Advance Technoforge SME IPO Details, Financials, Valuation & Peers
Explore Advance Technoforge SME IPO details, including IPO dates, financial statements, valuation, peer comparison and more.
Overview
Overview of Advance Technoforge Limited
Incorporated in 2013, Advance Technoforge Limited (ATL) specializes in the manufacturing and supply of forged and precision-machined parts, complete with various coatings and treatments. Leveraging over 20 years of industry experience, the company provides qualified product lines to global original equipment manufacturers (OEMs).
Core Products The company’s product portfolio includes:
- Tow Hook Assembly: Alloy steel components designed for US electric SUVs.
- Retainer Plate & Cross Member: Durable carbon steel parts utilized in material lifting equipment.
- Connecting Rod: High-stress carbon steel components for automotive engines.
- Boden (End Cap): Carbon steel parts for hydraulic sealing and systems.
Industry Focus ATL serves a diverse range of sectors, including automotive, oil and gas, valves, pumps, construction, earth-moving equipment, and railways. As of February 24, 2025, the company employs 136 staff members across its manufacturing, administrative, and technical operations.
Key Highlights
- Integrated Capabilities: The company operates an integrated manufacturing facility with large-scale production capacity and a diversified product portfolio.
- Proven Expertise: Backed by experienced promoters and senior management.
- Established Relationships: Maintains long-standing partnerships with key industry stakeholders.
- Global Reach: Provides high-quality engineering solutions to global OEMs.
IPO Docs
Objects of the Issue
- Purchase and installation of machinery for manufacturing of precision machine components at the Existing Premises (Including GST)
- Part Funding of working capital requirements
- General Corporate purposes
IPO Details
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | 27 Jul - 29 Jul 2026 |
| IPO Price Band | TBA |
| Fresh Issue | ₹22.80 crore |
| Offer For Sale | NIL |
| Total IPO Size | ₹24.03 crore |
| Face Value | ₹10 |
| Listing On | BSE SME |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 27 Jul 2026 |
| IPO Closing Date | 29 Jul 2026 |
| Basis Of Allotment | 30 Jul 2026 |
| Refunds | 31 Jul 2026 |
| Demat Transfer | 31 Jul 2026 |
| IPO Listing Date | 03 Aug 2026 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 | 30 Sep 2024 |
|---|---|---|---|---|
| Assets | 22.00 | 22.17 | 29.15 | 33.28 |
| Total Income | 31.56 | 37.91 | 48.24 | 26.01 |
| Profit After Tax | 0.40 | 0.75 | 1.70 | 1.35 |
| NET Worth | 4.47 | 5.22 | 6.93 | 8.28 |
| Reserves and Surplus | 3.98 | 4.73 | 6.44 | 1.78 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Peer Comparison
Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.
| Name | P/E | EPS | RoNW | NAV |
|---|---|---|---|---|
| Advance Technoforge Ltd. | 15.22 | 30.33% | 20.59 | |
| Forge Auto International Limited | 9.39 | 17% | 63.23 | |
| Tirupati Forge Limited | 93.56 | 5.24% | 10.53 |
* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.
IPO Reservation
| Investor Type | Shares Offered |
|---|---|
| Non-Institutional Investor (NII/HNI) | 12,00,000 |
| Retail Individual Investor (RII) | 12,00,000 |
Subscription Data from NSE and BSE
As the issue has not yet opened, subscription data is unavailable. However, you can view subscriptions for other ongoing issues here.
IPO Registrar
KFin Technologies Limited
Phone: +91 40 6716 2222/ 18003094001
Email: einward.ris@kfintech.com
Website: www.kfintech.com
Lead Managers
- 1Sun Capital Advisory Services Pvt.Ltd.
Company Address
Advance Technoforge Ltd.Sr. No.121, Plot No.1 to 6, At& Po. Padavala Road,
Opp. Eaterflow Piping System,
Veraval Shapar, Lodhika
Rajkot, Gujarat – 360024
Website: http://www.advancetechforge.com/
Phone: +91 9825368310
Email: cs@advancetechforge.com
FAQs
- What is the issue size of the Advance Technoforge SME IPO?The Advance Technoforge SME IPO has an issue size of ₹24.03 crore. This includes a fresh issue of ₹22.80 crore and an offer for sale (OFS) of NIL.
- What is the price band of the Advance Technoforge IPO?The price band for the Advance Technoforge IPO is yet to be announced.
- What are the bidding dates for the Advance Technoforge IPO?The Advance Technoforge IPO will open for bidding on 27 Jul 2026 and close on 29 Jul 2026.
- What is the allotment date for the Advance Technoforge IPO?The allotment date for the Advance Technoforge IPO is 30 Jul 2026.
- What is the minimum lot size and investment required for the Advance Technoforge IPO?The minimum lot size for the Advance Technoforge IPO is 1200 shares and the minimum investment required is ₹NaN.
- What is the listing date for the Advance Technoforge IPO?The listing date for the Advance Technoforge IPO is 03 Aug 2026.
- What is the Advance Technoforge IPO grey market premium?The grey market premium (GMP) for the Advance Technoforge IPO is currently at ₹0, with an expected listing gain of approximately 0%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.