23  Total SME IPOs listed in 2025

1013.34 Crs.  Total funds raised in 2025

18  SME IPOs listed with Gain in 2025

5  SME IPOs listed with loss in 2025

23  Total SME IPOs listed in 2025

1013.34 Crs.  Total funds raised in 2025

18  SME IPOs listed with Gain in 2025

5  SME IPOs listed with loss in 2025

23  Total SME IPOs listed in 2025

1013.34 Crs.  Total funds raised in 2025

18  SME IPOs listed with Gain in 2025

5  SME IPOs listed with loss in 2025

23  Total SME IPOs listed in 2025

1013.34 Crs.  Total funds raised in 2025

18  SME IPOs listed with Gain in 2025

5  SME IPOs listed with loss in 2025

Maiden Forgings Limited IPO (Maiden Forgings IPO) Details

Maiden Forgings Limited is an Steel based company, located in New Delhi, Maiden Forgings Limited IPO size was 23.84 Cr. and was issued at 63.00 per share. The share of Maiden Forgings Limited were listed at 63.00 per share and are currently trading at 61.15 per share.

Type :
Sub Sector :
SME IPO
BSE SME

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
218.41 Cr.

PAT :
10.69 Cr.

Pricing Report

Issue Price :
63.00

Listing Price :
63.00

Current Market Price :
61.15

Issue Price vs CMP :
1.85 (2.94%)

listing Price vs CMP :
1.85 (2.94%)

Performance Report (CAGR* wise)

CAGR : -1.61
-ve 0 6 9 12+
Below Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Maiden Forgings

Company Information
Maiden Forgings was incorporated on February 11, 2005 as a private limited company under the provisions of Companies Act, 1956 with Registrar of Companies, Delhi in the name and style of Maiden Forgings Private Limited. In 2022, the Company
Object of Issue
  • Consolidation and expansion of the manufacturing facilities
  • Working Capital and General Corporate Purpose
  • Issue Expenses

Maiden Forgings SME IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Apr, 2023
IPO Size :
23.84 Cr.
Market Cap :
89.54 Cr.   
IPO Subscription :
1.20 X     
PE Multiple :
8.38
IPO Registrar:
Maashitla Securities Private Limited
Anchor Investors:

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FAQs

Maiden Forgings operates in Steel and . The Issue is listed on BSE SME in Apr, 2023. Maiden Forgings IPO size was 23.84 Cr. with Issue price of 63.00 .

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 61.15.

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