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Munish Forge Ltd IPO

₹2,30,400

/ 2,400
Cutoff - Lot Size
Munish Forge Ltd IPO

₹2,30,400

/ 2,400

Cutoff - Lot Size

Open Date

30 Sep 2025

Close Date

03 Oct 2025

Listing Date

08 Oct 2025

Max Investment

₹9,21,600

Price Range

₹91 - ₹96

Lot Size

-

IPO Size

₹73.92Cr

Exchange Symbols

NSE - MUNISH, BSE - N/A

Munish Forge IPO Dates and Timelines

30 Sep 2025 Open date
03 Oct 2025 Close Date
06 Oct 2025 Basis of
Allotment Date
07 Oct 2025 Initiation of
Refund
07 Oct 2025 Credit of
Shares
08 Oct 2025 Listing Date
30 Sep 2025
Open date
03 Oct 2025
Close Date
06 Oct 2025
Basis of
Allotment Date
07 Oct 2025
Initiation of
Refund
07 Oct 2025
Credit of
Shares
08 Oct 2025
Listing Date

Munish Forge IPO Size

Munish Forge IPO Reservation

Investor Category
Shares Offered
Allocation Percentage %
Anchor Investor Shares Offered
21,94,560
-
QIB Shares Offered
36,57,600
50.0%
NII (HNI) Shares Offered
10,97,280
15.0%
Retails Shares Offered
25,60,320
35.0%
Total Shares Offered
77,00,400
-
Total Shares with Anchor Investor
58,52,160
100%

Munish Forge IPO Lot Size

Applications
Lot
Shares
Amount
Retail (Min)
-
-
-
Retail (Max)
-
-
-
S-HNI (Min)
1
2400
₹2,30,400
S-HNI (Max)
4
9600
₹9,21,600
B-HNI (Min)
5
12000
₹11,52,000

Munish Forge IPO Shareholding Pattern

Category
Pre-Issue
Post-issue
Promoter Group
100.00%
68.01%
Public Group
0.00%
31.99%

Munish Forge IPO Financials

Total Assets Total Liabilities
Total Revenue Total Expenditure
EBITDA Profit
Share Capital

Munish Forge IPO Peers

Peer Name
P/E(x)
RoNW%

Munish Forge IPO Strengths & Risks

Strength

Torus

Risks

Torus

TorusExperienced Promoters.

TorusIntegrated manufacturing facility.

TorusQuality Assurance and Control.

TorusQuality Driving Global Reach.

IPO Registrars

Skyline Financial Services Pvt

Phone Number:
91-11-26812682
Email ID:
admin@skylinerta.com/virenr@skylinerta.com
Website:
www.skylinerta.com

Munish Forge Limited

Our company was established as Gaisu Forge Private Limited in 1986, underwent multiple transformations before becoming a public limited company in December 2024. A leading forging and casting manufacturer, it supplies highprecision components for Defense, Oil & Gas, Automotive, Railways, Agriculture, and Infrastructure, including flanges, scaffolding, auto parts, tank track chains, bomb shells, and fence posts. As a key supplier to the Indian Army, it produces battle tank track chains and bomb shells. With a strong presence in India, the USA, UK, Canada, and Europe, Munish Forge continues to expand as a trusted partner known for its integrated production, innovation, and commitment to quality excellence.

Contact Details
IPO Company Name:
Munish Forge Limited
Phone Number:
+91-161-5218 900
Email ID:
cs@munishforge.com
Website:
www.munishforge.com
Address:
Ludhiana, Punjab

Munish Forge IPO Overview

Munish Forge: IPO Dates
The Munish Forge IPO opens for subscription on 30 Sep 2025, and closes on 03 Oct 2025. Investors will likely receive their allotment status updates on 06 Oct 2025. Those who get allotted shares can expect them credited to their Demat accounts by 07 Oct 2025. The shares will be officially listed on the stock exchange on 08 Oct 2025.

Munish Forge: IPO Price Band
The IPO consists of a fresh issue and an offer for sale, with a price band set between ₹91.0 and ₹96.0 per share.Investors can apply within this range. This SME issue includes a fresh issue worth ₹61.02 crore and an offer for sale valued at ₹ 12.9 crore. The exact listing price will be revealed on 08 Oct 2025, which is when the shares start trading on the exchange.

Munish Forge: Lot Size and Issue Size
The minimum application lot size is shares, and investors need to apply for at least one lot. The total IPO size is approximately ₹73.92Cr crore.

How to Apply for Munish Forge IPO Online?

  1. 1. Log in to Torus Digital: Open the Torus Digital app and enter your login details.
  2. 2. Find the IPO Section: Navigate to the ‘IPO’ tab in the app.
  3. 3. Select Munish Forge IPO: Choose it from the list of available IPOs.
  4. 4. Enter Lot Quantity: Input how many lots you want to apply for.
  5. 5. Provide UPI ID: Submit your UPI ID for payment.
  6. 6. Approve Payment: When the payment request comes to your UPI app, approve it by entering your UPI PIN.

How to Check IPO Allotment Status for Munish Forge?

  1. 1. Open the Torus Digital app and log in.
  2. 2. Go to the ‘IPO’ section and select ‘IPO Orders’.
  3. 3. Choose the Munish Forge IPO application.
  4. 4. View your allotment status.

You will also get notified of your allotment via push notifications and email from Torus Digital.

FAQ’s

What is the open date of IPO?

  • The opening date of IPO is 30 Sep 2025.

What is the close date of IPO?

  • The closing date of IPO is 03 Oct 2025.

What is the issue size of IPO?

  • The issue size of IPO is Rs 73.92 Cr.

What is the lot size of IPO?

  • The size per lot of IPO is 2400.0.

How to apply for IPO?

  • To apply for IPO:

  • Navigate to the IPO section of mobile app/website

  • Click on Current IPO

  • Click on IPO

  • Enter Lot Quantity

  • Enter Valid UPI ID

  • Click on apply

  • Your application will be processed once the transaction is completed successfully.

What is the allotment date of IPO?

  • The Allotment Date of IPO is 06 Oct 2025.

What is the listing date of IPO?

  • IPO will get listed on 08 Oct 2025.

Who is the registrar of IPO?

  • The registrar of IPO is Skyline Financial Services Pvt.

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