Hilton Metal Rights Issue dates are not finalized.
Hilton Metal Forging is an India-based iron and steel forging player, incorporated in July 2005 (converted from “M/s Hilton Forge”) and listed on BSE and NSE since May 2007. The company operates in the engineered components segment, manufacturing steel forged flanges, forged fittings, and oilfield/marine products, serving process- and infrastructure-heavy end markets such as oil & gas, refineries, and pharmaceuticals.
From a competitive positioning standpoint, it markets itself as a recognised export house and emphasises adherence to globally accepted product specifications and customer qualification requirements. Its manufacturing and QA orientation is anchored around widely used international standards and others, supporting supply into stringent applications where traceability, metallurgical consistency, and compliance documentation are critical.
Operationally, the company runs with a lean workforce (64 employees), suggesting a footprint optimised around core forging and machining workflows and outsourcing/ancillary support where economical. On the demand side, HMFL’s customer profile is meaningfully concentrated, with the top 10 customers accounting for 82% of FY25 revenues—an indicator of deep account relationships but also elevated dependency on a limited set of buyers.
Promoters of Hilton Metal – Yuvraj Hiralal Malhotra, Diksha Yuvraj Malhotra and Yashika Yuvraj Malhotra
Hilton Metal Rights Issue Details
| Hilton Metal Rights Issue Date | Coming soon |
| Hilton Metal Rights Issue Price | Coming soon |
| Issue Size (in Shares) | Coming soon |
| Issue Size (in INR) | INR 28.00 crore |
| Issue Entitlement | NA equity shares for every NA equity share held on the record date |
| Terms of Payment | Fully payable at the time of application |
| Hilton Metal Rights Issue Record Date | Coming soon |
| Face Value | INR 10 per share |
| Listing On | BSE, NSE |
Hilton Metal Rights Issue Calculation
| Hilton Metal Rights Issue Price | Coming soon |
| Market Price on Rights Issue Approval | INR 27.99 per share |
| Dilution Factor (X) | |
| Fair Value After Dilution at Prevailing Price | Coming soon |
Hilton Metal Financial Performance
| FY 2023 | FY 2024 | FY 2025 | |
| Revenue | 105 | 138 | 163 |
| Expenses | 91 | 123 | 153 |
| Operating Margin (%) | 14 | 11 | 6 |
| Net Income | 6 | 7 | 6 |
| ROCE (%) | 10 | 10 | 8 |
Hilton Metal Rights Offer Objectives
The net proceeds from the offer are proposed to be used for
- Working capital requirements – INR 3.00 crore
- Adjustment of unsecured loans of the promoter through conversion of the outstanding loan to equity against their rights entitlement – 8 crore
- Prepayment of outstanding borrowings availed by the company from SBI – INR 10.00 crore
- General corporate purposes – INR 6.30 crore
Hilton Metal Rights Offer Documents
Hilton Metal Rights Issue Dates
| Rights Issue Approval Date | 4 February 2026 |
| Rights Issue Record Date | Coming soon |
| Credit of Rights Entitlement | Coming soon |
| Rights Issue Opening Date | Coming soon |
| Last Date for Market Renunciation | Coming soon |
| Rights Issue Closing Date | Coming soon |
| Finalization of Basis of Allotment | Coming soon |
| Rights Allotment Date | Coming soon |
| Credit Date | 26 May 2025 |
| Listing Date | 26 May 2025 |
Hilton Metal Rights Offer Registrar
PURVA SHAREGISTRY (INDIA) PRIVATE LIMITED
Unit No. 9, Ground Floor, Shiv Shakti Industrial Estate, J. R. Boricha Marg, Lower Parel (East), Mumbai – 400011, Maharashtra, India
Tel: +91 22 4961 4132 / +91 22 4970 0138
Email: [email protected]
Website: www.purvashare.com
HILTON METAL FORGING LIMITED
303, Tanishka Commercial Co-op. Society Ltd, Akurli Road, Kandivali East, Mumbai, Maharashtra, India, 400101
Tel: +022-40426565
Email: [email protected]
Website: www.hiltonmetal.com
Hilton Metal Rights Offer FAQs
What is the Hilton Metal Rights Issue Price?
The issue price is INR NA per share.
What is the Hilton Metal Rights Issue entitlement ratio?
The eligible shareholders are offered NA Equity Shares for every NA Equity Shares held on the record date.
What is the Hilton Metal Rights Issue Record Date?
The Record date is coming soon.
How to Apply in Hilton Metal Rights Offer?
The best way to apply in Hilton Metal Rights Offer is through Internet banking ASBA. You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an application Form form and deposit the same to your broker.
