Forge Auto International SME IPO Details, Financials, Valuation & Peers

Forge Auto International Limited is an engineering company specializing in forging and precision manufacturing of complex, safety-critical components for various industries. The company produces a diverse range of products, including large and small rings, ball studs, gear blanks, stub axle assemblies, and flange yokes, catering primarily to the automotive sector (commercial vehicles, tractors, and railways) as well as non-automotive industries like agriculture, hydraulic systems, and industrial tools. Established in 2001, the company has grown significantly, boasting a forging capacity of 20,000 MTs and machining capacity of 25 lakh units annually, with an extensive range of advanced machinery and testing equipment. Forge Auto International serves both domestic and international original equipment manufacturers (OEMs), exporting to several countries, including France, Germany, and the United States. The company has also diversified its product offerings into hydraulic components, castor wheels, and industrial goods to meet growing market demands.

Key Points:

• Business Scope: Engaged in the forging and manufacturing of critical components such as rings, ball studs, gear blanks, stub axle assemblies, and hydraulic parts.
• Industry Focus: Serves both the automotive sector (including vehicles, tractors, and railways) and non-automotive sectors (agriculture, industrial tools, hydraulic systems).
• Product Range: Includes automotive components (for light and heavy vehicles), agricultural and industrial parts, and safety-critical components like ball studs and gear blanks.
• Manufacturing Capacity: 20,000 MTs of forging capacity and 25 lakh units of machining capacity annually, using advanced machinery including CNCs, VMCs, and heat treatment furnaces.