NSE - SMEListed
Forge Auto International Limited
Company websiteForge Auto International Limited is launching an IPO sized at ₹28,80,000 crore. The raise comprises a fresh issue of ₹28,80,000 crore and an OFS of ₹0 crore, together representing roughly 1200 shares.
Subscription is open from 26-09-2024 to 30-09-2024. The allotment is expected on 01-10-2024, and listing is targeted for 04-10-2024. Note: fresh issue proceeds typically go to the company while OFS proceeds go to selling shareholders.
Start Date26-09-2024
End Date30-09-2024
Listing Date04-10-2024
Allotment Date01-10-2024
Current Price₹113
GMP₹15 (13.89%)
Lot Size1200 Shares
Subscription49.35 Times
Face Value₹10 per share
Listing atNSE
Issue Price₹102 - ₹108
Pre Issue₹80,40,000
Post Issue₹1,09,20,000
Issue Size₹28,80,000
(aggregating up to 31.10 Cr)
(aggregating up to 31.10 Cr)
Fresh Issue₹28,80,000
(aggregating up to 31.10 Cr)
(aggregating up to 31.10 Cr)
Offer For Sale-
The Grey Market Premium (GMP) for Forge Auto International Limited is currently around ₹15 (13.89%). This indicates an estimated listing price of approximately ₹117 based on the latest market sentiment. Please note that GMP values are unofficial and can change frequently as they depend on demand, market conditions, and investor activity.
Gmp Details
| Last Updated | IPO Price | GMP | Estimated Listing Price |
|---|---|---|---|
19 Nov 2025, 11:05 | ₹108 | ₹15 | ₹123 (13.89%) |
03 Nov 2025, 06:28 | ₹108 | ₹15 | ₹123 (13.89%) |
27 Feb 2025, 05:57 | ₹108 | ₹15 | ₹123 (13.89%) |
Financials overview In Lakhs
Here is a quick look at the recent financial performance of Forge Auto International Limited . The numbers below ( In Lakhs ) show how the company’s revenue and profits have changed over the last few years. This helps investors understand how strongly the business is growing and how stable its financial health is before applying for the IPO.
Key Performance
| KPI | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|
EPS | 10.21 | 7.58 | 4.04 |
ROE | 35.76 | 32.78 | 21.53 |
ROCE | 17.60 | 24.82 | 18.43 |
RONW | 32.14 | 29.89 | 19.33 |
PRE IPO(PE) | 12.98 | 0 | 0 |
POST IPO(PE) | 17.63 | 0 | 0 |
Subscription Demand (in ₹ Crore)
| Category | Offered | Demand | Times |
|---|---|---|---|
QIBs | ₹5.91 | 118.95 | 20.13 |
RETAIL | ₹10.34 | 640.74 | 61.97 |
Total | ₹16.25 | 759.69 | 46.75 |
The IPO reservation for Forge Auto International Limited shows how the total issue is divided among different investor categories. This includes allocations for Retail Investors, Qualified Institutional Buyers (QIBs), and Non-Institutional Investors (NIIs). Understanding the reservation structure helps investors know how much of the issue is set aside for their category before applying.
IPO Reservation
| Category | Shares Offers | No. of Shares |
|---|---|---|
QIB | 28.57% | 5,47,200 |
HNI | 21.43% | 4,10,400 |
RETAIL | 50.00% | 9,57,600 |
TOTAL | 100.00% | 19,15,200 |
Lot(s) Distribution
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
Retail (Min) | 1 | 1,200 | ₹1,29,600 | |
HNI | 2 | 2,400 | ₹2,59,200 |
Below you can find the official contact details of Forge Auto International Limited along with the registrar handling the IPO process. This information helps investors reach out for queries related to the company or for checking the allotment status and application updates once the IPO process begins.
Company Details
Email: sm@aint.in
Phone: +91- 8999999195
Website: http://www.failtd.com/
Address: Village Mangarh, KoharaMachhiwara Road, Ludhiana,-, 141001