SMEUpcoming

Metalic Technoforge IPO

Metalic Technoforge Ltd IPO opens July 21, 2026, closes July 23, 2026, and lists on July 28, 2026 on NSE SME. Price band: ₹72-₹77, lot size 1600 shares (₹2,46,400 minimum).

sHQ
stoicHQ Research Team · Ex-quants, IIT Delhi · Updated July 17, 2026

Key Dates

IPO Open DateJuly 21, 2026
IPO Close DateJuly 23, 2026
Allotment DateJuly 24, 2026
Refund DateJuly 27, 2026
Demat Credit DateJuly 27, 2026
Listing DateJuly 28, 2026

Issue Details

Price Band₹72-₹77
Issue Price₹77
Face Value₹10
Lot Size1600 shares
Min Investment₹2,46,400
Issue Size₹49.96 crore
Listing ExchangeNSE SME
RegistrarBigshare Services
IPO TypeSME

stoicHQ Analysis

Strong growth: revenue ₹51.5 crore (FY24) → ₹75.6 crore (FY25) → ₹97.98 crore (FY26), PAT ₹12.36 crore in FY26
FY26 PAT margin ~12.9% with RoNW ~37%
100% fresh issue funding Unit IV capacity expansion (₹30.81 crore) and debt repayment (₹6.72 crore)
GMP is ₹0 — grey market activity has not started, so there is no listing-gain signal yet
SME platform — lower disclosure, minimum public float and liquidity standards than mainboard
Young company (incorporated Oct 2016) dependent on automotive OEM demand cycles

About Metalic Technoforge Ltd

Metalic Technoforge, incorporated in October 2016 and based in Rajkot, Gujarat, manufactures closed-die forged and precision-machined components such as rings, gears and coupling assemblies for OEMs across automotive and non-automotive sectors. FY26 revenue was ₹97.98 crore with PAT of ₹12.36 crore.

What is the Metalic Technoforge Ltd IPO subscription status?

Live subscription figures for Metalic Technoforge IPO will appear here once bidding opens on July 21, 2026. We update QIB, NII and retail subscription multiples daily through the July 23, 2026 close.

How to apply for Metalic Technoforge IPO

You apply for any IPO through a demat and trading account using UPI or ASBA during the bidding window. If you don't have one yet, you can open a demat account online in a few minutes. Some investors also keep a second demat account to submit an additional application under a different PAN in the household and improve allotment odds.

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How to check Metalic Technoforge Ltd IPO allotment status

Metalic Technoforge IPO allotment is expected on July 24, 2026. To check: open the registrar (Bigshare Services), select “Metalic Technoforge IPO”, and enter your PAN, application number, or DP/Client ID. Refunds for unallotted applications begin July 27, 2026; shares are credited to demat by July 27, 2026.

Check allotment on Bigshare ServicesFull allotment-status guide →

When will Metalic Technoforge Ltd IPO list?

Metalic Technoforge IPO is scheduled to list on NSE SME on July 28, 2026. GMP is unofficial and can move sharply in the final days before listing.

Frequently Asked Questions

What is the Metalic Technoforge Ltd IPO GMP today?
As of July 17, 2026, the grey market premium (GMP) for Metalic Technoforge IPO is flat (₹0). GMP is an unofficial, unregulated grey-market signal and can change sharply before listing.
What is the Metalic Technoforge Ltd IPO subscription status?
Metalic Technoforge IPO was not yet open for bidding (opens July 21, 2026). Subscription is a stronger demand signal than GMP alone — strong QIB subscription combined with positive GMP is the most reliable indicator.
When is Metalic Technoforge Ltd IPO allotment date and how do I check it?
Metalic Technoforge IPO allotment is expected on July 24, 2026. Check your allotment on the registrar's site (Bigshare Services, https://ipo.bigshareonline.com/IPO_Status.html) using your PAN, application number, or DP/Client ID. Refunds begin July 27, 2026 and shares are credited to demat by July 27, 2026.
When is Metalic Technoforge Ltd IPO listing date?
Metalic Technoforge IPO is scheduled to list on NSE SME on July 28, 2026.
What is the lot size and minimum investment for Metalic Technoforge Ltd IPO?
The lot size is 1600 shares and the minimum retail investment is ₹2,46,400 at the upper price band of ₹72-₹77.
Should I apply to the Metalic Technoforge Ltd IPO?
This is not investment advice. Positives: Strong growth: revenue ₹51.5 crore (FY24) → ₹75.6 crore (FY25) → ₹97.98 crore (FY26), PAT ₹12.36 crore in FY26. Risks: GMP is ₹0 — grey market activity has not started, so there is no listing-gain signal yet. Weigh GMP, subscription, valuation and use of proceeds together, and read the RHP before applying.

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