247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Forge Auto International Limited IPO (Forge Auto International IPO) Details

Forge Auto International Limited is an Engineering - Automotive based company, located in Ludhiana, Forge Auto International Limited IPO size was 31.10 Cr. and was issued at 108.00 per share. The share of Forge Auto International Limited were listed at 109.35 per share and are currently trading at 86.00 per share.

Type :
Sub Sector : Engineering Company That Forges And Manufactures Complex, Safety-critical, Forged, And Precision-machined Components For The Auto Industry
SME IPO
NSE EMERGE

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
181.57 Cr.

PAT :
6.68 Cr.

Pricing Report

Issue Price :
108.00

Listing Price :
109.35

Current Market Price :
86.00

Issue Price vs CMP :
22 (20.37%)

listing Price vs CMP :
23.35 (21.35%)

Performance Report (CAGR* wise)

CAGR : -53.69
-ve 0 6 9 12+
Below Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Forge Auto International

Company Information
Forge Auto International Limited is an engineering company engaged into forging and manufacturing of complex and safety critical, forged and
precision machined components such as big ring, small ring, big ball stud, gear blank with broach, stub axle assembly, flange
yoke 325 HS, catering to different industry sectors like auto industry including automobiles, tractors, railways etc. and non-auto
sectors like agriculture parts, hydraulic parts, striking tools etc. They primarily serve their customers comprising of domestic and
global original equipment manufacturers (
Object of Issue
  • To meet Working Capital requirements
  • Repayment of specific borrowing availed by the Company
  • General Corporate Purpose

Forge Auto International SME IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Oct, 2024
IPO Size :
31.10 Cr.
Market Cap :
117.94 Cr.   
IPO Subscription :
49.28 X     
PE Multiple :
17.63
Merchant Banker :
Hem Securities Limited
IPO Registrar:
Bigshare Services Private Limited

Thinking of
Listing Your Business through
SME IPO?

We can Help!

Contact Us Today

See Other SME IPOs in Ludhiana

Dolfin Rubbers Limited

  manufacturing Auto and Animal Driven Vehicle (ADV) tubes.

  Ludhiana


Marshall Machines Limited

  Machine Tool Equipment.

  Ludhiana


Paramount Dye Tec Limited

  produces yarns by recycling waste synthetic fiber, catering to the B2B segment

  Ludhiana


Peer Companies Of This Sector

FAQs

Forge Auto International operates in Engineering - Automotive and Engineering Company That Forges And Manufactures Complex, Safety-critical, Forged, And Precision-machined Components For The Auto Industry. The Issue is listed on NSE EMERGE in Oct, 2024. Forge Auto International IPO size was 31.10 Cr. with Issue price of 108.00 .

Forge Auto International IPO subscription was 49.28 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Forge Auto International IPO listed at a listing price of 109.35 against the offer price of 108.00.

The current market price of Forge Auto International is 86.00.

Services

IPO Advisory
IPO Advisory
In-depth, experienced and seamless execution throughout the IPO Process.
IPO Readiness
IPO Readiness
IPO Roadmap by improving Business Efficiencies, Financial Parameters and Corporate Structure to become IPO ready.
Fund Raising
Fund Raising
Fuelling a company's growth through Pre IPO Fund Raise, Private Equity, and Angel Investing.
SME : Business Scaling
SME Business Upscaling
Provide support to build a scalable SME business by unleashing the SME potential.
Post IPO Montoring
Post IPO Mentoring
Assisting with post IPO regulatory requirements and Performance Monitoring to achieve the milestone of Mainboard migration.

Thinking of
Listing Your Business through SME IPO?

We can help! Contact Us

Why Us?

  • Leading portal for IPOs
  • End to End Solutions
  • Known for Transparency