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Right Issue Status: Closed [3rd Nov 2022 to 11th Nov 2022]
Hilton Metal Forging Ltd Right issue will be open for subscription from 03 Nov to 11 Nov 2022. The company will issue 2 right equity shares for every 5 fully paid-up equity shares held on the record date, 10 Oct 2022. The face value per share is Rs 10 and the right issue price is fixed at Rs 55 per share. Stay updated with us to know more about Hilton Metal Forging Ltd Right issue details 2022 including issue size, right issue entitlement, terms of payment, and more.
The company proposes to utilize the Net Proceeds towards the following objects:
| Hilton Metal Forging Issue Details | Values |
|---|---|
| Category | RightIssue |
| Right Issue Issue Size (Shares) | 60,00,000 |
| Right Issue Issue Size (Amount) | ₹33 Cr |
| Face Value | ₹10 Per Equity Share |
| Right Issue - Issue Price | ₹55 per share |
| Right Issue Record Date | 20th Oct 2022 |
| Right Issue Entitlement | 2 Equity Shares for every 5 Equity Shares held on the Record Date |
| Right Issue Terms of payment | The full amount of Rs 55 per Rights Equity Share is payable on Application. |
| Listing At | BSE, NSE |
| BSE Code | 532847 |
| NSE Code | HILTON |
In this section we have covered all important dates related to Hilton Metal Forging Right Issue. Dates are updated as they are announced. The most noted dates are Right Issue start date and Right Issue end date, which one should use to participate in Right Issue.
| Right Issue Activity | Date |
|---|---|
| Right Issue Issue Open Date | 3rd Nov 2022 |
| Right Issue Issue Close Date | 11th Nov 2022 |
| Basis of Allotment Finalisation Date* | 21st Nov 2022 |
| Refunds Initiation* | 22nd Nov 2022 |
| Credit of Shares to Demat Account* | 25th Nov 2022 |
| Right Issue Listing Date* | 30th Nov 2022 |
* - Tentative Dates
Zerodha Trade@20
Hilton Metal Forging Ltd is a leading manufacturer & distributor of steel forged flanges, fittings & oilfield, and marine products for both the domestic & international markets as per ASTM/ ASME/MSS/API/AWWA/DIN/EN/ AUSTRALIAN/RUSSIAN AND NACE Standards. The company procures the best steel and uses state-of-the-art machinery resulting in better-quality forged flanges and fittings. Exhaustive quality checks are done at every stage right from conception, design, and manufacturing ensuring high accuracy in terms of composition, mechanical properties, dimensions, and delivery. It also provides special custom forgings as per customers’ drawings and specifications.
Hilton Metal Forging Limited's factory is located in Maharashtra. It has complete in-house quality control and Laboratory facilities.
Past performance and financial results of Hilton Metal Forging.
| Hilton Metal Forging Limited Financials (₹ in Cr) | 31-Mar-2022 | 31-Mar-2021 |
|---|---|---|
| Total Assets | ₹114.02 | ₹112.99 |
| Total Income | ₹84.19 | ₹47.7 |
| Net Profit/Loss | ₹1.76 | ₹-19.57 |
The table below is live update of Right Issue bidding details from NSE and BSE.
Hilton Metal Forging Right Issue Offer Document (Letter of Offer) >>Document
Hilton Metal Forging Right Issue Offer Document (Letter of Offer) >>Hilton Metal Forging Right Issue Red Herring Prospectus is not yet available.
Hilton Metal Forging Right Issue Online Application (Registrar & Transfer Agent) >>Online Application
Hilton Metal Forging Right Issue Online Application (Registrar & Transfer Agent) >>Hilton Metal Forging Right Issue RTA information is not yet available.
Last Updated on 2022-11-03T10:14:33+00:00
