Archive · 27 Sep 2025
Munish Forge IPO Opens Next Week; Key Details
Munish Forge Ltd., a company making metal parts for various industries including the defense, is offering shares to the public through an IPO.
The IPO starts on September 30 and ends on October 3.
The company aims to raise ₹73.92 crore, and the shares will be priced between ₹91 and ₹96 each.
The money raised will be used to increase production, cover costs, and pay off some debts.
The shares are expected to be listed on October 8.
Retail investors can buy shares in lots of 2,400, with a minimum investment of ₹2,30,400, and HNIs can purchase 3 lots, for a minimum investment of ₹3,45,600.
Munish Forge IPO opens on September 30.
The IPO price band is ₹91 to ₹96 per share.
Gretex Corporate Services Ltd. is the book running lead manager.
The IPO aims to raise ₹73.92 crore.
Shares are expected to list on October 8 on the NSE SME platform.
- Who
- Munish Forge Ltd.
- What
- Initial Public Offering (IPO)
- When
- Bidding: September 30 - October 3, Listing: October 8
- Where
- NSE SME platform EMERGE
- Why
- To fund capacity enhancement, working capital, debt repayment, and general corporate purposes.
- Company
- Munish Forge Ltd.
- IPO Opening Date
- September 30
- IPO Closing Date
- October 3
- Price Band
- ₹91 to ₹96 per share
- Lot Size
- 1,200 shares
- IPO Amount
- ₹73.92 crore
- Listing Date
- October 8
- GMP
- ₹0
Sources
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