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Maiden Forgings IPO is a book build IPO listing on BSE SME exchange. The company is based in New Delhi and caters to Steel sector. Share India Capital Services Private is the merchant banker of Maiden Forgings IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 13th February 2023.
Maiden Forgings IPO posted revenues of Rs 218.41 crores and PAT of Rs 10.69 crores in FY23 on annualised basis.Financial results of Maiden Forgings IPO based on restated financials as per prospectus and IPO review parameters can be referred to below.
Maiden Forgings IPO PAT Margin is 4.90%, ROCE (Return on Capital Employed) is 12.42% as per latest financial. The below table shows Maiden Forgings IPO Key Performance Indicators (KPI) as mentioned in company’s prospectus.
The market Capitalisation of Maiden Forgings IPO is Rs 89.54 crores at the time of IPO and other IPO valuation metrics of this IPO is mentioned below.
The Maiden Forgings IPO prospectus highlights an Return on Equity (ROE) of 15%, Return on Assets (ROA) of 12%, and an EBITDA Margin of 18%, showcasing financial performance.
Profitability ratios like Return on Equity (ROE), Return on Assets (ROA), and Net Profit Margin shows Maiden Forgings IPO financial report. Analysing these metrics can provide insights into the company’s efficiency, profitability, and long-term growth potential.
The post-IPO market capitalisation of Maiden Forgings IPO is ₹89.54 Cr, based on the issue price and share structure. It helps investors gauge the company’s valuation and compare it with industry peers before investing.
The Maiden Forgings IPO has a Price-to-Earnings (PE) ratio of 8.38 X, indicating valuation compared to industry peers. It helps investors determine if the stock is overvalued or undervalued compared to its earnings and industry peers.
Maiden Forgings IPO reported revenue of ₹218.41 Cr in the latest fiscal year, showing business performance, on annualised basis. Revenue figures from Maiden Forgings IPO provide insights into sales growth, market demand, and business scalability.
Maiden Forgings recorded an EBITDA of ₹ 23.48 Cr., reflecting operational efficiency. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) measures operational profitability.
Maiden Forgings Profit After Tax (PAT) is ₹10.68 Cr, reflecting earnings growth. Profit After Tax (PAT) reflects the company’s actual earnings after all expenses, taxes, and deductions
Revenue:
₹ 218.01 Cr.
EBITDA Margin:
10.77
%
Net Worth: ₹ 39.13 Cr.
Market Capitalisation:
₹ 89.54 Cr.
P/E:
8.38 times
P/BV: 1.42 times
EV/EBITDA: 6.45 times
Maiden Forgings operates in Steel and Manufacturing And Sales Of Ferrous Metal Products. The Issue is listed on BSE SME in Apr, 2023. Maiden Forgings IPO size was 23.84 with Issue price of 63.00 .
Merchant Banker(s) of Maiden Forgings IPO: Share India Capital Services Private Limited
Maiden Forgings IPO subscription was 1.20 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Maiden Forgings IPO listed at a listing price of 63.00 against the offer price of 63.00.
The current market price of Maiden Forgings is 72.25.
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