Tirupati Forge Ltd, established in 2012, is a reputable manufacturer and supplier of Forged Flanges, Auto Parts, Automotive Components, and Fitting Components. Located in Hadamtala Industrial Estate, Rajkot, Gujarat, the company specializes in producing high-quality closed die forged products such as auto components, bearings, and gears. They are also known for manufacturing forged flanges made from materials like mild steel, carbon steel, and stainless steel. These products find applications in various industries, particularly automotive machines, vehicles, and other machinery used in daily life.
To ensure product quality and customer satisfaction, Tirupati Forge Ltd holds an ISO 9001:2008 certification. Initially, the company primarily focused on catering to the international market, particularly the United States. However, over time, they expanded their exports to countries like Italy and Morocco, while also serving the domestic market. The company has a well-equipped forge shop, which includes essential facilities such as an in-house die shop, ring rolling machines, CNC Machine Shop, CNC Drilling, Stamping Machine, and an Automated Paint Line. These facilities contribute to their efficient manufacturing process and allow them to meet diverse customer requirements.
Tirupati Forge IPO Details
| IPO Date | Sep 29, 2017 to Oct 4, 2017 |
| Listing Date | Oct 12, 2017 |
| Face Value | ₹10 per share |
| Price | ₹29 per share |
| Lot Size | 4000 Shares |
| Total Issue Size | 1,800,000 shares (aggregating up to ₹5.22 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
Tirupati Forge IPO Listing Details
| Listing Date | Oct 12, 2017 |
| BSE Script Code | |
| NSE Symbol | FORGE |
| ISIN | INE319Y01016 |
| Final Issue Price | ₹29 per share |
Industry Overview
The company operates in the forging industry, specializing in the manufacturing of forged flanges, auto parts, automotive components, and fitting components. The forging industry is a crucial sector that involves shaping and forming metal through the application of localized compressive forces. Forged products are known for their strength, durability, and suitability for demanding applications in various industries.
The industry itself plays a vital role in supporting sectors such as automotive, construction, oil and gas, aerospace, and many others. As an integral part of the supply chain, companies like Tirupati Forge Ltd provide essential components and parts that are used in the manufacturing of machinery, vehicles, and other equipment.
Objects of the Issue
The object of the issue are:
1. Working Capital requirements
2. Repayment of Loan
3. General Corporate Purpose
Tirupati Forge IPO Prospectus
Company Contact Information
Tirupati Forge Ltd
Plot No. 1 – 5, Survey No. 92/1,
Near Shan Cement, Hadamtala Industrial Area,
Kotda Sangani Hadamtala, Rajkot 360311
Phone: 02827 – 27 0 512 /13
Email: info@tirupatiforge.com
Website: http://www.tirupatiforge.com
Tirupati Forge IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: irupatifoge.ipo@linkintime.co.in
Website: https://linkintime.co.in/s
Tirupati Forge IPO Lead Manager(s)
Pantomath Capital Advisors Pvt Ltd (Past IPO Performance)
- Pantomath Capital Advisors Pvt Ltd (Past IPO Performance)
