Maiden Forgings IPO subscription status started on Thursday March 23, 2023 and will close on March 27, 2023. Maiden Forgings IPO to raise around ₹23.84 crores via IPO. The retail quota is 35%, QIB is 50%, and NII is 15%. The price band is fixed at ₹60 to ₹63 per equity share.
The Maiden Forgings IPO minimum market lot is 2000 shares with ₹126,000 application amount. The IPO to list on BSE.
Maiden Forgings Limited (MFL) is an ISO & PED certified Company and manufacturer of ferrous metal products. They specialize in all types of Bright steel bars, stainless steel bright bars & all grades of steel wires. The company has 30 years of vast experience in making its products.
We recommend investors may apply an IPO with Longterm views Investors should also look at the QIB, NII, and Retail numbers before investing.
Maiden Forgings IPO Subscription Status – Closed
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Maiden Forgings IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Maiden Forgings IPO Review
- May Apply
Maiden Forgings IPO Date & Price Band
|IPO Open:||March 23, 2023|
|IPO Close:||March 27, 2023|
|IPO Size:||Approx ₹23.84 Crores, 3,784,000 Equity Shares|
|Face Value:||₹10 Per Equity Share|
|IPO Price Band:||₹60 to ₹63 Per Equity Share|
|IPO Listing on:||BSE SME|
|Retail Quota:||35% of the net offer|
|QIB Quota:||50% of the net offer|
|NII Quota:||15% of the net offer|
|DRHP Draft Prospectus:||Click Here|
|RHP Draft Prospectus:||Click Here|
|Anchor Investors in IPO:||Click Here|
Maiden Forgings IPO Market Lot
Maiden Forgings IPO Subscription Dates
|IPO Open Date:||March 23, 2023|
|IPO Close Date:||March 27, 2023|
|Basis of Allotment:||March 31, 2023|
|Refunds:||April 3, 2023|
|Credit to Demat Account:||April 5, 2023|
|IPO Listing Date:||April 6, 2023|
Maiden Forgings IPO Form
How to apply for the Maiden Forgings IPO? You can apply for Maiden Forgings IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Maiden Forgings IPO in the Invest section. The other option is you can apply for Maiden Forgings IPO via IPO forms downloaded via BSE. Check out the Maiden Forgings forms – Click BSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.