MAIDEN FORGINGS LIMITED IPO
MAIDEN FORGINGS LIMITED was a SME IPO, offered at ₹60–₹63 per share. The issue was subscribed 1.2× overall (QIBs 1×, NIIs 1.42×, retail 1.12×). It listed on 6 Apr 2023 and closed its first day at ₹63, a listing gain of +0.0% versus the ₹63 issue price. It now trades around ₹92 (+46.0% versus the issue price).
Frequently asked questions
- How many times was the MAIDEN FORGINGS LIMITED IPO subscribed?
- The MAIDEN FORGINGS LIMITED IPO was subscribed 1.2× overall — 1× in the QIB category, 1.42× among non-institutional investors, 1.12× in retail.
- What were the MAIDEN FORGINGS LIMITED IPO listing gains?
- MAIDEN FORGINGS LIMITED listed on 6 Apr 2023, closing its first day at ₹63 — a listing gain of +0.0% versus the ₹63 issue price.
- What were the retail allotment odds for the MAIDEN FORGINGS LIMITED IPO?
- Retail was subscribed 1.12×, so a single-lot application had roughly a 89.3% chance of allotment — most applicants were allotted, and allotment was finalised on 31 Mar 2023.
- What was the price band and lot size of the MAIDEN FORGINGS LIMITED IPO?
- The price band was ₹60–₹63 per share.