Advance Technoforge Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | 0.00x | 3,850,944 | 0 | ₹37 Cr |
| NII (HNI) | 0.43x | 1,200,000 | 510,000 | ₹11 Cr |
| Retail | 2.68x | 1,200,000 | 3,220,800 | ₹11 Cr |
| Market Maker | — | 129,600 | — | ₹1 Cr |
| Σ Total | 1.55x | 2,400,000 | 3,730,800 | ₹23 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | ₹114,000 |
| Retail (Max) | 13 | 15,600 | ₹1,482,000 |
| S-HNI (Min) | 14 | 16,800 | ₹1,596,000 |
| B-HNI (Min) | 67 | 80,400 | ₹7,638,000 |
Financial Statements Amount in ₹ Crore
| Metric | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Revenue | 51 | 51 | 48 |
| EBITDA | 8 | 6 | 4 |
| Profit After Tax | 4 | 3 | 2 |
| Net Worth | 13 | 10 | 7 |
| Total Assets | 47 | 40 | 29 |
| Reserves & Surplus | 7 | 3 | 6 |
| Total Borrowing | 17 | 18 | 11 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Purchase and installation of machinery for manufacturing of precision machine components at the Existing Premises (Including GST) – 6.08
- Part Funding of working capital requirements – 5.00
- General Corporate purposes –
Company Overview
Incorporated in 2013, Advance Technoforge Limited (ATL) is engaged in the manufacturing and supplying of the forged and precision machined parts with coatings and treatments, serving industries like automotive, valves, pumps, construction, and more.
With 20+ years of experience the company manufactures the qualified product lines cto global original equipment manufacturers-OEMs in Automotive, oil and gas industries, earth moving equipment, Railway etc.
Products:
- Tow Hook Assembly - A robust component designed for securing vehicles, made from alloy steel with a polished and plated finish, suitable for US electric SUVs.
- Retainer Plate - A structural part used in material lifting equipment, crafted from durable carbon steel for strength and reliability.
- Cross Member - Provides support in material lifting equipment, made from carbon steel to ensure stability and durability under heavy loads.
- Connecting Rod - A key part in automotive engines, designed from carbon steel to withstand high stress and provide optimal performance.
- Boden (End Cap) - Used in hydraulic applications, made from carbon steel for durability and effective sealing in hydraulic systems.
As of 24 February 2025, the company has 136 employees as on engaged in manufacturing, marketing, administration, financial, legal and other activities of the Company.
Competitive Strengths:
- Experienced Promoters and Senior Management
- Integrated Manufacturing Facility with diversified product portfolio
- Large-scale Manufacturing Capabilities
- Long-Standing Relationship with Interested Parties