₹32.96 Crores | Listing at NSE | Fri, Jul 10, 2026 - Mon, Jul 20, 2026
Ganga Forging Ltd. Rights Issue comprises 20.22 Cr equity shares aggregating to ₹32.96 Cr, offered at an issue price of ₹1.63 per share with a face value of ₹1 per share.
The record date for determining eligible shareholders is Jul 2, 2026, with the Rights Issue being offered in the entitlement ratio of 3:2.
As per the terms of payment, ₹1.63 per share payable in full at the time of application.
The Rights Entitlements are expected to be credited to eligible demat accounts on Jul 3, 2026.
The Rights Issue opens on Jul 10, 2026 and closes on Jul 20, 2026.
The deemed date of allotment is Jul 21, 2026, following which the equity shares are expected to be credited to demat accounts on Jul 22, 2026 and listed on the NSE on Jul 22, 2026.
MUFG Intime India Pvt.Ltd. is the Registrar to the Issue.
Investors are advised to refer to the Ganga Forging Ltd. Letter of Offer for detailed information, including risk factors, issue terms, and procedural details.
Record Date
Thu, Jul 2, 2026
Entitlement Ratio
3 : 2
Open Date
Fri, Jul 10, 2026
Close Date
Mon, Jul 20, 2026
Ganga Forging Ltd.'s revenue decreased by 18% and profit after tax (PAT) dropped by 696% between the financial year ending with March 31, 2026 and March 31, 2025.
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Total Income | 35.79 | 43.45 | 3,730.54 |
| Profit After Tax | -3.65 | 0.61 | 0.44 |
| NET Worth | 28.50 | 32.19 | 31.41 |
| Reserves and Surplus | 15.02 | 18.71 | 18.00 |
| Amount in ₹ Crore | |||
Incorporated in December 1988, Ganga Forging Limited is an Indian manufacturer of closed-die forged and machined steel components, catering to industries such as automotive, railways, construction equipment, agriculture, mining, oil & gas, and power transmission. The company manufactures a wide range of precision-engineered products including crankshafts, connecting rods, yokes, flanges, clamps, trunnions, spiders, and other customized forged components as per customer specifications.
With over three decades of industry experience, Ganga Forging operates an integrated manufacturing setup equipped with automated forging and machining lines, CAD/CAM die design facilities, heat treatment, quality testing laboratories, and advanced machining infrastructure. The company supplies products to both domestic and international customers, offering raw, semi-finished, and fully machined forged components while maintaining ISO 9001:2015 quality standards.
Led by experienced promoters and management, Ganga Forging focuses on engineering excellence, customer-centric manufacturing, timely delivery, and continuous product innovation to strengthen its position in the forging industry.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment of Loan Availed for the Solar Power Project | 6.00 |
| 2 | For Capital Expenditure towards the Solar Power Project | 3.38 |
| 3 | Repayment of Loan Availed for procuring machinery for Elastic Rail Clip and Forging Business | 1.70 |
| 4 | For Capital Expenditure towards the Forging Business | 2.28 |
| 5 | Repayment of Cash Credit Facility availed for the forging business | 7.00 |
| 6 | To Meet Working Capital Requirements for the Production of Elastic Rail Clip (“ECR”) | 7.37 |
| 7 | General Corporate Purposes | 4.88 |
| Total | 32.61 |
Ganga Forging Rights Issue July 2026 is subscribed 0.01 times as on Jul 10 2026 17:00:39. The total bid quantity received by NSE is 13,57,742 shares. Check Day by Day Subscription Details (Live Status)
| Date | NSE Bid Quantity | Subscription Times |
|---|---|---|
Jul 10 2026 17:00:39 | 13,57,742 | 0.01x |
Ganga Forging Ltd.
Sr. No. 55/1 P6/P1/P1
Near Shree Stamping at: Road Pipaliya Tal
Gondal
Rajkot, 360311
The Ganga Forging Rights Issue July 2026 opens on Fri, Jul 10, 2026, and closes on Mon, Jul 20, 2026.
Ganga Forging Rights Issue July 2026 Schedule
| Last Date for credit of Rights Entitlements | Fri, Jul 3, 2026 |
| Last Date for renunciation of Rights Entitlements | Wed, Jul 15, 2026 |
| Issue Opening Date | Fri, Jul 10, 2026 |
| Issue Closing Date | Mon, Jul 20, 2026 |
| Date of Allotment (on or about) | Tue, Jul 21, 2026 |
| Date of Credit (on or about) | Wed, Jul 22, 2026 |
| Date of Listing (on or about) | Wed, Jul 22, 2026 |
You can apply for Ganga Forging Rights Issue July 2026 in two ways:
Steps to apply for Ganga Forging Rights Issue July 2026 using Net Banking (ASBA)
Steps to apply for Ganga Forging Rights Issue July 2026 using Registrar's website (R-WAP)
