SME
IPO ·
NSE SME
Metalic Technoforge Ltd
Listed
Incorporated in October 2016, Metalic Technoforge Ltd. manufactures closed-die forged and precision-machined components.
Issue details
Price band
₹72 – ₹77
Face value
₹10
Lot size
1,600 shares
Minimum investment
₹2,46,400
Issue size
₹49.96 Cr
Fresh issue
₹47.43 Cr
Offer for sale
—
Issue type
Book Built
Exchange
NSE SME
Key dates
Opens
21 Jul 2026
Closes
23 Jul 2026
UPI mandate cut-off
5:00 PM on 23 Jul 2026
Allotment
24 Jul 2026
Refunds
24 Jul 2026
Shares in demat
27 Jul 2026
Listing
28 Jul 2026
Subscription and listing
Subscription
6.29x
Listing price
₹87
Registrar
Bigshare Services Pvt Ltd
Lead manager
Smart Horizon Capital Advisors
Subscription by category
Total
6.29x
Total applications
6,082
Anchor investors
Amount raised
₹14.17 Cr
Bid date
20 Jul 2026
50% lock-in ends
23 Aug 2026
Rest lock-in ends
22 Oct 2026
Listing day
Issue price
₹77
Open
₹87.00
High
₹90.90
Low
₹82.65
Day close
₹83.05
Listing gain at open
+12.99%
Issue structure
Shares reserved per category and share of the total issue
QIB Shares Offered
30,72,000
47.35%
Anchor Investor Shares Offered
18,40,000
28.36%
QIB (Ex. Anchor) Shares Offered
12,32,000
18.99%
NII Shares Offered
9,28,000
14.30%
bNII > ₹10L
6,17,600
9.52%
sNII < ₹10L
3,10,400
4.78%
Retail Shares Offered
21,60,000
33.29%
Market Maker Shares Offered
3,28,000
5.06%
Total Shares Offered
64,88,000
100.00%
Finaccle’s quick read
Neutral
FY26 income up 30%, PAT up 37%, ROE 71.87%, D/E 1.61, post-issue P/E 14.94x.
A rules-based screen of growth, margins, debt and valuation, built from the offer document and data on Chittorgarh.com. It is for information only and is not investment advice or a recommendation to buy or sell. Read the RHP and speak to a SEBI-registered adviser before you apply.
About the company
Incorporated in October 2016, Metalic Technoforge Ltd. manufactures closed-die forged and precision-machined components. The company's product portfolio includes complex, safety-critical forged and precision-machined products such as big and small rings, ball studs, gear blanks with broaching, gears, coupling assemblies, and other critical components for various industries. The company serves domestic and global OEMs across automotive and non-automotive sectors. Automotive OEMs include manufacturers of automobiles, tractors, and commercial vehicles.
Founded
Promoters
Promoter holding
Financial performance
Period
PAT
ROE
71.87%
ROCE
31.88%
Debt / equity
1.61
PAT margin
12.14%
P/E post issue
14.94
Market cap
₹184.68 Cr
Use of IPO money
Funding of capital expenditure requirements of the Company towards setting up of the proposed Manufacturing Unit IV and upgradation of existing units at manufac
₹30.81 Cr
Full or part repayment and/or prepayment of certain outstanding secured borrowings availed by the Company.
₹6.72 Cr
General Corporate Purpose
₹5.94 Cr
Issue Expenses
₹6.49 Cr
Strengths
✓
Revenue up 30% in FY26 to ₹97.98 Cr
✓
PAT up 37% in FY26 to ₹12.36 Cr
✓
PAT margin of 12.14%
✓
ROE of 71.87% and ROCE of 31.88%
Risks to watch
!
High leverage: debt to equity 1.61
!
SME platform: large lot size and thinner trading liquidity
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Last updated:
Information is compiled from exchange notices and the company’s offer document. It is for general information only and is not investment advice or a recommendation to apply. Read the prospectus before investing.