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Advance Technoforge IPO Opens at Rs 95, Subscribed Up to 0.23 Times So Far

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Advance Technoforge IPO Opens at Rs 95, Subscribed Up to 0.23 Times So Far

Analysed 27 Jul 2026·2 sources analysed·India·Business
Advance Technoforge IPO Opens at Rs 95, Subscribed Up to 0.23 Times So FarPreviousNext

Advance Technoforge Limited (ATL) launched its IPO on 27 July 2026, priced at Rs 95 per share, aiming to raise approximately Rs 24 crore for expansion and operational needs. The IPO, open until 29 July, offers shares on BSE's SME platform with a minimum lot size of 1,200 shares. As of 27 July, subscription levels ranged from 0.16 to 0.23 times, with bids received for 3.72 to 6.01 lakh shares against an offer of over 24 lakh shares. The company manufactures forged and precision-machined components for various industries and plans to use proceeds for machinery, working capital, and debt repayment.

Sentiment
52%
TBN's observations

First-hand measurement across 2 sources

We measured how 2 outlets covered this story. No outlet gave this story a measurable political slant — there is no left–right reading to report. Overall sentiment is neutral (52/100). Lens Score 41/100.

Outlets measured: businessstandard, mint. See how each one headlined and framed the same story in the source comparison below.

AI analysis of 2 sources · Published under editorial oversight by The Balanced News
Analysed 27 Jul 2026· How this analysis is produced· Editorial standards· Corrections

AI Analysis

Sentiment — Neutral (52/100)

Sentiment was consistent across outlets (50–55/100), indicating broadly factual reporting rather than editorialising.

Coverage timeline

mint broke this story on 27 Jul, 09:46 am. Other outlets followed.

27 Jul, 09:46 am2 sources · 2 h27 Jul, 11:54 am
  1. 1
AI analysis by the TBN Bias Engine · beat methodology byMrunal Wange· Business & Economy Editor· editorial standards byOjas Kale
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mint27 Jul, 09:46 am
Advance Technoforge IPO Day 1: Issue subscribed 16 so far. Check GMP, key details Stock Market News
  • 2
    businessstandard27 Jul, 11:54 am
    BSE SME IPO of Advance Technoforge subscribed 23
  • Who's involved

    Institutions and figures named across source coverage.

    Corporate
    Sun Capital Advisory Services Pvt. Ltd.Advance TechnoforgeKFin Technologies Ltd.Advance Technoforge LimitedBSE

    Story context

    Category
    Business
    Location
    India
    Sources analysed
    2
    Last analysed
    27 Jul 2026
    Key entities
    Initial public offeringIndian rupeeCroreEquity (finance)Heavy equipmentAutomotive industryGross metropolitan productFace valueGrey marketValveOriginal equipment manufacturerPump