Advance Technoforge IPO
ListedSME
1.52×
Subscribed
Price band
₹95 – ₹95
Issue size
₹24.03 Cr
Open – close
27 Jul 2026
to 29 Jul 2026
Listing
03 Aug 2026
What the filing actually says
Our read of the offer document and the exchange data — not the issuer's summary of itself
We can't judge this issue yet. A verdict needs at least three independent dimensions — valuation, growth, profitability, balance sheet, issue structure, governance or demand — and this issue does not yet publish enough of them for a read that would mean anything. The offer document has not been analysed yet. A confident score from two fields would be worse than this notice.
Dates
The issuer's tentative timetable — a date passing is not confirmation the step completed
- Opens27 Jul 2026
- Closes29 Jul 2026
- Listing03 Aug 2026
Demand and your odds
How the book filled, and what that means for an application
Subscription by category
Qualified institutionalQIB0.00x
Non-institutionalNII / HNI0.48x
Retail individualRII2.67x
Chance of allotment
Retail2.67× subscribed
~1 in 2.7
Retail is 2.67× subscribed. Allotment is a lottery on a single lot, so roughly 1 in 2.7 applications gets one lot. Bidding for extra lots does not improve these odds.
HNI / NII0.48× subscribed
Full allotment
The HNI portion is under-subscribed at 0.48×, so applications should be allotted in full.
Derived from SEBI's allotment mechanics and the subscription figures beside it. Retail allotment is a lottery on a single lot, so applying for more lots does not improve your chance of getting something.
The offering
Terms, structure and who is selling
Terms
Price band₹95 – ₹95
Total issue size₹24.03 Cr
Listing atSME platform
Company & valuation
What happened to comparable issues
The last 8 issues to list with a recorded opening price, most comparable first
Median listing gain
+11.1%
Listed up
6 of 8
Best
+90.0%
Shanti Inorganics
Worst
-0.7%
Mopshop Distribution
Shanti Inorganicssame segment
131.8× sub+90.0%
Dhanwel Hybrid Seedssame segment
1.6× sub+0.0%
Mopshop Distributionsame segment
-0.7%
Anawil Wire and Engineeringsame segment
138.6× sub+22.1%
Fusion Klassroom Edutechsame segment
1.5× sub+6.9%
Dhaval Packagingsame segment
46.2× sub+13.4%
31.2× sub+15.6%
7.9× sub+8.9%
Past issues are context, not a forecast — this issue is a different company at a different price. We show it because "how have issues like this one actually opened" is a question with a real answer, and grey-market premium is not that answer.
Common questions
How many times is the Advance Technoforge IPO subscribed?
Advance Technoforge is subscribed 1.52× overall (QIB 0.00×, NII 0.48×, retail 2.67×). Subscription keeps changing until the issue closes; the final basis of allotment is published by the registrar.
What are the chances of allotment in the Advance Technoforge IPO?
The retail portion is subscribed 2.67×, so allotment is by lottery and the odds of receiving at least one lot are roughly 1 in 3. Applying for more lots does not improve the chance of getting something — every retail applicant competes for the same single minimum lot.
Disclaimer. Figures are compiled from the issuer's offer document and exchange-published bidding data. Subscription changes until the issue closes, and the final basis of allotment is published by the registrar. Grey-market premium is unofficial and is not a forecast. Nothing here is investment advice or a recommendation — read the offer document and consult a SEBI-registered adviser before applying.