Advance Technoforge IPO

Advance Technoforge is a listed issue, offered in a price band of ₹95 to ₹95 per share, in lots of 2400 shares. Every figure below is taken from the issue's own filings and exchange disclosures.

Issue details

Price band

₹95 – ₹95

Lot size

2400 shares

Minimum investment

₹2,28,000

Issue size

₹24.03 Cr

Fresh issue

₹24.03 Cr

Offer for sale

—

Opens

27 Jul 2026

Closes

29 Jul 2026

Listing date

3 Aug 2026

Registrar

Kfin Technologies Ltd.

Symbol

ADVANCETL

One lot of 2400 shares at the upper band price of ₹95 is ₹2,28,000 — the smallest retail application this issue accepts.

Lead managers: Sun Capital Advisory Services Pvt. Ltd.

Subscription status

How many times the issue has been applied for, by investor category, as reported by the exchange at 29 Jul 2026, 06:10 pm IST.

Grey market premium (GMP)

Latest reported GMP

₹5

Implied over upper band

5.30%

As of

3 Aug 2026, 07:05 pm IST

How the reported premium has moved. The trend matters more than any single reading — a premium that is drifting down into the close is a different signal from one holding firm.

Grey Market Premium is an unofficial, unregulated over-the-counter datapoint reported by third parties. It is not a price, a forecast, or an indication of listing gains, and is not investment advice.

Reported financials

As disclosed in the offer document. Figures in ₹ crore unless the filing states otherwise.

Strengths disclosed in the offer document

• Experienced promoters and management team with extensive industry knowledge and experience.
• Scalable business model with a focus on customer specifications and quality.
• Large and diverse product portfolio catering to various industries.
• Integrated manufacturing facility with advanced technologies.
• Well-developed distribution network and strong sales, marketing, and distribution capabilities.
• Unique brand positioning and strong emphasis on quality assurance and control.

Risk factors disclosed in the offer document

• Reliance on a few key customers for a significant portion of revenue, making the company vulnerable to customer loss or changes in their sourcing strategies.
• Dependence on a limited number of suppliers for primary raw materials, with no fixed supply agreements, posing a risk of negative impact on business if suppliers fail to meet needs.
• Exposure to foreign currency exchange rate fluctuations, which may adversely affect results of operations, cash flows, and financial results.
• Indebtedness, including various conditions and restrictions imposed by financing agreements, could limit the company's ability to react to business changes and fund future capital needs.
• Inability to comply with prescribed technical specifications and quality standards could lead to product defects, customer dissatisfaction, and cancellation of orders.
• Obsolescence, destruction, breakdowns, or failures in maintaining plant and equipment could adversely affect business operations, cash flows, financial condition, and results of operations.
• Exposure to risks related to product liability claims, where product defects could lead to additional costs or loss of future orders.

These are the company's own disclosures, not Alphave's assessment. Read the offer document →

What this page will not tell you

Whether to apply

Alphave is NISM-certified, not a SEBI-registered research analyst. There is no rating, verdict or recommendation on this issue anywhere on this page.

What it will list at

Nobody knows, and GMP is not a forecast of it. It is an unofficial over-the-counter quote reported by third parties, shown here with its source time so you can judge how stale it is.

Your allotment

Allotment is decided by the registrar (Kfin Technologies Ltd.) after the issue closes. Track the whole calendar in the IPO Centre.

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