243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Forge Auto International Limited

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 85.95 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 :
85.95

Issue Price vs CMP :
22.05 (20.42%)

listing Price vs CMP :
23.4 (21.40%)

Performance Report (CAGR* wise)

CAGR : -65.18
-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.

SME IPO Details (at the time of IPO)

IPO Date :
Oct, 2024
IPO Size :
31.10 Cr.
Market Cap :
117.94 Cr.   
Subscription :
49.28 X     
PE Multiple :
17.63
Merchant Banker :
Hem Securities Limited

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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 85.95.

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