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News Details

( As on 17/07/2026 07:00)

Metalic Technoforge announces launch of initial public offering

Metalic Technoforge Ltd. has announced public offering of 6488000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 67.00 per share. The gross proceeds of the issue are expected to be Rs 4,995.76 lakhs.

The company's initial public offer (IPO) will open on 21 July 2026 and is expected to close on 23 July 2026, subject to customary closing conditions. The price band of the issue has been fixed at Rs 72.00-77.00 per share.

The IPO includes a fresh Issue of 6488000 Equity Shares of the Company at an price of Rs 77.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1600 shares with bids in multiples of 1600.

Metalic Technoforge Ltd. anticipates using the proceeds of the issue for .

Smart Horizon Capital Advisors Pvt. Ltd. as lead manager & Bigshare Services Pvt. Ltd. is the registrar, to the issue.