Parmeshwar Metal Limited
| Opening Date | Closing Date | Face Value | Issue Price | Lot Size | Listing At | Total Issue Size | Basis of Allotment | Initiation of Refunds | Credit of Shares to Demat | Listing Date |
|---|---|---|---|---|---|---|---|---|---|---|
| 02-01-2025 | 06-01-2025 | ₹10 per share | 0 | 2,000 Shares | BSE SME | 40,56,000 shares (aggregating up to ₹24.74 Cr) | 2025-01-07 00:00:00 | 2025-01-08 00:00:00 | 2025-01-08 00:00:00 | 09-01-2025 |
About The Company
Parmeshwar Metal IPO is a book built issue of Rs 24.74 crores. The issue is entirely a fresh issue of 40.56 lakh shares.
Parmeshwar Metal IPO opens for subscription on January 2, 2025 and closes on January 6, 2025. The allotment for the Parmeshwar Metal IPO is expected to be finalized on Tuesday, January 7, 2025. Parmeshwar Metal IPO will list on BSE SME with tentative listing date fixed as Thursday, January 9, 2025.
Parmeshwar Metal IPO price band is set at ₹57 to ₹61 per share. The minimum lot size for an application is 2000. The minimum amount of investment required by retail investors is ₹1,22,000. The minimum lot size investment for HNI is 2 lots (4,000 shares) amounting to ₹2,44,000.
Beeline Capital Advisors Pvt Ltd is the book running lead manager of the Parmeshwar Metal IPO, while Link Intime India Private Ltd is the registrar for the issue.The market maker for Parmeshwar Metal IPO is Spread X Securities Private Limited.
Refer to Parmeshwar Metal IPO DRHP for detailed information.
Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrow |
|---|---|---|---|---|---|---|
| 31-03-2021 | 3345 | 53834 | 406 | 1526.21 | 676.21 | 1206.52 |
| 31-03-2022 | 1207 | 90227 | 685 | 2109.37 | 1359.37 | 1383.71 |
| 31-03-2023 | 5412 | 97271 | 890 | 2998.9 | 2248.9 | 1660.02 |
| 31-12-2023 | 7686 | 84070 | 315 | 315.26 | 2564.15 | 3281.9 |
IPO Subscription Status
| Category | Subscription Times |
|---|---|
| Anchor Investors | 1 |
| Qualified Institutions | 172.32 |
| Non-Institutional Buyers | 1202.79 |
| Retail Investors | 597.1 |
| Total | 607.96 |
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | 122000 |
| Retail (Max) | 1 | 2000 | 122000 |
| HNI (Min) | 2 | 4000 | 244000 |
IPO Listing Details
| Listing Date | 09-01-2025 |
| BSE Script Code | - |
| NSE Symbol | - |
| ISIN | - |
| Final Issue Price | 0 |
Promoter holdings
The Promoters of the company are Mr Shantilal Kailashchandra Shah, Mr Suchitkumar Maheshbhai Patel, Mr Piyush Giriraj Shah, Mr Radheshayam Jankilal Shah, Mr Parth Maheshbhai Patel, Mr Pratik Radheshyam Shah and Mrs Kailashben Radheshyam Shah.
Contact Information of the Company
Parmeshwar Metal Limited
Office at Survey No. 130 P & 131
State Highway No. 69 Sampa Lavad Road
Village Suja Na Muvada, Post-Sampa, Dehgam-382315
Phone: +91 6357076561
Email: cs@parmeshwarmetal.com
Website: https://www.parmeshwarmetal.com/
IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: parmeshwar.smeipo@linkintime.co.in
Website: https://linkintime.co.in/Initial_Offer/public-issues.html
IPO Lead Manager
Beeline Capital Advisors Pvt Ltd (Past IPO Performance)