Munish Forge IPO
Updated 00:55
SME IPO on NSE Emerge · Castings & Forgings
How it listed
Listing price (open)
₹105.00 +9.38%
First-day close
₹110.25 +14.84%
| Listing day | 8 Oct 2025 |
| Open / high / low / close | ₹105.00 / ₹110.25 / ₹102.00 / ₹110.25 |
| Shares traded on NSE | 33,85,200 |
| Market value at the listing-day close | ₹265 cr |
Closing prices since listing: 21 Oct ₹85.00, 22 Oct ₹83.00, 23 Oct ₹80.00, 26 Oct ₹80.00, 27 Oct ₹82.10, 2 Nov ₹86.50, 3 Nov ₹81.50, 4 Nov ₹83.00, 5 Nov ₹83.00, 6 Nov ₹87.00.
Munish Forge share price, live chart and technicals →
Subscription
| Investor category | Shares bid for |
|---|
| Institutions (QIB) | 59,18,400 |
| HNI / NII | 57,40,800 |
| HNI, above ₹10 lakh | 47,25,600 |
| HNI, ₹2–10 lakh | 10,15,200 |
| Total | 1,16,59,200 |
NSE does not publish the shares offered to each category for this issue, so times subscribed cannot be shown. NSE and BSE bids together, as of 3 Oct 2025 19:00.
Applications from individual investors
2,834 applications in the individual investors' category (bidding for the minimum 2 lots).
NSE does not publish the shares set aside for this category for SME issues, so the chance of allotment cannot be worked out exactly. Winners are picked by lottery.
Demand at each price
| Top price ₹96 | 184.43 lakh shares | 99.9% |
| Lower prices ₹91–95 | 0.18 lakh shares | 0.1% |
Shares bid on NSE and BSE at each price in the band. Most bids at the top price, and little at lower prices, means buyers were keen.
From NSE's official IPO data. Expected dates follow SEBI's T+3 timetable; the exchange confirms them. Information only, not investment advice.
What is the Munish Forge IPO price band and lot size?
The price band is ₹91–96 per share, and one lot is 1200 shares (₹1,15,200 at the upper price).
When is the Munish Forge IPO allotment date?
Allotment was finalised on 6 Oct 2025, the next working day after bidding closed on 3 Oct 2025.
How many times was the Munish Forge IPO subscribed?
Subscription figures are not available yet.
What is the Munish Forge IPO listing date?
It listed on 8 Oct 2025 on NSE Emerge (SME).
When does the Munish Forge anchor lock-in end?
The 30-day lock-in on half of the anchor investors' shares ends on 4 Nov 2025 and the 90-day lock-in on the rest ends on 3 Jan 2026; they can sell from the next trading day.
What was the Munish Forge listing gain?
It opened at ₹105.00 against an issue price of ₹96, a gain of 9.38%. It is now down 9.38% from the issue price.