IPO Trending
MAIDENSME / BSEListed

Maiden Forgings Limited

Incorporated in 2005, Maiden Forgings Limited manufactures and sells ferrous metal products, including steel bright bars, wires, profiles, collated pneumatic nails, and ground bars. With three manufacturing plants in Ghaziabad, Uttar Pradesh, the company has a total capacity of 50,000 tons per annum and serves over 450 B2B customers globally, including major OEMs like Prestige TTK, Everest, and UM Auto. Maiden Forgings has received multiple awards, including “Fastest Growth in Business” (2018), “Heroes Next Door” (2019), and “Most Versatile Company for Steel Bright Bar in India.” The IPO proceeds will be used for manufacturing expansion, working capital, general corporate purposes, and issue expenses.

₹63 - ₹63100x sub
Listed Price63.00
Listing Gain+0.00%
FinancialsBalance sheet and operational figures in Crores
Metric Breakdown

Revenue

Latest (Mar 2020)20440.37 Cr
Growth+24.8%
Revenue Trend (₹ in Crores)
0.08.1k16.2k24.2kDec 2022Mar 2022Mar 2021Mar 2020
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar 202020,440.37165.959,890.055,788.13
Mar 202119,937.49168.9410,484.255,428.93
Mar 202221,083.72213.9411,014.236,170.75
Dec 202216,381.04801.5112,595.696,525.17