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Advance Technoforge Ltd
Advance Technoforge Ltd
Registered Office : Sr.No.121 Plot No.1-6 At.& Po.,Padavala Rd Veraval Shapar,Rajkot Gujarat 360024 Phone : +91 98253 68310
Fax :
Email : cs@advancetechforge.com
Website : www.advancetechforge.com/
Initial public issue of 25,29,600 equity shares of face value of Rs. 10 each ("Equity Shares") of Advance Technoforge Limited (the "Company" or the "Issuer") for cash at a price of Rs. 95.00 per equity share including a share premium of Rs. 85.00 per equity share (the "Issue Price") aggregating to Rs. 24.03 Crores ("the Issue") of which 1,29,600 equity shares aggregating to Rs. 1.23 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 24,00,000 equity shares aggregating to Rs. 22.80 Crores (the"Net Issue"). The issue and the net issue will constitute 28.01% and 26.58% respectively of the post issue paid-up equity share capital of the company. The Issue Price is Rs. 95.00 per equity share and the face value of the equity shares is Rs. 10 each and the issue price is 9.5 times of the face value. Minimum application size of 2,400 equity shares and in multiples of 1,200 equity shares thereafter.
Opens On
Closes On
27-Jul-2026
29-Jul-2026
Application
Allotment
95.00
0.00
Minimum Application for shares in Nos : 2400.0 Further Multiples of : 1200.0
₹Cr
Lead Managers to the Issue
Project Cost (₹.Cr)
Project Financed through Current Offer (₹.Cr)
Post Issue Equity Share Capital (₹.Cr)
Issue Price (₹.Cr)
20.43
24.03
9.03
95.00
Sun Capital Advisory Services Pvt Ltd
- Purchase and installation of machinery for manufacturing of precision machine components at the existing premises (including GST)
- Part funding of working capital requirements
- Repayment / Prepayment of all or certain of the company borrowings availed by its Company
- General corporate purposes
- Nilesh Shambhubhai Moliya
- Pradipbhai Bhikhabhai Vora
- Daxaben Nileshbhai Moliya
- BSE - SME
- KFin Technologies Ltd
