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Open
26 Sep 2024
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Close
30 Sep 2024
3
Allotment
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Listing
Fri, Oct 4, 2024
Price Band
₹102 to ₹108
Issue Size
28,80,000 shares (agg. up to ₹31 Cr)
Lot Size
1,200 Shares
Listing Date
Fri, Oct 4, 2024
Latest GMP
₹15
Est. Gain
13.89%
✦ AI Insight
GMP Trend
04-10-2024₹15Est. ₹123+13.89%
03-10-2024₹15Est. ₹123+13.89%
02-10-2024₹15Est. ₹123+13.89%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 34.79x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 101.49 | 82.74 | 56.78 |
| Total Income | 181.57 | 177.64 | 134.00 |
| Profit After Tax | 6.69 | 4.96 | 2.64 |
| NET Worth | 20.21 | 16.60 | 13.68 |
| Reserves and Surplus | 12.77 | ||
| Total Borrowing | 40.46 | 31.83 | 26.20 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Mandeep Auto Industries Ltd. | SME | ₹25.25 Cr | ₹67 | 10.15 | ₹65.35 | -2.46% | ₹17.20 |
| Emmforce Autotech Ltd. | SME | ₹53.90 Cr | ₹98 | 33.5 | ₹195.51 | +99.50% | ₹180.15 |
| Thaai Casting Ltd. | SME | ₹47.20 Cr | ₹77 | 25.99 | ₹195.15 | +153.44% | ₹111.30 |
| New Swan Multitech Ltd. | SME | ₹33.11 Cr | ₹66 | 9.32 | ₹131.67 | +99.50% | ₹40.00 |
| Kross Ltd. | Mainboard | ₹500.00 Cr | ₹240 | 28.93 | ₹259.81 | +8.25% | ₹211.28 |
| ASK Automotive Ltd. | Mainboard | ₹833.91 Cr | ₹282 | 45.63 | ₹310.10 | +9.96% | ₹610.15 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To meet Working Capital requirements | 19.00 |
| 2 | Repayment of certain borrowing availed by our Company, in part or full | 5.00 |
| 3 | General Corporate Purpose | 4.29 |
About Forge Auto International IPO
Updated on Aug 5, 2026
Contact Details
Forge Auto International Ltd. AddressVillage MangarhKoharaMachhiwara RoadLudhiana, Punjab, 141001+91- 8999999195sm@aint.inVisit Website