Book Building - SME
₹ 23.84 cr
₹ 63
2000
₹ 1,26,000.00
BSE - SME
23-Mar-2023
27-Mar-2023
06-Apr-2023
The Shares of Maiden Forgings Ltd have now been listed.
Initial public issue of upto 37,84000 equity shares of face value of Rs. 10.00 each (Equity Shares) of the company for cash at a price of Rs. 63 per equity share (including a share premium of Rs. 53 per equity share) (Issue Price) aggregating up to Rs. 23.84 crores (Issue / Offer). This issue includes a reservation of Rs. 1,90,000 equity shares aggregating up to Rs. 1.20 crores for subscription by market maker (Market Maker Reservation Portion). The issue less the market maker reservation portion is hereinafter referred to as the Net Issue. The issue and the net issue shall constitute Rs. 26.62 and Rs. 25.28, respectively, of the post-issue paid-up equity share capital of the company, respectively. The face value of the equity share is 10 and the issue price is Rs. 63. The issue price is 6.3 times of the face value of the equity shares.Bids can be made for a minimum of 2000 equity shares and in multiples of 2000 equity shares thereafter.
Consolidation and expansion of the manufacturing facilities. Working capital. General corporate purposes.
Maiden Forgings Ltd, 451 Krishna Apra Bus, Netaji Subhash Place, Pitampura, New Delhi-110034
Phone - 011-45121795
Fax - 01145121795
Email - cs@maidenforgings.in
Website - https://maidenforgings.in