Munish Forge Limited

Munish Forge Limited

SMEClosed

IPO Dates

Sep 30, 2025 – Oct 3, 2025

Lot Size

1200

Listing

Oct 8, 2025

Listing At

NSE SME

Sep 30, 2025Open DateCompleted
Oct 3, 2025Close DateCompleted
TBAAllotment DateUpcoming
Oct 8, 2025Listing DateCompleted

Munish Forge Limited Live Subscription Details

All IPOs
QIB / NII0.00x
Retail2.66x

Overall Subscription

Total Bids Received

3.53x

Munish Forge Limited IPO Issue Details

Issue Price
₹91-96 Per Equity Share
Face Value
₹10 Per Equity Share
Fresh Share
63,56,400 shares(aggregating up to ₹61.02 crore)
Listing At
NSE SME
Listing Date
Oct 8, 2025
Registrar
Skyline Financial Services Private Ltd

Market Lot Details

CategoryLotsSharesAmount
Retail (Min)22,400-
Retail (Max)22,400-
sHNI (Min)33,600-
sHNI (Max)89,600-
bHNI (Min)910,800-

Reservation Details

NII15%

Shares Offered

10,98,000

QIB18%

Shares Offered

14,62,800

Anchor29%

Shares Offered

21,93,600

Individual33%

Shares Offered

25,60,800

Market Maker5%

Shares Offered

3,85,200

Company Information

Established in July 1986, Munish Forge Limited produces components such as flanges, scaffolding, auto parts, tank tracks, bomb shells, fence posts, and steel accessories to customer and international ...

Financial Information (₹ in Crores)

MetricFY 24FY 24FY 23FY 22
Total Assets146.78113.22107.01121.41
Total Revenue130.93161.58161.18125.1
Profit After Tax10.534.391.971.43
Net Worth51.0940.6136.0334.11

* All figures are in ₹ Crores unless otherwise stated.

Objectives of the Issue

  1. 1Capital expenditure towards Civil construction and Purchase of additional Plant & Machinery
  2. 2Repayment/Pre-payment of Certain Debt Facilities
  3. 3Working Capital Requirements
  4. 4General Corporate Purposes

Munish Forge Limited – Promoter(s)

Mr. Davinder Bhasin
Mr. Dev Arjun Bhasin
Ms. Minakshi Bhasin
Munish Promoters
Developers Private Limited
Dev Arjuna Enterprises Private Limited.

Contact Details

Corporate Office

Village-Gobindgarh, Adj. Phase-VII, Focal Point, Ludhiana, Punjab, 141010

+91 94177 30280

cs@munishforge.com

Visit Website

Munish Forge Limited Allotment & Registrar Details

Check Allotment

Skyline Financial Services Private Ltd

02228511022

ipo@skylinerta.com

Visit Registrar Website

Munish Forge Limited IPO Documents

Frequently Asked Questions — Munish Forge Limited IPO

The lot size for Munish Forge Limited IPO is 1200 shares per lot.

The Munish Forge Limited IPO opens on Sep 30, 2025 and closes on Oct 3, 2025.

Munish Forge Limited IPO is expected to be listed on Oct 8, 2025 on NSE SME.

The registrar for Munish Forge Limited IPO is Skyline Financial Services Private Ltd. You can contact them at ipo@skylinerta.com.

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