| IPO Listing At | NSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹49.96 Cr |
| Reserved for Market Maker | ₹2.53 Cr |
| Net Issue Size | ₹49.96 Cr |
| Fresh Issue | ₹47.43 Cr |
| Face Value | ₹10 Per Equity Share |
| Price Band | ₹72.00-77.00 per share |
| Registrar | Bigshare Services Pvt.Ltd. |
| Lead Managers | Smart Horizon Capital Advisors... |
| Allotment Date (Tentative) | 24th Jul 2026 |
| DRHP |
| RHP |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
Minimum bid: 3,200 shares · Multiples of 1,600 shares
Metalic Technoforge IPO comprises a total issue size of 64,88,000 shares. The net offer to the public is 61,60,000 shares, after excluding 3,28,000 shares allotted on a firm basis. Of the Net offer 30,72,000 (49.87%) are allocated to QIB, 9,28,000 (15.06%) allocated to NII 21,60,000 (35.06%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 30,72,000 | 49.87% | 47.35% |
| − Anchor Investor Shares Offered | 18,40,000 | 28.36% | |
| − QIB (Ex. Anchor) Shares Offered | 12,32,000 | 18.99% | |
| NII (HNI) Shares Offered | 9,28,000 | 15.06% | 14.30% |
| − bNII > ₹10L | 6,17,600 | 9.52% | |
| − sNII < ₹10L | 3,10,400 | 4.78% | |
| Retail Shares Offered | 21,60,000 | 35.06% | 33.29% |
| Firm Reservations | |||
| Market Maker Shares Offered | 3,28,000 | 5.06% | |
| Total Shares Offered | 64,88,000 | 100.00% | 100.00% |
Incorporated in October 2016, Metalic Technoforge Ltd. manufactures closed-die forged and precision-machined components.
The company's product portfolio includes complex, safety-critical forged and precision-machined products such as big and small rings, ball studs, gear blanks with broaching, gears, coupling assemblies, and other critical components for various industries.
The company serves domestic and global OEMs across automotive and non-automotive sectors. Automotive OEMs include manufacturers of automobiles, tractors, and commercial vehicles. Non-automotive OEMs include manufacturers of agricultural equipment, hydraulic equipment, construction machinery, and general engineering products.
The company's manufacturing unit is situated in Rajkot, Gujarat.
As of March 01, 2026, the Company had an order book of approximately ₹ 2,447.06 lakhs.
As of February 28, 2026, the company had 188 personnel at its manufacturing units and registered office.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding of capital expenditure requirements of the Company towards setting up of the proposed Manufacturing Unit IV and upgradation of existing units at manufacturing facility in Rajkot, Gujarat | 30.81 |
| 2 | Full or part repayment and/or prepayment of certain outstanding secured borrowings availed by the Company. | 6.72 |
| 3 | General Corporate Purpose | |
| Total | 37.53 |
Metalic Technoforge Ltd.'s revenue increased by 30% and profit after tax (PAT) rose by 37% between the financial year ending with March 31, 2026 and March 31, 2025.
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 92.09 | 65.10 | 33.67 |
| Total Income | 97.98 | 75.64 | 51.50 |
| Profit After Tax | 12.36 | 9.03 | 4.26 |
| EBITDA | 21.95 | 16.08 | 7.29 |
| NET Worth | 33.42 | 17.40 | 7.72 |
| Reserves and Surplus | 15.92 | 16.40 | 7.37 |
| Total Borrowing | 31.78 | 27.97 | 10.81 |
| Amount in ₹ Crore | |||
| KPI | Mar 31, 2025 | Mar 31, 2026 |
|---|---|---|
| ROE | 71.87% | 48.66% |
| ROCE | 31.88% | 30.38% |
| Debt / Equity | 1.61% | 0.95% |
| RoNW | 51.88% | 37% |
| PAT Margin | 12.14% | 12.94% |
| EBITDA Margin | 21.62% | 22.97% |
| Price to Book Value | 7.52 | 4.03 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (₹) | 7.07 | 5.16 |
| P/E (x) | 10.9 | 14.94 |
| Promoter Holding | 83.63% | 61.00% |
| Market Cap | ₹184.68 Cr. | |