Metalic Technoforge SME IPO Subscription
ListedUpdated 28 July 2026, 9:15 AM IST· NSE SME
Metalic Technoforge SME IPO subscription closed on 23 July 2026 at 8.55x overall by shares. QIB demand came in at 4.58x, NII at 17.42x, and retail at 7.00x. See Retail, SHNI, and BHNI allotment chances in the table…
Metalic Technoforge SME IPO subscription closed on 23 July 2026 at 8.55x overall by shares. QIB demand came in at 4.58x, NII at 17.42x, and retail at 7.00x. See Retail, SHNI, and BHNI allotment chances in the table below.
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Allotment date is 24 July 2026. Listing date on NSE and BSE is 28 July 2026.
Metalic Technoforge SME IPO Day-wise Subscription
Daily QIB, NII, Retail, and overall subscription as bids come in
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 21 Jul 2026 | 0.00x | 0.30x | 0.62x | 0.37x |
| Day 2 - 22 Jul 2026 | 0.48x | 0.63x | 1.16x | 0.85x |
| Day 3 - 23 Jul 2026 | 4.58x | 17.07x | 7.00x | 8.47x |
Metalic Technoforge SME IPO Allotment Chances
Retail, SHNI, and BHNI chances based on application subscription
Metalic Technoforge SME IPO allotment chances for Retail, SHNI, and BHNI. All three use lottery when the category is oversubscribed.
| Category | Subscription (Apps) | Allotment Chances |
|---|---|---|
| Retail (IND) | 7.00x | 1 in 7 |
| SHNI (Rs 2L to Rs 10L) | 8.95x | 1 in 9 |
| BHNI (above Rs 10L) | 6.63x | 1 in 7 |
Chances use application subscription (how many bids came in), not share or amount figures. If you get allotment, you get at least one lot. Higher subscription means lower chance per PAN.
Check the Metalic Technoforge SME IPO Allotment Status page from 24 July 2026 for your result.
Metalic Technoforge SME IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 77.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 9.49 Cr | Rs 43.48 Cr | 4.58x |
| FII | - | Rs 3.09 Cr | - |
| DFI | - | Rs 33.26 L | - |
| Mutual Funds | - | - | - |
| Other | - | Rs 40.05 Cr | - |
| NII | Rs 7.15 Cr | Rs 124.49 Cr | 17.42x |
| bNII (above Rs 10L) | Rs 4.76 Cr | Rs 101.54 Cr | 21.32x |
| Corporate | - | Rs 4.52 Cr | - |
| Individual | - | Rs 93.80 Cr | - |
| Other | - | Rs 3.22 Cr | - |
| sNII (Rs 2L to Rs 10L) | Rs 2.38 Cr | Rs 22.95 Cr | 9.64x |
| Corporate | - | Rs 11.09 L | - |
| Individual | - | Rs 22.43 Cr | - |
| Other | - | Rs 40.66 L | - |
| IND | Rs 16.63 Cr | Rs 116.40 Cr | 7.00x |
| Total | Rs 33.26 Cr | Rs 284.37 Cr | 8.55x |
Metalic Technoforge SME IPO Subscription by Applications
Category-wise subscription based on applications received
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| QIB | 770 | 20 | 0.03x |
| FII | - | 1 | - |
| DFI | - | 3 | - |
| Mutual Funds | - | - | - |
| Other | - | 16 | - |
| NII | 193 | 1,428 | 7.40x |
| bNII (above Rs 10L) | 129 | 855 | 6.63x |
| Corporate | - | 19 | - |
| Individual | - | 807 | - |
| Other | - | 29 | - |
| sNII (Rs 2L to Rs 10L) | 64 | 573 | 8.95x |
| Corporate | - | 3 | - |
| Individual | - | 559 | - |
| Other | - | 11 | - |
| IND | 675 | 4,724 | 7.00x |
| Total | 1,638 | 6,172 | 3.77x |
What Do These Subscription Numbers Mean?
8.55x overall by shares means bids covered about 9 times the shares on offer. Allotment chances depend on applications in each category.
QIB at 4.58x by shares shows institutional demand from mutual funds, FIIs, and banks.
NII covers bids above Rs 2 lakh (7.40x by applications). Split: SHNI 8.95x, BHNI 6.63x by applications. SHNI and BHNI allotment is by lottery.
At 7.00x subscription by applications, about 1 in 7 retail applicants may get allotment (~14% chance per application). Retail allotment is also by lottery.
Metalic Technoforge SME IPO GMP After Subscription
GMP for Metalic Technoforge SME stands at Rs 6.00 today, giving an estimated listing price of Rs 83.00 per share.
A subscription of 8.55x combined with a GMP of 7.79% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.
Track live GMP on the Metalic Technoforge SME IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.
Metalic Technoforge SME IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 21 July 2026 |
| IPO Close Date | 23 July 2026 |
| Allotment Date | 24 July 2026 |
| Refund Initiation | 25 July 2026 |
| Share Credit to Demat | 25 July 2026 |
| Listing Date | 28 July 2026 |
| Minimum Investment | Rs 2,46,400.00 |
| Lot Size | 1600 shares |
About Metalic Technoforge SME
No company information available
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors (SHNI & BHNI)
Investors bidding above Rs 2 lakh. Split into SHNI (Rs 2 lakh to Rs 10 lakh) and BHNI (above Rs 10 lakh). Both use lottery allotment when oversubscribed.
IND - Individual Investors
Investors bidding up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Winners get at least one lot.
Metalic Technoforge SME IPO Pages
Open related pages for this IPO: details, GMP, subscription, allotment, review, FAQ, registrar, timeline, and news.
Metalic Technoforge SME Details
Issue size, price, financials, and company info
Metalic Technoforge SME GMP
Live grey market premium and listing estimate
Metalic Technoforge SME Subscription
QIB, NII, Retail, SHNI and BHNI subscription
Metalic Technoforge SME Allotment
Allotment date, chances, and check by PAN
Metalic Technoforge SME Review
SWOT, strengths, risks, and IPO review
Metalic Technoforge SME FAQ
Common questions on dates, GMP, and allotment
Metalic Technoforge SME Registrar
Registrar website and how to check allotment
Metalic Technoforge SME Timeline
Open, close, allotment, and listing dates
Metalic Technoforge SME News
Updates, blogs, and latest IPO news
Metalic Technoforge SME IPO Subscription FAQs
What is Metalic Technoforge SME IPO subscription status today?
Metalic Technoforge SME IPO subscription closed on 23 July 2026 with overall subscription of 8.55x (by shares) as of 19 August 2026, 4:32 AM IST. QIB 4.58x, NII 7.40x, IND 7.00x.
What is the overall subscription of Metalic Technoforge SME IPO?
Metalic Technoforge SME IPO is subscribed 8.55x overall by shares at close on 23 July 2026. QIB 4.58x, NII 7.40x, and IND 7.00x.
What is Metalic Technoforge SME IPO QIB subscription?
Metalic Technoforge SME IPO QIB (Qualified Institutional Buyers) subscription is 4.58x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is Metalic Technoforge SME IPO IND subscription?
Metalic Technoforge SME IPO IND subscription is 7.00x by applications. Retail bids are up to Rs 2 lakh per PAN.
What is Metalic Technoforge SME IPO NII, SHNI, and BHNI subscription?
Metalic Technoforge SME IPO NII subscription is 7.40x by applications. NII is bids above Rs 2 lakh, split into SHNI (Rs 2L to Rs 10L) at 8.95x and BHNI (above Rs 10L) at 6.63x.
What are Metalic Technoforge SME IPO retail allotment chances?
At 7.00x subscription by applications, about 1 in 7 retail applicants may get allotment (~14% chance per application). Allotment is by lottery.
What are Metalic Technoforge SME IPO SHNI allotment chances?
At 8.95x subscription by applications, about 1 in 9 SHNI applicants may get allotment (~11% chance per application). Allotment is by lottery. Share subscription was 9.64x. Allotment chances use applications, not share volume.
What are Metalic Technoforge SME IPO BHNI allotment chances?
At 6.63x subscription by applications, about 1 in 7 BHNI applicants may get allotment (~15% chance per application). Allotment is by lottery. Share subscription was 21.32x. Allotment chances use applications, not share volume.
When is Metalic Technoforge SME IPO allotment date?
Metalic Technoforge SME IPO allotment date is 24 July 2026. Check Metalic Technoforge SME IPO Allotment Status on IPOwiz from that day using your PAN.
When does Metalic Technoforge SME IPO subscription close?
Metalic Technoforge SME IPO subscription closed on 23 July 2026. No new applications are accepted after the close.
What is Metalic Technoforge SME IPO GMP today?
Metalic Technoforge SME IPO GMP is ₹6 today (+7.79% over issue price ₹77). See live GMP on the Metalic Technoforge SME IPO GMP Today page.
What is Metalic Technoforge SME IPO issue price and lot size?
Metalic Technoforge SME IPO issue price is ₹77 per share. Lot size is 1600 shares. Minimum investment is ₹2,46,400 per lot (minimum 2 lots for SME). Issue size: ₹49.96 Cr.
When is Metalic Technoforge SME IPO listing date?
Metalic Technoforge SME IPO listing date is 28 July 2026 on NSE and BSE. Allotment is on 24 July 2026.
How does subscription affect Metalic Technoforge SME IPO allotment?
In Metalic Technoforge SME IPO, Retail, SHNI, and BHNI allotment is by lottery when oversubscribed. Chances follow application subscription in each category, not share volume. At 8.55x overall, competition is moderate.
For allotment results from 24 July 2026, visit the Metalic Technoforge SME IPO Allotment Status page. For listing day updates on 28 July 2026, download the IPOwiz App.
Sources
We match Metalic Technoforge SME IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.
- SEBIRules for IPO allotment and disclosures in India
- NSEExchange notices, bidding data, and listing updates
- BSEExchange notices and IPO allotment check tools
- RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
- IPO RegistrarRegistrar details are on the allotment page for this IPO
Also read our Editorial Policy, How GMP is calculated, and How allotment chances work.
Reviewed by
Dinesh Agrawal · Lead IPO Analyst
15+ years in Indian markets and IPO research. He reviews subscription data before it goes live.