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Forge Auto International Ltd

Forge Auto International Ltd

NSE SME · SME IPO
Listed NSE SME SME Live Chart
Issue Price
₹108
₹108
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹108
Based on GMP
Min. Investment
₹129,600
1 lot × 1200 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
26 Sep 2024
Close Date
30 Sep 2024
Allotment
06 Oct 2024
Listing Date
04 Oct 2024
Exchange
NSE SME
Price Band
₹108
Listing Price
See chart
Allotment Status
Price Band
₹108
Per share
Face Value
₹10 per share
 
Lot Size
1,200 Shares
per lot
Issue Size
28,80,000 shares (aggregating up to ₹31.10 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹129,600
1 lot
Pre-IPO Holding
80,40,000 shares
Promoters
Post-IPO Holding
1,09,20,000 shares
Promoters
P/E (Pre)
12.98x
 
P/E (Post)
17.63x
 
EPS (Pre)
₹8.32
 
EPS (Post)
₹6.13
 
UPI Deadline
2024-09-30
Mandate
Anchor AllotmentWed, 25 Sep 2024
Basis of AllotmentSun, 06 Oct 2024
Refund InitiationMon, 07 Oct 2024
Demat CreditMon, 07 Oct 2024
Listing DayFri, 04 Oct 2024
UPI Mandate Deadline2024-09-30
Sale TypeFresh Capital
Net Offer to Public27,33,600 shares (aggregating up to ₹29.52 Cr)
Market Maker Quota1,46,400 shares (aggregating up to ₹1.58 Cr)
QIB Quota47.42% of Net Issue
HNI / NII Quota14.25% of Net Issue
Retail Quota33.25% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Forge Auto International Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 30 Sep 2024.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
146,400
5.08%
5.08%
₹1.58
QIB
Over 1.00x
1,365,600
47.42%
47.42%
₹14.75
NII / HNI
Over 1.00x
410,400
14.25%
14.25%
₹4.43
Retail
Over 1.00x
957,600
33.25%
33.25%
₹10.34
Total 1.00x
2,880,000
100% ₹31.10
IPO Shares Offered
Forge Auto International Ltd IPO total issue size: ₹31.10 Cr. Retail: ₹10.34 Cr. QIB: ₹14.75 Cr. NII: ₹4.43 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
QIB 1,365,600 ₹14.75
47.42%
Market Maker 146,400 ₹1.58
5.08%
NII 410,400 ₹4.43
14.25%
Retail 957,600 ₹10.34
33.25%
Total 2,880,000 ₹31.10
100.00%
* Based on upper price band ₹108 per share
Basis of Allotment
QIB NII Retail Total
Ex. Anchor Anchor Total QIB Below ₹10L Above ₹10L Total NII
Allocation (shares) 410,400 957,600 1,368,000
Allotment price (₹) 108 108 108 108 108 108 108 108
No. of applications
No. of shares applied
Amount collected (₹Cr) ₹10.34 ₹10.34
Times subscribed 1 1 1 1
Shares allotted 410,400 957,600 1,368,000
No. of allottees
* Upper price band ₹108 · ** Anchor allotment excluded from public shares
Lot Size & Investment
Lot Size
1,200
Shares per Lot
Issue Price
₹108.00
Upper Band
Min Investment
₹129,600
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)22,400₹259,200
Retail (Max — 13 Lots)1315,600₹1,684,800
S-HNI (Min — 14 Lots)1416,800₹1,814,400
B-HNI (Min — 68 Lots)6881,600₹8,812,800
* Issue Price ₹108 × Lot Size 1,200 shares
IPO Schedule
Anchor
25 Sep 2024
✓ Done
IPO Open
26 Sep 2024
✓ Done
IPO Close
30 Sep 2024
✓ Done
Allotment
06 Oct 2024
✓ Done
Refunds
07 Oct 2024
✓ Done
Demat Credit
07 Oct 2024
✓ Done
Listing Day
04 Oct 2024
✓ Done
Forge Auto International Ltd — Live Price LIVE
₹108.00
INR · NSE
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Issue ₹108.00 Live Price
About Forge Auto International Ltd

Forge Auto International Ltd is proposing an IPO on NSE SME under the SME category. Total issue: 28,80,000 shares (aggregating up to ₹31.10 Cr).

Opens 26 Sep 2024, closes 30 Sep 2024. Listing: 04 Oct 2024. Apply via ASBA or UPI.

Objects of the Issue
1
Object 1
2
Object 2
3
Object 3
Forge Auto International Ltd Financials (Amount in ₹ Lakhs)
Revenue from Operations
₹13,400.3
31 Mar 2022
₹17,764.4
31 Mar 2023
₹18,157.3
31 Mar 2024
Profit After Tax (PAT)
₹264.3
31 Mar 2022
₹496.3
31 Mar 2023
₹668.9
31 Mar 2024
Particulars31 Mar 202431 Mar 202331 Mar 2022
Revenue from Operations 18157.30 17764.43 13400.28
EBITDA N/A N/A N/A
Profit After Tax (PAT) 668.88 496.29 264.34
Net Worth 2020.88 1660.35 1367.73
Total Assets 10148.67 8274.29 5677.94
Reserves & Surplus 1276.88 N/A N/A
Borrowings 4046.00 3183.20 2620.16
EBITDA Margin (%) N/A
PAT Margin (%) 3.71%
P/BV Ratio
4.17
RoE
35.76%
RoCE
17.60%
RoNW
32.14%
PAT Margin
3.71%
Debt/Equity
1.94
Issue Structure & Shareholding
Total Shares Offered28,80,000 (100.00%)
Net Offer to Public27,33,600 shares (aggregating up to ₹29.52 Cr)
Reserved for Market Maker1,46,400 shares (aggregating up to ₹1.58 Cr)
Pre-Issue Promoter Holding80,40,000 shares
Post-Issue Promoter Holding1,09,20,000 shares
P/BV Ratio4.17
RoE35.76%
RoCE17.60%
Debt / Equity1.94
Script CodeN/A
Registrar & Lead Managers
Will be available once DRHP is filed.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Forge Auto International Ltd IPO subscribed?

Forge Auto International Ltd IPO is subscribed 1.00 times by Sep 30, 2024. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Forge Auto International Ltd IPO retail subscription status?

The Forge Auto International Ltd IPO retail category is subscribed 1.00 times as of 30 Sep 2024. The retail portion is oversubscribed.

How to subscribe Forge Auto International Ltd IPO?

Subscribe via your broker app using ASBA or UPI. Opens 26 Sep 2024 and closes 30 Sep 2024. Min investment: ₹129,600 (1 lot = 1,200 shares). UPI mandate: 2024-09-30.

How many times Forge Auto International Ltd IPO subscribed?

The Forge Auto International Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Forge Auto International Ltd IPO allotment?

Check allotment on the registrar website. Enter your PAN, application number or DP/Client ID. Allotment date: 06 Oct 2024. Refunds: on 07 Oct 2024.

When Forge Auto International Ltd IPO will be listed?

The Forge Auto International Ltd IPO listing date is 04 Oct 2024, Friday. Listed on: NSE SME. Issue price: ₹108. Estimated listing: ₹108. GMP: NIL.

When Forge Auto International Ltd IPO close?

The Forge Auto International Ltd IPO closes on 30 Sep 2024, Monday. UPI mandate: 2024-09-30. Allotment: 06 Oct 2024. Listing: 04 Oct 2024.