
Industrials · BSE
Incorporated in 2013, Advance Technoforge Limited (ATL) is involved in manufacturing and supplying forged and precision machined components with various coatings and treatments for industries such as automotive, oil and gas, construction, railways, and more. With over 20 years of experience, the company supplies quality products to global OEMs and focuses on delivering durable and high-performance components. Its product range includes tow hook assemblies, retainer plates, cross members, connecting rods, and end caps used in automotive, material handling, and hydraulic applications. The company uses strong materials like alloy steel and carbon steel to ensure reliability and performance under heavy conditions, and as of February 24, 2025, it had 136 employees working across manufacturing, marketing, administration, finance, and other functions.
Price Band
₹95
Issue Size
₹252.96 L Cr
Lot Size
1200 shares
GMP
+3.2%
Est. Listing
₹98
at current GMP
Subscribed
1.61x
overall
Open
27 Jul 2026
Close
29 Jul 2026
Allotment
30 Jul 2026
Refund
31 Jul 2026
Demat Credit
1 Aug 2026
Listing
3 Aug 2026
Overall Subscription
1.61x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
0.53x
High Net-Worth
Retail (RII)
2.68x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| NIB | 1,200,000 | 639,600 | 0.53x |
| RETAIL | 1,200,000 | 3,220,800 | 2.68x |
| Total | 2,400,000 | 3,860,400 | 1.61x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| QIB | — | — | 0.00x |
| NIB | — | 122 | 0.00x |
| RETAIL | 500 | 1,342 | 2.68x |
| EMPLOYEES | — | — | 0.00x |
| HNIs (2-10L) | 333 | 117 | 0.35x |
| Total Applications | 833 | 1,581 | 1.90x |
Advance Technoforge Limited is bringing an initial public offering (IPO) in the Industrials sector with an aggregate issue size of ₹25,29,600 Crores. The shares are offered at a price band of ₹95 to ₹95 per equity share on BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2026-07-29, the basis of allotment is scheduled to be finalized on 2026-07-30. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Kfin Technologies Limited) or the BSE allotment checking window.
The Advance Technoforge Limited IPO aggregate issue size is ₹25,29,600 Crores with an equity price band set at ₹95 to ₹95 per equity share. The retail lot size is 1200 shares requiring a minimum capital outlay of approx. ₹1,14,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. You can track QIB, NII/HNI, and Retail category multiples directly on our dedicated live subscription page.
The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2026-07-30.