
Manufacturing · BSE
Incorporated in 2005, Maiden Forgings Limited manufactures and sells ferrous metal products, including steel bright bars, wires, profiles, collated pneumatic nails, and ground bars. With three manufacturing plants in Ghaziabad, Uttar Pradesh, the company has a total capacity of 50,000 tons per annum and serves over 450 B2B customers globally, including major OEMs like Prestige TTK, Everest, and UM Auto. Maiden Forgings has received multiple awards, including “Fastest Growth in Business” (2018), “Heroes Next Door” (2019), and “Most Versatile Company for Steel Bright Bar in India.” The IPO proceeds will be used for manufacturing expansion, working capital, general corporate purposes, and issue expenses.
Price Band
₹63
Issue Size
₹23.84 Cr
Lot Size
2000 shares
GMP
Est. Listing
₹63
at current GMP
Subscribed
100.00x
overall
Open
23 Mar 2023
Close
27 Mar 2023
Allotment
28 Mar 2023
Refund
29 Mar 2023
Demat Credit
30 Mar 2023
Listing
6 Apr 2023