
✓
Open
18 Apr 2007
✓
Close
24 Apr 2007
3
Allotment
—
✓
Listing
Thu, May 24, 2007
Price Band
₹70 per share
Issue Size
54,50,016 shares (agg. up to ₹38 Cr)
Lot Size
175 Shares
Listing Date
Thu, May 24, 2007
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.09x |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Land | 0.20 |
| 2 | Site Development of Plot No. 1, 2, 3 & 15 | 0.05 |
| 3 | Construction of Factory Building | 1.53 |
| 4 | Plant & Machineries | 35.57 |
| 5 | Balancing Equipements | 0.66 |
| 6 | Office Equipements | 0.10 |
| 7 | Furniture & Fixtures | 0.60 |
| 8 | Contingences | 1.89 |
| 9 | Preliminary & pre-operative expenses | 3.00 |
| 10 | Margin For Working Capital | 4.55 |
About Hilton Metal Forging IPO
Incorporated in Sept 1997, Hilton Metal Forging Limited (HMFL) is a Mumbai based manufacturer and exporter of forged components. The Company specializes in the manufacture of forged items for the oil and gas sector, petrochemical, pharmaceutical, automobile industries and also planning to manufacture for other equipment manufacturers (OEMs). It manufactures pipe fittings, (flanges, stub ends (seamless), screwed fittings, valves and fittings and various other components as per the customer’s requirement in all types of alloys for automotive, oil and gas industries.HMFL has a total installed capacity of 11,100 MT per annum and can execute orders for a wide range of forged items weighing from 0.5 kg (1.10 lbs) to 750 kg (1650 lbs). for the oil and gas sector, petrochemical, pharmaceutical, automobile industries and is entering into the field of other Original Equipment Manufacturers (OEMs).+ Read More
Contact Details
Hilton Metal Forging Ltd. Address60, Whispering Palm CentreLokhandwala TownshipKandivali (East)Mumbai, Maharashtra, 400101+91-22-28863359ipo@hmfl.co.inVisit Website