Hilton Metal Forging Ltd IPO opens for subscription on April 18, 2007

The Initial Public Offering (IPO) of Hilton Metal Forging Ltd is opening for subscription on Wednesday - April 18, 2007. The company is coming out with an IPO of 54,50,000 equity shares of Rs.10 each at a price of Rs.70 per equity share inclusive of premium aggregating Rs.3815 Lakhs including 5000 equity shares of Rs.10 each being offerred to Centrum Capital Ltd on a firm basis at Rs.70 per equity shares inclusive of premium.

The Net issue to the public is 54,45,000 equity shares aggregating Rs.3811.50 Lakhs. The Face Value of the equity share is Rs.10 and the net issue to the public would constitute 43.80% of the fully diluted post issue paid-up capital of the company.

The equity shares of the company are proposed to be listed in BSE and NSE.

Centrum Capital Ltd and SREI Capital Markets Ltd are the Lead Managers to the issue.

Sharex Dynamic (India) Private Limited is the Registrar to the issue.

Click Here to view the company's website Hilton Metal Forging Ltd

Click Here to view the Company's IPO prospectus Hilton Metal Forging Ltd

Source : Equity Bulls

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