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Maiden Forgings Ltd IPO Details

by Libord Group One-stop Financial Services

Maiden Forgings Ltd IPO Details:

Maiden Forgings Ltd. has announced public offering of 3784000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 53.00 per share. The gross proceeds of the issue are expected to be Rs 2,383.92 lakhs.

The company's initial public offer (IPO) will open on 23 March 2023 and is expected to close on 27 March 2023, subject to customary closing conditions. The price band of the issue has been fixed at Rs 60.00-63.00 per share.

The IPO includes a fresh Issue of 3784000 Equity Shares of the Company at an price of Rs 63.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 2000 shares with bids in multiples of 2000.

Maiden Forgings Ltd. anticipates using the proceeds of the issue for .

Share India Capital Services Pvt. Ltd. as lead manager & Maashitla Securities Pvt. Ltd. is the registrar, to the issue.

If the Maiden Forgings Ltd is something that you’re looking to invest in come 23 March 2023, it would be a good idea to start the demat account opening process right away.

Apply online IPO or Contact Libord Broking now to open demat account online within minutes, and install the LibordEasy app from google play store.

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Created on Mar 22nd 2023 04:12. Viewed 71 times.

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