Advance Technoforge Ltd IPO Review 2026: Listing Dates, Allotment, GMP & Overview
Advance Technoforge IPO is a BSE SME Fixed Price IPO worth ₹24.03 crore. The issue consists entirely of a fresh issue of 25.30 lakh equity shares at a fixed issue price of ₹95 per share. The IPO opens on 27 July 2026 and closes on 29 July 2026. Shares are proposed to list on the BSE SME platform on 3 August 2026. The minimum retail investment is ₹2,28,000 (2 lots / 2,400 shares).
Advance Technoforge IPO Details
| Particulars | Details |
|---|---|
| IPO Opening Date | 27 July 2026 |
| IPO Closing Date | 29 July 2026 |
| Issue Size | ₹24.03 Crore |
| Issue Type | Fixed Price IPO (SME) |
| Fresh Issue | 25,29,600 Equity Shares (₹24.03 Crore) |
| Offer for Sale | Nil |
| Issue Price | ₹95 per Equity Share |
| Face Value | ₹10 per Share |
| Lot Size | 1,200 Shares |
| Minimum Retail Investment | ₹2,28,000 (2,400 Shares) |
| Listing Exchange | BSE SME |
| Book Running Lead Manager | Sun Capital Advisory Services Pvt. Ltd. |
| Registrar | Kfin Technologies Ltd. |
Advance Technoforge IPO Timeline
| Event | Date |
|---|---|
| IPO Opens | 27 July 2026 |
| IPO Closes | 29 July 2026 |
| Basis of Allotment | 30 July 2026 |
| Refund Initiation | 31 July 2026 |
| Credit of Shares | 31 July 2026 |
| Listing Date | 3 August 2026 |
Refer to DRHP for detailed information.
About Advance Technoforge Limited
Incorporated in 2013, Advance Technoforge Limited (ATL) is engaged in manufacturing and supplying forged and precision-machined components with specialized coatings and surface treatments for domestic and global OEMs.
The company serves industries including automotive, oil & gas, railways, construction equipment, valves, pumps, earthmoving equipment, hydraulic systems, and other engineering applications.
With more than 20 years of manufacturing experience, ATL delivers engineered products designed to meet stringent OEM quality standards, offering end-to-end manufacturing capabilities from forging to precision machining and finishing.
As of 24 February 2025, the company employed 136 personnel across manufacturing, marketing, administration, finance, legal, and other business functions.
Product Portfolio
- Tow Hook Assemblies for electric SUVs and commercial vehicles.
- Retainer Plates used in material lifting equipment.
- Cross Members for heavy-duty lifting and industrial equipment.
- Connecting Rods for automotive engine applications.
- Boden (End Caps) used in hydraulic systems.
- Forged and precision-machined components with customized coatings and treatments.
Industry Applications
- Automotive OEMs
- Oil & Gas Equipment
- Railway Components
- Construction & Earthmoving Equipment
- Hydraulic Equipment
- Industrial Valves & Pumps
- Heavy Engineering Applications
Competitive Strengths
- Integrated manufacturing capabilities in forging, machining, coating and finishing.
- Long-standing relationships with domestic and global OEM customers.
- Diversified product portfolio catering to multiple industrial sectors.
- Focus on high-quality precision-engineered components with stringent quality controls.
- Experienced management team with decades of engineering and manufacturing expertise.
- Ability to manufacture safety-critical and customized engineering components.
IPO Allotment & Application Status
Registrar: Kfin Technologies Ltd.
- BSE Bid Status: https://www.bseindia.com/investors/appli_check.aspx
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Frequently Asked Question (FAQ's):
When will Advance Technoforge IPO open?
The Advance Technoforge IPO opens for subscription on 27 July 2026 and closes on 29 July 2026.
What is the issue price of Advance Technoforge IPO?
The IPO is offered at a fixed issue price of ₹95 per equity share.
What is the IPO size?
The IPO comprises a fresh issue of ₹24.03 crore through the issue of 25.30 lakh equity shares.
What is the minimum investment for retail investors?
Retail investors need to apply for a minimum of 2,400 shares, requiring an investment of ₹2,28,000.
Is there any Offer for Sale (OFS)?
No. The IPO consists entirely of a fresh issue, with no Offer for Sale component.
What does Advance Technoforge manufacture?
The company manufactures forged and precision-machined components used in automotive, oil & gas, railway, construction, hydraulic, valve and pump industries.
Who is the registrar for the IPO?
Kfin Technologies Ltd. is the registrar to the issue.
Who is the lead manager?
Sun Capital Advisory Services Pvt. Ltd. is the Book Running Lead Manager.
Where will Advance Technoforge IPO be listed?
The equity shares are proposed to be listed on the BSE SME platform.
When is the listing date?
The tentative listing date is 3 August 2026.
Investor Education Hub: Everything You Need to Know About IPOs
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