How to Check Advance Technoforge IPO Allotment Status
Last Updated: 30th July 2026 - 11:54 am
Advance Technoforge Limited is an engineering company engaged in manufacturing forged and precision-machined components for automotive and industrial applications. The company produces a range of closed-die forged products, machined components and engineered parts used across commercial vehicles, passenger vehicles, agricultural equipment and industrial machinery.
Its manufacturing process covers forging, heat treatment, machining, inspection and finishing, enabling it to supply value-added components to OEMs and Tier-I suppliers. The company focuses on quality control, process automation and long-term customer relationships to support its operations.
Advance Technoforge caters to domestic as well as export markets, serving customers across multiple engineering sectors.
Advance Technoforge IPO is a fixed-price SME IPO. The issue opened for subscription on July 27, 2026 and closed on July 29, 2026. The basis of allotment is expected to be finalised on July 30, 2026, while the shares are proposed to be listed on the BSE SME platform.
Steps to Check Advance Technoforge IPO Allotment Status on Registrar Site
- Visit the Kfin Technologies Ltd
- Select "Advance Technoforge" from the dropdown menu on the allotment status page
- Enter your PAN ID, Demat Account Number, or Application Number in the designated field
- Complete the captcha verification process and click on the "Submit" button to view your allotment status
Steps to Advance Technoforge IPO Allotment Status on BSE
- Navigate to the BSE IPO Allotment Status Page
- Select the issue type: equity/debt
- Choose "Advance Technoforge" from the list of active IPOs in the dropdown menu
- Input your Application Number and PAN ID in the required fields
- Verify the captcha and click "Search" to check your allotment status
Advance Technoforge IPO Subscription Status
Advance Technoforge IPO was subscribed 1.55 times on July 29, 2026, based on the final day subscription data. The issue witnessed healthy participation from Individual Investors, while the NII category also saw improved demand on the closing day.
| Date | NII* | Individual Investors | Total |
|---|---|---|---|
| Day 1 (July 27) | 0.14 | 0.37 | 0.25 |
| Day 2 (July 28) | 0.07 | 0.81 | 0.44 |
| Day 3 (July 29) | 0.43 | 2.67 | 1.55 |
- The NII category was subscribed 0.43 times on the final day.
- Individual Investors subscribed 2.67 times, emerging as the strongest participating investor category.
- The overall issue closed with 1.55 times subscription.
Advance Technoforge IPO Share Price and Investment Details
Advance Technoforge IPO is a fixed-price SME issue proposed to be listed on the BSE SME platform. The issue attracted moderate overall demand, with retail investors driving subscriptions on the final day. Given the final subscription of 1.55 times, listing performance is expected to depend on broader market sentiment and investor participation.
Utilisation of IPO Proceeds
The net proceeds from the fresh issue are proposed to be utilised for funding capital expenditure, meeting working capital requirements and supporting general corporate purposes. The company also intends to strengthen its manufacturing capabilities and expand operational capacity through the IPO proceeds.
Business Overview
Advance Technoforge operates in the precision forging and machining industry, supplying engineered components to automotive and industrial customers. Demand for its products is supported by growth in the automobile, commercial vehicle and industrial equipment sectors.
The company focuses on manufacturing high-quality forged components through integrated production processes that include forging, machining and quality inspection. Its customer base comprises OEMs and component manufacturers requiring reliable, precision-engineered products.
Key strengths include manufacturing expertise, long-standing customer relationships, integrated production capabilities and exposure to multiple engineering industries.
Investors should also consider risks associated with cyclicality in the automotive industry, fluctuations in raw material prices, customer concentration, working capital requirements and competitive pressures within the engineering components sector.
Check the latest IPO allotment status to stay informed.
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