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Forge Auto International Limited

Forge Auto International Limited

smelisted
Registrar: Bigshare Services Pvt Ltd · Listing 2024-10-04
IPO Timeline
Today · 20 Oct 2026
Opens
26 Sept 2024
Closes
30 Sept 2024
Allotment
28 Sept 2024
Refund
03 Oct 2024
Demat
01 Oct 2024
Listing
04 Oct 2024
Price Band
₹102–108
GMP
₹0
0%
Lot Size
1200 Shares
Min ₹129,600
Subscription
0x
Issue Size
₹31.1 Cr
Open
2024-09-26
Close
2024-09-30
Listing
2024-10-04

About the company

## **About  Forge Auto International Limited** Incorporated in 2001, Forge Auto International is a prominent engineering company specializing in the forging and manufacturing of complex, safety-critical components for a diverse range of industries. Their product portfolio includes precision machined items such as big rings, small rings, ball studs, gear blanks, and stub axle assemblies, catering to both automotive sectors—like automobiles, tractors, and commercial vehicles—and non-automotive sectors, including agriculture, hydraulic components, and striking tools. They primarily serve a global and domestic clientele of original equipment manufacturers (OEMs), providing tailored solutions that meet stringent international standards. Their manufacturing capabilities are robust, allowing them to produce a variety of components designed specifically for applications in sectors such as agriculture, railways, and construction, alongside their automotive offerings. At Forge Auto International, customer satisfaction and performance are at the core of their business philosophy. They are dedicated to continuously improving their existing products while also innovating new, customer-centric solutions and process technologies. This unwavering commitment has enabled them to expand their customer base geographically and across various industry sectors, ensuring that they meet the evolving needs of their clients in automotive, agriculture, construction, defense, and beyond. As they look to the future, they remain focused on delivering high-quality, precision-engineered components that drive success for their customers across all markets.  Forge Auto International prepares for its Initial Public Offering (IPO), the proceeds from the Fresh Issue will be allocated towards critical objectives 1. To meet Working Capital requirements  1. Repayment of certain borrowing availed by the Company. 1. General Corporate Purpose

Strengths

    Risks

      Financial performance (₹ Cr)

      IPO Roadmap / Timeline

      Current Status · as of 20 Oct 2026
      Listed
      Listed on 04 Oct 2024
      Listed 746 days ago
      1. IPO Opens

        Completed
        26 Sept 2024

        Bidding starts for all investor categories

      2. IPO Closes

        Completed
        30 Sept 2024

        Last day to place your bid

      3. Basis of Allotment

        Completed
        28 Sept 2024

        Share allotment finalised

      4. Refund Initiation

        Completed
        03 Oct 2024

        Refunds credited for non-allottees

      5. Credit to Demat

        Completed
        01 Oct 2024

        Allotted shares credited to demat account

      6. Listing on Exchange

        Completed
        04 Oct 2024

        Shares list on NSE / BSE

      Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.

      Lot size & minimum investment

      Lot Size
      1200 shares
      Price / Share (upper)
      ₹108
      Min Investment (1 lot)
      ₹129,600
      Price Band
      ₹102–108
      Retail / Individual
      1 lot only
      Min lots
      1
      Min shares
      1200
      Min amount
      ₹129,600
      Max amount
      ₹129,600
      HNI
      Min 2 lots
      Min lots
      2
      Min shares
      2400
      Min amount
      ₹259,200
      Max amount
      ₹259,200

      Shares reserved per category & allotment probability

      QIB
      100% allotment
      Reservation
      50%
      Amount
      ₹15.55 Cr
      Shares offered
      1,480,953
      Shares bid
      0
      Subscribed
      0.00x
      NII
      100% allotment
      Reservation
      15%
      Amount
      ₹4.67 Cr
      Shares offered
      444,286
      Shares bid
      0
      Subscribed
      0.00x
      Retail
      100% allotment
      Reservation
      35%
      Amount
      ₹10.89 Cr
      Shares offered
      1,036,667
      Shares bid
      0
      Subscribed
      0.00x

      Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).