08 Oct 2025 | 3 Mins Read
Munish Forge lists amid investor caution
Flipitmoney
Munish Forge to list on NSE SME October 8. Its Rs 73.92 crore IPO was 3.53 times subscribed with healthy participation across categories. The stock is expected to list near its issue price (Rs 91-96) due to 0% GMP, indicating little near-term upside. Its FY25 revenue rose 11% to Rs 178.6 crore and profit surged threefold to Rs 14.3 crore.