| Advance Technoforge Ltd |
|---|
| Registered Office: Sr.No.121 Plot No.1-6 At.& Po., Padavala Rd Veraval Shapar, Rajkot - 360024, Gujarat |
| Phone: +91 98253 68310 |
| Email: cs@advancetechforge.com |
| Website: www.advancetechforge.com/ |
| Initial public issue of 25,29,600 equity shares of face value of Rs. 10 each ("Equity Shares") of Advance Technoforge Limited (the "Company" or "the Issuer") for cash at a price of Rs. 95.00 per equity share (including a premium of Rs. 85.00 per equity share) ("Issue Price") aggregating to Rs. 24.03 Crores comprising of fresh issue of 25,29,600 equity share ("the Issue") of which 1,29,600 equity shares aggregating to Rs. 1.23 Crores will be reserved for subscription by market maker ( "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e., Issue of 24,00,000 equity shares at the issue price aggregating to Rs. 22.80 Crores ( "Net Issue"). The issue and the net issue will constitute 28.01% and 26.58% of the post-issue paid-up equity share capital of the company. The Issue Price is Rs. 95.00 per equity share and the face value of the equity shares is Rs. 10 each and the issue price is 9.5 times of the face value. Minimum application size of 2,400 equity shares and in multiples of 1,200 equity shares thereafter. |
| Issue | Money Payable On | ||
|---|---|---|---|
| Opens On | Closes On | Application | Allotment |
| 27-Jul-2026 | 29-Jul-2026 | ₹ 95.00 | ₹ 0.00 |
| Minimum Application for shares in Nos : 2400.0 Further Multiples of : 1200.0 | ||
|---|---|---|
| (₹)Cr. | Lead Managers to the Issue | |
| Project Cost | 20.43 | Sun Capital Advisory Services Pvt Ltd |
| Project Financed through Current Offer | 24.03 | |
| Post Issue Equity Share Capital | 9.03 | |
| Issue Price | ₹95.00 | |
| Projects |
|---|
| Purchase and installation of machinery for manufacturing of precision machine components at the existing premises (including GST) |
| Part funding of working capital requirements |
| Repayment / Prepayment of all or certain of our borrowings availed by its Company |
| General corporate purposes |
| Promoted By |
|---|
| Nilesh Shambhubhai Moliya |
| Pradipbhai Bhikhabhai Vora |
| Daxaben Nileshbhai Moliya |
| Listing At |
|---|
| BSE - SME |
| Registrar to the Issue |
|---|
| KFin Technologies Ltd |
