Sensex
76,765.92 profit arw -69.86 (-0.09%)
Nifty
23,985.35 profit arw -10.60 (-0.04%)
Nasdaq
18,355.20 profit arw -497.09 (-2.64%)
logo img

GET IN TOUCH

GET IN TOUCH

Enter a 10 digit mobile number starting with 7, 8, or 9
Captcha verification code, enter the characters shown below

Company Contact Information
Advance Technoforge Ltd
Registered Office: Sr.No.121 Plot No.1-6 At.& Po., Padavala Rd Veraval Shapar, Rajkot - 360024, Gujarat
Phone: +91 98253 68310
Email: cs@advancetechforge.com
Website: www.advancetechforge.com/
Initial public issue of 25,29,600 equity shares of face value of Rs. 10 each ("Equity Shares") of Advance Technoforge Limited (the "Company" or "the Issuer") for cash at a price of Rs. 95.00 per equity share (including a premium of Rs. 85.00 per equity share) ("Issue Price") aggregating to Rs. 24.03 Crores comprising of fresh issue of 25,29,600 equity share ("the Issue") of which 1,29,600 equity shares aggregating to Rs. 1.23 Crores will be reserved for subscription by market maker ( "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e., Issue of 24,00,000 equity shares at the issue price aggregating to Rs. 22.80 Crores ( "Net Issue"). The issue and the net issue will constitute 28.01% and 26.58% of the post-issue paid-up equity share capital of the company. The Issue Price is Rs. 95.00 per equity share and the face value of the equity shares is Rs. 10 each and the issue price is 9.5 times of the face value. Minimum application size of 2,400 equity shares and in multiples of 1,200 equity shares thereafter.
IPO Details
Issue Money Payable On
Opens On Closes On Application Allotment
27-Jul-2026 29-Jul-2026 ₹ 95.00 ₹ 0.00
Minimum Application for shares in Nos
Minimum Application for shares in Nos : 2400.0 Further Multiples of : 1200.0
(₹)Cr. Lead Managers to the Issue
Project Cost 20.43 Sun Capital Advisory Services Pvt Ltd
Project Financed through Current Offer 24.03
Post Issue Equity Share Capital 9.03
Issue Price ₹95.00
Projects
Projects
Purchase and installation of machinery for manufacturing of precision machine components at the existing premises (including GST)
Part funding of working capital requirements
Repayment / Prepayment of all or certain of the company borrowings availed by its Company
General corporate purposes
Promoted By
Promoted By
Nilesh Shambhubhai Moliya
Pradipbhai Bhikhabhai Vora
Daxaben Nileshbhai Moliya
Listing At
Listing At
BSE - SME
Registrar to the Issue
Registrar to the Issue
KFin Technologies Ltd

INDIAN INDICES

Sensex

76,765.92 -69.86 (-0.09%)

Nifty

23,985.35 -10.60 (-0.04%)

GLOBAL INDICES

USD

NA

NASDAQ
HANG SENG

25,310.86 103.67(0.41%)