THIS IS A PUBLIC ANNOUNCEMENT FOR INFORMATION PURPOSES ONLY AND IS NOT A PROSPECTUS ANNOUNCEMENT. THIS DOES NOT CONSTITUTE AN INVITATION OR OFFER TO ACQUIRE, PURCHASE OR SUBSCRIBE TO SECURITIES. THIS PUBLIC ANNOUNCEMENT IS NOT INTENDED FOR PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY OUTSIDE INDIA.

METALIC TECHNOFORGE LIMITED

CIN: U28999GJ2016PLC093975

Our Company was originally incorporated under the name "Metalic Technoforge Private Limited" under the provisions of the Companies Act, 2013 vide Certificate of Incorporation dated October 04, 2016, issued by the Deputy Registrar of Companies, Central Registration Centre. Subsequently the status of the Company was changed to public limited and the name of our Company was changed to "Metalic Technoforge Limited" vide Special Resolution passed by the Shareholders at the Extra Ordinary General Meeting of our Company held on July 03, 2025. The fresh certificate of incorporation consequent to conversion was issued on August 06, 2025 by Registrar of Companies, Central Processing Centre. The Corporate Identification Number of our Company is U28999GJ2016PLC093975.

1. Risk to Investors: Top 5 Risk factors:

a) We are subject to various laws and extensive government regulations and if we fail to obtain, maintain or renew our statutory and regulatory licenses, permits and approvals required in the ordinary course of our business, including environmental, health and fire safety laws and other regulations, our business financial condition, results of operations and cash flows may be adversely affected.

b) Our Promoter, Mr. Rupapara Jay Rameshbhai, was formerly associated with a partnership firm against which Goods and Services Tax proceedings are pending. Although he has retired from the partnership and has no present role in its affairs, any adverse developments in such proceedings may require his participation in regulatory proceedings and may adversely affect his reputation and, consequently, our business, financial condition, results of operations and prospects. c) A significant portion of our domestic revenue is derived from customers located in Gujarat, Maharashtra and Uttar Pradesh which accounted for 62.45%, 59.22%%, and 78.70% of our revenue from operations for the financial years ended March 31, 2026, 2025 and 2024, respectively. Any adverse developments in these regions may materially and adversely affect our business, financial condition, results of operations and cash flows.

d) We export our products to various countries and our revenue from customers outside India represented 35.40%, 37.72%, and 18.57%, of the total revenue from operations for the financial years ended March 31, 2026, 2025 and 2024, respectively. Our international operations expose us to risks relating to foreign market conditions, geographic concentration, regulatory requirements and foreign exchange fluctuations which could adversely affect our business, financial condition and results of operations.

e) We have certain outstanding litigation against us, an adverse outcome of which may adversely affect our business, reputation and results of operations.

2. Our Equity Shares have never been publicly traded and may experience price and volume fluctuations following the completion of the Issue. Further, our Equity Shares may not result in an active or liquid market, and the price of our Equity Shares may be volatile, and you may be unable to resell your Equity Shares at or above the Issue Price or at all.

3. The Merchant Banker associated with the Issue has handled following public issues in the past three years which have closed below the Issue Price on Listing date:

4. The average cost of acquisition of Equity Shares by our Promoters is as follows

*As certified by Statutory Auditor of our Company, by way of their certificate dated July 15, 2026.

5. Weighted average cost of acquisition:

*As certified by Statutory Auditor of our Company, by way of their certificate dated July 24, 2026.

6. Weighted average cost of acquisition:

*As certified by Statutory Auditor of our Company, by way of their certificate dated July 24, 2026.

This issue was made through the Book Building Process, in terms of Rule 19(2)(b) of the Securities Contracts (Regulation) Rules, 1957, as amended (the "SCRR") read with Regulation 229 of the SEBI ICDR Regulations and in compliance with Regulation 253 (1) and 253 (2) of the SEBI ICDR Regulations read with SEBI ICDR (Amendment) Regulations, 2025, wherein not more than 50.00% of the Net Issue was available for allocation on a proportionate basis to Qualified Institutional Buyers ("QIBs") (the "QIB Portion"), provided that our Company and the selling shareholders in consultation with the BRLMs allocated up to 60.00% of the QIB Portion to Anchor Investors on a discretionary basis ("Anchor Investor Portion"). With effect from December 01, 2025, pursuant to the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) (Third Amendment) Regulations, 2025, of which, up to 40% of the Anchor Investor Portion was reserved in the following manner, (i) 33.33% was available for allocation to domestic Mutual Funds and (ii) 6.67% was available for allocation to life insurance companies and pension funds, subject to valid Bids being received from domestic Mutual Funds, life insurance companies, and pension funds at or above the Anchor Investor Allocation Price. In the event of under-subscription or non-allocation in the Anchor Investor Portion, the balance Equity Shares were added to the remaining QIB Portion (other than the Anchor Investor Portion) ("Net QIB Portion")Further, 5.00% of the Net QIB Portion was available for allocation on a proportionate basis to Mutual Funds only, and the remainder of the Net QIB Portion was available for allocation on a proportionate basis to all QIB Bidders, other than Anchor Investors, including Mutual Funds, subject to valid Bids being received at or above the Issue Price. However, if the aggregate demand from Mutual Funds is less than 5.00% of the Net QIB Portion, the balance Equity Shares was available for allocation in the Mutual Fund Portion was added to the remaining Net QIB Portion for proportionate allocation to QIBs. Further, the SEBI ICDR Regulations, as amended, stated that not less than 35% of the Net issue was to be available for allocation to Individual Investors who applied for minimum application size. Not less than 15% of the Net issue was to be made available for allocation to Non-Institutional Investors of which one-third of the Non-Institutional Portion was available for allocation to Bidders with an application size of more than two lots and up to such lots as equivalent to not more than Rs. 10.00 Lakhs and two-thirds of the Non-Institutional Portion was available for allocation to Bidders with an application size of more than Rs. 10.00 Lakhs and under-subscription in either of these two sub-categories of Non-Institutional Portion to be allocated to Bidders in the other sub-category of Non-Institutional Portion. Subject to the availability of shares in non-institutional investors' category, the allotment to each Non-Institutional Investors was not less than the minimum application size in Non-Institutional Category and the remaining available Equity Shares, if any, to be allocated on a proportionate basis in accordance with the conditions specified in this regard in Schedule XIII of the SEBI (ICDR) (Amendment) Regulations, 2025. All Bidders, other than Anchor Investors, were required to participate in the issue by mandatorily utilising the Application Supported by Blocked Amount ("ASBA") process by providing details of their respective ASBA Account (as defined hereinafter) in which the corresponding Bid Amounts will be blocked by the Self-Certified Syndicate Banks ("SCSBs") or under the UPI Mechanism, as the case may be, to the extent of respective Bid Amounts. Anchor Investors were not permitted to participate in the issue through the ASBA process. For details, please refer to the chapter titled "Issue Procedure" on page 377 of the Prospectus.

The bidding for Anchor investors opened and closed on Monday, July 20, 2026. The Company received 07 Anchor Investor Application Forms from 07 Anchor Investors (including Nil Mutual Funds through Nil Mutual Fund schemes) for 24,76,800 Equity Shares. Such 07 Anchor Investors through 07 Anchor Investor Application Forms were allocated 18,40,000 Equity Shares at a price of Rs. 77/- per Equity Share under the Anchor Investor Portion, aggregating to Rs. 14,16,80,000.00/-.

The issue (excluding Anchor Investor Portion) received 6,192 applications for 3,70,22,400 Equity Shares (including market maker reservation portion and excluding anchor investor portion) as per the Application data after considering invalid bids, Other than RC10 Transaction declined by Investors, RC10 Mandate not accepted by Investors and Withdrawal / Cancelled Bids reported by SCSB and before technical rejections resulting in 7.97 times subscription. The Details of the Applications received from various categories (before technical rejection) are as under:

A summary of the final demand as per NSE as on the Bid/Issue Closing Date at different Bid Prices is as under:

The Basis of Allotment was finalized in consultation with the Designated Stock Exchange - NSE on July 24, 2026.

1. Allocation to individual investors who applies for minimum application size (After Technical Rejections): The Basis of Allotment to individual investors who applies for minimum application size, who have bid at cut-off Price or at or above the Issue Price of Rs. 77.00 per equity shares was finalized in consultation with NSE. The category was subscribed by 6.87 times i.e., 1,48,35,200 for Equity Shares. Total number of shares allotted in this category is 21,60,000 Equity Shares to 675 successful applicants. The category wise details of the Basis of Allotment are as under:

2. Allocation to Non-Institutional Investors NII 1 Category (More than 2 lots & up to Rs. 10,00,000/-) (After Technical Rejections): The Basis of Allotment to Other than Individual Investors to Non-Institutional Investors NII 1 Category, who have bid at Issue Price of Rs.77.00 per equity shares or above, was finalized in consultation with NSE. The category was subscribed by 9.49 times i.e., for 29,45,600 shares. The total number of shares allotted in this category is 3,10,400 Equity Shares to 64 successful applicants. The category wise details of the Basis of Allotment are as under:

3. Allocation to Non-Institutional Investors NII 2 Category (More than Rs. 1,000,000/-) (After Technical Rejections): The Basis of Allotment to Other than Individual Investors to Non-Institutional Investors NII 2 Category, who have bid at Issue Price of Rs.77.00 per equity shares or above, was finalized in consultation with NSE. The category was subscribed by 20.87 times i.e., for 1,28,88,000 shares. The total number of shares allotted in this category is 6,17,600 Equity Shares to 128 successful applicants. The category wise details of the Basis of Allotment are as under:

4) Allocation to QIBs excluding Anchor Investors (After Technical Rejections): The Basis of Allotment to QIBs, who have bid at Issue Price of Rs.77.00 per equity shares or above, was finalized in consultation with NSE. The category was subscribed by 4.55 times i.e., for 56,03,200 shares the total number of shares allotted in this category is 12,32,000 Equity Shares to 17 successful applicants. The category wise details of the Basis of Allotment are as under:

5) Allocation to Anchor Investors (After Technical Rejections & Withdrawal): The Company in consultation with the BRLM has allotted 18,40,000 Equity Shares to 07 Anchor Investors at Anchor Investor Issue Price of Rs.77.00 per equity shares in accordance with the SEBI ICDR Regulations. The category wise details of the Basis of Allotment are as under:

6) Allocation to Market Maker (After Technical Rejections): The Basis of Allotment to Market Maker, who have bid at Issue Price of Rs.77/- per equity shares or above, was finalized in consultation with NSE. The category was subscribed by 1.00 times i.e., for 3,28,000 shares the total number of shares allotted in this category is 3,28,000 Equity Shares. The category wise details of the Basis of Allotment are as under:

The Board of Directors of the Company at its meeting held on July 24, 2026 has approved the Basis of Allocation of Equity Shares as approved by the Designated Stock Exchange viz. NSE and has authorized the corporate action for issue of the Equity Shares to various successful applicants. The CAN-cum-allotment advices and/or notices will forward to the email id's and address of the Applicants as registered with the depositories / as filled in the application form on or before July 24, 2026. Further, the instructions to Self-Certified Syndicate Banks for unblocking the amount will process on or prior to July 24, 2026. In case the same is not received within ten days, investors may contact at the address given below. The Equity Shares allocated to successful applicants are being credited to their beneficiary accounts subject to validation of the account details with the depositories concerned. The Company is taking steps to get the Equity Shares admitted for trading on the NSE Emerge within Three working days from the date of the closure of the issue.

This Corrigendum is with reference to the Prospectus filed on July 24, 2026. The following corrections may be noted in the chapter titled "Restated Financial Statements":

• In Annexure 14 (Restated Statement of Property, Plant, Equipment and Capital Work-in-Progress and Intangible Assets), under Note III - Intangible Assets, the word "depreciation" shall be read as "amortization."

• In Annexure 22 (Restated Statement of Other Income) forming part of the Restated Financial Statements, for the FY 2025-26, the amount disclosed as "Unrealised Gain on Foreign Exchange Fluctuation" shall be read as Rs.66.20 Lakhs, and the amount disclosed as "Realised Gain on Foreign Exchange Fluctuation" shall be read as Rs.116.09 Lakhs. The aggregate amount of Other Income shall remain unchanged.

• In Annexure 31 (Restated Statement of Related Party Transactions), under Note 10, the disclosure appearing as "Interest Expense" shall be read as "Interest Income".

All capitalized terms used in this Corrigendum to the Prospectus and not specifically defined shall have the same meaning as ascribed to them in the Prospectus dated July 24, 2026.

Note: All capitalized terms used and not defined herein shall have the respective meanings assigned to them in the Prospectus dated July 24, 2026 ("Prospectus") filed with Registrar of Companies, Ahmedabad.

The details of the allotment made would also be hosted on the website of the Registrar to the issue, Bigshare Services Private Limited at www.bigshareonline.com. All future correspondence in this regard may kindly be addressed to the Registrar to the issue quoting full name of the First/ Sole applicants, serial number of the Bid cum Application Form, number of shares applied for and Bank Branch where the application had been lodged and payment details at the address of the Registrar given below:

	BIGSHARE SERVICES PRIVATE LIMITED
	Address: Office No. S6- 2, 6th Floor Pinnacle Business Park, Next to Ahura Centre, Mahakali Caves, road, Andheri (East), Mumbai-400 093.
	Telephone: 022 - 6263 8200 | E-mail: ipo@bigshareonline.com | Investors Grievance e-mail: investor@bigshareonline.com
	Website: www.bigshareonline.com | Contact Person: Mr. Aniket Seebag | SEBI Registration No.: INR000001385

THE LEVEL OF SUBSCRIPTION SHOULD NOT BE TAKEN TO BE INDICATIVE OF EITHER THE MARKET PRICE OF THE EQUITY SHARES ON LISTING OR THE BUSINESS PROSPECTS OF METALIC TECHNOFORGE LIMITED.

Metalic Technoforge Limited is proposing, subject to market conditions, public issue of its equity shares and has filed the Prospectus with the Registrar of Companies, Ahmedabad. The Prospectus is available on the website of SEBI at www.sebi.gov.in, the website of the Book Running Lead Manager at www.shcapl.com website of the NSE at https://www.nseindia.com/ and website of Issuer Company at www.metalictechnoforge.com/ Investors should note that investment in Equity Shares involves a high degree of risk. For details, investors shall refer to and rely on the Prospectus including the section titled "Risk Factors" beginning on page 25 of the Prospectus, which has been filed with ROC. The Equity Shares have not been and will not be registered under the US Securities Act (the "Securities Act") or any state securities law in United States and may not be Issued or sold within the United States or to, or for the account or benefit of, "U.S. persons" (as defined in the Regulation S under the Securities Act), except pursuant to an exemption from the registration requirements of the Securities Act of 1933.