IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | 2.63x | 3,072,000 | 8,080,000 | ₹24 Cr |
| NII (HNI) | 17.06x | 928,000 | 15,833,600 | ₹7 Cr |
| Retail | 6.87x | 2,160,000 | 14,835,200 | ₹17 Cr |
| Market Maker | — | 328,000 | — | ₹3 Cr |
| Σ Total | 6.29x | 6,160,000 | 38,748,800 | ₹47 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 | 1,600 | ₹123,200 |
| Retail (Max) | 13 | 20,800 | ₹1,601,600 |
| S-HNI (Min) | 14 | 22,400 | ₹1,724,800 |
| B-HNI (Min) | 67 | 107,200 | ₹8,254,400 |
Financial Statements Amount in ₹ Crore
| Metric | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Revenue | 98 | 76 | 52 |
| EBITDA | 22 | 16 | 7 |
| Profit After Tax | 12 | 9 | 4 |
| Net Worth | 33 | 17 | 8 |
| Total Assets | 92 | 65 | 34 |
| Reserves & Surplus | 16 | 16 | 7 |
| Total Borrowing | 32 | 17 | 5 |
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
- Funding of capital expenditure requirements of the Company towards setting up of the proposed Manufacturing Unit IV and upgradation of existing units at manufacturing facility in Rajkot, Gujarat – 30.81
- Full or part repayment and/or prepayment of certain outstanding secured borrowings availed by the Company. – 6.72
- General Corporate Purpose –
Company Overview
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. Non-automotive OEMs include manufacturers of agricultural equipment, hydraulic equipment, construction machinery, and general engineering products.
The company's manufacturing unit is situated in Rajkot, Gujarat.
As of March 01, 2026, the Company had an order book of approximately ₹ 2,447.06 lakhs.
As of February 28, 2026, the company had 188 personnel at its manufacturing units and registered office.