October, 01 2025 Wednesday 03:25 Hrs
  • SENSEX :   80,267.62

  • Top commodity trading and broking companies in India-97.32( -0.12%) 30-Sep-2025

IPO Synopsis

Munish Forge Ltd
  • Registered Office: Village Gobindgarh Adjoining-,Phase VII Focal Point, Ludhiana - 141010, Punjab, India.
  • Phone : +91-161-5218 900   Fax:
  • Email : cs@munishforge.com
  • Website :www.munishforge.com
Initial public offer of upto 77,00,400* equity shares of face value of Rs. 10/- each (the "Equity Shares") of Munish Forge Limited ("the Company" or "the Offerr") at an offer price of Rs. [*] per equity share for cash, aggregating up to Rs. [*] crores comprising of fresh offer of upto 63,56,400 equity shares aggregating to Rs. [*] crores ("Fresh Offer") and an offer for sale of upto 13,44,000 equity shares by Davinder Bhasin ("Selling Shareholder") aggregating to Rs. [*] crores ("Offer for Sale") ("Public Offer"). The offer includes a reservation of upto [*] equity shares of face value of Rs. 10/- each, at an offer price of Rs. [*] per equity share for cash, aggregating Rs. [*] crores will be reserved for subscription by the market maker to the offer (the "Market Maker Reservation Portion"). The public offer less market maker reservation portion i.e. net offer of upto [*] equity shares of face value of Rs. 10/- each, at an offer price of Rs. [*] per equity share for cash, aggregating upto Rs. [*] crores is herein after referred to as the "Net Offer". The public offer and net offer will constitute [*] % and [*] % respectively of the post-offer paid-up equity share capital of the company. The face value of equity shares is Rs. 10/- each. The offer price is [*] times the face value of the equity shares. The price band and the minimum bid lot will be decided by the company. Price Band: Rs. 91/- to Rs. 96/- for equity share of face value of Rs. 10 each. The floor price is 9.10 times times the face value and cap price is 9.60 times of the face value of the equity shares. Bids can made for a minimum of 1,200 equity shares and in multiples of 1,200 equity shares thereafter.
Issue
Opens On Closes On
30-Sep-25 03-Oct-25
Money Payable On
Application Allotment
91.00 0.00
Minimum Application for shares in Nos : 1200 Further Multiples of : 1200
(.Cr) Lead Managers to the Issue
Project Cost (.Cr) 0.00 Gretex Corporate Services Ltd
Project Financed through Current Offer (.Cr) 70.07  
Post Issue Equity Share Capital (.Cr) 24.07
Issue Price () 91.00
Projects
Capital expenditure towards Civil construction and Purchase of additional Plant & Machinery
Repayment/Pre-payment of Certain Debt Facilities
Working Capital Requirements
General Corporate Purposes
Promoted By
Davinder Bhasin
Dev Arjun Bhasin
Minakshi Bhasin
Listing At
NSE - SME
Registrar to the Issue
Skyline Financial Services Pvt
Top
Attention Investor:
Prevent unauthorised transactions in your account Update your mobile numbers/email IDs with your stock brokers/Depository Participant.     KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, ,Mutual ).    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.