The ₹24.03 crore IPO of Advance Technoforge Ltd. continues to attract investors on Day 2, with a subscription rate of 0.33 times so far. The IPO closes for bidding on Jul 29, 2026.
Advance Technoforge IPO Day 2 Live Subscription Updates
Retail Individual Investors (RIIs) category received 0.60x subscription while Non-Institutional Investors (NII) segment was subscribed 0.05x.
Advance Technoforge IPO Issue Details
- Issue Structure: Fresh Issue only
- Fresh Issue: 0.25 crore shares worth ₹24.03 crore
- Pricing Method: Fixed Price IPO
- Price: ₹95 per share
- Retail Individual Investor - Minimum Investment: ₹2,28,000
- Non-Institutional Investor - Minimum Investment: ₹3,42,000
This offering is being managed by Sun Capital Advisory Services Pvt.Ltd. who is serving as the Book-Running Lead Manager for the issue, and Kfin Technologies Ltd. is the Registrar for the issue.
