
Advance Technoforge IPO
ADVTECH
Open Date
27 Jul '26
Close Date
29 Jul '26
Price Range
₹95 - ₹95
Min Investment
₹2,28,000
Lot Size
1,200
Listing at
BSE
Issue Size
25,29,600
IPO Document
Free Demat with Zero AMC*
+ Free 1st Year AMC
About Advance Technoforge Ltd IPO
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:
- Tow Hook Assembly: A high-strength forged component used for vehicle safety and towing applications, manufactured using alloy steel with a better surface finish.
- Retainer Plate: A structural component used in material handling equipment, manufactured from carbon steel to provide strength, reliability, and durability.
- Cross Member: A load-bearing component used in material handling applications. Made with carbon steel, it is designed to deliver stability and durability under demanding operating conditions.
- Connecting Rod: An automotive engine component made from carbon steel, manufactured to withstand high levels of stress while ensuring efficient performance and reliability.
- Boden (End Cap): A component used in hydraulic systems, designed to provide durability, sealing efficiency, and consistent performance.
As of 24 February 2025, the company has a workforce of 136 employees across marketing, manufacturing, legal, financial, administration and other business functions.
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 compo
Advance Technoforge IPO Subscription Breakdown
| 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 |
Advance Technoforge IPO Strengths & Weaknesses
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.
The company depends on a few key customers, and the loss of any major customer could impact revenue and operations.
The company depends on a limited number of suppliers for the steel, which is its primary raw material. Delay in raw material supply could impact business performance.
The company is exposed to fluctuations in foreign currency exchange rates, which may affect the company’s financial performance.
Breakdowns or disruptions at manufacturing facilities may impact production and business operations.
The company is working capital-intensive. Failing to manage working capital properly can negatively impact operations and financial performance.
Power supply disruptions could affect manufacturing activities and operational performance.
Advance Technoforge IPO Important Dates & Issue Details
| 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 ₹2,28,000 crores) |
| 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 |
Advance Technoforge IPO Lot Size and Investment Details
| Minimum Lot Size | -- |
| Maximum Lot Size (Retail) | -- |
The lot size of Advance Technoforge ipo has been designed to ensure broad participation while maintaining optimal price discovery.
How to Apply for Advance Technoforge IPO
- Log in to your Choice account
- Select IPO
- Enter the number of lots and your price
- Verify UPI ID
- Complete the transaction on your UPI app
Advance Technoforge IPO Contact & Registrar Details
Contact Details
Address
Sr No-121 Plot No1 To 6 At & Po Padavala Road Opposite Eaterflow Piping System Rajkot
Phone Number
Registrar Details
Registrar Name
Kfin Technologies Ltd.
Phone Number
Optivalue Tek Consulting Ltd IPO Lead Manager(s)
| Book Running Lead Manager(s) |
|---|
| Sun Capital Advisory Services Pvt Ltd |