Forge Auto International Ltd.
NNSE:FORGEAUTO101.00
INR
+4.70
(+4.88%)
Forge Auto International Ltd.
NSE:FORGEAUTO
(National Stock Exchange of India)
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101.00
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- Business
- Forge Auto International Limited is an India-based engineering company engaged in the design, development, and manufacture of customized closed-die hot forgings and precision-machined metal components for the automotive and industrial sectors. The company's product portfolio comprises automotive components, including big and small ball studs, gear blanks, stub axle assemblies, flange yokes, king pins, tie rods, spindle shafts, bevel gears, control arms, and wheel assemblies for two-wheelers, three-wheelers, passenger cars, light commercial vehicles, and heavy commercial vehicles; agricultural and industrial components, including harvester fingers, combine parts, implement linkages, railway track fittings and couplers, and valve bodies and fittings for oil and gas infrastructure; and hand and striking tools, including industrial hammers, chisels, and hardware implements. In addition, the company provides end-to-end manufacturing and metallurgical services, including tooling and die development, drop hammer forging, electric screw press forging, ring rolling, precision CNC and vertical machining center (VMC) machining, heat treatment, shot blasting, and quality inspection featuring coordinate measuring machine (CMM) analysis and magnetic particle inspection (MPI). Forge Auto International operates as a Tier-1 and Tier-2 supplier to original equipment manufacturers (OEMs) across the automotive, agriculture, railway, and capital goods industries, distributing products domestically in India and exporting to international markets, including Germany, Poland, Denmark, Turkey, and Brazil. Originally founded in 2001 as a partnership firm named M/s Auto International, the business converted to a private limited entity in April 2023 and subsequently restructured into a public limited company under its current name in December 2023. In October 2024, Forge Auto International completed its initial public offering (IPO) and listed its equity shares on the National Stock Exchange (NSE) Emerge platform, utilizing the proceeds to fund working capital requirements, debt reduction, and operational capacity enhancements at its manufacturing facilities located in Ludhiana, Punjab, India.