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Metalic Technoforge
Price Band
₹72.0–77.0
Issue Size
₹49.96 Cr
Lot Size
1,600 shares
Min Investment
₹246,400
GMP
+₹0.0 (0.0%)
Issue Price
₹77.0
calendar_month Important Dates
bar_chart Subscription Status
IPO not open yet
Opens 21 Jul 2026 · in 5 days
trending_up Grey Market Premium (GMP)
GMP
₹0.0
GMP %
0.0%
Est. Listing
₹77.0
schedule Updated: 16 Jul 2026 11:15
Share GMP:
business About the Company
Incorporated in October 2016, Metalic Technoforge Ltd. manufactures closed-die forged and precision-machined components. The company's product portfolio includes complex, safety-critical forged and precision-machined products such as big and small rings, ball studs, gear blanks with broaching, gears, coupling assemblies, and other critical components for various industries. The company serves domestic and global OEMs across automotive and non-automotive sectors. Automotive OEMs include manufacturers of automobiles, tractors, and commercial vehicles. Non-automotive OEMs include manufacturers of agricultural equipment, hydraulic equipment, construction machinery, and general engineering products. The company's manufacturing unit is situated in Rajkot, Gujarat. As of March 01, 2026, the Company had an order book of approximately ₹ 2,447.06 lakhs. As of February 28, 2026, the company had 188 personnel at its manufacturing units and registered office.
payments Company Financials (₹ Cr)
| Period Ended | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 76.56 | 65.10 | 33.67 | 21.23 |
| Total Income | 43.22 | 75.64 | 51.50 | 47.13 |
| Profit After Tax | 5.28 | 9.03 | 4.26 | 1.26 |
| EBITDA | 9.57 | 16.08 | 7.29 | 2.57 |
| NET Worth | 26.33 | 17.40 | 7.72 | 3.46 |
| Reserves and Surplus | 25.30 | 16.40 | 7.37 | 3.11 |
| Total Borrowing | 17.17 | 4.70 | 2.08 |
Key Ratios
NAV
₹10.24
ROE
71.87%
ROCE
31.88%
RoNW
51.88%
PAT Margin
12.14%
Debt/Equity
1.61
Peer Comparison
| Company | NAV | RoNW | P/E (x) | EPS Basic | EPS Diluted |
|---|---|---|---|---|---|
| Paramount Speciality Forgings Limited | 28.57 | 7.57% | 14.93 | 2.16 | 2.16 |
| Tirupati Forge Limited | 10.53 | 4.72% | 135.43 | 0.51 | 0.51 |
| Amic Forging Ltd | 197.6 | 13.31% | 66.91 | 26.78 | 26.78 |
| Metalic Thermoforminge Ltd This IPO | 19.1 | 37% | — | 7.12 | 7.12 |
Promoters
Gajipara Keyur Dhirajlal, Trambadiya Dhaval Vrajlal, Vadodariya Satish Rameshbhai, Kapadiya Vipul K, Rupapara Jay Rameshbahi, Gajipara Ronakkumar Mansukhbhai, Ekta Satish Vadodariya
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Funding of capital expenditure requirements of the Company towards setting up of the proposed Manufacturing Unit IV and upgradation of existing units at manufacturing facility in Rajkot, Gujarat 30.81 2 Full or part repayment and/or prepayment of certain outstanding secured borrowings availed by the Company. 6.72 3 General Corporate Purpose Total 37.53
info Issue Details
pie_chart Investor Allocation
Registrar
Lead Managers / Book Running
timeline IPO Timeline
Open
21 Jul 2026
Close
23 Jul 2026
Allotment
24 Jul 2026
Listing
28 Jul 2026