Company Maiden Forgings Limited

543874

INE0O1T01010

Iron & Steel

Business Summary

Sales per Business

Sales per region

Managers

Members of the board

Share class

Shareholders

Company contact information

Sector

Sector Iron, Steel Mills & Foundries

Delayed Bombay S.E. Other stock markets 01:35:44 04/07/2024 pm IST			5-day change	1st Jan Change
91 ^INR	+0.34%		-0.19%	-18.42%

11/04	7,515,450 Equity Shares of Maiden Forgings Limited are subject to a Lock-Up Agreement Ending on 11-APR-2024.	CI
2023	Maiden Forgings Limited has completed an IPO in the amount of INR 238.392 million.	CI

Maiden Forgings Limited is an India-based company. The company is engaged in the manufacturing and sales of ferrous metal products including steel bright bars, wires, profiles, ground bars and nails (collated and loose). It specializes in the design and manufacture of different types of ferrous metal products, including carbon steel, stainless steel, and alloy steel, mainly in the form of drawn products like bright bars, wires, profiles, and ground bars. The product range manufactured by the Company includes carbon steel bright bars, stainless steel bright bars, alloy steel bright bars, carbon steel wires, stainless steel wires, alloy steel wires, profiles and ground bars in different sizes and shapes, and collated pneumatic nails. Its products are used across industries like automobiles, engineering, infrastructure, hardware, and utensils, among others. The Company has three manufacturing plants, all located in Ghaziabad, Uttar Pradesh.

Number of employees: 119

INR in Million	2022	Weight	2023	Weight	Delta
Ferrous Metal 100.0 %	2,105	100.0 %	2,208	100.0 %	+4.90%

INR in Million	2022	Weight	2023	Weight	Delta
India 100.0 %	2,105	100.0 %	2,208	100.0 %	+4.90%

Managers	Title	Age	Since
Nishant Garg CEO	Chief Executive Officer	34	28/22/28
Prachla Garg DFI	Director of Finance/CFO	-	28/22/28
Monika Negi CMP	Compliance Officer	-	28/22/28

Members of the board	Title	Age	Since
Nishant Garg CEO	Chief Executive Officer	34	28/22/28
Nivedita Garg CHM	Chairman	59	28/22/28
Urvi Agarwal BRD	Director/Board Member	37	06/23/06
Raj Kumar Mittal BRD	Director/Board Member	68	06/23/06
Abhilash Rastogi BRD	Director/Board Member	33	06/23/06

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	14,212,000	3,568,000 ( 25.11 %)	0	25.11 %

Name	Equities	%	Valuation
Nivedita Garg 44.02 %	6,256,800	44.02 %	7 M ₹
Nishant Garg 29.35 %	4,170,600	29.35 %	5 M ₹

Maiden Forgings Ltd.

E-201, Kavi Nagar Industrial Area

201002, Ghaziabad

+91 12 0422 1283

http://maidenforgings.in

Basic Materials

Mineral Resources

Metals & Mining

Iron & Steel

Iron, Steel Mills & Foundries

	1st Jan change	Capi.
MAIDEN FORGINGS LIMITED	-18.42%	1.54Cr
JSW STEEL LIMITED	+7.58%	2.77TCr
BAOSHAN IRON & STEEL CO., LTD.	+17.71%	2.08TCr
JINDAL STEEL & POWER LIMITED	+40.67%	1.28TCr
CHINA STEEL CORPORATION	-14.44%	1.08TCr
CITIC PACIFIC SPECIAL STEEL GROUP CO., LTD	-3.70%	938.75Cr
BHARAT FORGE LIMITED	+34.58%	924.61Cr
INNER MONGOLIA BAOTOU STEEL UNION CO., LTD.	-2.05%	893.23Cr
JINDAL STAINLESS LIMITED	+45.58%	813.43Cr
TERNIUM S.A.	-10.50%	746.17Cr

Iron, Steel Mills & Foundries