Forge Auto International IPO

Listed Listed stocks

Forge Auto International IPO Details

  • Bidding Date

    26-Sep-2024 to
    30-Sep-2024

  • Issue Size

    ₹31.1 Cr

  • Price Band

    ₹102 to ₹108

  • Allotment date

    01-Oct-2024

  • Listing date

    04-Oct-2024

  • Lot size

    1200

  • No. of shares

    28,80,000

  • Fresh issue/OFS

    ₹31.1 Cr /--

About Forge Auto International Company

Forge Auto International Limited is an engineering company specializing in forging and manufacturing precision-machined components and safety-critical parts. These include large rings, small rings, ball studs, gear blanks, stub axle assemblies, and flange yokes, which cater to both automotive and non-automotive sectors. Founded in 2001 as a partnership firm, the company initially entered the forging sector and gradually expanded its operations over the years. The company serves domestic and international Original Equipment Manufacturers (OEMs) across industries like automotive, agriculture, railways, and hydraulic machinery. As of 2024, it has established a robust forging capacity of 20,000 MTs and a machining capacity of 2.5 million units annually.

Subscription Status

  • Category

    Status

  • QIBs

    --

  • NIIs

    --

  • Retail

    --

  • Others

    --

  • Total

    45.8x

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FAQs for Forge Auto International IPO.

The issue size of Forge Auto International is ₹31.10 Cr.

Forge Auto International falls into Metal Processing industry.

The Forge Auto International IPO will be listed on BSE.

The open and close dates for the Forge Auto International are 26-Sep-2024 & 30-Sep-2024.

The price band for the Forge Auto International ipo is ₹102 to ₹108

The listing date of Forge Auto International IPO is 04-Oct-2024.

The purpose of this IPO is to raise fresh capital.

Forge Auto International total subscription ratio is 45.8X.

Key financial of the Forge Auto International are:


Forge Auto International FY-24 FY-23 FY-22
Revenue (₹ Cr) 180.12 176.65 132.88
EBIT (₹ Cr) 11.94 9.33 5.42
Proft after Tax (₹ Cr) 6.69 4.96 2.64
Debt (₹ Cr) 40.46 31.83 26.2
Net Worth (₹ Cr) 20.81 16.6 13.68
RoE (%) 32.14 29.88 19.3