Market capitalisation is the post-issue share count in the offer document’s capital structure (2,39,84,400 shares) multiplied by the upper end of the price band, ₹77. It is arithmetic on those two filed figures, not a valuation.
The minimum application is 3,200 shares, ₹2,46,400 at the ₹77 cut-off. Since 1 July 2025 SME issues take a minimum application of ₹2,00,000 or more from individual investors; the HNI minimum is set in the RHP. Amounts are shown at the upper band because applications are made at the cut-off price.
Metalic Technoforge IPO Strengths & Risks as disclosed in the DRHP
▲ Strengths (7)
The company has an integrated manufacturing facility with four units, three of which are operational and equipped with modern machinery.
The company has a solar power plant with an installed capacity of 1 MW, which partially sources renewable energy and reduces dependence on conventional power sources.
The company manufactures a diversified range of precision-engineered components for automotive and non-automotive industries.
The company has in-house design and new product development capabilities.
The company holds certifications including IATF 16949, ISO 14001:2015, ISO 45001:2018, ZED Bronze, and PED-2014/68/EU & AD 2000 W0.
The company has a confirmed order book of approximately ₹2,447.06 lakhs as of March 01, 2026.
The company maintains long-term relationships with customers and focuses on acquiring new customers.
▼ Risk factors (8)
A significant portion of revenue is derived from customers located in Gujarat, Maharashtra, and Uttar Pradesh, making the company exposed to region-specific risks.
The company depends on a limited number of suppliers for raw materials and lacks long-term contractual arrangements, exposing it to supply, quality, and pricing risks.
The company's profitability is significantly dependent on its ability to anticipate industry and customer requirements and utilize resources efficiently.
The company's operations are dependent on its existing machinery, equipment, and technology, and any failure to maintain or adapt to technological changes may adversely affect its business.
The company is subject to various laws and extensive government regulations, and failure to obtain or maintain licenses and approvals could adversely affect its business.
The company may face potential conflicts of interest with its promoters, promoter group, or group entities.
The company has certain contingent liabilities, the materialization of which could adversely affect its business, financial condition, cash flows, and results of operations.
The company's registered office and manufacturing facility are leased, and failure to renew agreements or relocate on commercially reasonable terms could have a material adverse effect.
Metalic Technoforge IPO Dates timeline · IST
Issue opens
Tue, 21 Jul, 2026
Bidding 10:00 am – 5:00 pm IST
Issue closes
Thu, 23 Jul, 2026
Last day to bid · UPI mandate by 5:00 pm
Allotment finalisedTentative
Fri, 24 Jul, 2026
By Bigshare Services; check with PAN, application no. or DP ID
Refunds & UPI unblockTentative
Mon, 27 Jul, 2026
Unallotted amounts released · allotted shares credited to demat
Listing
Tue, 28 Jul, 2026
NSE SME · trading from 10:00 am IST
Exchange bidding runs 10:00 am – 5:00 pm IST on each day of the issue; UPI mandates must be accepted by 5:00 pm on the closing day, and brokers may stop taking bids earlier. Allotment, refund and credit dates follow SEBI’s T+3 listing timeline in trading days and are tentative until the registrar and the exchange confirm them.
Allotment is decided and published by the issue’s registrar, not by the exchange and not by alphave. For Metalic Technoforge Limited, the registrar is Bigshare Services Pvt. Ltd. — allotment is finalised in the days between the issue closing on 23 Jul 2026 and listing on 28 Jul 2026.
RegistrarBigshare Services Pvt. Ltd.
You will needPAN, application number or demat ID
Issue closes23 Jul 2026
Listing date28 Jul 2026
The registrar publishes allotment on its own portal: Bigshare. Your bank will also show the blocked amount released if shares were not allotted.
Metalic Technoforge IPO Dates FAQs
When does Metalic Technoforge IPO open and close?
Bidding for the Metalic Technoforge Limited IPO opens on 21 July 2026 and closes on 23 July 2026. Exchange bidding runs from 10:00 am to 5:00 pm IST on each day; UPI mandates must be accepted by 5:00 pm on the closing day, and brokers may stop taking bids somewhat earlier.
What is the Metalic Technoforge IPO listing date?
The shares are scheduled to list on 28 July 2026 on NSE SME. Trading starts at 10:00 am IST after the special pre-open session that discovers the listing price.
How do I apply for Metalic Technoforge IPO?
Applications are made through a broker's app or a bank's net banking using ASBA, or by UPI mandate, between 21 July 2026 and 23 July 2026. The amount is only blocked, not debited, until allotment. Retail bids of up to ₹2,00,000 are usually placed at the cut-off price (₹77); a UPI mandate must be approved by 5:00 pm on the closing day.
What is the last date to apply for Metalic Technoforge IPO?
23 July 2026 is the last day of bidding. Allotment is then expected on 24 July 2026, refunds and demat credit on 27 July 2026, and listing on 28 July 2026 — tentative until confirmed.
Metalic Technoforge IPO Registrar where allotment and refund queries go
RegistrarBigshare Services Pvt. Ltd.
The registrar processes the allotment and the refunds. Contact details are as printed in the offer document; the exchange and your broker cannot change an allotment.
How to Apply for the Metalic Technoforge IPO ASBA and UPI, as SEBI sets them
Apply through your broker’s IPO window or your bank’s net banking (ASBA). The money stays in your own account and is only blocked until allotment.
Choose the number of lots and bid at the cut-off price. SME issues take a minimum application of two lots, so the smallest valid bid is the amount shown in the lot table above.
If you applied through a broker, approve the UPI mandate in your payment app. The mandate must be approved by 5 pm on the day after your bid, and by 5 pm on the closing day for bids made on the last day (23 Jul 2026).
One application per PAN. A second application under the same PAN is rejected, and both may be.
After allotment the blocked amount is released for shares not allotted. Allotment and refund queries go to the registrar, Bigshare Services Pvt. Ltd., not to the exchange or the broker.
What is GMP in an IPO?
Grey Market Premium is the price at which an unlisted IPO application or share changes hands informally, before the stock is listed on the exchange. It is quoted as a rupee figure over the issue price: a premium of ₹8 on a ₹77 upper band means the grey market is dealing at ₹85.
The grey market is an over-the-counter market between private dealers. It is not operated or supervised by NSE, BSE or SEBI, no trade is settled through a clearing corporation, and no dealer is obliged to publish or honour a quote. Figures are collected by third-party reporters and different sources routinely disagree, which is why a premium can move sharply within a day or vanish entirely once bidding closes.
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.