Advance Technoforge Ltd - IPO

Advance Technoforge Ltd IPO Details

Initial public issue of upto 25,30,000 equity shares of face value of Rs.10/- each (equity shares) of Advance Technoforge Limited (the company or the issuer) for cash at a price of Rs. [*] per equity share including a share premium of Rs. [*] per equity share (the issue price) aggregating to Rs. [*] crores (the issue) of which upto [*] equity shares aggregating to Rs. [*] crores will be reserved for subscription by market maker to the issue (the market maker reservation portion). The issue less the market maker reservation portion i.e., net issue of upto [*] equity shares aggregating to Rs. [*] crores (the net issue). The issue and the net issue will constitute [*] % and [*] % respectively of the post issue paid-up equity share capital of the company.

Objective of issue

Purchase and installation of machinery for manufacturing of precision machine components at the existing premises (including GST). Part funding of working capital requirements. Repayment / Prepayment of all or certain of our borrowings availed by its Company. General corporate purposes.

Advance Technoforge Ltd Contact Details

Advance Technoforge Ltd, 301 The Centrium, 3rd Flr 57 LBS, Nav Pada Kurla(W), Mumbai-400 070

Phone - 91 40 6716 2222/18003094001

Fax -

Email - cs@advancetechforge.com

Website - www.advancetechforge.com