Maiden Forgings Ltd Back 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://www.maidenforgings.in Initial public issue of upto 37,84000 equity shares of face value of Rs10.00 each ("Equity Shares") of the company for cash at a price of Rs63 per equity share (including a share premium of Rs53 per equity share) ("Issue Price") aggregating up to Rs23.84 crores ("Issue / Offer"). This issue includes a reservation of Rs1,90,000 equity shares aggregating up to Rs1.20 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 Rs26.62 and Rs25.28, 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 Rs63. 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 Rs63.00-0.00 Rs0.00-0.00 Minimum Application for shares in Nos :2000  Further Multiples of :2000   Rs Cr 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 Rs63.00

Projects

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

Promoted By Nishant Garg Nivedita Garg

Listing At BSE - SME

Registrar to the Issue Maashitla Securities Pvt Ltd