Established in 2013, Advance Technoforge is a company based in Gujarat and is a manufacturer of forged and precision-machined components. The company specializes in manufacturing and producing closed-die steel forgings, upset forgings, ring rolling forgings, and machined components.
Backed by years of industry experience, the company manufactures a wide range of qualified components for global original equipment manufacturers (OEMs) across sectors including automotive, oil & gas, earth-moving equipment, railways, and other industrial applications.
Its product portfolio includes:
As of 24 February 2025, the company has a workforce of 136 employees across marketing, manufacturing, legal, financial, administration and other business functions.
| Investory Category | Subscription Percentage | Amount Raised (₹ Crores) |
|---|---|---|
| Qualified Institutional Buyers (QIBs) | 0% | -- |
| Non-Institutional Investors (NIIs) | 50% | 12,64,800 crores |
| Retail Individual Investors (RIIs) | 50% | 12,64,800 crores |
Experienced leadership backed by industry expertise.
Integrated manufacturing capabilities backed by a diversified product range.
Well-equipped to handle high-volume industrial and automotive demand.
Established relationships with customers and business partners.
| Allotment Date | Listing Date | Refund Date |
|---|---|---|
| 30 Jul '26 | -- | 31 Jul '26 |
| Issue Composition: | |
|---|---|
| Face Value | ₹10 per share |
| Total Issue Size | 25,29,600 shares (aggregating up to To be announced) |
| Fresh Issue | 2,40,000 shares (aggregating up to ₹24,00,000 crores) |
| Offer for Sale | 0 shares of ₹10 (aggregating up to To be announced) |
| Issue Type | Fixed Price IPO |
| Post-Issue Shareholding Pattern: | |
|---|---|
| Pre-Issue Shareholding | 100 shares |
| Post-Issue Shareholding | 0 shares |
| Minimum Lot Size | 1,200 shares |
| Maximum Lot Size (Retail) | -- |
The lot size of Advance Technoforge ipo has been designed to ensure broad participation while maintaining optimal price discovery.
Sr No-121 Plot No1 To 6 At & Po Padavala Road Opposite Eaterflow Piping System Rajkot
Kfin Technologies Ltd.
| Book Running Lead Manager(s) |
|---|
| Sun Capital Advisory Services Pvt Ltd |