Advance Technoforge IPO listing: listed at ₹94, −1.1% under the issue price
Advance Technoforge listed on BSE SME on 3 Aug 2026 at ₹94 per share, −₹1 (−1.1%) against the upper price band of ₹95. The issue (price band ₹95, bidding 27 Jul 2026 to 29 Jul 2026) was subscribed 1.55x overall. The last grey-market premium we captured before listing was ₹4 on 2 Aug 2026 (daily average of 11 quotes), which implied a listing price of ₹99; the shares listed at ₹94, ₹5 below that.
Updated 6 Oct 2026, 19:02 IST. Dated dealer references.
Listing day facts
| Listing date | 3 Aug 2026 |
|---|---|
| Exchange | BSE SME |
| Listing price | ₹94 |
| Upper price band (issue price basis) | ₹95 |
| Gain or loss vs upper band | −₹1 per share (−1.1%) |
| Price band | ₹95 |
| Issue dates | 27 Jul 2026 to 29 Jul 2026 |
| Subscription (overall, at close) | 1.55x, as of 29 Jul 2026 |
| Lot size | 1,200 shares |
| Gain or loss per lot vs upper band | −₹1,200 |
Grey-market premium against the actual listing
The last grey-market premium we captured before listing was ₹4 on 2 Aug 2026 (daily average of 11 quotes), which implied a listing price of ₹99; the shares listed at ₹94, ₹5 below that.
| Date | GMP | Implied listing price | Actual listing vs implied | Quotes captured |
|---|---|---|---|---|
| 28 Jul 2026 | ₹9 | ₹104 | −₹10 (−9.6%) | 5 |
| 29 Jul 2026 | ₹5 | ₹100 | −₹6 (−6.0%) | 5 |
| 30 Jul 2026 | ₹12 | ₹107 | −₹13 (−12.1%) | 12 |
| 31 Jul 2026 | ₹5 | ₹100 | −₹6 (−6.0%) | 11 |
| 1 Aug 2026 | ₹3 | ₹98 | −₹4 (−4.1%) | 12 |
| 2 Aug 2026 | ₹4 | ₹99 | −₹5 (−5.1%) | 11 |
GMP is unofficial and unregulated; these are the quotes our desk feed captured, averaged by day. Only the price band and the exchange listing price are official.
Frequently asked questions
What was the Advance Technoforge IPO listing price?
Advance Technoforge listed on BSE SME on 3 Aug 2026 at ₹94 per share.
How did Advance Technoforge list against the issue price?
The listing price of ₹94 was −₹1 per share (−1.1%) against the upper price band of ₹95.
What did the grey market indicate before Advance Technoforge listed?
The last grey-market premium we captured before listing was ₹4 on 2 Aug 2026 (daily average of 11 quotes), which implied a listing price of ₹99; the shares listed at ₹94, ₹5 below that. GMP is unofficial and not a forecast.
Where do Advance Technoforge shares trade now?
On BSE SME. Check the exchange for the current quote; BuyUnlistedShares tracks unlisted shares and does not quote listed prices.
Advance Technoforge IPO overview · GMP history · Subscription status · Allotment status
Indicative reference price, dated. BuyUnlistedShares is India's premium unlisted shares desk, run by Gayatri Financial Synergy LLP, in the market since 2002. Reviewed by the BuyUnlistedShares desk before publishing. Data as of 06 Oct 2026.
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