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IPO Synopsis

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IPO

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 77,00,400* equity shares of face value of Rs. 10/- each (the "Equity Shares") of Munish Forge Limited ("the Company" or "the Offer") for cash at a price of Rs. 96 per equity share including a share premium of Rs. 86 per equity share (the "Offer Price") aggregating to Rs.73.92 Crore ("the Offer") comprising of fresh offer of 63,56,400 equity shares aggregating to Rs. 61.02 Crore ("Fresh Offer") and an offer sale of 13,44,000 equity shares by Mr. Davinder bhasin ("Selling Shareholder") aggregating to Rs. 12.90 Crore ("Offer for Sale")("Public Offer"). the offer includes a reservation of 3,85,200 equity shares aggregating to Rs. 3.70 Crore will be reserved for subscription by market maker to the offer (the "Market Maker Reservation Portion"). the offer less the market maker reservation portion i.e. net offer of 73,15,200 equity shares aggregating to Rs. 70.23 Crore ( The "Net Offer"). 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 2,400 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
96.00 0.00
Minimum Application for shares in Nos : 2400 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) 73.92  
Post Issue Equity Share Capital (.Cr) 24.07
Issue Price () 96.00
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
No Data Available