Munish Forge SME IPO Allotment Status Expected Today ; Steps to Check Allotment Status Online

Ludhiana, October 6, 2025: The allotment status for the Munish Forge Limited SME IPO is expected to be finalised today, on October 6. Investors who applied to the issue can check their allotment status by visiting the NSE portal, or through the website of the registrar, which is Skyline Financial Services. In case of successful allotment, the shares will be credited to the demat accounts on October 7. On the same date, the company will also initiate refunds in case investors do not receive the share allotment. The shares of the company are expected to list on NSE SME on October 8, 2025.

Munish Forge Limited IPO is an Indian company that manufactures precision-forged and cast components. The company was established in 1986, and is headquartered in Ludhiana, Punjab.

Step-by-Step Guide to Check Munish Forge IPO Allotment Status

Check Munish Forge IPO Allotment Status Via NSE (National Stock Exchange of India)

Step 1: Visit: https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids

Step 2: Click on ‘Check IPO Application Status’ under the Investor Services section

Step 3: Log in using your PAN number, application number, or DP ID/Client ID

Step 4: Select Munish Forge Limited from the dropdown menu

Step 5: Enter the captcha and click ‘Submit’ to view your allotment status

Check Munish Forge IPO Allotment Status Via Registrar (Skyline Financial Services Pvt. Ltd)

Step 1: Go to: https://www.skylinerta.com/ipo.php

Step 2: Choose ‘Munish Forge Limited’ from the dropdown list of active IPOs

Step 3: You can search using either: Application Number, or PAN Number, or DP Client ID

Step 4: Fill in the captcha code and click on ‘Search’

Step 5: The portal will display whether you have received an allotment and the number of shares allotted

Munish Forge IPO Overall Subscription At 3.53 Times

The issue was subscribed overall 3.53 times, led by NIIs at 4.88 times. NIIs were followed by QIBs at 4.05 times, and retail investors at 2.66 times.

Munish Forge IPO Book Build Issue of ₹73.92 Crore

The issue size of the IPO was ₹73.92 crore, comprising a fresh issue of 0.54 crore shares aggregating to ₹61.02 crore and an offer for sale of 0.13 crore shares amounting to ₹12.90 crore. The IPO opened on 30 September and closed on 3 October.

The company had set a price band of ₹91 to ₹96 per share. The lot size for an application was 1,200 shares. The minimum investment required by a retail investor was ₹2,30,400 (2,400 shares) based on the upper price band, while the minimum lot size for High Net-worth Individuals (HNI) was 3 lots (3,600 shares), amounting to ₹3,45,600.

Gretex Corporate Services Ltd. acted as the book-running lead manager, and Skyline Financial Services Pvt. Ltd. served as the registrar to the issue. The market makers for the company were Gretex Share Broking Pvt. Ltd. and NNM Securities Pvt. Ltd.

Munish Forge IPO Raised ₹21.06 Crore Through Anchor Investors

Ahead of the IPO, the company raised ₹21.06 crore from anchor investors by allotting 21.94 lakh shares at ₹96 per share. Key investors included Strategic Sixth Sense Capital Fund, Saint Capital Fund, Next Orbit Growth Fund III, SB Opportunities Fund II, Shine Star Build-Cap Pvt Ltd, CP Capital Ltd, Arnesta Global Opportunities Fund, Eminence Global Fund, Steptrade Revolution Fund, and 3 Sigma Global Fund.

Disclaimer:  At HDFC SKY, we take utmost care and due diligence in curating and presenting news and market-related content. However, inadvertent errors or omissions may occasionally occur.

If you have any concerns, questions, or wish to point out any discrepancies in our content, please feel free to write to us at content@hdfcsec.com.

Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations