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

Munish Forge Ltd

Registered Office : Village Gobindgarh Adjoining-,Phase VII Focal Point,Ludhiana Punjab 141010 Phone : +91-161-5218 900
Fax :

Email : cs@munishforge.com

Website : www.munishforge.com

Initial public offer of 77,00,400* equity shares of face value of Rs. 10/- each (the "Equity Shares") of Munish Forge Limited ("the Company" or "the Offer") for cash at a price of Rs. 96 per equity share including a share premium of Rs. 86 per equity share (the "Offer Price") aggregating to Rs.73.92 Crore ("the Offer") comprising of fresh offer of 63,56,400 equity shares aggregating to Rs. 61.02 Crore ("Fresh Offer") and an offer sale of 13,44,000 equity shares by Mr. Davinder bhasin ("Selling Shareholder") aggregating to Rs. 12.90 Crore ("Offer for Sale")("Public Offer"). the offer includes a reservation of 3,85,200 equity shares aggregating to Rs. 3.70 Crore will be reserved for subscription by market maker to the offer (the "Market Maker Reservation Portion"). the offer less the market maker reservation portion i.e. net offer of 73,15,200 equity shares aggregating to Rs. 70.23 Crore ( The "Net Offer"). Price Band: Rs. 91/- to Rs. 96/- for equity share of face value of Rs. 10 each. The floor price is 9.10 times times the face value and cap price is 9.60 times of the face value of the equity shares. Bids can made for a minimum of 2,400 equity shares and in multiples of 1,200 equity shares thereafter.

Issue

Opens On

Closes On

30-Sep-2025

03-Oct-2025

Money Payable On

Application

Allotment

96.00

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)

0.00

73.92

24.07

96.00

Gretex Corporate Services Ltd

Projects

Capital expenditure towards Civil construction and Purchase of additional Plant & Machinery

Repayment/Pre-payment of Certain Debt Facilities

Working Capital Requirements

General Corporate Purposes

Promoted By

Davinder Bhasin

Dev Arjun Bhasin

Minakshi Bhasin

Listing At

NSE - SME

Registrar to the Issue

Skyline Financial Services Pvt