
Forge Auto International Limited
listed
₹1.22LMin. investment
About Forge Auto International Limited
Issue size
₹31.1Cr
IPO type
SME
Price range
₹102 – ₹108
Lot size
1200 shares
Price range₹102 – ₹108
IPO type
SME
Lot size1200 shares
Issue size₹31.1Cr
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About Forge Auto International Limited
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 To meet Working Capital requirements Repayment of certain borrowing availed by the Company. General Corporate Purpose
Frequently asked questions
How to invest in the IPO?
Investors can apply for the IPO through their Demat account via the stock exchange or through their broker.
What is the issue size of Forge Auto International Limited ?
The issue size of the Forge Auto International Limited is 31.1 Cr.
What is 'pre-apply' for Forge Auto International Limited ?
Pre-applying for an IPO allows you to submit your application before the official subscription period begins.
Which exchanges will Forge Auto International Limited shares list on?
The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.
Timeline
- Bidding starts26 Sep 2024
- Bidding ends30 Sep 2024
- Allotment finalisation28 Sep 2024
- Release of funds3 Oct 2024
- Demat transfer1 Oct 2024
- Listing4 Oct 2024