Advance Technoforge IPO Details

Fixed Price IPO | ₹[.] Cr | Listing at BSE SME |

Advance Technoforge IPO Logo
The exchange has approved the Initial Public Offer (IPO) of Advance Technoforge Ltd. on April 1, 2026. The company will proceed with next steps to launch the Initial Public Offer (IPO) subject to market conditions and other approvals. The exchange approval is valid for 12 months.

Advance Technoforge Ltd. IPO is a Fixed Price Issue

The equity shares are proposed to be listed on the BSE SME. Sun Capital Advisory Services Pvt.Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Advance Technoforge IPO DRHP for more details.

IPO Details

IPO Date[.]
Listing Date[.]
Face Value10 per share
Lot Size
Sale TypeFresh capital only
Issue TypeFixed Price IPO
Listing AtBSE SME

IPO DRHP Status

DescriptionDate
Filed with SEBI/ExchangeThu, Mar 27, 2025
Offer document withdrawnMon, Jul 28, 2025
Filed with SEBI/ExchangeWed, Dec 24, 2025
SEBI/Exchange approval receivedWed, Apr 1, 2026

Issue Reservation

Investor Category Shares Offered
Retail Shares Offered 50% of the Net Issue
NII Shares Offered50% of the Net Issue

About Advance Technoforge Ltd.

Incorporated in 2013, Advance Technoforge Limited (ATL) is engaged in the manufacturing and supplying of the forged and precision machined parts with coatings and treatments, serving industries like automotive, valves, pumps, construction, and more.

With 20+ years of experience the company manufactures the qualified product lines cto global original equipment manufacturers-OEMs in Automotive, oil and gas industries, earth moving equipment, Railway etc.

Products:

  • Tow Hook Assembly - A robust component designed for securing vehicles, made from alloy steel with a polished and plated finish, suitable for US electric SUVs.
  • Retainer Plate - A structural part used in material lifting equipment, crafted from durable carbon steel for strength and reliability.
  • Cross Member - Provides support in material lifting equipment, made from carbon steel to ensure stability and durability under heavy loads.
  • Connecting Rod - A key part in automotive engines, designed from carbon steel to withstand high stress and provide optimal performance.
  • Boden (End Cap) - Used in hydraulic applications, made from carbon steel for durability and effective sealing in hydraulic systems.

As of 24 February 2025, the company has 136 employees as on engaged in manufacturing, marketing, administration, financial, legal and other activities of the Company.

Competitive Strengths:

  • Experienced Promoters and Senior Management
  • Integrated Manufacturing Facility with diversified product portfolio
  • Large-scale Manufacturing Capabilities
  • Long-Standing Relationship with Interested Parties

Company Financials (Restated)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets33.2829.1522.1722.00
Total Income26.0148.2437.9131.56
Profit After Tax1.351.700.750.40
NET Worth8.286.935.224.47
Reserves and Surplus1.786.444.733.98
Amount in ₹ Crore

IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

# Issue Objects Est Amt (₹ Cr.)
1 Purchase and installation of machinery for manufacturing of precision machine components at the Existing Premises (Including GST) 6.08
2 Part Funding of working capital requirements 5.00
3 General Corporate purposes

Key Performance Indicator (KPI)

KPIMar 31, 2024
ROE24.62%
ROCE18.07%
Debt/Equity1.62
RoNW24.62%
PAT Margin3.55%
Pre IPOPost IPO
Promoter Holding100%
Nilesh Shambhubhai Moliya, Pradipbhai Bhikhabhai Vora, Daxaben Nileshbhai Moliya, Kajal Alpesbhai Moliya are the promoters of the company.

IPO Registrar

Kfin Technologies Ltd.

Contact Details

Advance Technoforge Ltd. Address
Sr. No.121, Plot No.1 to 6, At& Po. Padavala Road,
Opp. Eaterflow Piping System,
Veraval Shapar, Lodhika
Rajkot, Gujarat, 360024
Open an Instant Account with Zerodha

IPO FAQs

Advance Technoforge IPO is a SME IPO of 0 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .

The Advance Technoforge IPO open and close dates are not available as of now.

Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Zerodha customers can apply online in Advance Technoforge IPO using UPI as a payment gateway. Zerodha customers can apply in Advance Technoforge IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Advance Technoforge IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Advance Technoforge IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. Submit IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Advance Technoforge IPO dates are not announced. Please check back again after some time.

Advance Technoforge IPO lot size and the minimum order quantity is not available at this time. Please check again later.

You can apply in Advance Technoforge IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for Advance Technoforge IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Advance Technoforge IPO allotment status.

The Advance Technoforge IPO listing date is not yet announced. The tentative date of listing is .

Compare: