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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%
Subscription3.6x total demandUpdated 21 Nov 2025, 09:03 AM
QIB4.05x
Popular / Warm DemandOffered: 14,62,800 sh
Nib5.23x
Popular / Warm DemandOffered: 10,98,000 sh
Hnis(10l +)6.46x
Popular / Warm DemandOffered: 7,32,000 sh
Hnis (2-10l)2.77x
Fully Subscribed (Safe)Offered: 3,66,000 sh
Retail2.66x
Fully Subscribed (Safe)Offered: 25,60,800 sh
CategoryOfferedAppliedTimes
QIB14,62,80059,18,4004.05x
Nib10,98,00057,40,8005.23x
Hnis(10l +)7,32,00047,25,6006.46x
Hnis (2-10l)3,66,00010,15,2002.77x
Retail25,60,80068,01,6002.66x
Segment Subscription Demand
Segment / CategoryDemand (Shares)Offered (Shares)Times Sub.
QIB56.8214.044.05x
Fiis5.010Open
Others51.810Open
Retail65.324.582.66x
Hnis 2+9.753.512.78x
Hnis 10+45.377.036.45x
Application-wise Breakup
CategoryReservedAppliedTimes Sub.
QIB05Open
Nib0678Open
Retail1,0672,8342.66x
Hnis(10l +)2033991.97x
Hnis (2-10l)1022792.74x