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Manumangalanubhai Manumangalangaldas Securities Pvt. Ltd. Member: BSE - NSE - CDSL

Technology . Transparency . Trust

MARKET

IPO Synopsis
Metalic Technoforge Ltd
Registered Office: Sr.No.129/1 P4 (N.#.05&06), Padavala Main Rd VeravalShapar, Rajkot - 360024, Gujarat
Phone: 1
Email: 1
Website: 1
Initial public offer of upto 64,88,000 equity shares of face value of Rs.10/- each (the "equity shares") of Metalic Technoforge Limited ("the company" or "Metalic" or "the issuer") for cash at a price of Rs. 72-77 per equity share including a share premium of Rs. 62-67 per equity share (the "issue price") aggregating to Rs. 46.71-49.96 Crores ("the Issue"), of which upto 3,28,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 72-77 per equity share including a share premium of Rs. 62-67 per equity share aggregating to Rs. 2.36-2.53 Crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e., Net issue of upto 61,60,000 equity shares of face value of Rs. 10/- each at a price of Rs. 72-77 per equity share including a share premium of Rs. 62-67 per equity share aggregating to Rs. 44.35-47.43 Crores is herein after referred to as the "net issue". The issue and the net issue will constitute 27.05% and 25.68% respectively of the post issue paid up equity share capital of the company. Price Band: Rs. 72 to Rs. 77 per equity share of face value of Rs. 10/- each. The floor price is 7.2 times the face value of the equity shares and the cap price is 7.7 times the face value of the equity shares. Bids can be made for a minimum of 3200 equity shares and in multiples of 1600 equity shares thereafter.
Issue Money Payable On
Opens On Closes On Application Allotment
21-Jul-2026 23-Jul-2026 77.00 - 0.00 0.00 - 0.00
Cr. Lead Managers to the Issue
Project Cost 43.47
Project Financed through Current Offer 49.96
Post Issue Equity Share Capital 23.98
Issue Price 77.00
Projects
Funding of capital expenditure requirements of the Company towards setting up of the proposed Manufacturing Unit IV and upgradation of existing units at manufacturing facility in Rajkot, Gujarat.
Full or part repayment and/or prepayment of certain outstanding secured borrowings availed by its Company.
General corporate purposes
Promoted By
Gajipara Keyur Dhirajlal
Trambadiya Dhaval Vrajlal
Vadodariya Satish Rameshbhai
NSE - SME
Registrar to the Issue
Bigshare Services Pvt Ltd
Attention Investor
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