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Forge Auto International Limited

Forge Auto International Limited

listed
₹1.22LMin. investment

Forge Auto International Limited IPO Details

Price range₹102 – ₹108
IPO type
SME
Lot size1200 shares
Issue size₹31.1Cr

Forge Auto International Limited Timeline

  1. Bid start
    26 Sep 2024
  2. Bid end
    30 Sep 2024
  3. Allotment
    28 Sep 2024
  4. Release of funds
    3 Oct 2024
  5. Demat transfer
    1 Oct 2024
  6. Listing
    4 Oct 2024

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 
  2. Repayment of certain borrowing availed by the Company.
  3. General Corporate Purpose

Checklist

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Forge Auto International Limited Contact Details

Company NameForge Auto International Limited

How to apply for Forge Auto International Limited?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

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