Metalic Technoforge IPO
Metalic Technoforge Ltd., founded in October 2016, is one of the leading manufacturers of closed-die forged and precision machined components. Its product range comprises safety-critical forged and precision-machined products, including big and small rings, ball studs, gear blanks with broaching, gears, coupling assemblies, and other critical components. Its products cater to national and international OEMs in various automotive and non-automotive sectors.
IPO GMP
+₹6
+8% expected gain
Price Band
₹72 - ₹77
Lot Size
3200 shares
Min Investment
₹2,46,400
Listing Date
July 28, 2026
About Metalic Technoforge
Company overview, business, and key facts.
Metalic Technoforge Ltd., founded in October 2016, is one of the leading manufacturers of closed-die forged and precision machined components. Its product range comprises safety-critical forged and precision-machined products, including big and small rings, ball studs, gear blanks with broaching, gears, coupling assemblies, and other critical components. Its products cater to national and international OEMs in various automotive and non-automotive sectors.
In automotive OEMs, it includes automobiles, tractors, and commercial vehicles. Non-automotive OEMs include manufacturers of agricultural equipment, hydraulic equipment, construction machinery, and general engineering products. Its manufacturing facility is located in Rajkot, Gujarat. As of 2026, Metallic Technoforge had an order book of ₹2,447.06 lakhs.
Founded
2016
Headquarters
Rajkot, Gujarat
Website
https://www.metalictechnoforge/
IPO Details
Subscription Status
How many times each investor category has bid for the issue.
Strengths & Risks
Strengths
- Review: Neutral
Risks
Financials
Restated summary financials for the most recent periods.
Figures are indicative and restated for presentation.
Metalic Technoforge IPO Key Numbers
Calculated by IPOLyst from the published offer-document data. These are figures, not buy or sell calls.
Revenue growth, 2026
+29.5%
27.6% a year over the period
Profit growth, 2026
+36.9%
114.1% a year over the period
Profit margin (PAT)
12.6%
EBITDA margin 22.97%
ROE / ROCE
48.66% / 30.38%
As published in the offer document
Debt to equity
0.95
GMP-implied gain per lot
₹19,200
3200 shares on ₹2,46,400. GMP is unofficial.
What stands out
- Profit grew 36.9% in 2026.
Watch-outs
- 1 use-of-proceeds item(s) have no disclosed amount.
- GMP has fallen 25% from its peak of ₹8 to ₹6.
Scenarios apply today's grey market premium figures to the upper price band. They are illustrations, not predictions. GMP is unofficial and can be wrong.
Not yet available for this IPO: issue size, post-IPO share count (market cap and P/E not computable), published risk factors.
IPO Analysis SummaryAI-generated
A plain-language review of Metalic Technoforge's financials, valuation and demand, based only on the verified figures above. For information only. It does not recommend whether to apply.
Metalic Technoforge IPO Review
Analysis based on live GMP, subscription, and issue details.
As of today, Metalic Technoforge IPO is trading at a grey market premium (GMP) of +₹6 (+8% estimated listing gain), indicating positive market sentiment.
The IPO has been subscribed 8.47x overall — QIB: 4.58x, NII: 17.07x, Retail: 7x.
Metalic Technoforge IPO subscription has closed. The shares are expected to list on July 28, 2026.
The minimum investment required is ₹2,46,400 for 3200 shares (1 lot). Retail investors can apply at cut-off price for the best chance of allotment.
Key strengths include: Review: Neutral.
Disclaimer: IPO GMP is indicative and sourced from the grey market. This is not investment advice. Please consult a SEBI-registered advisor before investing.
Metalic Technoforge IPO — Frequently Asked Questions
What is Metalic Technoforge IPO GMP today?
Metalic Technoforge IPO GMP (grey market premium) today is +₹6, suggesting an estimated listing gain of +8%. GMP is indicative and subject to change.
What is the price band of Metalic Technoforge IPO?
The price band for Metalic Technoforge IPO is ₹72 - ₹77 with a lot size of 3200 shares. The minimum investment required is ₹2,46,400.
When is Metalic Technoforge IPO allotment date?
Metalic Technoforge IPO allotment is expected to be finalised on July 24, 2026. You can check your allotment status on the registrar's website (Bigshare Services Pvt. Ltd.) using your PAN number.
When will Metalic Technoforge IPO list on NSE/BSE?
Metalic Technoforge IPO is expected to list on NSE SME on July 28, 2026.
How to check Metalic Technoforge IPO allotment status?
To check Metalic Technoforge IPO allotment status, visit the registrar's website (Bigshare Services Pvt. Ltd.) and enter your PAN number, application number, or DP/Client ID. You can also check on the BSE IPO allotment page at https://www.bseindia.com/investors/appli_check.aspx.
Should I apply for Metalic Technoforge IPO?
Metalic Technoforge IPO has a GMP of +₹6. Before applying, review the company's financials, business model, issue structure (OFS vs fresh issue), and sector outlook. IPOLyst is not a SEBI-registered investment advisor — please consult a qualified financial advisor before investing.
What is the lot size of Metalic Technoforge IPO?
The lot size for Metalic Technoforge IPO is 3200 shares per lot. The minimum investment for retail investors is ₹2,46,400. Retail investors can apply for a maximum of 13 lots or up to ₹2 lakh, whichever is lower.