Forge Auto International IPO

Since its establishment in 2001, the company has evolved from a small unit into a well-equipped and professionally managed manufacturer specializing in customized closed die hot forging. Products include carbon and alloy steel forgings ranging from 1 kg to 20 kg and aluminum forgings from 500 gms to 6 kg.

The focus includes forging, heat treatment, surface cleaning, machining, and subcontracting, all tailored to customer requirements. Advanced manufacturing tools ensure accuracy and quality, leading to cost competitiveness and customer satisfaction.

Now a leading manufacturer of tractor parts, combine parts, and automotive components, the business remains family-owned, prioritizing quality and modern technology. With substantial capital investment and an extensive expansion program, the company is also increasing its export efforts to meet global quality standards.

Forge Auto International IPO Strengths

• Integrated manufacturing operations with a diverse product portfolio.
• Established long-term relationships with clients.
• Experienced promoters and a skilled senior management team.
• Proven track record of strong financial performance.

Forge Auto International IPO Risks

• The company relies on a limited customer base for revenue; losing any key customers could materially impact business operations and financial stability.
• There are no binding agreements with customers for orders or pricing, increasing vulnerability if customers choose competitors.
• The company depends on a few suppliers for steel, its main raw material, without definitive supply agreements; any failure by suppliers to meet requirements could adversely affect operations.