Munish Forge IPO

2.52x

subscribed

Munish Forge IPO

closed
₹2.18LMin. investment
  1. Pre-apply
    29 Sep
  2. Bid start
    30 Sep
  3. Bid end
    3 Oct
  4. Allotment
    6 Oct
  5. Release of funds
    7 Oct
  6. Demat transfer
    7 Oct
  7. Listing
    8 Oct

About Munish Forge Limited

Price range₹91.00 – ₹96.00
IPO type
SME
Lot size1200 shares
Issue size₹73Cr
Draft Red Herring Prospectus
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Checklist

Quality analysis
Revenue growth
Company valuation
Earnings expansion
The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Objectives

Working capital
49.16%
General corporate purposes
23.40%
Repayment of loans
15.89%
Capital expenditure
11.78%

About Munish Forge Limited

Incorporated in 1986, Munish Forge operates in the forging and casting industry, manufacturing products such as flanges, scaffolding systems, auto parts, tank track chains, bomb shells, fence posts, and steel accessories to serve diverse sectors, including defence, oil and gas, automobile, construction, and infrastructure. In FY25, flanges represent the largest revenue segment, contributing 32.64%, followed by Scaffolding at 22.16%. Defence revenue grew from 1.37% in FY24 to 12.93% in FY25, while flange revenue declined from 53.48% to 32.64% in the same period. The exports contributed 60.32% of total revenue in FY25, with the USA being the largest contributor at 33.45%. The company served 167 customers in FY25, with repetitive customers contributing 41.32% of total customers.

IPO Subscription Status

Date
QIB
NII
Retail
Total
30-Sep-25
0.14 times (X)
0.52 times (X)
0.11 times (X)
0.19 times (X)
01-Oct-25
0.14X
0.61X
0.23X
0.24X
02-Oct-25
0.14X
0.61X
0.24X
0.25X
03-Oct-25
1.62X
5.23X
2.63X
2.52X

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 Munish Forge IPO ?

The issue size of the Munish Forge IPO is 73 Cr.

What is 'pre-apply' for Munish Forge IPO ?

Pre-applying for an IPO allows you to submit your application before the official subscription period begins.

Which exchanges will Munish Forge 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.
Application closed