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Munish Forge Ltd

Munish Forge Ltd

NSE SME · SME IPO
Listed NSE SME SME Live Chart
Issue Price
₹96
₹96
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹96
Based on GMP
Min. Investment
₹115,200
1 lot × 1200 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
30 Sep 2025
Close Date
03 Oct 2025
Allotment
09 Oct 2025
Listing Date
08 Oct 2025
Exchange
NSE SME
Price Band
₹96
Listing Price
See chart
Allotment Status
Price Band
₹96
Per share
Face Value
₹10 per share
 
Lot Size
1,200 Shares
per lot
Issue Size
77,00,400 shares (aggregating up to ₹73.92 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹115,200
1 lot
Pre-IPO Holding
1,77,13,863 shares
Promoters
Post-IPO Holding
2,40,70,263 shares
Promoters
P/E (Pre)
11.89x
 
P/E (Post)
16.16x
 
EPS (Pre)
₹8.07
 
EPS (Post)
₹5.94
 
UPI Deadline
2025-10-03
Mandate
Anchor AllotmentMon, 29 Sep 2025
Basis of AllotmentThu, 09 Oct 2025
Refund InitiationFri, 10 Oct 2025
Demat CreditFri, 10 Oct 2025
Listing DayWed, 08 Oct 2025
UPI Mandate Deadline2025-10-03
Sale TypeFresh Capital-cum-Offer for Sale
Market Maker Quota3,85,200 shares (aggregating up to ₹3.70 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota17.66% of Net Issue
Retail Quota41.19% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Munish Forge Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 03 Oct 2025.
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
385,200
6.2%
6.2%
₹3.70
QIB
Over 1.00x
3,656,400
₹35.10
NII / HNI
Over 1.00x
1,098,000
17.66%
17.66%
₹10.54
Retail
Over 1.00x
2,560,800
41.19%
41.19%
₹24.58
Total 1.00x
7,700,400
100% ₹73.92
IPO Shares Offered
Munish Forge Ltd IPO total issue size: ₹73.92 Cr. Retail: ₹24.58 Cr. QIB: ₹35.10 Cr. NII: ₹10.54 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
QIB 3,656,400 ₹35.10
47.48%
Market Maker 385,200 ₹3.70
6.20%
NII 1,098,000 ₹10.54
17.66%
Retail 2,560,800 ₹24.58
41.19%
Total 7,700,400 ₹73.92
100.00%
* Based on upper price band ₹96 per share
Basis of Allotment
QIB NII Retail Total
Ex. Anchor Anchor Total QIB Below ₹10L Above ₹10L Total NII
Allocation (shares) 1,098,000 2,560,800 3,658,800
Allotment price (₹) 96 96 96 96 96 96 96 96
No. of applications
No. of shares applied
Amount collected (₹Cr) ₹24.58 ₹24.58
Times subscribed 1 1 1 1
Shares allotted 1,098,000 2,560,800 3,658,800
No. of allottees
* Upper price band ₹96 · ** Anchor allotment excluded from public shares
Lot Size & Investment
Lot Size
1,200
Shares per Lot
Issue Price
₹96.00
Upper Band
Min Investment
₹115,200
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)22,400₹230,400
Retail (Max — 13 Lots)1315,600₹1,497,600
S-HNI (Min — 14 Lots)1416,800₹1,612,800
B-HNI (Min — 68 Lots)6881,600₹7,833,600
* Issue Price ₹96 × Lot Size 1,200 shares
IPO Schedule
Anchor
29 Sep 2025
✓ Done
IPO Open
30 Sep 2025
✓ Done
IPO Close
03 Oct 2025
✓ Done
Allotment
09 Oct 2025
✓ Done
Refunds
10 Oct 2025
✓ Done
Demat Credit
10 Oct 2025
✓ Done
Listing Day
08 Oct 2025
✓ Done
Munish Forge Ltd — Live Price LIVE
₹96.00
INR · NSE
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Issue ₹96.00 Live Price
About Munish Forge Ltd

Munish Forge Ltd is proposing an IPO on NSE SME under the SME category. Total issue: 77,00,400 shares (aggregating up to ₹73.92 Cr).

Opens 30 Sep 2025, closes 03 Oct 2025. Listing: 08 Oct 2025. Apply via ASBA or UPI.

Objects of the Issue
1
Object 1
2
Object 2
3
Object 3
4
Object 4
Munish Forge Ltd Financials (Amount in ₹ Crore)
Revenue from Operations
₹161.2
31 Mar 2023
₹161.6
31 Mar 2024
₹130.9
31 Dec 2024
Profit After Tax (PAT)
₹2.0
31 Mar 2023
₹4.4
31 Mar 2024
₹10.5
31 Dec 2024
Particulars31 Dec 202431 Mar 202431 Mar 2023
Revenue from Operations 130.93 161.58 161.18
EBITDA 24.36 11.43 9.14
Profit After Tax (PAT) 10.53 4.39 1.97
Net Worth 51.09 40.61 36.03
Total Assets 146.78 113.22 107.01
Reserves & Surplus 34.71 41.46 4.58
Borrowings 60.78 47.16 50.22
EBITDA Margin (%) 13.89%
PAT Margin (%) 8.15%
P/BV Ratio
2.34
RoE
21.22%
RoCE
16.44%
RoNW
26.50%
PAT Margin
8.15%
EBITDA Margin
13.89%
Debt/Equity
0.89
Issue Structure & Shareholding
Total Shares Offered77,00,400 (100.00%)
Net Offer to PublicN/A
Reserved for Market Maker3,85,200 shares (aggregating up to ₹3.70 Cr)
Pre-Issue Promoter Holding1,77,13,863 shares
Post-Issue Promoter Holding2,40,70,263 shares
P/BV Ratio2.34
RoE21.22%
RoCE16.44%
Debt / Equity0.89
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 Munish Forge Ltd IPO subscribed?

Munish Forge Ltd IPO is subscribed 1.00 times by Oct 03, 2025. 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 Munish Forge Ltd IPO retail subscription status?

The Munish Forge Ltd IPO retail category is subscribed 1.00 times as of 03 Oct 2025. The retail portion is oversubscribed.

How to subscribe Munish Forge Ltd IPO?

Subscribe via your broker app using ASBA or UPI. Opens 30 Sep 2025 and closes 03 Oct 2025. Min investment: ₹115,200 (1 lot = 1,200 shares). UPI mandate: 2025-10-03.

How many times Munish Forge Ltd IPO subscribed?

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

How to check Munish Forge Ltd IPO allotment?

Check allotment on the registrar website. Enter your PAN, application number or DP/Client ID. Allotment date: 09 Oct 2025. Refunds: on 10 Oct 2025.

When Munish Forge Ltd IPO will be listed?

The Munish Forge Ltd IPO listing date is 08 Oct 2025, Wednesday. Listed on: NSE SME. Issue price: ₹96. Estimated listing: ₹96. GMP: NIL.

When Munish Forge Ltd IPO close?

The Munish Forge Ltd IPO closes on 03 Oct 2025, Friday. UPI mandate: 2025-10-03. Allotment: 09 Oct 2025. Listing: 08 Oct 2025.