35  Total SME IPOs listed in 2025

1636.98 Crs.  Total funds raised in 2025

27  SME IPOs listed with Gain in 2025

8  SME IPOs listed with loss in 2025

35  Total SME IPOs listed in 2025

1636.98 Crs.  Total funds raised in 2025

27  SME IPOs listed with Gain in 2025

8  SME IPOs listed with loss in 2025

35  Total SME IPOs listed in 2025

1636.98 Crs.  Total funds raised in 2025

27  SME IPOs listed with Gain in 2025

8  SME IPOs listed with loss in 2025

35  Total SME IPOs listed in 2025

1636.98 Crs.  Total funds raised in 2025

27  SME IPOs listed with Gain in 2025

8  SME IPOs listed with loss in 2025

Ganga Forging Limited IPO (Ganga Forging IPO) Details

Ganga Forging Limited is an Automobile - Forging And Casting based company, located in Rajkot, Ganga Forging Limited IPO size was 5.00 Cr. and was issued at 21.00 per share. The share of Ganga Forging Limited were listed at 21.20 per share and are currently trading at 5.04 per share.

Type :
Sub Sector : Manufacturing Of Closed Die Forged Products Catering
SME IPO
NSE EMERGE

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

Revenue :
17.79 Cr.

PAT :
0.48 Cr.

Pricing Report

Issue Price :
21.00

Listing Price :
21.20

Current Market Price :
5.04

Issue Price vs CMP :
15.96 (76.00%)

listing Price vs CMP :
16.16 (76.23%)

Performance Report (CAGR* wise)

CAGR : -19.39
-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 Ganga Forging

Company Information
Originally incorporated in 1989, Ganga Forging is manufacturer in forging industry and is engaged in manufacturing of closed die forged products catering to both automotive and non-automotive segment. Automotive segment include manufacturing of products catering to commercial vehicle, passenger car, three wheeler, two wheeler and tractor. Non-automotive segment include electric power transmission, dairy equipment manufacturing, agricultural, gear and gear box, crank shafts, connecting road, heavy engineering industrial, hubs and flanges. Their Company also complies with Quality Assurance System like ISO and strives to deliver quality products to the customers. Their Company is ISO 9001:2008 certified. They believe in manufacturing and delivering quality products and Their manufacturing process is under constant supervision by Engineers. The entire system is backed by proper documentation, traceability until the end
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Object of Issue
  • To finance setting up of Closed Die Forging manufacturing facility
  • General Corporate Purposes

Ganga Forging SME IPO Details (at the time of IPO)

IPO Type :
Fixed Price
IPO Date :
Jul, 2018
IPO Size :
5.00 Cr.
IPO Subscription :
1.78 X     
PE Multiple :
32.00
IPO Registrar:
Link Intime India Private Limited
Anchor Investors:
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Peer Companies Of This Sector

FAQs

Ganga Forging operates in Automobile - Forging And Casting and Manufacturing Of Closed Die Forged Products Catering. The Issue is listed on NSE EMERGE in Jul, 2018. Ganga Forging IPO size was 5.00 Cr. with Issue price of 21.00 .

Ganga Forging IPO subscription was 1.78 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.

Ganga Forging IPO listed at a listing price of 21.20 against the offer price of 21.00.

The current market price of Ganga Forging is 5.04.

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