| Forge Auto International Ltd |
|---|
| Registered Office: Village Mangarh, Kohara Machhiwara Road, Ludhiana - 141001, Punjab |
| Phone: +91 89999 99195 |
| Email: sm@aint.in |
| Website: www.failtd.com |
| Initial public offer of upto 28,80,000 equity shares of face value of Rs. 10/- each (the "Equity Shares") of Forge Auto International Limited ("The Company" or "The Issuer") at an issue price of Rs. 108 per equity share (including share premium of Rs. 98 per equity share) for cash, aggregating up to Rs. 31.10 crores ("Public Issue") out of which 1,46,400 equity shares of face value of Rs. 10 each, at an issue price of Rs. 108 per equity share for cash, aggregating Rs. 1.58 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of 27,33,600 equity shares of face value of Rs. 10 each, at an issue price of Rs. 108 per equity share for cash, aggregating upto Rs. 29.52 crores is herein after referred to as the "Net Issue". The public issue and net issue will constitute 26.37% and 25.03 % respectively of the post-issue paid-up equity share capital of the company. |
| Issue | Money Payable On | ||
|---|---|---|---|
| Opens On | Closes On | Application | Allotment |
| 26-Sep-2024 | 30-Sep-2024 | ₹ 108.00 | ₹ 0.00 |
| Minimum Application for shares in Nos : 1200.0 Further Multiples of : 1200.0 | ||
|---|---|---|
| (₹)Cr. | Lead Managers to the Issue | |
| Project Cost | 0.00 | Hem Securities Ltd |
| Project Financed through Current Offer | 31.10 | |
| Post Issue Equity Share Capital | 10.92 | |
| Issue Price | ₹108.00 | |
| Projects |
|---|
| To meet working capital requirements |
| Repayment of certain borrowings availed by the company in part or full |
| General corporate purposes |
| Promoted By |
|---|
| Pramod Gupta |
| Rajan Mittal |
| Listing At |
|---|
| NSE - SME |
| Registrar to the Issue |
|---|
