Hilton Metal Forging Rights Issue 2022, Price, Ratio & Allotment Details

Hilton Metal Forging Rights issue 2022

Hilton Metal Forging Rights issue 2022 will be open date 03 November 2022 and closes on 11 November 2022. The company has set a record date of the rights issue on 20 October 2022. The company will offer 60,00,000 Shares through this rights issue and through this issue and the company will collect ₹33.00 Crores. and the company Hilton Metal Forging Rights Issue Price of this issue has been announced at ₹55 per share as per the face value of ₹10.

Hilton Metal Forging Ltd. (“The Company”) is one of the technology leaders in the forging industry. The company is mainly engaged in manufacturing of stainless-steel forging flanges allied pipe fitting items and Valve Body bonnet for Oil and Gas Sector. The products include stainless steel forged flanges forged fittings and lap-joint stub-ends (seamless). The company provides services in the areas such as oil and gas sectors petro chemical and refineries marine and ship building paper and pulp and agricultural sectors

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The company started manufacturing the forged valve bodies and valve components for Oil and Gas Petro Chemical Refineries. They installed a complete Heat Treatment Plant Die shop and in-house laboratory facilities to inspect the chemical physical and all kinds of testing. In the year 2007 as a part of the expansion program 3 ton Drop Forging Hammer CNC Machines HMC Machines cutting machines were installed and became operative.

The forging press Pneumatic Hammer VMC and HMC machines were made operative during the year and the production capacity of the company was increased to 16000 MT per year.

Object of the Issue :

  • Working Capital Requirements
  • General Corporate Purposes.

Company Strengths :

  • Unique Heavy Weight Closed Die Forging Facility
  • Established Products in the Market
  • Close to Harbour hereby reducing the inland logistic Expenses
  • Worldwide Certificate & Approvals from refineries and APIs

Hilton Metal Forging Rights issue Review :

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Hilton Metal Forging Rights issue 2022 Date & Price Details :

Issue Open :03 November 2022
Issue Close :11 November 2022
Record Date :20 October 2022
Issue Size :₹33.00 Cr
Face Value :₹10 Rs. Equity Share
Price Band :₹55 Per Share
Listing On :BSE, NSE
Issue Shares Offer :60,00,000
Ratio :2:5
Hilton Metal Forging Rights issue 2022

Hilton Metal Forging Rights issue 2022 Date :

Bid Open Date :03 November 2022
Bid Close Date :11 November 2022
Record Date :20 October 2022
Allotment Date :21 November 2022
Share Credit Date :25 November 2022
Listing Date :30 November 2022

Hilton Metal Forging Financial Report (Cr):

YearRevenueExpenseP&L
2022₹84.14₹78.63₹1.76
2021₹47.52₹64.74₹-19.57
2020₹102.99₹95.50₹1.55
Hilton Metal Forging Rights issue 2022

How to apply Hilton Metal Forging Rights Issue :

  • Visit the registrar’s website
  • Go to the ‘Rights Issue’ section
  • Select Hilton Metal Forging Rights Issue from the dropdown.
  • Enter Demat Account Number.
  • Fill the online application form.
  • Validate and submit the application.

Quick link :

■ Letter Of Offer
■ Application Form

Hilton Metal Forging Rights Issue Lead Manager :

Kunverji Finstock Private Limited
Address: B-Wing, Siddhivinayak Towers,
Nr DAV School, Next to Kataria
House, Off SG Highway, Makarba,
Ahmedabad – 380051
Tel No.: +91 79 6666 9000
F: +91 79 2970 2196
Email ID/Investor Grievance Email: [email protected]
Website: www.kunvarji.com

Hilton Metal Forging Rights Issue Registrar :

Bigshare Services Private Limited
Address: Office No S6-2,
6th floor Pinnacle Business Park, Next to Ahura
Centre, Mahakali Caves Road,
Andheri (East) Mumbai – 400093.
Tel No.: 022-62638200/22
Email: [email protected]
Investor grievance e-mail: [email protected]
Website: www.bigshareonline.com

Company Address :

Hilton Matal Forging Limited
Unit B 510 Western Edge
II Village Nr. W.E. Highway,
Magathane, Borivali East,
Mumbai, Maharashtra – 400066
Tel: 022- 4042 6565
Email: [email protected]
Website: www.hiltonmetal.com

Hilton Metal Forging Rights Issue 2022 FAQs :

What is Hilton Metal Forging Rights Issue Open Date?
Hilton Metal Forging Rights Issue 2022 Open date is 03 November 2022.

What is Hilton Metal Forging Rights Issue Close Date?
Hilton Metal Forging Rights Issue 2022 Close date is 11 November 2022.

When is Hilton Metal Forging Rights Issue 2022 Record Date?
Hilton Metal Forging Rights Issue 2022 record date is 20 October 2022.

What is Hilton Metal Forging Rights Issue Price?
The company has fixed the price at ₹55 per share.

What is Hilton Metal Forging Rights Issue 2022 Size?
The company Hilton Metal Forging Rights Issue Size is ₹33.00 Cr.

What is Hilton Metal Forging Rights Issue Ratio?
The company has fixed the ratio Of 2:5.

How to apply for Hilton Metal Forging Rights Issue 2022?
You can apply for the Hilton Metal Forging Rights Issue in two ways:

1 – Net Banking (ASBA) 2 – Registrar’s Website


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Hilton Metal Forging Rights Issue 2022, Price, Ratio & Allotment Details

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