Forge Auto International IPO Subscription Details

Bookbuilding IPO | ₹31 Cr | Listed at NSE SME | Thu, Sep 26, 2024 - Mon, Sep 30, 2024

Basis of Allotment - Forge Auto International IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)5,47,2008,18,40013,65,6004,10,4009,57,60027,33,600
Allotment price (Rs.)108108108108108108
No.of applications127193,53849,28152,838
No.of shares applied1,10,08,8008,18,4001,18,27,2002,41,41,6005,91,37,2009,51,06,000
Amount collected (Rs.cr.)118.90 8.84 127.73 260.73 638.68 1,027.14
No.of times subscribed20.121.008.6658.8261.7634.79
No.of shares allotted5,47,2008,18,40013,65,6004,10,4009,57,60027,33,600
Amount (Rs.cr.)5.91 8.84 14.75 4.43 10.34 29.52
No.of allottees127193087981,125

IPO Shares Offered

Forge Auto International IPO is a public issue of 0.27 Cr equity shares. The issue offers 0.10 Cr shares to retail investors, 0.14 Cr shares to qualified institutional buyers, and 0.04 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
Market Maker1,46,4001.58 5.08%
QIB 13,65,60014.75 47.42%
    Anchor 8,18,400 8.84 28.42%
    QIB (Ex Anchor) 5,47,200 5.91 19.00%
NII* 4,10,4004.43 14.25%
Retail9,57,60010.34 33.25%
Total28,80,00031.10 100%

Forge Auto International IPO Anchor Investor Allocation

A total of 8,18,400 shares at a price of Rs 108 per share will be allotted to the anchor investors.

Anchor investors bid opening dateSep 25, 2024
Anchor investor price₹108.00
Anchor investors as % of QIBs59.93%
No. of shares locked-in for 30 days4,09,200
No. of shares locked-in for 90 days4,09,200
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 FINAVENUE GROWTH FUND FINAVENUE 1,86,000 2.01 22.73 6.46
2 ASHIKA GLOBAL SECURITIES LTD. ASHIKA GLOBAL SECURITIES 1,05,600 1.14 12.90 3.67
3 IMAP INDIA CAPITAL INVESTMENT TRUST IMAP INDIA 1,05,600 1.14 12.90 3.67
4 J4S VENTURE FUND J4S 1,05,600 1.14 12.90 3.67
5 SHINE STAR BUILD-CAP PVT.LTD. SHINE STAR 1,05,600 1.14 12.90 3.67
6 TATTVAM AIF TRUST TATTVAM 1,05,600 1.14 12.90 3.67
7 RAJASTHAN GLOBAL SECURITIES PVT.LTD. RAJASTHAN GLOBAL SECURITIES 1,04,400 1.13 12.76 3.62
8,18,4008.8410028.42

IPO Subscription FAQs

The Forge Auto International IPO is subscribed 34.5228 times by Sep 30, 2024 18:19.

Forge Auto International IPO Subscription

Investor Category Subscription (times)
Qualified Institutional20.1272
Non Institutional58.5526
Retail Individual61.9549
Total Subscription34.5228

Retail category of Forge Auto International IPO subscribed 61.9549 times as of date Sep 30, 2024 18:19. The public issue closes on Mon, Sep 30, 2024 for bidding.

An investor can apply in Forge Auto International IPO online via bank (using ASBA) or the broker (using UPI). The Forge Auto International IPO shares are offered online only.

The Forge Auto International IPO is subscribed 34.5228 times by Sep 30, 2024 18:19.

The Forge Auto International IPO allotment status is expected on or around Tuesday, October 1, 2024. Visit Forge Auto International IPO allotment status to check.

The Forge Auto International IPO listing date is October 4, 2024. The equity share of Forge Auto International IPO will list on NSE SME.

Visit Forge Auto International IPO subscription status page for real-time bidding information about Forge Auto International IPO.

Forge Auto International IPO Timetable

IPO opens OnThursday, September 26, 2024
IPO Closes OnMonday, September 30, 2024
Finalisation of Basis of AllotmentTuesday, October 1, 2024
Initiation of RefundsThursday, October 3, 2024
Credit of Shares to Demat AccountThursday, October 3, 2024
IPO Listing DateFriday, October 4, 2024
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