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Munish Forge IPO is a Book Building listing on NSE EMERGE exchange, with an ipo size of ₹ [●] Cr. The company is based in Ludhiana and caters to Automobile - Forging And Casting sector. Gretex Corporate Services is the merchant banker of Munish Forge IPO. It is a SME Upcoming IPO which filed its Draft Red Herring Prospectus (DRHP) on 1st May 2025.
Munish Forge IPO posted revenues of ₹ 170.77 crores and PAT of ₹ 14.04 crores in FY25 on annualised basis.
Revenue:
₹ 170.77 Cr.
EBITDA Margin:
13.51
% 
Net Worth: ₹ 51.09 Cr.
Market Capitalisation:
[●]
P/E:
[●]
P/BV: [●]
EV/EBITDA: [●]
Financial results of Munish Forge IPO based on restated financials as per prospectus and IPO review parameters can be referred to below.
| Financials | Dec-24 | FY24 | FY23 | FY22 | |
|---|---|---|---|---|---|
|
Balance Sheet
|
|||||
| Assets | 146.78 | 113.22 | 107.01 | 121.41 | |
| Net Worth | 51.09 | 40.61 | 36.03 | 34.11 | |
| Total Debt | 60.78 | 47.16 | 50.22 | 59.13 | |
|
Profit & Loss
|
|||||
Revenue
Revenue on annualised basis |
128.08
170.77 |
159.88 | 160.12 | 124.53 | |
EBITDA
EBITDA on annualised basis |
17.31
23.08 |
11.44 | 9.14 | 9.28 | |
PAT
PAT on annualised basis |
10.53
14.04 |
4.38 | 1.98 | 1.43 | |
Munish Forge IPO PAT Margin is 8.22 % , ROCE (Return on Capital Employed) is 13.51 % as per latest financial. The below table shows Munish Forge IPO Key Performance Indicators (KPI) as mentioned in company’s prospectus.
| Particulars | Dec-24 | FY24 | FY23 | FY22 |
|---|---|---|---|---|
| EBITDA Margin (%) | 13.51 | 7.16 | 5.71 | 7.45 |
| PAT Margin (%) | 8.22 | 2.74 | 1.24 | 1.15 |
| EPS (₹) | 6.43 | 2.68 | 1.20 | 0.87 |
| ROE (%) | 20.61 | 10.79 | 5.50 | 4.19 |
| ROCE (%) | 13.51 | 9.88 | 7.05 | 6.01 |
| ROA (%) | 7.17 | 3.87 | 1.85 | 1.18 |
| Debt to Equity | 1.19 | 1.16 | 1.39 | 1.73 |
The market Capitalisation of Munish Forge IPO is ₹ [●] crores at the time of IPO and other IPO valuation metrics of this IPO is mentioned below.
The Munish Forge IPO prospectus highlights an Return on Equity (ROE) of 15 %, Return on Assets (ROA) of 12 %, and an EBITDA Margin of 18 %, showcasing financial performance.
Profitability ratios like Return on Equity (ROE), Return on Assets (ROA), and Net Profit Margin shows Munish Forge IPO financial report. Analysing these metrics can provide insights into the company’s efficiency, profitability, and long-term growth potential.
The post-IPO market capitalisation of Munish Forge IPO is ₹ [●] Cr., based on the issue price and share structure. It helps investors gauge the company’s valuation and compare it with industry peers before investing.
The Munish Forge IPO has a Price-to-Earnings (PE) ratio of [●], indicating valuation compared to industry peers. It helps investors determine if the stock is overvalued or undervalued compared to its earnings and industry peers.
Munish Forge IPO reported revenue of ₹ 170.77 Cr. in the latest fiscal year, showing business performance, on annualised basis. Revenue figures from Munish Forge IPO provide insights into sales growth, market demand, and business scalability.
Munish Forge recorded an EBITDA of ₹ 23.08 Cr., reflecting operational efficiency. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) measures operational profitability.
Munish Forge Profit After Tax (PAT) is ₹ 14.04 Cr., reflecting earnings growth. Profit After Tax (PAT) reflects the company’s actual earnings after all expenses, taxes, and deductions
Revenue:
₹ 170.77 Cr.
EBITDA Margin:
13.51
%
Net Worth: ₹ 51.09 Cr.
Market Capitalisation:
[●]
P/E:
[●]
P/BV: [●]
EV/EBITDA: [●]
Munish Forge operates in Automobile - Forging And Casting and Manufacturing Premium Forged And Cast Components. The Issue is listed on NSE EMERGE in May, 2025. Munish Forge IPO size was with Issue price of .
Merchant Banker(s) of Munish Forge IPO: Gretex Corporate Services Limited
Munish Forge IPO subscription was 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.
Munish Forge IPO listed at a listing price of against the offer price of .
The current market price of Munish Forge is .
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