{"id":50452,"date":"2025-09-30T15:52:40","date_gmt":"2025-09-30T10:22:40","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=50452"},"modified":"2025-09-30T15:53:14","modified_gmt":"2025-09-30T10:23:14","slug":"munish-forge-ipo-gmp-day-1","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/munish-forge-ipo-gmp-day-1\/","title":{"rendered":"Munish Forge IPO GMP: Day 1 IPO Live Updates"},"content":{"rendered":"<p><a href=\"https:\/\/univest.in\/user\/log-in\"><strong><em>Click &amp; Sign Up to Get Latest Updates on Munish Forge IPO<\/em><\/strong><\/a><\/p><p>The <strong>Munish Forge IPO GMP <\/strong>is \u20b90 as of 30th September 2025. It is a book-building IPO of \u20b973.92 crores, comprising a fresh issue of 0.64 crore shares and an offer for sale of 0.13 crore shares. The issue will be listed on NSE and SME on its tentative listing date, 8th October 2025. The face value of Munish Forge shares stands at \u20b910 per share, and the IPO price band is set at \u20b991 to \u20b996 per share. Retail investors can bid for a minimum of 2 lots of 2,400 shares worth \u20b92,30,400.<\/p><div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/munish-forge-ipo-gmp-day-1\/#Munish_Forge_IPO_Grey_Market_Premium\" title=\"Munish Forge IPO Grey Market Premium\">Munish Forge IPO Grey Market Premium<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/munish-forge-ipo-gmp-day-1\/#Munish_Forge_IPO_Details\" title=\"Munish Forge IPO Details\">Munish Forge IPO Details<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/munish-forge-ipo-gmp-day-1\/#Explanation\" title=\"Explanation\">Explanation<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/munish-forge-ipo-gmp-day-1\/#Objectives_of_the_Munish_Forge_IPO\" title=\"Objectives of the Munish Forge IPO\">Objectives of the Munish Forge IPO<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/munish-forge-ipo-gmp-day-1\/#Munish_Forge_IPO_Registrar\" title=\"Munish Forge IPO Registrar\">Munish Forge IPO Registrar<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/munish-forge-ipo-gmp-day-1\/#Munish_Forge_IPO_Review\" title=\"Munish Forge IPO Review&nbsp;&nbsp;\">Munish Forge IPO Review&nbsp;&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/munish-forge-ipo-gmp-day-1\/#Munish_Forge_Limited_Technicals\" title=\"Munish Forge Limited Technicals\">Munish Forge Limited Technicals<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/munish-forge-ipo-gmp-day-1\/#FAQs_on_Munish_Forge_IPO\" title=\"FAQs on Munish Forge IPO\">FAQs on Munish Forge IPO<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/munish-forge-ipo-gmp-day-1\/#What_is_the_GMP_of_the_Munish_Forge_IPO\" title=\"What is the GMP of the Munish Forge IPO?\">What is the GMP of the Munish Forge IPO?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/munish-forge-ipo-gmp-day-1\/#What_is_the_issue_price_of_the_Munish_Forge_IPO\" title=\"What is the issue price of the Munish Forge IPO?\">What is the issue price of the Munish Forge IPO?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/munish-forge-ipo-gmp-day-1\/#Who_is_the_registrar_of_the_Munish_Forge_IPO\" title=\"Who is the registrar of the Munish Forge IPO?\">Who is the registrar of the Munish Forge IPO?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/munish-forge-ipo-gmp-day-1\/#Recent_Articles\" title=\"Recent Articles\">Recent Articles<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Munish_Forge_IPO_Grey_Market_Premium\"><\/span><strong>Munish Forge IPO Grey Market Premium<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>As of 30th September 2025, the <strong>Munish Forge IPO GMP <\/strong>stands at \u20b90 per share. Thus, the estimated listing price would be \u20b912. This indicates that the estimated listing gain in this IPO could be 0.00%. However, GMP details are subject to change based on market conditions and fluctuations. Explore the table for the <strong>Munish Forge IPO GMP <\/strong>updates.<\/p><figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>GMP Date<\/strong><\/td><td><strong>IPO Price<\/strong><\/td><td><strong>GMP<\/strong><\/td><td><strong>Estimated Listing Price&nbsp;<\/strong><\/td><td><strong>Estimated Listing Gains<\/strong><\/td><\/tr><tr><td><strong>30-09-2025<\/strong><\/td><td>\u20b912.00<\/td><td>\u20b90.00<\/td><td>\u20b912.00<\/td><td>0.00%<\/td><\/tr><tr><td><strong>29-09-2025<\/strong><\/td><td>\u20b912.00<\/td><td>\u20b90.00<\/td><td>\u20b912.00<\/td><td>0.00%<\/td><\/tr><tr><td><strong>28-09-2025<\/strong><\/td><td>\u20b912.00<\/td><td>\u20b90.00<\/td><td>\u20b912.00<\/td><td>0.00%<\/td><\/tr><tr><td><strong>27-09-2025<\/strong><\/td><td>\u20b912.00<\/td><td>\u20b90.00<\/td><td>\u20b912.00<\/td><td>0.00%<\/td><\/tr><tr><td><strong>26-09-2025<\/strong><\/td><td>\u20b912.00<\/td><td>\u20b90.00<\/td><td>\u20b912.00<\/td><td>0.00%<\/td><\/tr><\/tbody><\/table><\/figure><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Munish_Forge_IPO_Details\"><\/span><strong>Munish Forge IPO Details<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>IPO Open Date<\/strong><\/td><td>30th September 2025<\/td><\/tr><tr><td><strong>IPO Close Date<\/strong><\/td><td>3rd October 2025<\/td><\/tr><tr><td><strong>IPO Allotment Date<\/strong><\/td><td>6th October 2025<\/td><\/tr><tr><td><strong>Refund Initiation&nbsp;<\/strong><\/td><td>7th October 2025<\/td><\/tr><tr><td><strong>Issue Size<\/strong><\/td><td>77,00,400 shares(aggregating up to \u20b973.92 Cr)<\/td><\/tr><tr><td><strong>Fresh Issue<\/strong><\/td><td>59,71,200 shares(aggregating up to \u20b957.32 Cr)<\/td><\/tr><tr><td><strong>Offer for Sale&nbsp;<\/strong><\/td><td>13,44,000 shares of \u20b910(aggregating up to \u20b912.90 Cr)<\/td><\/tr><tr><td><strong>Face Value<\/strong><\/td><td>\u20b910 per share<\/td><\/tr><tr><td><strong>Lot Size<\/strong><\/td><td>1,200 shares<\/td><\/tr><tr><td><strong>Issue Price Final<\/strong><\/td><td>\u20b991 and \u20b996 per share<\/td><\/tr><tr><td><strong>Issue Type<\/strong><\/td><td>Bookbuilding IPO<\/td><\/tr><tr><td><strong>Listing At<\/strong><\/td><td>NSE &amp; SME<\/td><\/tr><tr><td><strong>Listing Date<\/strong><\/td><td>8th October 2025<\/td><\/tr><\/tbody><\/table><\/figure><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Explanation\"><\/span><strong>Explanation<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p><strong>Munish Forge IPO: <\/strong>Munish Forge Limited has announced that the issue price is set at \u20b991 to \u20b996 per share. With this IPO, the company allows retail investors to bid for two lots of 2,400 shares worth \u20b92,30,000. The face value of Munish Forge Limited shares is \u20b910 per share. The shares of Munish Forge Limited will be listed on NSE and SME on its tentative listing day, 8th October 2025. Scroll down to view GMP updates and <strong>reviews of the Munish Forge IPO<\/strong>.&nbsp;<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Objectives_of_the_Munish_Forge_IPO\"><\/span><strong>Objectives of the Munish Forge IPO<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>The primary aim of the Munish Forge<strong> IPO<\/strong> is to raise \u20b973.92 crore. On the other hand, Munish Forge has decided to utilise these funds in different ways. Explore some of the secondary objectives for the Munish Forge IPO.<\/p><ul class=\"wp-block-list\"><li>To Capital expenditure towards Civil construction and Purchase of additional Plant &amp; Machinery<\/li>\n\n<li>To Repayment\/Pre-payment of Certain Debt Facilities<\/li>\n\n<li>To Working Capital Requirements<\/li>\n\n<li>To General Corporate Purposes<\/li><\/ul><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Munish_Forge_IPO_Registrar\"><\/span><strong>Munish Forge IPO Registrar<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>Skyline Financial Services Private Limited is the registrar of the Munish Forge<strong> IPO,<\/strong> responsible for managing the allotment procedure and initiating refunds. For any queries regarding the Munish Forge allotment and refund, you can contact Skyline Financial Services Private Limited at <a href=\"mailto:compliances@skylinerta.com\">compliances@skylinerta.com<\/a> or 02228511022.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Munish_Forge_IPO_Review\"><\/span><strong>Munish Forge IPO Review&nbsp;&nbsp;<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"536\" src=\"https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2025\/09\/30153644\/Munish-Forge-IPO-Apply-or-Avoid-1024x536.jpg\" alt=\"\" class=\"wp-image-50454\" srcset=\"https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2025\/09\/30153644\/Munish-Forge-IPO-Apply-or-Avoid-1024x536.jpg 1024w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2025\/09\/30153644\/Munish-Forge-IPO-Apply-or-Avoid-300x157.jpg 300w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2025\/09\/30153644\/Munish-Forge-IPO-Apply-or-Avoid-768x402.jpg 768w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2025\/09\/30153644\/Munish-Forge-IPO-Apply-or-Avoid-900x471.jpg 900w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2025\/09\/30153644\/Munish-Forge-IPO-Apply-or-Avoid-600x314.jpg 600w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2025\/09\/30153644\/Munish-Forge-IPO-Apply-or-Avoid-150x79.jpg 150w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2025\/09\/30153644\/Munish-Forge-IPO-Apply-or-Avoid.jpg 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure><p>The <strong>Munish Forge IPO <\/strong>has gained neutral ratings from industry experts, brokers, and institutional investors. Munish Forge Limited&#8217;s revenue increased by 0.24% from \u20b9161.18 crore in March 2023 to \u20b9161.58 crore in March 2024. Moreover, the company&#8217;s PAT rose by 122.84% from \u20b91.97 crores to \u20b94.39 crores.<\/p><p>Most analysts recommend applying for this IPO to diversify your investment portfolio in the stock market. However, we\u2019re waiting for further ratings to gain a better understanding and will continue to post them to deliver real-time insights. Until then, you can explore the company&#8217;s technical analysis to know whether you should apply for the <strong>Munish Forge IPO <\/strong>or not.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Munish_Forge_Limited_Technicals\"><\/span><strong>Munish Forge Limited Technicals<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>Several technical indicators are available to assess a company&#8217;s potential to deliver returns. Use the parameters mentioned below to analyse the technical aspects of the <strong>Munish Forge IPO.<\/strong><\/p><figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Key Indicators<\/strong><\/td><td><strong>Value<\/strong><\/td><\/tr><tr><td><a href=\"https:\/\/univest.in\/blogs\/price-to-earnings-ratio-p-e-ratio\"><strong>PE Ratio (Price-to-Earnings)<\/strong><\/a><strong>&nbsp;<\/strong><\/td><td>38.74<\/td><\/tr><tr><td><a href=\"https:\/\/univest.in\/blogs\/earnings-per-share-eps-formula\"><strong>EPS (Earnings Per Share)<\/strong><\/a><\/td><td>2.48<\/td><\/tr><tr><td><strong>RoNW<\/strong><\/td><td>10.81%<\/td><\/tr><tr><td><a href=\"https:\/\/univest.in\/blogs\/return-on-capital-employed\"><strong>ROCE<\/strong><\/a><\/td><td>9.88%<\/td><\/tr><tr><td><a href=\"https:\/\/univest.in\/blogs\/return-on-equity\"><strong>ROE<\/strong><\/a><\/td><td>10.81%<\/td><\/tr><tr><td><strong>EBITDA Margin<\/strong><\/td><td>&#8211;<\/td><\/tr><tr><td><strong>Price to Book Value<\/strong><\/td><td>2.28<\/td><\/tr><tr><td><strong>Market Capitalisation<\/strong><\/td><td>\u20b9231.07 Cr.<\/td><\/tr><\/tbody><\/table><\/figure><p>The P\/E ratio of Munish Forge Limited&#8217;s share is 38.74, and its Earnings Per Share (EPS) stands at 2.48. Thus, the Munish Forge<strong> Limited IPO<\/strong> can deliver gains on its tentative listing date, 8th October&nbsp; 2025.&nbsp;<\/p><p><strong><em>Note<\/em><\/strong><em>: The data, as mentioned above, is taken from authentic sources and highlights pre-issue information. The PE ratio and EPS of Munish Forge&nbsp; Limited are subject to change after the IPO. Refer to the table below for post-issue updates on these two metrics.&nbsp;<\/em><\/p><figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Indicators<\/strong><\/td><td><strong>Pre-IPO<\/strong><\/td><td><strong>Post-IPO<\/strong><\/td><\/tr><tr><td><a href=\"https:\/\/univest.in\/blogs\/price-to-earnings-ratio-p-e-ratio\"><strong>PE Ratio<\/strong><\/a><\/td><td>38.74<\/td><td>16.45<\/td><\/tr><tr><td><a href=\"https:\/\/univest.in\/blogs\/what-is-eps-earnings-per-share-in-the-stock-market\"><strong>EPS&nbsp;<\/strong><\/a><\/td><td>2.48<\/td><td>5.84<\/td><\/tr><\/tbody><\/table><\/figure><p><strong><em>Download the <\/em><\/strong><a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\"><strong><em>Univest iOS App<\/em><\/strong><\/a><strong><em> or the <\/em><\/strong><a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&amp;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\"><strong><em>Univest Android App<\/em><\/strong><\/a><strong><em> to get daily stock recommendations and insightful research pieces!<\/em><\/strong><\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"FAQs_on_Munish_Forge_IPO\"><\/span><strong>FAQs on Munish Forge IPO<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_the_GMP_of_the_Munish_Forge_IPO\"><\/span><strong>What is the GMP of the Munish Forge IPO?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Ans. As of 30th September 2025, the <strong>Munish Forge<\/strong> (Grey Market Premium) stands at \u20b90. This suggests that the estimated listing price could be \u20b996 per share.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_the_issue_price_of_the_Munish_Forge_IPO\"><\/span><strong>What is the issue price of the Munish Forge IPO?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Ans.&nbsp; The Munish Forge<strong> IPO<\/strong> price is set between \u20b991 to \u20b996 per share.&nbsp; Retail investors can apply for a minimum of 2 lots, each consisting of 2,400 shares, worth \u20b92,30,400. Moreover, HNIs are required to bid for a minimum of 3 lots (3,600 shares) worth \u20b93,45,600.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Who_is_the_registrar_of_the_Munish_Forge_IPO\"><\/span><strong>Who is the registrar of the Munish Forge IPO?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Ans Skyline Financial Services Private Limited is the registrar of the Munish Forge<strong> IPO,<\/strong> responsible for managing the allotment procedure and initiating refunds. For any queries regarding the Munish Forge allotment and refund, you can contact Skyline Financial Services Private Limited at <a href=\"mailto:compliances@skylinerta.com\">compliances@skylinerta.com<\/a> or 02228511022.<\/p><p><strong><em>Disclaimer<\/em><\/strong><em>: The above information is compiled from authentic sources and is just for informational purposes. To have detailed information about the Munish Forge IPO, download the Munish Forge IPO RHP and Munish Forge IPO DRHP. Conduct thorough research before investing in IPOs to minimise the risk of significant losses. You can also consult your financial advisor.<\/em><\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Recent_Articles\"><\/span><strong>Recent Articles<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p><a href=\"https:\/\/univest.in\/blogs\/top-10-penny-stocks-in-india\">Top 10 Penny Stocks in India&nbsp; | Penny Stocks to Buy in 2025<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/best-stocks-to-buy-today-6\">Best Stocks to Buy Today: Explore Best Stocks With Expected Trends<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/milky-mist-dairy-foods-ipo-details\">Milky Mist Dairy Foods IPO Details: Everything You Should Know about<\/a>&nbsp;<\/p><p><a href=\"https:\/\/univest.in\/blogs\/karbonsteel-engineering-ipo-gmp-review\">Karbonsteel Engineering IPO GMP &amp; Review: Should You Apply or Avoid?<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/taurian-mps-ipo-gmp-review\">Taurian MPS IPO GMP &amp; Review: Should You Apply or Avoid?<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/shringar-house-of-mangalsutra-ipo-gmp-review\">Shringar House of Mangalsutra IPO GMP &amp; Review: Apply or Avoid?<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/dev-accelerator-ipo-gmp-review\">Dev Accelerator IPO GMP &amp; Review: Apply or Avoid?<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/vigor-plast-india-ipo-listing-preview\">Vigor Plast India IPO Listing Preview: What to Expect Now?<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/krupalu-metals-ipo-gmp-live-updates-2\">Krupalu Metals IPO GMP: Day 3 IPO Live Updates<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Click &amp; Sign Up to Get Latest Updates on Munish Forge IPO The Munish Forge IPO GMP is \u20b90 as of 30th September 2025. It is a book-building IPO of \u20b973.92 crores, comprising a fresh issue of 0.64 crore shares and an offer for sale of 0.13 crore shares. 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