IPO market

Munish Forge IPO is a SME book building IPO. Issue size is 73.92 Cr. Price band is ₹91 to ₹96 per share. Minimum investment is ₹2.30 L. Lot size is 1200 shares. Open from 30 Sept 2025 to 3 Oct 2025. Allotment on 6 Oct 2025. Listing on 8 Oct 2025 at NSE. Managed by Gretex Corporate Services Ltd. Registrar: Skyline Financial Services Private Ltd. Key details for GMP, subscription, price, allotment, and listing in one place.
Price band and lot size for Munish Forge IPO. Price band is ₹91 to ₹96 per share. Face value is 10. Lot size is 1200 shares. Minimum retail investment from ₹2.30 L.
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2,400 | ₹2,30,400 |
| S-HNI (Min) | 3 | 3,600 | ₹3,45,600 |
| S-HNI (UPI) | 4 | 4,800 | ₹4,60,800 |
| S-HNI (Max) | 8 | 9,600 | ₹9,21,600 |
| B-HNI (Min) | 9 | 10,800 | ₹10,36,800 |
Pre-filled: Issue Price = ₹96, Lot Size = 1,200 shares, Listing Price = ₹105
| Category | Lots | Investment | At listing | Profit |
|---|---|---|---|---|
| Retail (Min) | 2 | ₹2,30,400 | ₹105 | +₹21,600 |
| S-HNI (Min) | 3 | ₹3,45,600 | ₹105 | +₹32,400 |
| S-HNI (UPI) | 4 | ₹4,60,800 | ₹105 | +₹43,200 |
| S-HNI (Max) | 8 | ₹9,21,600 | ₹105 | +₹86,400 |
| B-HNI (Min) | 9 | ₹10,36,800 | ₹105 | +₹97,200 |
Profit based on the official listing price for each investor category.
Price band, lot size, and minimum investment—explained.