Incorporated in October 2016, Metalic Technoforge Ltd. manufactures closed-die forged and precision-machined components.
The company’s product portfolio includes complex, safety-critical forged and precision-machined products such as big and small rings, ball studs, gear blanks with broaching, gears, coupling assemblies, and other critical components for various industries.
The company serves domestic and global OEMs across automotive and non-automotive sectors. Automotive OEMs include manufacturers of automobiles, tractors, and commercial vehicles. Non-automotive OEMs include manufacturers of agricultural equipment, hydraulic equipment, construction machinery, and general engineering products.
The company’s manufacturing unit is situated in Rajkot, Gujarat.
As of March 01, 2026, the Company had an order book of approximately ₹ 2,447.06 lakhs.
As of February 28, 2026, the company had 188 personnel at its manufacturing units and registered office.
Metalic Technoforge Ltd.’s revenue increased by 30% and profit after tax (PAT) rose by 37% between the financial year ending with March 31, 2026 and March 31, 2025.
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 92.09 | 65.10 | 33.67 |
| Total Income | 97.98 | 75.64 | 51.50 |
| Profit After Tax | 12.36 | 9.03 | 4.26 |
| EBITDA | 21.95 | 16.08 | 7.29 |
| NET Worth | 33.42 | 17.40 | 7.72 |
| Reserves and Surplus | 15.92 | 16.40 | 7.37 |
| Total Borrowing | 31.78 | 27.97 | 10.81 |
| Amount in ₹ Crore | |||
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Merritronix Ltd. | SME | ₹70.03 Cr | ₹149 | 11.83 | ₹297.25 | +99.50% | ₹369.80 (-3.46%) |
| Adisoft Technologies Ltd. | SME | ₹74.10 Cr | ₹172 | 12.82 | ₹215.25 | +25.15% | ₹185.70 (-0.46%) |
| Highness Microelectronics Ltd. | SME | ₹21.67 Cr | ₹120 | 16.7 | ₹129.75 | +8.12% | ₹180.45 (-4.98%) |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding of capital expenditure requirements of the Company towards setting up of the proposed Manufacturing Unit IV and upgradation of existing units at manufacturing facility in Rajkot, Gujarat | 30.81 |
| 2 | Full or part repayment and/or prepayment of certain outstanding secured borrowings availed by the Company. | 6.72 |
| 3 | General Corporate Purpose | |
| Total | 37.53 |
| KPI | Mar 31, 2025 | Mar 31, 2026 |
|---|---|---|
| ROE | 71.87% | 48.66% |
| ROCE | 31.88% | 30.38% |
| Debt/Equity | 1.61 | 0.95 |
| RoNW | 51.88% | 37% |
| PAT Margin | 12.14% | 12.94% |
| EBITDA Margin | 21.62% | 22.97% |
| Price to Book Value | 7.52 | 4.03 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 7.07 | 5.16 |
| P/E (x) | 10.9 | 14.94 |
| IPO Date | 21 to 23 Jul, 2026 |
| Listing Date | Tue, Jul 28, 2026T |
| Face Value | ₹10 per share |
| Price Band | ₹72 to ₹77 |
| Lot Size | 1,600 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Total Issue Size | 64,88,000 shares (agg. up to ₹50 Cr) |
| Reserved for Market Maker |
3,28,000 shares
(agg. up to ₹3 Cr) |
| Fresh Issue (Ex Market Maker) | 61,60,000 shares (agg. up to ₹47 Cr) |
| Net Offered to Public | 61,60,000 shares (agg. up to ₹47 Cr) |
| Share Holding Pre Issue | 1,74,96,400 shares |
| Share Holding Post Issue | 2,39,84,400 shares |
Gajipara Keyur Dhirajlal, Trambadiya Dhaval Vrajlal, Vadodariya Satish Rameshbhai, Kapadiya Vipul K, Rupapara Jay Rameshbahi, Gajipara Ronakkumar Mansukhbhai, Ekta Satish Vadodariya
| Share Holding Pre Issue | 83.63% |
| Share Holding Post Issue | 61% |
As per our analysis and Based on the information we have, this is the output.
Allah knows best.
If you find this result mistaken or questionable, let us know via email at info (@) halalstock.in
The IPO dashboard offers insights on the Latest Current & Upcoming IPOs in BSE & NSE. It also evaluates IPOs for Shariah compliance, ensuring alignment with Islamic principles for ethical investment choices.
Last Updated on July 20, 2026 Metalic Technoforge Ltd. IPO Incorporated in October 2016, Metalic Technoforge Ltd. manufactures closed-die forged and precision-machined components. The company’s product portfolio includes complex, safety-critical
Last Updated on July 20, 2026 Gulf Lloyds India Ltd. IPO Incorporated in September 2014, Gulf Lloyads (India) Limited operates in the Services Sector, providing third-party inspection, Auditing, Certification, Testing,
Last Updated on July 16, 2026 Caliber Mining & Logistics Ltd. IPO Incorporated in 2014, Caliber Mining and Logistics Limited is an integrated service provider specializing in coal extraction and
You can contribute as little as
100, 200, 500 & so…
every bit counts.
