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Forge Auto International IPO Surges to 45.85x Subscription on Day 3 – Discover the Full Details!

Forge Auto International IPO saw strong Day 3 demand, being subscribed 45.85 times, reflecting substantial investor confidence and a positive outlook for the company's potential in the automotive sector.
Forge Auto International IPO Surges to 45.85x Subscription on Day 3 – Discover the Full Details!

Forge Auto International IPO witnessed considerable demand on Day 3, with the issue being subscribed 45.85 times. This notable subscription rate signifies robust investor confidence in the company’s potential within the automotive sector, indicating a positive reception as the IPO progresses.

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Forge Auto International Limited IPO Subscription Status

Forge Auto International IPO attracted considerable attention on Day 2, achieving a subscription rate of 9.87 times. This robust interest underscores the market’s strong belief in the company’s potential and growth prospects in the automotive industry.

How to check Forge Auto International IPO Subscription Status?

Steps to check Forge Auto International Limited IPO subscription status on NSE

Following are the steps to check it through the NSE website

  • Visit NSE‘s official website.
  • Navigate to the ‘Market Data’ tab.
  • Choose ‘IPO’.
  • Select the ‘Forge Auto International Limited IPO’ to check its subscription status.
  • Opt for either NSE Bid details or Consolidated Bid details.
  • Explore the total number of bids received from various investors. 

Forge Auto International Limited IPO Allotment Status

The allotment date for the Forge Auto International Limited IPO is set for October 1, with shares priced from ₹102 to ₹108 per share and a face value of ₹10. The offering consists of lots of 1200 shares, with bids accepted for these lots or their multiples.

Forge Auto International Limited IPO Listing Date 

Forge Auto International Limited IPO is expected to be listed on the NSE SME on October 4, 2024.

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