
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
Last updated: 3 Aug 2026
Current Premium
Issue Price (Upper)
₹95
Band: ₹95
Estimated Listing Price
₹98
Upper price + GMP
Lot Size
1200 shares
Min investment ₹1,14,000
Estimated Profit / Lot
₹3,600
1200 × ₹3
Grey Market Premium trend
+₹3
▲ 0 today
Updated less than a minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 27 Sep 2026 | +₹3 | 3.2% | ₹98 |
| 26 Sep 2026 | +₹3 | 3.2% | ₹98 |
| 25 Sep 2026 | +₹3 | 2.8% | ₹98 |
GMP is unofficial market data. Not a guarantee of listing performance.
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 latest grey market premium for Advance Technoforge Limited IPO is ₹3, which indicates an expected listing price of ₹98.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.