investment in the proposed Manufacturing Unit IV and upgradation of existing units at manufacturing facility.

Reduce debt levels and improve Debt to Equity Ratio.

Enhancing our brand image.

Expand our business and geographical footprint.

How To Apply for Metalic Technoforge Ltd IPO Online?

Step 1:

Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.

Step 2:

From the list of open IPOs, select the IPO you want to invest.

Step 3:

Go through the IPO details like lot size, price band, about the company, etc.

Step 4:

Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.

Step 5:

Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.

FAQs on IPO (Initial Public Offering)

What is the issue size of the Metalic Technoforge Ltd IPO?

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Metalic Technoforge Ltd's IPO offers shares for up to 49.96 It begins on Jul 21, 2026 and ends on Jul 23, 2026.

What is the price of the Metalic Technoforge Ltd IPO?

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The price of Metalic Technoforge Ltd IPO ranges between ₹72 to ₹77 per share.

What are the open and close dates for the Metalic Technoforge Ltd IPO?

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The Metalic Technoforge Ltd IPO opens on Jul 21, 2026 and closes on Jul 23, 2026.

When will the Metalic Technoforge Ltd IPO be allotted?

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The allotment for the Metalic Technoforge Ltd IPO will be finalised on Jul 24, 2026. The shares will be listed on BSE and NSE on Jul 28, 2026.

What is the minimum lot size required for Metalic Technoforge Ltd IPO?

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The minimum lot size for Metalic Technoforge Ltd IPO is 3200 shares, priced between ₹72 to ₹77 per share.

What is the GMP of Metalic Technoforge Ltd IPO?

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The GMP (Grey Market Premium) of Metalic Technoforge Ltd IPO fluctuates based on market demand and sentiment.

How do you check the allotment status of Metalic Technoforge Ltd IPO?

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To check the allotment status of Metalic Technoforge Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

Where is the Metalic Technoforge Ltd IPO getting listed?

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The Metalic Technoforge Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Jul 21, 2026, and closes on Jul 23, 2026. The allotment is finalised on Jul 24, 2026.

How do you apply for the Metalic Technoforge Ltd IPO?

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To apply for the Metalic Technoforge Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.

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