Bookbuilding IPO | ₹[.] Cr | Listing at NSE SME |

Metalic Technoforge Ltd. has filed a Draft Red Herring Prospectus (DRHP) with the exchange on April 1, 2026 to raise funds through Initial Public Offer (IPO).
Metalic Technoforge Ltd. IPO is a Book Build Issue consisting solely of fresh issue of upto 0.65 crore equity shares.
The equity shares are proposed to be listed on the NSE SME. Smart Horizon Capital Advisors Pvt.Ltd. is the book running lead manager and Bigshare Services Pvt.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 Metalic Technoforge IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Total Issue Size | 64,88,000 shares (agg. up to ₹[.] Cr) |
| Fresh Issue | 64,88,000 shares (agg. up to ₹[.] Cr) |
| Share Holding Pre Issue | 1,74,96,400 shares |
| Share Holding Post Issue | 2,39,84,400 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Wed, Apr 1, 2026 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Issue |
| Retail Shares Offered | Not less than 35% of the Net Issue. |
| NII Shares Offered | Not less than 15% of the Net Issue. |
Incorporated in October 2016, Metalic Technoforge Ltd. manufactures closed-die forged and precision-machined components.
The company's product portfolio includes complex, safety-critical forged and precision-machined products such as big and small rings, ball studs, gear blanks with broaching, gears, coupling assemblies, and other critical components for various industries.
The company serves domestic and global OEMs across automotive and non-automotive sectors. Automotive OEMs include manufacturers of automobiles, tractors, and commercial vehicles. Non-automotive OEMs include manufacturers of agricultural equipment, hydraulic equipment, construction machinery, and general engineering products.
The company's manufacturing unit is situated in Rajkot, Gujarat.
As of March 01, 2026, the Company had an order book of approximately ₹ 2,447.06 lakhs.
As of February 28, 2026, the company had 188 personnel at its manufacturing units and registered office.
| Period Ended | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 76.56 | 65.10 | 33.67 | 21.23 |
| Total Income | 43.22 | 75.64 | 51.50 | 47.13 |
| Profit After Tax | 5.28 | 9.03 | 4.26 | 1.26 |
| EBITDA | 9.57 | 16.08 | 7.29 | 2.57 |
| NET Worth | 26.33 | 17.40 | 7.72 | 3.46 |
| Reserves and Surplus | 25.30 | 16.40 | 7.37 | 3.11 |
| Total Borrowing | 17.17 | 4.70 | 2.08 | |
| Amount in ₹ Crore | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding of capital expenditure requirements of the Company towards setting up of the proposed Manufacturing Unit IV and upgradation of existing units at manufacturing facility in Rajkot, Gujarat | 30.81 |
| 2 | Full or part repayment and/or prepayment of certain outstanding secured borrowings availed by the Company. | 6.72 |
| 3 | General Corporate Purpose | |
| Total | 37.53 |
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 71.87% |
| ROCE | 31.88% |
| Debt/Equity | 1.61 |
| RoNW | 51.88% |
| PAT Margin | 12.14% |
| EBITDA Margin | 21.62% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 83.62% |
Lead Manager Reports
Metalic Technoforge IPO is a SME IPO of 64,88,000 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 Metalic Technoforge IPO open and close dates are not available as of now.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Metalic Technoforge IPO using UPI as a payment gateway. Zerodha customers can apply in Metalic Technoforge IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Metalic Technoforge IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Metalic Technoforge IPO dates are not announced. Please check back again after some time.
Metalic Technoforge IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Metalic 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 Metalic Technoforge IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Metalic Technoforge IPO allotment status.
The Metalic Technoforge IPO listing date is not yet announced. The tentative date of listing is .