Munish Forge IPO: Price, Date, GMP, Allotment, And Details

Munish Forge IPO – Company Analysis

Munish Forge IPO is a bookbuilding issue of Rs. 16.84 Cr (0.37 crore shares) by Munish Forge Limited, incorporated in 1986. Steel accessories, scaffolding, automobile parts, tank tracks, bomb shells, fence posts, and flanges are among the items it manufactures. In addition to the Indian Army, it supports industries like military, oil and gas, construction, infrastructure, and automobiles.

The business supports both domestic and international supply with its recognized quality standards, diverse clientele, and decades of operational experience.

Munish Forge IPO Details

The Munish Forge IPO date is from Sep 30 to Oct 03, with IPO allotment on Oct 06, refund initiation on Oct 07, 2025. Munish Forge IPO price is Rs. 91 to Rs. 96.

Event	Date
IPO Open Date	September 30, 2025
IPO Close Date	October 03, 2025
IPO Allotment Date	October 06, 2025
Refunds / Credit of Shares	October 07, 2025
IPO Listing Date	October 08, 2025
Issue Type	Bookbuilding Issue (SME IPO)
IPO Price Band	Rs. 91 to Rs. 96
Minimum Investment (Retail)	Rs. 2,30,400 (2400 Shares)
Listing At	NSE, SME

 

If you want to apply for the IPO, click to open a Demat Account.

 

 

Company Financial

(Amount in Cr)

Period	31 Mar 2025	31 Mar 2024	31 Mar 2023
Assets	161.54	113.09	106.88
Total Income	178.63	161.58	161.18
Profit After Tax	14.30	4.39	1.97
EBITDA	24.36	11.43	9.14
Net Worth	67.40	40.52	35.94
Reserves & Surplus	49.69	30.89	26.30

 

Munish Forge IPO Allotment Status and Allotment Date

The Munish Forge IPO allotment date is on 06 October 2025. Investors can check Munish Forge IPO allotment status using the registrar, Skyline Financial Services Pvt. Ltd. or using the BSE Website- ​BSE IPO allotment status.

 

Munish Forge IPO GMP (Grey Market Premium)

The Munish Forge IPO GMP today is Rs. 0 as of 30 Sep 2025, while writing this information.  

 

Conclusion

Investors can take part in the Munish Forge IPO, which is a financially sound forging manufacturer with a history of consistent profitability, expansive growth in various industries, and a loyal industrial client base. Nevertheless, as it is an SME listing, investors should be aware of greater volatility and liquidity concerns

 

Finowings IPO Analysis

Hope you enjoyed the Finowings IPO Analysis. We tried our best to give every required detail about the company that you should know before applying to the IPO. 

You must consult your financial advisor before making any financial decisions. 

To Apply for the IPO, Click Here.

To Read the Prospectus of the Company Click Here to Download the DRHP.

Click Here To Stay Updated With The Upcoming IPOs.

DISCLAIMER: This blog is NOT any buy or sell recommendation. No investment or trading advice is given. The content is purely for educational and information purposes only. Always consult your eligible financial advisor for investment-related decisions.