Mumbai, Aug. 3 -- The scrip was listed at Rs 94, a 1.05% discount to the initial public offer (IPO) price. The stock is currently frozen at its lower limit of 5% over its listing price.

The counter hit a high of Rs 94 and a low of Rs 89.30. About 1.86 lakh shares of the company changed hands at the counter.

Advance Technoforge's IPO was subscribed 1.52 times. The issue opened for bidding on 27 July 2026 and it closed on 29 July 2026. The price of the IPO was fixed at Rs 95 per share.

The IPO comprised a fresh issue of 25,29,600 shares. The promoter and promoter shareholding diluted to 71.99% from 100% pre-IPO.

The company intends to utilise the net proceeds from the issue towards the purchase and installation of machinery for manufact...