IPO

IPO Synopsis Metalic Technoforge Ltd
Registered Office : Sr.No.129/1 P4 (N.#.05&06),Padavala Main Rd VeravalShapar, Rajkot - 360024, Gujarat, India.
Phone : +91 90333 32532   Fax:
Email : investors@metalictechnoforge.com
Website :www.metalictechnoforge.com
Initial public offer of 64,88,000 equity shares of face value of Rs.10/- each (the "Equity Shares") of Metalic Technoforge Limited ("the Company" or "Metalic" or "the Issuer") at an issue price of Rs. 77 per equity share including a share premium of Rs. 67 per equity share (the "Issue Price") aggregating to Rs. 49.96 Crores ("the Issue"), of which 3,28,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 77 per equity share including a share premium of Rs. 67 per equity share aggregating to Rs. 2.53 Crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e., Net issue of 61,60,000 equity shares of face value of Rs. 10/- each at a price of Rs. 77 per equity share including a share premium of Rs. 67 per equity share aggregating to Rs. 47.43 Crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 27.05% and 25.68% respectively of the post issue paid up equity share capital of the company. Price Band: Rs. 77 per equity share of face value of Rs. 10/- each. The floor price is 7.7 times the face value of the equity shares. Bids can be made for a minimum of 3200 equity shares and in multiples of 1600 equity shares thereafter. 
Issue Money Payable On
Opens On Closes On Application Allotment
 21-Jul-26  23-Jul-26  77.00-0.00  0.00-0.00
Minimum Application for shares in Nos :  3200   Further Multiples of :  1600
  Rs Cr Lead Managers to the Issue
Project Cost  43.47 Smart Horizon Capital Advisors Private Limited
Project Financed through Current Offer  49.96  
Post Issue Equity Share Capital  23.98  
Issue Price  77.00  
Projects
 Funding of capital expenditure requirements of the Company towards setting up of the proposed Manufacturing Unit IV and upgradation of existing units at manufacturing facility in Rajkot, Gujarat.  Full or part repayment and/or prepayment of certain outstanding secured borrowings availed by its Company.
 General corporate purposes
Promoted By
 Gajipara Keyur Dhirajlal
 Trambadiya Dhaval Vrajlal
 Vadodariya Satish Rameshbhai
Listing At
 NSE - SME
Registrar to the Issue
 Bigshare Services Pvt Ltd
 
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