The public issue of Advance Technoforge Ltd. received 0.25x subscription on the issue opening day, Jul 27, 2026. The company has received bids for 0.06 crore shares against 0.24 crore shares offered.
Category-wise Subscription Breakdown
- Non-Institutional Investors (NIIs) subscribed 0.14 times (Bids received for 0.02 crore shares against 0.12 crore shares reserved).
- Retail Individual Investors (RIIs) booked 0.36 times (Bids received for 0.04 crore shares against 0.12 crore shares reserved).
Advance Technoforge IPO Specifics
- Issue Type: SME IPO
- Issue Size: 0.24 crore shares worth ₹24.03 crores
- Issue Structure: Fresh issue only
- Lot Size: 2,400 shares
- Issue Price: ₹95 per share
The minimum investment amount for individual investor and non-institutional investor is ₹2,28,000 and ₹3,42,000 respectively.
Sun Capital Advisory Services Pvt.Ltd. has been appointed as the book-running lead manager for the IPO, while Kfin Technologies Ltd. is serving as the issue registrar.
IPO Tentative Timeline
- Subscription closes: Jul 29, 2026
- IPO allotment status finalization: Jul 30, 2026
- Refunds and share transfers: Jul 31, 2026
- Listing date: Aug 3, 2026
