Metalic Technoforge
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Metalic Technoforge
Price 72 to 77
GMP Rumors ₹3
Lot size 1600
Issue size ₹49.96 Cr
Allotment 24-07-2026
Listing 28-07-2026
Suggestion Avoid
Allotment Status Bigshare
Video https://youtu.be/be_ByNzKcj4
All Info. Education Purpose Only.

About

NSE List Price :

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Category Times
QIBs 4.58x
HNIs 17.42x
Retail 7.00x
Total : 8.55x

IPO Market Lot(s) Distribution

Application Lot Size Shares Amount
Retail Minimum 2 3,200 ₹246,400
Retail Maximum 2 3,200 ₹246,400
S-HNI Minimum 3 4,800 ₹369,600
S-HNI Maximum 8 12,800 ₹985,600
B-HNI Minimum 9 14,400 ₹1,108,800

About the Company

Established in 2016, Metalic Technoforge Ltd. is engaged in the manufacturing of closed-die forged and precision-machined components. The company offers a diverse portfolio of complex and safety-critical products, including rings, ball studs, gear blanks, gears, coupling assemblies, and various other precision-engineered components.

The company serves both domestic and international OEMs across the automotive and non-automotive sectors. Its products are supplied to manufacturers of passenger vehicles, tractors, commercial vehicles, agricultural machinery, hydraulic equipment, construction equipment, and other general engineering applications.

Metalic Technoforge operates an integrated manufacturing facility that covers the complete production cycle, including die design and manufacturing, forging, heat treatment, shot blasting, precision machining, testing, and quality assurance. The company manufactures components using carbon steel, alloy steel, stainless steel, aluminium, brass, and copper, as per customer-specific requirements.

The company adheres to globally recognized quality and manufacturing standards and has obtained certifications such as IATF 16949, ISO 14001:2015, ISO 45001:2018, PED 2014/68/EU & AD 2000 W0, and ZED Bronze Certification, demonstrating its focus on product quality, environmental sustainability, and workplace health and safety.

Company Financial Report

Amount ₹ in Crores
Period Ended Revenue Expense PAT Assets
2023 ₹47.13 ₹45.39 ₹1.26 ₹21.23
2024 ₹51.50 ₹45.58 ₹4.26 ₹33.67
2025 ₹75.64 ₹63.05 ₹9.03 ₹65.10
2026 ₹97.98 ₹80.35 ₹12.36 ₹92.09

Company Promoter

Mr. Gajipara Keyur Dhirajlal

Mr. Trambadiya Dhaval Vrajlal

Mr. Vadodariya Satish Rameshbhai

Mr. Kapadiya Vipul K

Mr. Rupapara Jay Rameshbahi

Mr. Gajipara Ronakkumar Mansukhbhai

Ms. Ekta Satish Vadodariya

Know before investing

  • • Strengths

    Integrated Manufacturing Operations: The company has a fully integrated manufacturing setup capable of performing forging, machining, heat treatment, testing, and quality inspection at a single location. This integrated approach enhances process efficiency, strengthens quality control, and supports on-time product delivery.

    Strong Quality Management Framework: The company maintains rigorous quality control and assurance practices backed by globally recognized certifications. These systems help deliver consistent product quality while ensuring adherence to customer specifications and industry standards.

  • • Risks

    Regional Revenue Concentration Risk: A substantial share of the company's domestic revenue is derived from customers based in Gujarat, Maharashtra, and Uttar Pradesh. Any unfavorable economic, regulatory, or market conditions in these states may have a material impact on the company's operations and financial performance.

    Supplier Concentration Risk: The company depends on a limited group of suppliers for the procurement of critical raw materials and does not maintain long-term supply contracts. Any interruption in supply, deterioration in material quality, or rise in input costs could adversely affect its operations, margins, and overall profitability.

Objects of the Issue & Utilisation of proceeds

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

Full or part repayment and/or prepayment of certain outstanding secured borrowings availed by the Company.

General Corporate Purpose

Company  Address

Metalic Technoforge Ltd.
Sr. No.-129/1 P4(New Survey no. 296), Plot No.-5&6
Padavala Main Road, Opp. Electric Power House, Kot
VillagePadavala, Veraval (Shapar), Kotda Sanghani
Rajkot, Gujarat, 360024
Phone: +91- 9033332532
Email: investors@metalictechnoforge.com
Website: https://www.metalictechnoforge/

IPO Registrar

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Phone: 8657578989/8069219065/8069219060
Email: ipo@bigshareonline.com
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