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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  

Project

  • 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

Attention Investor:

1) "KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (Broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."         2) For Stock Broking Transaction "Prevent unauthorised transactions in your account Update your mobile numbers / email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile / email at the end of the day .... Issued in the interest of Investors."         3) For Depository Transaction "Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from NSDL on the same day....Issued in the interest of investors."         4) No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.