Forge Auto International IPO
ListedForge Auto International IPO Details
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Bidding Date
26-Sep-2024 to
30-Sep-2024 -
Issue Size
₹31.1 Cr
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Price Band
₹102 to ₹108
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Allotment date
01-Oct-2024
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Listing date
04-Oct-2024
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Lot size
1200
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No. of shares
28,80,000
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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
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Category
Status
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QIBs
--
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NIIs
--
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Retail
--
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Others
--
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Total
45.8x
FAQs for Forge Auto International IPO.
What is the issue size of Forge Auto International IPO?
The issue size of Forge Auto International is ₹31.10 Cr.
What is the industry of Forge Auto International?
Forge Auto International falls into Metal Processing industry.
Where Forge Auto International IPO will be listed?
The Forge Auto International IPO will be listed on BSE.
What are the open and close dates for the Forge Auto International IPO?
The open and close dates for the Forge Auto International are 26-Sep-2024 & 30-Sep-2024.
What are the price band for Forge Auto International IPO?
The price band for the Forge Auto International ipo is ₹102 to ₹108
What is the listing date of Forge Auto International IPO?
The listing date of Forge Auto International IPO is 04-Oct-2024.
What is the purpose for the Forge Auto International IPO?
The purpose of this IPO is to raise fresh capital.
How much times Forge Auto International IPO subscribed?
Forge Auto International total subscription ratio is 45.8X.
What are the key financials for the Forge Auto International IPO?
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 |