How to Check Munish Forge IPO Allotment Status?

Munish Forge Limited manufactures components including flanges, scaffolding, auto parts, tank tracks, bomb shells, fence posts, and steel accessories according to customer specifications and international standards, incorporated in July 1986, serving Indian Army and industries including defence, oil and gas, automobile, construction, and infrastructure, holding certifications including ISO 9001:2015, ISO 14001-2015, IATF-16949-2016, and PED Pressure Equipment Directive, manufacturing key components for Indian Army including Battle Tank Track Chains and Bomb Shells with rigorous testing ensuring Defence-level standards, exporting products globally with compliance to international standards, using modern manufacturing techniques including induction furnaces and solar power for efficiency and environmental impact minimization.

The Munish Forge IPO came with a total issue size of ₹73.92 crore, comprising a fresh issue of 0.64 crore shares aggregating to ₹61.02 crore and offer for sale of 0.13 crore shares aggregating to ₹12.90 crore. The IPO opened on September 30, 2025, and closed on October 3, 2025. The allotment for the Munish Forge IPO is expected to be finalised on Monday, October 6, 2025. The Munish Forge IPO share price band was set at ₹91 to ₹96 per share.

Don’t Miss Out on the Next Big IPO – Invest With Just a Few Clicks!

Open Account Now

Steps to Check Munish Forge IPO Allotment Status on Registrar Site

• Visit the Skyline Financial Services Pvt.Ltd. website
• Select "Munish Forge" 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 Check Munish Forge IPO Allotment Status on NSE

• Navigate to the NSE SME IPO Allotment Status Page
• Select the issue type: equity/debt
• Choose "Munish Forge" 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

Munish Forge IPO Subscription Status

Munish Forge IPO received moderate investor interest, being subscribed 3.53 times overall. The subscription showed balanced confidence with solid participation across all categories. Here is a category-wise breakdown of the subscription as of 5:14:12 PM on October 3, 2025:

• Non-Institutional Investors (NII): 4.88 times.
• QIB Category (Ex Anchor): 4.05 times.
• Individual Investors: 2.66 times.

Munish Forge IPO Share Price and Investment Details

The Munish Forge IPO stock price band was set at ₹91 to ₹96 per share with a minimum lot size of 1,200 shares. The minimum investment required for retail investors was ₹2,30,400 for 2 lots (2,400 shares). The issue included up to 21,93,600 shares allocated to anchor investors raising ₹21.06 crore. 

Utilisation of IPO Proceeds

The funds raised through the IPO will be utilised as follows:

• Capital expenditure for civil construction and plant & machinery: ₹7.19 crore.
• Repayment/prepayment of debt facilities: ₹10.08 crore.
• Working capital requirements: ₹11.04 crore.
• General corporate purposes: Remaining amount.

Business Overview

Munish Forge Limited operates with integrated manufacturing capabilities handling all processes in-house, innovation-driven engineering using advanced CNC machines and robotic systems, prestigious clientele serving major OEMs and Tier-1 suppliers across global markets, established operations since 1986 with multiple certifications including defence standards, and strategic positioning in defence manufacturing serving Indian Army while demonstrating exceptional financial performance.