Forge Auto International Ltd IPO
Price Range
₹102 - ₹108
-
Min. Quantity
1,200 Shares
Closes on
30 September 2024
-
Min. investment
₹1,29,600
Forge Auto International Ltd IPO Timeline
| Event | Date |
|---|---|
| Forge Auto International Ltd IPO Opening Date | 26 September 2024 |
| Forge Auto International Ltd IPO Closing Date | 30 September 2024 |
| Basis of Allotment | 1 October 2024 |
| Initiation of Refunds | 3 October 2024 |
| Credit of Shares to Demat | 3 October 2024 |
| Forge Auto International Ltd IPO Listing Date | 4 October 2024 |
Forge Auto International Ltd IPO Details
| Forge Auto International Ltd IPO Date | 26 September 2024 to 30 September 2024 |
| Forge Auto International Ltd IPO Face Value | ₹10 per share |
| Forge Auto International Ltd IPO Price | ₹102 to ₹108 per share |
| Forge Auto International Ltd IPO Lot Size | 1,200 |
| Issue Size | Shares of ₹10 (aggregating up to ₹31.1 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹31.1 Cr) |
| Offer for Sale | - |
| Issue Type | Book Building - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Pramod Gupta, Rajan Mittal |
Forge Auto International Ltd IPO Lot Size
The Forge Auto International Ltd IPO lot size is 1,200 shares. A retail-individual investor can apply for up to 1 lots (1,200 shares or ₹1,29,600).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 1,200 | ₹1,29,600 |
| Maximum | 1 | 1,200 | ₹1,29,600 |
- Strengths
- Risks
- Opportunities
- Integrated manufacturing operations with diversified product portfolio.
- Long-standing relationship.
- Experienced Promoters and senior management team.
- Track record of healthy financial performance.
Company Financials
Forge Auto International Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2025 | 134.99 | 212.67 | 9.53 |
| 03-2024 | 94.94 | 170.84 | 6.46 |
| 03-2023 | 82.74 | 177.64 | 4.96 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- To meet working capital requirements
- Repayment of certain borrowings availed by the company in part or full
- General corporate purposes
Forge Auto International Ltd IPO Promoter Holding
| Pre Issue Share Holding | 45.92% |
| Post Issue Share Holding | 33.81% |
Forge Auto International Ltd IPO Subscription Status (Bidding Detail)
The Forge Auto International Ltd IPO is subscribed 0 times on 30 September 2024 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | - |
Forge Auto International Ltd IPO Prospectus
Forge Auto International Ltd IPO Listing Date
| BSE Script | |
| NSE Symbol | |
| Listing In | NSE - SME |
| ISIN | INE0YKW01013 |
| IPO Price | ₹- |
| Face Value | ₹- |
Company Contact Information
Village MangarhKohara Machhiwara Road,Ludhiana-141001
Phone: +91 89999 99195
Email: sm@aint.in
Website: www.failtd.com
Forge Auto International Ltd IPO Registrar
Forge Auto International Ltd IPO Lead Manager(s)
- Hem Securities Ltd
How to Check the Allotment Status of Forge Auto International Ltd IPO?
To check the IPO allotment status, follow these steps:
- Visit the official website of the IPO registrar.
- Navigate to the IPO Allotment Status page.
- Select “Forge Auto International Ltd” from the list of available IPOs.
- Enter any one of these - PAN Number, Application Number, DP/Client ID.
- Click on Submit to view your allotment status.
About Forge Auto International Ltd IPO
Forge Auto International Limited was originally formed as a Partnership Firm in the name and style of 'M/s Auto International' pursuant to Partnership Deed dated April 19, 2001. Later, the Firm was converted into a Private Company with the name Forge Auto International Private Limited' pursuant to a fresh Certificate of Incorporation dated April 25, 2023 issued by the Registrar of Companies, Chandigarh, Punjab. The Company subsequently converted into a Public Limited Company with the name Forge Auto International Limited' and a Fresh Certificate of Incorporation dated June 1, 2024 was issued by the Registrar of Companies, Central Processing Centre, Manesar, Gurgaon, Haryana.
FAQ
What is the issue size of Forge Auto International Ltd IPO?
I have pre-applied for Forge Auto International Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.