Advance Technoforge IPO
LISTEDSMESUBSCRIBEListing Performance
Listed
Issue Price
₹95
Listed On
03 Aug 2026
- Price Band
- ₹95 – ₹95
- Lot Size
- 1,200
- Lot Value
- ₹1,14,000
- Open Date
- 27 Jul27 Jul 2026
- Close Date
- 29 Jul29 Jul 2026
- Min Investment
- ₹1,14,000
Advance Technoforge — Live Stock Performance
📊 Algorithmic Score
Computed from issue structure — GMP, fresh issue %, OFS %, issue size
Why do these differ? The Algorithmic Score measures issue quality (structure, size, promoter commitment). The Demand Analysis measures investor interest signals (subscription, GMP, risks). A high-quality issue can still have unconfirmed demand — especially before subscription opens.
✍️ Demand & Risk Analysis
Based on market demand signals — subscription, GMP trend, risk factors
IPO Market Analysis
“Strong investor demand with 39x subscription suggests positive listing momentum. GMP indicates market expects a listing premium.”
- ✅Subscribed 39x
- ✅Strong QIB demand 22x
- ⚠️Neutral GMP +8%
This is algorithmic analysis, not investment advice. Always read the DRHP before investing.
Application Lot Sizes
Retail caps at ₹2,00,000 (1 lots here). S-HNI is ₹2L–₹10L, B-HNI is above ₹10L.
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 1,200 | ₹1,14,000 |
| Retail (max) | 1 | 1,200 | ₹1,14,000 |
| S-HNI (min) | 2 | 2,400 | ₹2,28,000 |
| S-HNI (max) | 8 | 9,600 | ₹9,12,000 |
| B-HNI (min) | 9 | 10,800 | ₹10,26,000 |
Subscription Status
| Category | Day 1 | Day 2 | Day 3 |
|---|---|---|---|
| QIB | 21.74x | 21.74x | 21.74x |
| sNII (S-HNI) | 80.99x | 80.99x | 80.99x |
| bNII (B-HNI) | 133.40x | 133.40x | 133.40x |
| Retail | 15.78x | 15.78x | 15.78x |
| Total | 38.90x | 38.90x | 38.90x |
Colour: red <1x · amber 1–10x · green ≥10x oversubscribed.
Allotment Statistics
Retail Individual Investors (RII)
Subscription
15.78x
Allotment Ratio
1 lot per 16 applicants
Allotment Probability
~6.3%
Non-Institutional Investors (NII / HNI)
Subscription
115.93x
Allotment Type
Proportionate allotment
Qualified Institutional Buyers (QIB)
Subscription
21.74x
Allotment Type
Discretionary allotment
Total Subscription
38.90x
Allotment probability is estimated based on subscription data and is not guaranteed. Actual allotment depends on the registrar's process.
Basis of Allotment
Category-wise subscription & allotment ratio
Weigh your chances
IPO Timeline
Issue Opens
27 Jul 2026 · Mon
Issue Closes
29 Jul 2026 · Wed
Bidding Cut-off (UPI Mandate)
29 Jul 2026 · 5:00 PM IST
Allotment
30 Jul 2026 · Thu
Listing
03 Aug 2026 · Mon
Issue Opens
27 Jul 2026 · Mon
Issue Closes
29 Jul 2026 · Wed
Bidding Cut-off (UPI Mandate)
29 Jul 2026 · 5:00 PM IST
Allotment
30 Jul 2026 · Thu
Listing
03 Aug 2026 · Mon
IPO Details
| Registrar | KFin Technologies Limited |
| Exchange | BSE SME |
| ISIN | — |
| Face Value | — |
| Issue Size | ₹24.03 Cr |
| Fresh Issue | — |
| OFS Size | — |
| Lead Managers | — |
3-Year Financial Summary
Financial data not available yet.
Check the valuation yourself
Company Fundamentals
Capital Structure
Capital structure not yet available.
Shareholding Pattern
Shareholding pattern not yet available.
Reservations & OFS
Reservation & OFS detail not yet available.
Board & Management
Board & management not yet available.
Industry & Market
Industry & market data not yet available.
Registrar (RTA)
SEBI-registered Registrar & Transfer Agent — handles allotment and refunds.
Registrar:KFin Technologies Limited→Documents
Frequently Asked Questions
When is the Advance Technoforge IPO opening?
The Advance Technoforge IPO opens on 27 Jul 2026 and closes on 29 Jul 2026. Check this page for the latest updates as we refresh every 30 minutes.
What is the price band of the Advance Technoforge IPO?
The price band for the Advance Technoforge IPO is ₹95 to ₹95. The final price is announced after the book-building process and is confirmed before listing.
What is the lot size and minimum investment for the Advance Technoforge IPO?
The minimum lot size is 1200 shares with a minimum investment of ₹1,14,000. Retail investors can apply for up to the retail limit defined by SEBI.
What is the GMP of Advance Technoforge IPO today?
The latest Grey Market Premium for Advance Technoforge is ₹8 (+8.40%). GMP is unofficial data and is not a guarantee of listing price.
When will the Advance Technoforge IPO list on NSE and BSE?
The Advance Technoforge IPO is expected to list on 03 Aug 2026 on BSE SME. Actual listing day trading begins at the start of the normal market session.
How can I check the Advance Technoforge IPO allotment status?
The registrar for this IPO is KFin Technologies Limited. You can check your allotment status on the registrar's portal using your PAN, application number, or DP ID. We link to the registrar directly on our allotment page after the allotment date.
Is the Advance Technoforge IPO a mainboard or SME issue?
Advance Technoforge is a SME IPO that will list on the NSE Emerge or BSE SME platform. SME IPOs require a minimum application value of one lakh rupees.
How do I apply for the Advance Technoforge IPO?
You can apply for the Advance Technoforge IPO through any SEBI-registered broker such as Zerodha, Upstox, or Angel One using UPI or ASBA. Use the Apply Now buttons on this page to go directly to the broker.
What is the expected listing price of Advance Technoforge IPO?
Based on the current GMP of ₹8, the expected listing price of Advance Technoforge is ₹103 (issue price ₹95 + GMP ₹8). Note that GMP is unofficial grey market data and actual listing price may differ.
What is the allotment ratio for Advance Technoforge IPO?
Based on the retail subscription of 15.78x, the estimated allotment ratio is 1 lot per 16 applicants (approximately 6.3% chance of allotment). This is an estimate and actual allotment may vary.
Should I subscribe to Advance Technoforge IPO?
Based on our algorithmic analysis, Advance Technoforge IPO is rated SUBSCRIBE with high confidence. Strong investor demand with 39x subscription suggests positive listing momentum. GMP indicates market expects a listing premium. This is not investment advice — please read the DRHP and consult a financial advisor before investing.
Recently Listed IPOs
| Company | Listed | Listing Gain |
|---|---|---|
| Maharaja & Speedex India | 18 Sep 2026 | +34.41% |
| Panchatv Bharat | 18 Sep 2026 | -7.89% |
| Om Galaxy | 18 Sep 2026 | +0.22% |
Related IPOs
Related Articles
How to Compare an IPO With Listed Peers Using Key Ratios and Growth Metrics
A practical framework for Indian retail investors on comparing an IPO with its listed peers using P/E, P/B, EV/EBITDA and growth metrics, illustrated with the NSE vs BSE case study.
Read more →
How-ToMultiple IPO Apps Won't Boost Your Allotment: The PAN Rule Explained
Many retail investors think using PhonePe, BHIM and their broker app for the same IPO creates multiple chances. It doesn't. Here is how SEBI's PAN rule actually works and the only legitimate way to improve household allotment odds.
Read more →
How-ToHow to Analyse an Indian IPO in Under 60 Minutes: A Retail Investor's Checklist
A practical, DRHP-first framework retail investors can use to size up an Indian IPO quickly, covering financials, valuation, peer comparison, use of proceeds and risk factors.
Read more →