Maiden Forgings Limited IPO Message Board (Page 3)

69. ValueSeeker | Link | Bookmark | March 27, 2023 6:04:24 PM

IPO Mentor (1000+ Posts, 400+ Likes)

Skipped it.
Related party canvassing was the SINGLE BIGGEST red flag for me.

68. arvindarvind | Link | Bookmark | March 27, 2023 5:07:55 PM

Top Contributor (900+ Posts, 200+ Likes)

Apply based on revenue of company....

67. LOVE IPO | Link | Bookmark | March 27, 2023 4:46:01 PM

Be careful on this one. Lot of UPI's are going to be dishonored in retail & HNI category. Hence full allotment in all categories. Please take informed calls basis your risk appetite.

66. IPOse Dukhi Atma | Link | Bookmark | March 27, 2023 4:44:22 PM

101% negative or at par listing

65. Sanchit Jain | Link | Bookmark | March 27, 2023 3:58:33 PM

IPO Mentor (600+ Posts, 200+ Likes)

Skipped, not looking encouraging.

64. Raghu Shende | Link | Bookmark | March 27, 2023 2:03:53 PM

Retail not interested

Load more comments (1 replies)

64.2. Neeraj Naman | Link | Bookmark | March 27, 2023 3:19:05 PM

Earth Stahl is a company with completely different product mix and weak financial

Maiden on the other hand has decent book size with strong profitability history and dynamic promoter group

Will be fully subscribed with decent medium to long term gains

64.3. Neeraj Naman | Link | Bookmark | March 27, 2023 3:26:44 PM

Retail being major chunk of approx 60% of total IPO size has been fully subscribed which shows the faith of retail investor on a company which is not in the mainstream

63. PKRAJ | Link | Bookmark | March 27, 2023 2:43:46 PM

As expected SME not subscribed fully. But likely to be subscribed by end of the day. QIB 1x and total .89x. So issue will sail through without any problem.
Promoters bring IPO when they have managed in advance. Exceptionally the issue remains not fully subscribed.

63.1. Neeraj Naman | Link | Bookmark | March 27, 2023 3:22:55 PM

IPO is fully subscribed

62. Anari Investor | Link | Bookmark | March 27, 2023 3:05:04 PM

Top Contributor (400+ Posts, 100+ Likes)

Not applied any application. Completely skipped

62.1. Neeraj Naman | Link | Bookmark | March 27, 2023 3:21:45 PM

IPO is Fully subscribed

61. IMP | Link | Bookmark | March 27, 2023 12:36:50 PM

Out of Topic,

Any Strategy for Le Merite Exports Ltd. , I am stuck from IPO...
Experts Please Guide..

61.1. GJ 😀 | Link | Bookmark | March 27, 2023 2:41:49 PM

IPO Mentor (1600+ Posts, 400+ Likes)

I exited with a good loss
You can also do the same if possible

It may be helpful for tax loss harvesting if you do it before 31 Mar (29-30th Mar depends on your broker too).

61.2. JAI JAI GARVI GUJARAT | Link | Bookmark | March 27, 2023 2:50:53 PM

IPO Mentor (800+ Posts, 300+ Likes)

@GJ
Sir what is tax harvesting?

60. KPCT | Link | Bookmark | March 27, 2023 2:18:19 PM

Top Contributor (400+ Posts, 100+ Likes)

Only Index is being kept in green. Share price of cash segment are bleeding.

60.1. ipo share | Link | Bookmark | March 27, 2023 2:26:50 PM

IPO Guru (1500+ Posts, 700+ Likes)

Only indext is being maintained. Market breadth is very poor and particularly, small caps are bleeding.

60.2. KPCT | Link | Bookmark | March 27, 2023 2:50:08 PM

Top Contributor (400+ Posts, 100+ Likes)

I N D E X

59. smart man | Link | Bookmark | March 27, 2023 2:23:31 PM

Very difficult to judge, after we are hurt with earthstahls performance, inspite of having a larger QIB share , both are from similar industry of forging & casting, but maiden has a client list, looking at the website

59.1. Neeraj Naman | Link | Bookmark | March 27, 2023 2:46:31 PM

Good clientele like Usha Martin, Hero Group etc

Fundamentally strong company

I think it will sail through

58. Dinesh Singh | Link | Bookmark | March 27, 2023 2:18:00 PM

IPO Guru (1300+ Posts, 500+ Likes)

Seems issue will not sail through..
Chances of date extention with revised price. or issue will cancelled.
Poor response from all category..

Load more comments (1 replies)

58.2. SSingh | Link | Bookmark | March 27, 2023 2:37:08 PM

IPO Guru (1400+ Posts, 800+ Likes)

Issue will sail through. Already approx 90% subscribed. Still 23 mins left.

58.3. Neeraj Naman | Link | Bookmark | March 27, 2023 2:39:41 PM

90% subscribed, chances of cancellation are bleak

In my view, will be fully subscribed today only

57. SSingh | Link | Bookmark | March 27, 2023 2:38:18 PM

IPO Guru (1400+ Posts, 800+ Likes)

Applied a few lots in Retail.
Not much expectations from listing, should do well in medium term. Let’s see!

56. Raghu Shende | Link | Bookmark | March 27, 2023 2:21:46 PM

In maiden forgings retail 100% confirm allotment

55. ipo share | Link | Bookmark | March 27, 2023 2:10:55 PM

IPO Guru (1500+ Posts, 700+ Likes)

Well left on a bouncy pitch 😀

54. Arjun Rajkot | Link | Bookmark | March 27, 2023 1:09:44 PM

IPO Guru (1000+ Posts, 1900 Likes)

Not apply

Avoid

53. Hostpacker | Link | Bookmark | March 27, 2023 11:03:43 AM

QIB portion is only 10% .
Avoid for me.

52. Neeraj Naman | Link | Bookmark | March 27, 2023 10:16:35 AM

Invest in the company for long term gains

Company with Strong fundamentals with experienced promoter group

Long term gains are guaranteed

51. ~~Jamsait~~ | Link | Bookmark | March 27, 2023 12:12:21 AM

Noorul & Lokes ,sir what is ur final decision for maiden forgings? All r waiting for ur reply

Load more comments (6 replies)

51.7. lokes | Link | Bookmark | March 27, 2023 5:44:38 PM

IPO Guru (4300+ Posts, 5100+ Likes)

@AKJIPOKING : didnt applied any more hni or retail application, applied only 1 retail application

51.8. AKJIPOKING | Link | Bookmark | March 27, 2023 6:13:44 PM

@ Lokes : Thank you, I also did same.

50. dhanapal | Link | Bookmark | March 27, 2023 12:11:59 AM

Hello ,
This is not relevant here , sharing it to for the benefit of our Group.
It seems VEDANTASSET kis acquiring Karikcredit.
It will definitely add value to VEDANT.
@Mr MRAVICHANDRAN please add your views if possible

Regards,
Dhana

50.1. NaveenK | Link | Bookmark | March 27, 2023 8:46:22 AM

2 good news in Feb
1. Acquired karthik credit pvt ltd ( 100% ) and make it as a subsidiary of vedant asset..
2. Launched there digital payment platform vedant pay

I am holding few lots and eagerly waiting for next results ....

50.2. dhanapal | Link | Bookmark | March 27, 2023 12:31:25 PM

@Naveen K -Thanks for sharing the valuable information.