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News Details

( As on 22/07/2026 11:50)

Advance Technoforge announces launch of initial public offering

Advance Technoforge Ltd. has announced public offering of 2529600 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 85.00 per share. The gross proceeds of the issue are expected to be Rs 2,403.12 lakhs.

The company's initial public offer (IPO) will open on 27 July 2026 and is expected to close on 29 July 2026, subject to customary closing conditions.

The IPO includes a fresh Issue of 2529600 Equity Shares of the Company at an price of Rs 95.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1200 shares with bids in multiples of 1200.

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

Sun Capital Advisory Services Pvt. Ltd. as lead manager & KFin Technologies Ltd. is the registrar, to the issue.