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Forge Auto International: IPO, Share Price and Results Since Listing

Forge Auto International listed on NSE Emerge on 4 October 2024 after an IPO at INR 108 a share. On 11 November 2026 the shares closed at INR 92, 14.81% below the issue price. For H2 FY2026 it reported revenue of INR 136.33 crore and a profit after tax of INR 6.32 crore.

Key Facts

IPO dates
26 September 2024 to 30 September 2024
Issue price
INR 108
Issue size
INR 31.10 crore
Subscription
49.35 times
Lead manager
Hem Securities Limited
Listing day
opened at INR 113 (+4.63%), closed at INR 109.35 (+1.25%)
Listed on NSE Emerge
4 October 2024
Symbol
FORGEAUTO
Latest close
INR 92 on 11 November 2026
Against issue price
-14.81%
Lot size now
1,200 shares (INR 1,10,400 at the latest close)

Results Filed With NSE

Consolidated figures, INR crore. Change compares with the same period a year earlier.

PeriodRevenueChangeProfit after taxEPS (INR)Filed
H2 FY2026136.33โ€“6.325.78after listing28 May 2026
FY2026270.19โ€“12.3311.29after listing28 May 2026
H1 FY2026133.86โ€“6.025.05after listing14 November 2025

Promoter Holding

Promoter holding has moved from 73.63% on 3 October 2024 to 73.63% on 30 September 2026 (0 percentage points).

As ofPromotersPublic
30 September 202673.63%26.37%
31 March 202673.63%26.37%
30 September 202573.63%26.37%
31 March 202573.63%26.37%
3 October 202473.63%26.37%

Anchor Lock-ins

Lock-inEnds
30 days31 October 2024
90 days30 December 2024

Next Board Meeting

13 November 2026: Financial results

Sources: NSE Emerge filings (results XBRL, shareholding pattern, board meetings), NSE daily price files, and IPO records. Prices are not adjusted for bonus issues or splits.