IPO

Explore our secure online trading, IPO bidding, mutual fund investments, and depository services, all designed to provide seamless transactions, expert insights, and real-time market access for smart investing

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 premium of Rs. 85.00 per equity share) ("Issue Price") aggregating to Rs. 24.03 Crores comprising of fresh issue of 25,29,600 equity share ("the Issue") of which 1,29,600 equity shares aggregating to Rs. 1.23 Crores will be reserved for subscription by market maker ( "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e., Issue of 24,00,000 equity shares at the issue price aggregating to Rs. 22.80 Crores ( "Net Issue"). The issue and the net issue will constitute 28.01% and 26.58% 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.

Issue

Opens On

Closes On

27-Jul-2026

29-Jul-2026

Money Payable On

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

Projects

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 our borrowings availed by its Company

General corporate purposes

Promoted By

Nilesh Shambhubhai Moliya

Pradipbhai Bhikhabhai Vora

Daxaben Nileshbhai Moliya

Listing At

BSE - SME

Registrar to the Issue

KFin Technologies Ltd