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

Tirupati Forge Limited IPO (Tirupati Forge IPO) Details

Tirupati Forge Limited is an Engineering - Automotive based company, located in Rajkot, Tirupati Forge Limited IPO size was 5.22 Cr. and was issued at 29.00 per share. The share of Tirupati Forge Limited were listed at 34.10 per share and are currently trading at 0.00 per share.

Type :
Sub Sector : Manufacturing Of Closed Die Forged Products Like Auto Component Bearings Gears
SME IPO
NSE EMERGE

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

Revenue :
16.37 Cr.

PAT :
0.51 Cr.

Pricing Report

Issue Price :
29.00

Listing Price :
34.10

Current Market Price :
0.00

Issue Price vs CMP :
29 (100.00%)

listing Price vs CMP :
34.1 (100.00%)

Performance Report (CAGR* wise)

CAGR : -100
-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 Tirupati Forge

Company Information
Tirupati Forge is an ISO 9001:2008 certified Company engaged in manufacturing of closed die forged products like auto component, bearings, gears, etc and forged flanges of mild steel, carbon steel, stainless steel, etc. based out at Hadamtala Industrial Estate, Rajkot, Gujarat. They started their operations in 2012, under the management of thir Directors, Ajay Sardhara and Bhavesh Barsiya. Later on, Hitesh Thummar joined the board of the Company and under his guidance they have expanded their sales and operations to domestic market on long scale basis. The Company was initially set up to cater the requirements of international market mainly to United States of America and gradually, they have started exporting their products to Italy, Morocco, etc and domestic market. Out of their total revenue
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Object of Issue
  • Working Capital requirements
  • Repayment of Loan
  • General Corporate Purpose

Tirupati Forge SME IPO Details (at the time of IPO)

IPO Type :
Fixed Price
IPO Date :
Oct, 2017
IPO Size :
5.22 Cr.
PE Multiple :
33.00
IPO Registrar:
Link Intime India Private Limited
Anchor Investors:

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Peer Companies Of This Sector

FAQs

Tirupati Forge operates in Engineering - Automotive and Manufacturing Of Closed Die Forged Products Like Auto Component Bearings Gears. The Issue is listed on NSE EMERGE in Oct, 2017. Tirupati Forge IPO size was 5.22 Cr. with Issue price of 29.00 .

Tirupati Forge IPO subscription was 0.00 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.

Tirupati Forge IPO listed at a listing price of 34.10 against the offer price of 29.00.

The current market price of Tirupati Forge is 0.00.

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