When will I know if shares are allotted to me?

Allotment status is usually finalized a few days after the IPO closes. Once finalized, shares are either credited to your Demat account (if allotted) or the blocked funds are released back to your bank account.

Can I modify or cancel my IPO application?

Yes, you can modify or cancel your IPO application anytime before the IPO closing date. Changes can be made through your Alice Blue account, subject to exchange cut-off timings.

What happens if the IPO is oversubscribed?

If the IPO receives more applications than the number of shares available, it is considered oversubscribed. In such cases, allotment in the retail category is done on a proportionate or lottery basis, and not all applicants may receive shares.

Metalic Technoforge Ltd

Complete IPO details, including price band, financials, subscription status, and key insights.

Participate in the Metalic Technoforge Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.

Apply for IPO

IPO Snapshot

Key metrics and details at a glance.

Price Band

₹77

Per Share

Lot Size

1600 Shares

Minimum Investment

₹1,23,200

Issue Size

₹49.96 Cr

Face Value

₹10

Per Share

IPO Type

Book Building - SME

Retail Quota

35.07%

QIB Quota

49.87%

NII Quota

15.06%

IPO Timeline

Important dates for your applying strategy.

IPO Opens21 Jul

IPO Closes23 Jul

Basis of Allotment24 Jul

Refund Initiation24 Jul

Shares Credited27 Jul

Metalic Technoforge Ltd

Business model, operations, and market positioning.

Promoter Holding (Pre-Issue)

83.62%

Promoter Holding (Post-Issue)

61%

Issue Type

Book Building - SME

ISIN

INE1II801013

About the Company

Incorporated in 2016, our Company is engaged in the business of manufacturing of closed die forged and precisionmachined components. Our product portfolio comprises a wide range of complex and safety critical forged and precisionmachined products, including big rings, small rings, ball studs, gear blanks with broaching, gears, coupling assemblies and other critical components catering to diverse end-use industries. We primarily serve domestic and global original equipment manufacturers ("OEMs") across automotive and non-automotive industries. In automotive sector, our OEM customers include manufacturers of automobiles, tractors and commercial vehicles, and in non-automotive sector, our OEM customers include manufacturers of agricultural equipment, hydraulic equipment, construction machinery and general engineering products.

Company History

Our Company was originally incorporated under the name "Metalic Technoforge Private Limited" under the provisions of the Companies Act, 2013 vide Certificate of Incorporation dated October 04, 2016, issued by the Deputy Registrar of Companies, Central Registration Centre. Subsequently the status of the Company was changed to public limited and the name of our Company was changed to "Metalic Technoforge Limited" vide Special Resolution passed by the Shareholders at the Extra Ordinary General Meeting of our Company held on July 03, 2025. The fresh certificate of incorporation consequent to conversion was issued on August 06, 2025 by Registrar of Companies, Central Processing Centre. The Corporate Identification Number of our Company is U28999GJ2016PLC093975.

Financial Performance

Revenue, profit after tax and total assets across the last 3 reported financial years.

Standalone figures

Revenue GrowthProfit After Tax (PAT)Total Assets

Revenue

+87.9%vs FY24

Amount in ₹ crore

Objects of the Issue

How the company plans to utilize IPO proceeds.

Use of Proceeds

The funds raised through this IPO will be used for:

Initial public offer of 64,88,000 equity shares of face value of Rs.10/- each (the "Equity Shares") of Metalic Technoforge Limited ("the Company" or "Metalic" or "the Issuer") at an issue price of Rs. 77 per equity share including a share premium of Rs. 67 per equity share (the "Issue Price") aggregating to Rs. 49.96 Crores ("the Issue"), of which 3,28,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 77 per equity share including a share premium of Rs. 67 per equity share aggregating to Rs. 2.53 Crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e., Net issue of 61,60,000 equity shares of face value of Rs. 10/- each at a price of Rs. 77 per equity share including a share premium of Rs. 67 per equity share aggregating to Rs. 47.43 Crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 27.05% and 25.68% respectively of the post issue paid up equity share capital of the company. Price Band: Rs. 77 per equity share of face value of Rs. 10/- each. The floor price is 7.7 times the face value of the equity shares. Bids can be made for a minimum of 3200 equity shares and in multiples of 1600 equity shares thereafter.

*Subject to approvals and market conditions.

Strengths & Risks

Key competitive advantages and factors to consider before investing.

StrengthsRisk Factors

Our Manufacturing facility.
Diversified product portfolio.
Quality Assurance and Control.

Frequently Asked Questions

What is the minimum investment required to apply for this IPO?

The minimum investment depends on the lot size and the upper price band of the issue. Investors must apply for at least one lot, and the total investment amount is calculated by multiplying the lot size by the upper price band.

How is IPO allotment decided?

IPO allotment is determined based on demand and SEBI guidelines. If the IPO is oversubscribed in the retail category, allotment is typically done through a computerized lottery system to ensure fair distribution among eligible applicants.

Metalic Technoforge Ltd

Business model, operations, and market positioning.