Munish Forge IPO Allotment Status

Munish Forge Ltd. launched a ₹73.92 crore IPO on September 30, 2025. It was a fresh issue of 0.64 crore shares and an offer-for-sale of 0.13 crore shares. The IPO has closed today on October 3, 2025.
Allotment of shares is expected to be completed on October 6, 2025. The company is expected to be listed around October 8, 2025. This was an exciting opportunity for investors to participate in the company’s growth strategy.
How to Check Munish Forge IPO Allotment Status Online on NSE?
- Go to the application status page
- Select "Equity and SME IPO bids"
- Choose "Munish Forge" from the Issue Name dropdown
- Provide your Application Number or PAN
- Click on Submit
How to Check Munish Forge IPO Allotment Status Online on BSE?
- Go to the application status page
- Select "Equity" under the Issue Type
- Choose "Munish Forge" from the Issue Name dropdown
- Provide your Application Number or PAN
- Click on “I am not a robot” and submit
How to Check Munish Forge IPO Allotment Status Online on the Registrar’s Website?
- Go to the registrar’s official website.
- Select "Munish Forge" from the company list.
- Enter your Client ID, Application Number, or PAN.
- Click on Submit.
Munish Forge IPO Details
Munish Forge Ltd. launched a ₹73.92 crore IPO via book-building, comprising a fresh issue of 0.64 crore shares (₹61.02 crore) and an offer-for-sale of 0.13 crore shares (₹12.90 crore). The IPO opened on September 30, 2025, and closed on October 3, 2025. The company is expected to be listed on the NSE SME on October 8.
Allocation Quota for Munish Forge
The table below breaks down the Munish Forge share allocation for different categories, highlighting the number of shares and their percentage of the total issue. However, the key focus remains on the quotas allocated to retail investors and HNIs, as they are the most relevant for individual investors.
| Category | Shares Offered | Size (%) |
| Anchor Investor | 21,93,600 | 22.17% |
| Market Maker | 3,85,200 | 3.89% |
| QIB | 36,56,400 | 36.96% |
| NII* | 10,98,000 | 11.10% |
| -bNII (bids above ₹10L) | 7,32,000 | 7.40% |
| -sNII (bids below ₹10L) | 3,66,000 | 3.70% |
| Retail | 25,60,800 | 25.88% |
| Total | 98,94,000 | 100% |
Munish Forge IPO – Overall Subscription Status
| Category | Subscribed (Times) |
| QIB (Ex Anchor) | 4.05x |
| NII | 4.88x |
| -bNII (>10L) | 5.93x |
| -sNII (<10L) | 2.77x |
| Individual Investors | 2.66x |
| Total | 3.53x |
Note: The subscription details are as of October 3, 2025
Munish Forge Business Overview
Munish Forge Limited, established in 1986, is a reputed manufacturer of forged and cast components serving industries like Defence, Automotive, Oil & Gas, Agriculture, Construction, and Infrastructure. The company produces high-quality products including flanges, scaffolding clamps, auto parts, tank track chains, bomb shells, fence posts, and steel accessories, meeting international standards.
With over 40 years of experience, Munish Forge has a strong presence in the Defence sector, supplying critical components to the Indian Army. Its casting division enables production of complex parts like JCB components and specialized track chains. Advanced machinery, CNC die-making, robotic arms, and in-house testing labs ensure quality. The company sources reliable raw materials and exports to the USA, UK, Canada, and Europe, offering an integrated, high-quality solution for forged and cast products, making it attractive to investors.
Know more about IPO allotment status and check your application details online for the latest updates on share allocation.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Oct 3, 2025, 5:21 PM IST



