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MUNISHSME / NSEListed

Munish Forge Limited

Munish Forge Limited, incorporated in July 1986, manufactures a wide range of components such as flanges, scaffolding, auto parts, tank tracks, bomb shells, fence posts, and steel accessories, meeting both customer specifications and international standards. Serving the Indian Army and industries like defence, oil and gas, automobile, construction, and infrastructure, the company holds certifications including ISO 9001:2015, ISO 14001:2015, IATF 16949:2016, and PED. It produces critical defence components like battle tank track chains and bomb shells, with rigorous testing in-house and at NABL-certified labs. Munish Forge also exports products globally, adhering to international standards, and uses advanced manufacturing methods, including induction furnaces and solar power, to improve efficiency and reduce environmental impact. As of March 31, 2025, the company employed 754 people.

₹91 - ₹963.6x sub
Listed Price105.00
Listing Gain+9.38%
TimelineBookbuilding IPO
Open30 Sep 2025
Close03 Oct 2025
Allotment06 Oct 2025
Listing08 Oct 2025

Quota Reservation Portions

AnchorPortion: 21,93,600 shares
28.49%
QIBPortion: 14,62,800 shares
19%
HNIPortion: 10,98,000 shares
14.26%
RetailPortion: 25,60,800 shares
33.26%
Market MakerPortion: 3,85,200 shares
5%

Minimum Application Bracket Matrix

Retail2 lots / 2,400 shares
₹2,30,400
sHNI3 lots / 3,600 shares
₹3,45,600
bHNI9 lots / 10,800 shares
₹10,36,800

About the Company

Munish Forge Limited, incorporated in July 1986, manufactures a wide range of components such as flanges, scaffolding, auto parts, tank tracks, bomb shells, fence posts, and steel accessories, meeting both customer specifications and international standards. Serving the Indian Army and industries like defence, oil and gas, automobile, construction, and infrastructure, the company holds certifications including ISO 9001:2015, ISO 14001:2015, IATF 16949:2016, and PED. It produces critical defence components like battle tank track chains and bomb shells, with rigorous testing in-house and at NABL-certified labs. Munish Forge also exports products globally, adhering to international standards, and uses advanced manufacturing methods, including induction furnaces and solar power, to improve efficiency and reduce environmental impact. As of March 31, 2025, the company employed 754 people.

Company Promoters

Mr. Davinder BhasinMr. Dev Arjun BhasinMs. Minakshi BhasinMunish Promoters and Developers Private LimitedDev Arjuna Enterprises Private Limited

Registrar

Skyline Financial Services Private Limited