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9.67x
subscribed
Metalic Technoforge IPO
Engineering
listed
9.67x
subscribed
₹2.30LMin. investment
Metalic Technoforge Limited IPO Details
Issue size
₹50Cr
IPO type
SME
Market Cap
₹184.68CrLower than sector avg
Price range
₹72.00 – ₹77.00
Listing ExchangeNSE
RevenueApr 2025 - Mar 2026
₹95.54CrLower than sector avg
Lot size
1600 shares
Red Herring Prospectus
Read
Growth rate3Y CAGR
37.08%Higher than sector avg
SectorEngineering
Price range₹72.00 – ₹77.00
IPO type
SME
Lot size1600 shares
Issue size₹50Cr
Red Herring Prospectus
Read
Market Cap
₹184.68CrLower than sector avg
RevenueApr 2025 - Mar 2026
₹95.54CrLower than sector avg
Growth rate3Y CAGR
37.08%Higher than sector avg
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Companies in this sectorObjectives
Capital expenditure
61.60%
General corporate purposes
24.80%
Repayment of debt
13.40%
About Metalic Technoforge Limited
Incorporated in 2016, Metalic Technoforge is engaged in manufacturing closed-die forged and precision-machined components. The company supplies a wide range of complex and safety-critical products like rings, ball studs, gear blanks, gears, coupling assemblies and other engineered components. These products are supplied to original equipment manufacturers (OEMs) operating across automotive as well as industrial sectors.
The company’s customer base includes manufacturers of passenger vehicles, commercial vehicles, tractors, agricultural equipment, hydraulic systems, construction machinery and general engineering products. Manufacturing is carried out using carbon steel, alloy steel, stainless steel and selected non-ferrous metals such as aluminium, brass and copper, depending on customer specifications.
The manufacturing facility is located at Rajkot, Gujarat and consists of four units spread across nearly 5,969 square metres. The company has installed a 1 MW captive solar power plant spread over around 4 acres in Surendranagar, Gujarat. The plant currently meets ~40% to 60% of the company's electricity requirement, helping reduce dependence on conventional power sources and lowering operating costs to improve energy efficiency.
Farm equipment and off-highway vehicles contributed the largest share of revenue at 29.6%, followed by general engineering at 21.5% and oil & gas at 12.00% in FY26. Exports accounted for 35.4% of total revenue, with Germany being the largest overseas market. Gujarat remained its largest domestic market, contributing nearly half of total revenue in FY26. Repeat customers contributed ₹85.13 crore (89.1%) of revenue from operations, while new customers contributed ₹10.41 crore or 10.9% in FY26. The largest supplier supplied for 25.8% of total purchases, while the top ten suppliers accounted for 68.1% of procurement in FY26.
Metalic Technoforge IPO Subscription Status
Frequently asked questions
How to invest in the Metalic Technoforge IPO ?
Investors can apply for the Metalic Technoforge IPO through their Demat account via the stock exchange or through their broker.
What is the issue size of Metalic Technoforge IPO ?
The issue size of the Metalic Technoforge IPO is 50 Cr.
What is 'pre-apply' for Metalic Technoforge IPO ?
Pre-applying for an IPO allows you to submit your application before the official subscription period begins.
Which exchanges will Metalic Technoforge IPO 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.