ListedSMEMetal - FerrousADVTECH

Advance Technoforge IPO

Advance Technoforge IPO is an SME IPO raising ₹24 Cr at a fixed price of ₹95 a share. It listed on 3 Aug 2026 at ₹94, −1.1% against its issue price of ₹95, and trades at ₹64 today (−32.5% since issue). It was subscribed 0.64× in total.

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₹95

Issue price

₹64

Price now

−32.5%

Since issue price

3 Aug 2026

Listed on

0.64×Subscribed (final) · all exchanges

Only 64% of shares on offer have been bid for

populated partly populated we hold nothing here — the tab says why

Terms of the issue

The mechanics of what is being sold. Held for every issue we track.

Issue price (fixed)₹95

Cut-off price₹95

Issue size₹24 Cr

Shares per lot1200

Minimum application₹1,14,000

Minimum quantity2400

Face value₹10

Listing exchangesBSE

ISININE13ZJ01010

Bidding hours10:00 – 17:00 IST

Bidding window27 Jul 2026 – 29 Jul 2026

SME

What being an SME issue means here. SME issues list on NSE Emerge or BSE SME. They disclose less than mainboard issues, trade far more thinly, and — by regulation — the minimum application is a full lot worth roughly ₹1–1.5 lakh rather than about ₹15,000. That is why the minimum above is so much larger than for a mainboard issue.

Not here yet

Valuation against the issuer's named peers, what the fresh money funds, and the anchor-investor allocation come from reading the prospectus, which we do for current and upcoming issues — historical issues will not gain them.