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About Munish Forge Ltd
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Munish Forge Limited was initially established by the Promoter, Mr. Davinder Bhasin, under the name of "Gaisu Forge Private Limited with the main object in manufacturing forged components like cycle parts, electrical insulator parts and metalwork on July 25, 1986 with the Registrar of Companies, Punjab, Himachal Pradesh & Chandigarh. The Company changed the name from Gaisu Forge Private Limited to Munish Forge Limited, transitioning from a private to a public entity, marking a significant milestone in growth by the addition of new products like Flange, further expanding its business operations on May 3, 1995. The Company restructured again and changed its status from a Limited Company to a Private Limited Company as Munish Forge Private Limited in 2002. Subsequently, Company was again converted from a Private Limited to Public Limited and the name of the Company was changed from "Munish Forge Private Limited" to "Munish Forge Limited" and a Fresh Certificate of Incorporation was issued on December 17, 2024. At present, Company is engaged in manufacture of forging and casting components like Flanges, Scaffolding, Auto parts, tank tracks chains, bomb shells, fence post to Indian Army and various industries such as Defence, Oil and Gas, Tractor, Automobile, Construction and Infrastructure. As a key supplier to the Indian Army, it produces battle tank track chains and bomb shells. The Company has established itself as a trusted supplier in the Defence sector. Starting with a single machine shop, it has grown into a powerhouse, manufacturing critical components for the Indian Army, such as Battle Tank Track Chains and Bomb Shells. Starting from April 1, 2024, Munish achieved a significant milestone by initiating operations in its new casting division at Dev Arjuna Cast and Forge Private Limited (DACF) now known as Munish Forge Casting Division. This strategic expansion involved acquiring all plant and machinery from DACF and leasing its land to establish a casting facility. This move enabled Munish to venture into the production of intricate components, such as specialized track chains or JCB parts that are challenging to forge. With ongoing projects and approvals from Defence authorities, Company contribute to India`s Defense capabilities while serving clients across developed markets like the USA, UK, Canada, and Europe. Company is planning to launch an IPO by issuing 77,00,800 equity shares of Rs 10 each comprising a fresh issue of 63,56,800 equity shares and 13,44,000 equity shares through offer for sale.
Munish Forge share price as on 05 Dec 2025 is Rs. 109.95. Over the past 6 months, the Munish Forge share price has increased by 0% and in the last one year, it has decreased by 0.27%. The 52-week low for Munish Forge share price was Rs. 100.5 and 52-week high was Rs. 143.
95401
MUNISH
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Munish Forge Ltd FAQs
You can buy Munish Forge Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Munish Forge Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Dec 05, 2025 11:24 AM the closing price of Munish Forge Ltd was Rs.109.95.
The latest PE ratio of Munish Forge Ltd as of Dec 05, 2025 11:24 AM is 18.43
The latest PB ratio of Munish Forge Ltd as of Dec 05, 2025 11:24 AM is 2.05
The 52-week high of Munish Forge Ltd share price is Rs. 143.00 while the 52-week low is Rs. 100.50
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Dec 05, 2025 11:24 AM, the market cap of Munish Forge Ltd stood at Rs. 264.65 Cr.
Market Outlook
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