₹27.97 Crores | Listing at BSE, NSE | Fri, Mar 6, 2026 - Thu, Apr 2, 2026
Hilton Metal Forging Limited Rights Issue comprises 1.68 Cr equity shares aggregating to ₹27.97 Cr, offered at an issue price of ₹16.68 per share with a face value of ₹10 per share.
The record date for determining eligible shareholders is Feb 24, 2026, with the Rights Issue being offered in the entitlement ratio of 29:60.
As per the terms of payment, Payable on application
The Rights Issue opens on Mar 6, 2026, and closes on Apr 2, 2026, with renunciation of Rights Entitlements permitted up to Mar 10, 2026.
Purva Sharegistry (India) Pvt.Ltd. is the Registrar to the Issue.
Investors are advised to refer to the Hilton Metal Forging Limited Letter of Offer for detailed information, including risk factors, issue terms, and procedural details.
Record Date
Tue, Feb 24, 2026
Entitlement Ratio
29 : 60
Open Date
Fri, Mar 6, 2026
Close Date
Thu, Apr 2, 2026
Payable on application
| Period Ended | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|
| Assets | 220.71 | 184.57 |
| Total Income | 168.22 | 139.89 |
| Profit After Tax | 6.18 | 6.69 |
| Amount in ₹ Crore | ||
Hilton Metal Forging Limited is engaged in manufacturing high-precision forged and machined components, catering primarily to automotive, industrial, and engineering sectors with a focus on quality and process efficiency.
The company offers services including closed-die forging, machining, heat treatment, and surface finishing, supplying critical components such as gears, shafts, flanges, and customized forged parts.
Hilton Metal Forging Limited emphasizes technological advancement, stringent quality control, and long-term customer relationships, supporting domestic and export markets with reliable manufacturing, timely delivery, and compliance with global standards.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Working Capital Requirements | 3.00 |
| 2 | Adjustment of Unsecured Loans of the Promoter through conversion of the outstanding Loan to Equity against their Rights Entitlement | 8.00 |
| 3 | Prepayment of outstanding borrowings availed by the Company from SBI | 10.00 |
| 4 | General Corporate Purposes | 6.27 |
| Total | 27.27 |
[Dilip Davda] This is the 3rd RI from the company since October 2022. HMFL has marked average/inconsistent financial performances for the reported periods, which does not match the asking price. Based on its recent financial data, the issue appears aggressively priced. The promoters have increased their stake marginally. Well-informed/cash surplus investors may park moderate funds for medium term. Read detail review...
Hilton Metal Forging Rights Issue March 2026 got subscribed by 0.91 times by the end of the bidding period with total bid quantity received by BSE and NSE of 1,53,09,065 shares. Check Day by Day Subscription Details (Live Status)
| Date | BSE Bid Quantity | NSE Bid Quantity | Total Bid Quantity | Subscription Times |
|---|---|---|---|---|
Apr 02 2026 17:00:00 | 1,17,69,689 | 35,39,376 | 1,53,09,065 | 0.91x |
Hilton Metal Forging Limited
303, Tanishka Commercial Co-op. Society Ltd,
Akurli Road, Kandivali East,
Kandivali East,
Mumbai, 400101
Purva Sharegistry (India) Pvt.Ltd.
The Hilton Metal Forging Rights Issue March 2026 opens on Fri, Mar 6, 2026, and closes on Thu, Apr 2, 2026.
Hilton Metal Forging Rights Issue March 2026 Schedule
| Last Date for credit of Rights Entitlements | |
| Last Date for renunciation of Rights Entitlements | Tue, Mar 10, 2026 |
| Issue Opening Date | Fri, Mar 6, 2026 |
| Issue Closing Date | Thu, Apr 2, 2026 |
| Date of Allotment (on or about) | |
| Date of Credit (on or about) | |
| Date of Listing (on or about) |
You can apply for Hilton Metal Forging Rights Issue March 2026 in two ways:
Steps to apply for Hilton Metal Forging Rights Issue March 2026 using Net Banking (ASBA)
Steps to apply for Hilton Metal Forging Rights Issue March 2026 using Registrar's website (R-WAP)
