The allotment status for the ₹49.96 crore Metalic Technoforge IPO is anticipated to be finalised today, July 24, 2026. Investors can check their IPO allotment status on the official websites of the NSE and the IPO registrar, Bigshare Services Private Limited.
Following the completion of the allotment process, the shares are tentatively scheduled to be listed on the NSE SME platform on July 28, 2026.
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[July 23, 2026, 7:00 PM]
|
Category |
Subscription (x) |
|
Qualified Institutional Buyers (QIBs) |
4.58x |
|
Non-Institutional Investors (NIIs) |
17.07x |
|
Retail Individual Investors (RIIs) |
7.00x |
|
Total |
8.47x |
The company proposes to utilise the net proceeds from the fresh issue for the following purposes:
Incorporated in 2016, Metalic Technoforge Limited manufactures closed-die forged and precision-machined components for domestic and global OEMs across the automotive and industrial sectors. Its product portfolio includes rings, ball studs, gear blanks, gears, coupling assemblies, and other safety-critical components used in automobiles, tractors, commercial vehicles, agricultural equipment, and construction machinery.
The company operates four manufacturing units in Rajkot, Gujarat, with three currently operational. It has steadily expanded its manufacturing capacity and invested in advanced forging, CNC machining, and precision inspection equipment.
|
Particulars |
FY26 (in ₹ crore) |
FY25 (in ₹ crore) |
FY24 (in ₹ crore) |
|
Revenue from Operations |
95.54 |
74.37 |
50.85 |
|
Profit After Tax |
12.36 |
9.03 |
4.26 |
|
EBITDA |
21.95 |
16.08 |
7.29 |
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