:::LALKAR GROUP::::

Maiden Forgings Ltd

Registered Office: B-5 Arihant Tower East Delhi,Block-D Market Vivek Vihar, Delhi - 110092, New Delhi, India.
Phone : 91-11-44796732 Fax:
Email : cs@maidenforgings.in
Website : https://maidenforgings.in

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.

Issue		Money Payable On
Opens On	Closes On	Application	Allotment
23-Mar-23	27-Mar-23	63.00-0.00	0.00-0.00

Minimum Application for shares in Nos : 2000 Further Multiples of : 2000

	(Rs)	Lead Managers to the Issue
Project Cost	0.00	Share India Capital Services Pvt Ltd
Project Financed through Current Offer	23.84
Post Issue Equity Share Capital	14.21
Issue Price	63.00

Projects

Consolidation and expansion of the manufacturing facilities	Working capital
General corporate purposes

Promoted By

Nishant Garg

Nivedita Garg

Listing At

BSE - SME

Registrar to the Issue

No Data Available