
Industrials · NSE
Incorporated in October 2016, Metalic Technoforge Ltd. is engaged in manufacturing closed-die forged and precision-machined components. The company produces a variety of complex and safety-critical parts such as rings, ball studs, gear blanks, gears, coupling assemblies, and other essential components used across industries. It supplies products to both domestic and international OEMs in sectors like automotive, including cars, tractors, and commercial vehicles, as well as non-automotive industries such as agriculture, construction, hydraulics, and general engineering. The company’s manufacturing unit is located in Rajkot, Gujarat, and as of March 1, 2026, it has an order book of around ₹2,447.06 lakhs. As of February 28, 2026, the company had a total workforce of 188 employees.
Price Band
₹72 – ₹77
Issue Size
₹648.80 L Cr
Lot Size
1600 shares
GMP
+6.5%
Est. Listing
₹82
at current GMP
Subscribed
8.55x
overall
Open
21 Jul 2026
Close
23 Jul 2026
Allotment
24 Jul 2026
Refund
25 Jul 2026
Demat Credit
26 Jul 2026
Listing
28 Jul 2026
Last updated: 28 Jul 2026
Current Premium
Issue Price (Upper)
₹77
Band: ₹72 – ₹77
Estimated Listing Price
₹82
Upper price + GMP
Lot Size
1600 shares
Min investment ₹1,23,200
Estimated Profit / Lot
₹8,000
1600 × ₹5
Grey Market Premium trend
+₹5
▲ 0 today
Updated less than a minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 27 Sep 2026 | +₹5 | 6.5% | ₹82 |
| 26 Sep 2026 | +₹5 | 6.5% | ₹82 |
| 25 Sep 2026 | +₹5 | 5.8% | ₹82 |
GMP is unofficial market data. Not a guarantee of listing performance.
Metalic Technoforge Limited is bringing an initial public offering (IPO) in the Industrials sector with an aggregate issue size of ₹64,88,000 Crores. The shares are offered at a price band of ₹72 to ₹77 per equity share on NSE. 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 2026-07-23, the basis of allotment is scheduled to be finalized on 2026-07-24. 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 (Bigshare Services Private Limited) or the BSE allotment checking window.
The latest grey market premium for Metalic Technoforge Limited IPO is ₹5, which indicates an expected listing price of ₹82.
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.