31 Mar 2024
Assets28.65
Total Income48.24
EBITDA3.86
Profit After Tax1.70
NET Worth6.93
Reserves and Surplus6.44
Total Borrowing11.19
At a glance
Updated 2026-08-24Advance Technoforge is a SME IPO with an issue size of ₹24.04 crore, proposed for listing on BSE SME. The offer opens on 27th Jul 2026 and closes on 29th Jul 2026. The issue structure includes a fresh issue of ₹22.81 crore.
Issue details
Listing atBSE SME
Issue typeFixed Price Issue
Issue size₹24.04 Cr
Fresh issue₹22.81 Cr
Face value₹10
Price band—–—
Allotment30th Jul 2026
Listing3rd Aug 2026
Grey market
GMP page ↗Latest GMP₹4.00
GMP / upper priceNO DATA
Est. listing₹99.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens27th Jul 2026
Closes29th Jul 2026
Allotment30th Jul 2026
Refund31st Jul 2026
Demat31st Jul 2026
Listing3rd Aug 2026
Subscription demand
Full bidding ↗Total1.55×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2400 | ₹228,000 |
| Retail (Max) | 2 | 2400 | ₹228,000 |
Reservation
Issue mix
NII (HNI)47.44%12,00,000 shares
Retail47.44%12,00,000 shares
Firm Reservations
Market Maker5.12%1,29,600 shares
Total100.00%25,29,600 shares
Company
Use of proceeds
| Object | Amount |
|---|---|
| Purchase and installation of machinery for manufacturing of precision machine components at the Existing Premises (Including GST) | ₹7.19 Cr |
| Part Funding of working capital requirements | ₹7.25 Cr |
| Repayment / Prepayment of all or certain of borrowings availed by the Company | ₹2.40 Cr |
| General Corporate purposes | ₹3.59 Cr |
| Issue Expenses | ₹3.60 Cr |
| Total | ₹24.03 Cr |
Financials
Full financials ↗31 Mar 2025
Assets39.51
Total Income51.16
EBITDA5.52
Profit After Tax2.70
NET Worth9.56
Reserves and Surplus3.13
Total Borrowing17.51
31 Mar 2026
Assets46.92
Total Income50.73
EBITDA8.35
Profit After Tax4.06
NET Worth13.38
Reserves and Surplus7.19
Total Borrowing17.29
Trend chart₹ crore
KPIs
| KPI | Mar 31, 2026 |
|---|---|
| ROE | 30.33% |
| ROCE | 22.52% |
| Debt / Equity | 1.29% |
| RoNW | 30.33% |
| PAT Margin | 8.11% |
| EBITDA Margin | 16.69% |
| Price to Book Value | 4.61 |
Valuation & shareholding
Pre-IPO EPS6.24
Post-IPO EPS4.49
Pre-IPO P/E15.22
Post-IPO P/E21.16
Promoter holding pre100%
Promoter holding post71.99%
Market cap₹85.78 Cr.
Issue expenses
| Expense | Amount |
|---|---|
| Purchase and installation of machinery for manufacturing of precision machine components at the Existing Premises (Including GST) | ₹7.19 Cr |
| Part Funding of working capital requirements | ₹7.25 Cr |
| Repayment / Prepayment of all or certain of borrowings availed by the Company | ₹2.40 Cr |
| General Corporate purposes | ₹3.59 Cr |
| Issue Expenses | ₹3.60 Cr |
| Total | ₹24.03 Cr |
Registrar & lead managers
Registrar
Kfin Technologies Ltd.Lead managers
- Location
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-24.