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HNIs	0.00x
Retail	0.00x
Total : 0.00x

IPO Market Lot(s) Distribution

Application	Lot Size	Shares	Amount
Retail Minimum	2	2,400	₹228,000
Retail Maximum	2	2,400	₹228,000
S-HNI Minimum	3	3,600	₹342,000

About the Company

Incorporated in 2013, Advance Technoforge Limited (ATL) is engaged in the manufacturing and export of closed die forgings, upset forgings, and ring rolling forgings, supplied in both rough and precision-machined forms. The company serves the automotive and industrial engineering industries with a diverse portfolio of forged and machined components.

ATL offers comprehensive manufacturing solutions, beginning with product design and development through forging, machining, heat treatment, testing, and final validation. The company possesses in-house expertise to manufacture complex forged components using carbon steel as well as stainless steel.

Starting operations with an installed production capacity of 3,000 MT per annum, the company has steadily enhanced its manufacturing capabilities by adopting advanced technologies and expanding its integrated production facilities. ATL produces precision-machined and heat-treated forging components for a broad range of engineering applications.

The company is committed to providing high-quality, cost-efficient engineering solutions, supported by its integrated manufacturing infrastructure and technologically advanced production processes.

Company Financial Report

_{Amount ₹ in Crores}

Period Ended	Revenue	Expense	PAT	Assets
2022	₹31.56	₹30.98	₹0.40	₹22.00
2023	₹37.91	₹36.92	₹0.75	₹22.17
2024	₹48.24	₹45.97	₹1.70	₹29.15
Sep 2024	₹26.01	₹24.19	₹1.35	₹33.28

Company Promoter

Nilesh Shambhubhai Moliya

Pradipbhai Bhikhabhai Vora

Daxaben Nileshbhai Moliya

Kajal Alpesbhai Moliya

Know before investing

• • Strengths

  Experienced Leadership Team: The company is managed by seasoned promoters and an experienced management team with strong industry expertise. Their knowledge and leadership contribute to operational excellence, business expansion, and sustainable long-term growth.

  Integrated Manufacturing Capabilities with Diverse Product Portfolio: The company operates a fully integrated manufacturing facility encompassing forging, machining, heat treatment, testing, and validation under one roof. Its broad product portfolio allows it to serve a wide range of engineering and automotive applications.

• • Risks

  Customer Concentration Risk: A substantial share of the company's revenue is generated from a limited number of key customers. Any loss of major customers or decline in business from them may adversely impact revenue, operations, and overall financial performance.

  Raw Material Supplier Dependence: The company depends on a limited number of suppliers for procuring steel, its key raw material, and does not have long-term supply arrangements. Any disruption in availability or fluctuations in steel prices may negatively affect production activities and profitability.

Objects of the Issue & Utilisation of proceeds

Purchase and installation of machinery for manufacturing of precision machine components at the Existing Premises (Including GST).

Part Funding of working capital requirements.

General Corporate Purpose.

Company  Address

Advance Technoforge Ltd.
Sr. No.121, Plot No.1 to 6, At& Po. Padavala Road,
Opp. Eaterflow Piping System,
Veraval Shapar, Lodhika
Rajkot, Gujarat, 360024
Phone: +91 9825368310
Email: cs@advancetechforge.com
Website: http://www.advancetechforge.com/

IPO Registrar

Kfin Technologies Ltd.
Phone: 040-79615565
Email: ncml.ipo@kfintech.com
Website: https://ipostatus.kfintech.com/

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