Munish Forge Ltd IPO – Dates, Price Band & Lot Size
The Munish Forge Ltd IPO will be live from 30 Sep'25 to 03 Oct'25 with an issue size of ₹73.92 crores. The IPO is priced in the band of ₹0.00–₹96.00 per share with a minimum lot size of 2400.00 shares. Stay updated with IPO dates, allotment status, and listing details.
Min Investment ₹230400.00
Subscribed Times 3.35x
Issues size ₹74 Crores
Price Range ₹0.00 - ₹96.00
Open on 30 Sep'25
Close on 03 Oct'25
Munish Forge Ltd IPO Details
Lot Size 2400.00
Issue size ₹74 Crores
Issue Type Book Building
Munish Forge Ltd Shares Offered
Qualified Inst. Buyers -13.28
Non Inst. Buyers 26.92
Retails Ind. Buyers 46.49
Munish Forge Ltd Subscription Status
(as of 14 Jan 2026) Overall Status 3.35x
Qualified Inst. Buyers -8.09x
Non Inst. Buyers 3.87x
Retails Ind. Buyers 2.66x
Munish Forge Ltd IPO Timeline
30 Sep'25 Issue Open
03 Oct'25 Issue Close
06 Oct'25 Finalization of Basis of Allotment
07 Oct'25 Initiation of refund
07 Oct'25 Transfer of shares to Demat Account
08 Oct'25 Listing Date
Munish Forge Ltd Objects of the offer
Enhancing Efficiency and Promoting Sustainability.
Strategic Growth and Market Expansion.
Corporate Governance and Sustainability Commitment.
Expansion into the Railway Sector.
Munish Forge Ltd Company's Financials
Assets(cr) Mar 2025 128.37 Mar 2024 93.08
Gross Profit(cr) Mar 2025 22.71 Mar 2024 8.54
Liabilities(cr) Mar 2025 60.97 Mar 2024 52.55
Net Income(cr) Mar 2025 14.30 Mar 2024 4.39
Revenue(cr) Mar 2025 175.45 Mar 2024 159.89
Munish Forge Ltd Peer Comparison
Script Name Munish Forge Ltd Revenue(cr) 159.89 Net Profit(cr) 4.39 EPS 0.00 Current Ratio 4.21
Script Name Ramkrishna Forgings Ltd Revenue(cr) 3954.88 Net Profit(cr) 341.44 EPS 20.09 Current Ratio 6.43
Script Name Happy Forgings Ltd Revenue(cr) 1358.24 Net Profit(cr) 242.98 EPS 26.75 Current Ratio 12.88
Munish Forge Ltd IPO
Munish Forge Ltd Company Contact Info
Village Gobindgarh Adjoining-,
Phase VII Focal Point,
Ludhiana-141010
Phone : +91-161-5218 900
Munish Forge Ltd Registrar & Transfer Agent
Skyline Financial Services Pvt
D-153/A 1st Flr,
Okhla Industrial Are-New Delhi-110020
Phone : 011 - 26812682 / 83
Fax : 011 - 26812682
Munish Forge Ltd Book Running Managers
Gretex Corporate Services Ltd
Offer Related Information
Initial public offer of 77,00,400* equity shares of face value of Rs. 10/- each (the Equity Shares) of Munish Forge Limited (the Company or the Offer) for cash at a price of Rs. 96 per equity share including a share premium of Rs. 86 per equity share (the Offer Price) aggregating to Rs.73.92 Crore (the Offer) comprising of fresh offer of 63,56,400 equity shares aggregating to Rs. 61.02 Crore (Fresh Offer) and an offer sale of 13,44,000 equity shares by Mr. Davinder bhasin (Selling Shareholder) aggregating to Rs. 12.90 Crore (Offer for Sale)(Public Offer). the offer includes a reservation of 3,85,200 equity shares aggregating to Rs. 3.70 Crore will be reserved for subscription by market maker to the offer (the Market Maker Reservation Portion). the offer less the market maker reservation portion i.e. net offer of 73,15,200 equity shares aggregating to Rs. 70.23 Crore ( The Net Offer).Price Band: Rs. 91/- to Rs. 96/- for equity share of face value of Rs. 10 each.The floor price is 9.10 times times the face value and cap price is 9.60 times of the face value of the equity shares.Bids can made for a minimum of 2,400 equity shares and in multiples of 1,200 equity shares thereafter.
Munish Forge Ltd IPO FAQs
What is the issue size of Munish Forge Ltd IPO?
The issue size of Munish Forge Ltd IPO is ₹ 74 crore.
What is 'pre-apply' for Munish Forge Ltd IPO?
'Pre-apply' lets you place your IPO application before the official opening date.
If I pre-apply for Munish Forge Ltd IPO, when will my order get placed?
Your order will be placed automatically once the IPO opens for subscription.
When will I know if my Munish Forge Ltd IPO order is placed?
You'll get a confirmation via SMS/email once your IPO order is successfully placed.
What are the open and close dates of the Munish Forge Ltd IPO?
The IPO opens on 30 Sep and closes on 03 Oct.
What is the lot size and minimum order quantity of the Munish Forge Ltd IPO?
The minimum order is 1 lot, which consists of 2400.00 shares.
What is the allotment date for the Munish Forge Ltd IPO?
The allotment is expected on 06 Oct.
Who is the registrar of the Munish Forge Ltd IPO?
Skyline Financial Services Pvt is the registrar for this IPO.
Where is the Munish Forge Ltd IPO getting listed?
It will be listed on NSE.