Incorporated in Sept 1997, Hilton Metal Forging Limited (HMFL) is a Mumbai based manufacturer and exporter of forged components. The Company specializes in the manufacture of forged items for the oil and gas sector, petrochemical, pharmaceutical, automobile industries. It manufactures pipe fittings, (flanges, stub ends (seamless), screwed fittings, valves and fittings and various other components as per the customer's requirement in all types of alloys for automotive, oil and gas industries.
Hilton Metal Forging Limited (HMFL) is entering the capital markets with an initial public offering, IPO of Rs. 3815 Lacs, for cash, at a premium to be decided through a fixed price public issue.
The price band for the issue has been fixed at Rs 70 per equity share of Rs 10. The issue opens on April 18, 2007, and closes for subscription on April 24, 2007. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange and the National Stock Exchange.
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