Munish Forge IPO Allotment Status: Overall Subscription & Verification Steps

Overview & IPO Details

Here’s a snapshot of Munish Forge IPO details to set the context:

ParameterDetail
IPO TypeSME / Book‑built issue
Issue Open Date30 September 2025
Issue Close Date3 October 2025
Price Band₹91 to ₹96 per share
Lot Size1,200 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 / QuotaRetail ~ 35%, QIB ~ 50%, NII/HNI ~ 15%
RegistrarSkyline Financial Services Pvt. Ltd.
Tentative Allotment Date6 October 2025
Refund / Share Credit Date7 October 2025
Listing Date8 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

EventDate
IPO Subscription Period30 September – 3 October 2025
Basis of Allotment (Allotment Date)6 October 2025
Refund / Share Credit7 October 2025
Listing Day8 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)

  1. Visit the Skyline Financial IPO / Allotment Status page.
  2. From the dropdown or list, select Munish Forge IPO.
  3. Enter one of: PAN, Application Number, or DP / Demat Client ID.
  4. Enter the captcha or verification code (if required).
  5. Click Submit / Search.
  6. 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.

Disclaimer

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