Maiden Forgings IPO Subscription Details

Bookbuilding IPO | ₹24 Cr | Listed at BSE SME | Thu, Mar 23, 2023 - Mon, Mar 27, 2023

Basis of Allotment - Maiden Forgings IPO

Category QIB NII Retail Total
Allocation (No. of shares)3,60,0009,70,00022,64,00035,94,000
Allotment price (Rs.)63636363
No.of applications1521,2001,253
No.of shares applied3,48,00013,16,00024,00,00040,64,000
Amount collected (Rs.cr.)2.19 8.29 15.12 25.60
No.of times subscribed0.971.361.061.13
No.of shares allotted3,48,0009,82,00022,64,00035,94,000
Amount (Rs.cr.)2.19 6.19 14.26 22.64
No.of allottees1521,1321,185

IPO Shares Offered

Maiden Forgings IPO is a public issue of 0.36 Cr equity shares. The issue offers 0.23 Cr shares to retail investors, 0.04 Cr shares to qualified institutional buyers, and 0.10 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
Market Maker1,90,0001.20 5.02%
QIB 3,60,0002.27 9.51%
NII 9,70,0006.11 25.63%
Retail22,64,00014.26 59.83%
Total37,84,00023.84 100%

IPO Subscription FAQs

The Maiden Forgings IPO is subscribed 1.2 times by Mar 27, 2023 19:02.

Maiden Forgings IPO Subscription

Investor Category Subscription (times)
Qualified Institutional1
Non Institutional1.42
Retail Individual1.12
Total Subscription1.2

Retail category of Maiden Forgings IPO subscribed 1.12 times as of date Mar 27, 2023 19:02. The public issue closes on Mon, Mar 27, 2023 for bidding.

An investor can apply in Maiden Forgings IPO online via bank (using ASBA) or the broker (using UPI). The Maiden Forgings IPO shares are offered online only.

The Maiden Forgings IPO is subscribed 1.2 times by Mar 27, 2023 19:02.

The Maiden Forgings IPO allotment status is expected on or around Friday, March 31, 2023. Visit Maiden Forgings IPO allotment status to check.

The Maiden Forgings IPO listing date is April 6, 2023. The equity share of Maiden Forgings IPO will list on BSE SME.

Visit Maiden Forgings IPO subscription status page for real-time bidding information about Maiden Forgings IPO.

Maiden Forgings IPO Timetable

IPO opens OnThursday, March 23, 2023
IPO Closes OnMonday, March 27, 2023
Finalisation of Basis of AllotmentFriday, March 31, 2023
Initiation of RefundsMonday, April 3, 2023
Credit of Shares to Demat AccountWednesday, April 5, 2023
IPO Listing DateThursday, April 6, 2023
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