IPO Advisory
In-depth, experienced and seamless execution throughout the IPO Process.
IPO Detail
IPO Information
Financial
Financial Report
Peer Comparison
Peer Comparison
Performance
Performance Report
Tirupati Forge IPO is a Fixed Price IPO listing on NSE EMERGE exchange, with an ipo size of ₹ 5.22 Cr. The company is based in Rajkot and caters to Engineering - Automotive sector. Pantomath Capital Advisors is the merchant banker of Tirupati Forge IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 4th September 2017.
Tirupati Forge IPO open date is 29th September 2017 and close date is 4th October 2017. IPO Allotment Date is 30th November -0001 and Listing date is 12th October 2017.
IPO
Size:
₹ 5.22 Cr.
Avg IPO Size (Sector Based)
: ₹
31.22 cr.
Sector: Engineering - Automotive
SME
IPO so far:
19
Merchant Banker:
Pantomath Capital
SME
IPO by BRLM so far:
104
City:
Rajkot
SME
IPO so far:
29
Revenue (annualised):
₹
16.37
cr. 
PE
Ratio:
33.00x
Average Sector PE Ratio: 19.15x
Tirupati Forge IPO size is ₹ 5.22 Cr. with IPO price of ₹ 29.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Pantomath Capital Advisors Private Limited is the book-running lead manager of the Tirupati Forge IPO. Link Intime India Private Limited is the Registrar and Market Maker is Pantomath Stock Brokers Private Limited for Tirupati Forge IPO.
Tirupati Forge IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Tirupati Forge IPO, based in Rajkot, operates in the Engineering - Automotive sector with a focus on manufacturing of closed die forged products like auto component bearings gears. The company is launching its SME IPO on the NSE EMERGE exchange, using the Fixed Price Issue method. Tirupati Forge IPO size is ₹ 5.22 Cr. with fresh issue size of ₹ 5 and Offer for sale being ₹ Nil
The IPO allotment date for Tirupati Forge IPO is expected to be 30th November -0001, after the finalization of basis of allotment. Investors can check Tirupati Forge IPO allotment status on the registrars website, Link Intime India Private Limited . Tirupati Forge IPO refund dates are 30th November -0001.
Tirupati Forge IPO is expected to be listed on 12th October 2017.
The upper price band for the Tirupati Forge IPO is set at ₹ 29.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Tirupati Forge IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Tirupati Forge IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 4th October 2017. After submission, funds are blocked until the basis of allotment of Tirupati Forge IPO is finalised.
The merchant banker for Tirupati Forge IPO is Pantomath Capital Advisors Private Limited . Pantomath Capital Advisors Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Tirupati Forge IPO RHP for further details.
The registrar for Tirupati Forge IPO is Link Intime India Private Limited . Investors can go to Link Intime India Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Tirupati Forge IPO through their official website or helpline.
Tirupati Forge IPO was subscribed 0.00 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 5.22 Cr.
Avg IPO Size (Sector Based)
:
₹ 31.22 Cr.
Sector: Engineering - Automotive
SME
IPO so far:
19
Merchant Banker:
Pantomath Capital
SME
IPO by BRLM so far:
104
City:
Rajkot
SME
IPO so far:
29
Revenue (annualised):
₹ 16.17 cr.
PE
Ratio:
33.00x
Average Sector PE Ratio: 19.15x
Tirupati Forge IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Tirupati Forge Financial Review Page
Merchant Banker(s) of Tirupati Forge IPO: Pantomath Capital Advisors Private Limited
Tirupati Forge IPO subscription was 0.00 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Tirupati Forge IPO listed at a listing price of 34.10 against the offer price of 29.00.
The current market price of Tirupati Forge is 0.00.
Why Us?
