Forge Auto International Limited
₹1,29,600(1,200 Shares)
Minimum Investment
IPO Dates
Sep 26, 2024 – Sep 30, 2024
Price Band
₹102–108 per equity share
Lot Size
1200
Listing
Oct 4, 2024
Listing At
NSE SME
Forge Auto International Limited Live Subscription Details
All IPOsAll Live IPOsOverall Subscription
Total Bids Received
49.35x
Forge Auto International Limited IPO Issue Details
- Issue Price
- ₹102-108 Per Equity Share
- Face Value
- ₹10 Per Equity Share
- Fresh Share
- 28,80,000 shares(aggregating up to ₹31.1 crore)
- Listing At
- NSE SME
- Listing Date
- Oct 4, 2024
- Registrar
- Bigshare Services Pvt Ltd
Reservation Details
Shares Offered
4,10,400
Shares Offered
5,47,200
Shares Offered
8,18,400
Shares Offered
1,46,400
Company Information
Incorporated in 2001, Forge Auto International Limited is an engineering company that forges and manufactures complex, safety-critical, forged, and precision-machined components for the auto industry ...
Valuations
EPS (Pre-IPO)
6.17
EPS (Post-IPO)
4.42
P/E (Pre-IPO)
17.5
P/E (Post-IPO)
24.42
RoNW
32.14%
PAT Margin
3.71%
P/B Value
4.17
Objectives of the Issue
- 1To meet Working Capital requirements
- 2Repayment of specific borrowing availed by the Company
- 3General Corporate Purpose
Forge Auto International Limited – Promoter(s)
Contact Details
Corporate Office
Village Mangarh, KoharaMachhiwara Road, Ludhiana,-, 141001
Forge Auto International Limited Allotment & Registrar Details
Check AllotmentBigshare Services Pvt Ltd
Forge Auto International Limited IPO Documents
Frequently Asked Questions — Forge Auto International Limited IPO
The Forge Auto International Limited IPO price band is set at ₹102.00 to ₹108.00 per equity share.
The lot size for Forge Auto International Limited IPO is 1200 shares per lot. The minimum investment amount is approximately ₹1,29,600.
The Forge Auto International Limited IPO opens on Sep 26, 2024 and closes on Sep 30, 2024.
Forge Auto International Limited IPO is expected to be listed on Oct 4, 2024 on NSE SME.
The current GMP for Forge Auto International Limited IPO is ₹14, suggesting an expected listing price of around ₹116.00. Note: GMP is an unofficial market indicator.
The registrar for Forge Auto International Limited IPO is Bigshare Services Pvt Ltd. You can contact them at ipo@bigshareonline.com.
