Metalic Technoforge Limited
ListedSMEIndustrials · 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
₹5
+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 2 months ago
Overall Subscription
8.55x
Total Demand
QIB Multiplier
4.58x
Institutions & Funds
NII / HNI
17.42x
High Net-Worth
Retail (RII)
7.00x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 1,232,000 | 5,646,400 | 4.58x |
| NIB | 928,000 | 16,168,000 | 17.42x |
| HNIs(10L +) | 617,600 | 13,187,200 | 21.35x |
| HNIs (2-10L) | 310,400 | 2,980,800 | 9.60x |
| RETAIL | 2,160,000 | 15,116,800 | 7.00x |
| Total | 5,248,000 | 53,099,200 | 8.55x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| QIB | — | 20 | 0.00x |
| NIB | — | 1,428 | 0.00x |
| RETAIL | 675 | 4,724 | 7.00x |
| HNIs(10L +) | 129 | 855 | 6.63x |
| HNIs (2-10L) | 65 | 573 | 8.82x |
| Total Applications | 869 | 7,600 | 8.75x |
Day-Wise Subscription Progress
About Metalic Technoforge Limited Public Issue & Market Profile
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.
Bidding & Quota Instructions:
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.
Allotment Reconciliation Schedule:
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.
Frequently Asked Questions
What is the issue size and price band for Metalic Technoforge Limited IPO?
The Metalic Technoforge Limited IPO aggregate issue size is ₹64,88,000 Crores with an equity price band set at ₹72 to ₹77 per equity share. The retail lot size is 1600 shares requiring a minimum capital outlay of approx. ₹1,23,200.
How can I check Metalic Technoforge Limited IPO live subscription demand?
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.
Where will Metalic Technoforge Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2026-07-24.