Overview & IPO Details
Here’s a snapshot of Munish Forge IPO details to set the context:
| Parameter | Detail |
|---|---|
| IPO Type | SME / Book‑built issue |
| Issue Open Date | 30 September 2025 |
| Issue Close Date | 3 October 2025 |
| Price Band | ₹91 to ₹96 per share |
| Lot Size | 1,200 shares |
| Total Issue Size | ~ 77,00,400 shares (≈ ₹ 70.07 – 73.92 crore) |
| Fresh Issue Portion | ~ 63,56,400 shares |
| Offer for Sale Portion | ~ 13,44,000 shares |
| Reservation / Quota | Retail ~ 35%, QIB ~ 50%, NII/HNI ~ 15% |
| Registrar | Skyline Financial Services Pvt. Ltd. |
| Tentative Allotment Date | 6 October 2025 |
| Refund / Share Credit Date | 7 October 2025 |
| Listing Date | 8 October 2025 (on NSE SME) |
These are based on prospectus and public IPO announcements.
Subscription / Demand Data
Here’s how the demand shaped up during the IPO period:
- By the final day, the IPO was 2.52× subscribed overall (i.e. total bids were roughly 2.52 times the shares on offer) according to broker platforms.
- Category‑wise subscriptions on closing day:
- QIB: ~1.62×
- NII (HNI): ~5.23×
- Retail: ~2.63×
- Earlier in the subscription period, the demand was lower—e.g. Day 1 saw ~0.36× overall, with retail slower, etc.
- These numbers suggest reasonably strong interest, particularly in the NII/HNI segment.
Because subscription data is dynamic and sometimes updated by different platforms at slightly different times, minor variations may exist between sources.
Key Dates to Keep in Mind
| Event | Date |
|---|---|
| IPO Subscription Period | 30 September – 3 October 2025 |
| Basis of Allotment (Allotment Date) | 6 October 2025 |
| Refund / Share Credit | 7 October 2025 |
| Listing Day | 8 October 2025 |
Allotment is expected on 6 October. Refunds and credit of shares usually follow the next business day, ahead of listing.
How to Check Munish Forge IPO Allotment Status
Here are the most reliable methods you can use:
Method 1: Registrar’s Website (Skyline Financial)
- Visit the Skyline Financial IPO / Allotment Status page.
- From the dropdown or list, select Munish Forge IPO.
- Enter one of: PAN, Application Number, or DP / Demat Client ID.
- Enter the captcha or verification code (if required).
- Click Submit / Search.
- The site should display how many shares you applied for vs how many were allotted (if any).
Method 2: BSE / Exchange Allotment Page
- On BSE’s IPO / Application Status / Allotment page, choose Equity / SME as issue type, then pick “Munish Forge” from the list.
- Enter your PAN or Application Number / DP ID, solve the captcha, and click Search.
- The allotment status (if declared) will be shown.
Method 3: Through Your Broker / Demat / Trading Account
- Log into your broker or trading app (Zerodha, Upstox, etc.).
- Navigate to the IPO / Investments section or specific IPO tab.
- Once allotment is processed, the status (“allotted / not allotted / partial”) may appear.
- If shares are allotted, they should reflect in your Demat holdings (usually by the credit date).
- If not allotted (or partially), the refund or reversal of blocked funds will appear in your bank account.
What Happens Next & Tips
- If allotted → Shares are expected to be credited to your Demat account on or by 7 October.
- If not allotted → Refunds will be processed automatically on or after 7 October.
- Partial allotment → You may receive fewer shares than you applied for; the rest of your funds will be refunded.
- Delays or non‑reflection → If shares or refunds don’t reflect as expected, contact the registrar (Skyline Financial) or your broker with your PAN, application details, and proof of submission.
- Always double-check your PAN, application number or DP ID correctness when entering details for status check.
