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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 : NA
Email :
cs@advancetechforge.com
Website :
www.advancetechforge.com/
Initial public issue of 25,29,600 equity shares of face value of (
R
s
) 10 each ("Equity Shares") of Advance Technoforge Limited (the "Company" or "the Issuer") for cash at a price of (
R
s
) 95.00 per equity share (including a premium of (
R
s
) 85.00 per equity share) ("Issue Price") aggregating to (
R
s
) 24.03 Crores comprising of fresh issue of 25,29,600 equity share ("the Issue") of which 1,29,600 equity shares aggregating to (
R
s
) 1.23 Crores will be reserved for subscription by market maker ( "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e., Issue of 24,00,000 equity shares at the issue price aggregating to (
R
s
) 22.80 Crores ( "Net Issue"). The issue and the net issue will constitute 28.01% and 26.58% of the post-issue paid-up equity share capital of the company. The Issue Price is (
R
s
) 95.00 per equity share and the face value of the equity shares is (
R
s
) 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
(
R
s
.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
Projects
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