Forge Auto International Limited IPO
Forge Auto International Limited was a SME IPO in the Auto Components & Equipments sector, offered at ₹102–₹108 per share to raise ₹31 crore. It listed on 4 Oct 2024 at ₹113 and closed its first day at ₹109, a listing gain of +1.2% versus the ₹108 issue price. It now trades around ₹96 (-11.4% versus the issue price).
Frequently asked questions
- What were the Forge Auto International Limited IPO listing gains?
- Forge Auto International Limited listed on 4 Oct 2024 at ₹113, closing its first day at ₹109 — a listing gain of +1.2% versus the ₹108 issue price.
- What was the price band and lot size of the Forge Auto International Limited IPO?
- The price band was ₹102–₹108 per share, with a minimum lot of 1,200 shares (₹1,29,600 at the upper band).
- Who were the registrar and lead manager for the Forge Auto International Limited IPO?
- Bigshare Services Private Limited was the registrar, and HEM Securities was the book-running lead manager.