IPO
IPO Synopsis Advance Technoforge Ltd
Registered Office : Sr.No.121 Plot No.1-6 At.& Po.,Padavala Rd Veraval Shapar, Rajkot - 360024, Gujarat, India.
Phone : +91 98253 68310   Fax:
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 share premium of Rs. 85.00 per equity share (the "Issue Price") aggregating to Rs. 24.03 Crores ("the Issue") of which 1,29,600 equity shares aggregating to Rs. 1.23 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 24,00,000 equity shares aggregating to Rs. 22.80 Crores (the"Net Issue"). The issue and the net issue will constitute 28.01% and 26.58% respectively 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-26  29-Jul-26  95.00-0.00  0.00-0.00
Minimum Application for shares in Nos :  2400   Further Multiples of :  1200
  Rs 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 the company 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
 
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