UPI Mandate for Bids placed between 5 PM and before 10 AM will be received after 10 AM.
Offer Date | Sep 17 - Sep 20, 2024 |
Offer Price | ₹ 57-59 |
Lot Size | 2000 |
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Paramount Speciality Forgings Limited IPO
NSE SME LiveOffer Date: Sep 17, 2024 - Sep 20, 2024
₹ 118000 /2000 Shares
ApplyIPO Closing date has been revised to 20th Sep,2024 due to Bank Holiday on 18th Sep, 2024
Paramount Speciality Forgings IPO Live Subscription Details
Date
:18-Sep-2024 17:01:20 hrs
QIBs
:1.14
NII
:2.35
Retail
:6.71x
Total
:4.19 times
Paramount Speciality Forgings IPO Details
17 Sep, 2024
Open Date20 Sep, 2024
Close Date23 Sep, 2024
Allotment Date25 Sep, 2024
Listing DateIssue Price
₹57-59 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Purva Sharegistry India Pvt LtdMarket Lot
2000 Shares (₹118,000/-)Lead Manager
Swaraj shares and securities private limitedIssue Size
5,482,000 shares(aggregating up to ₹32.34 Cr)Retail Portion
35%Subscription
4.19 timesParamount Speciality Forgings Valuations
EPS Pre IPO
₹4.87/-EPS Post IPO
₹3.69/-P/E Pre IPO
12.1P/E Post IPO
16.01RoNW
31.65%Paramount Speciality Forgings Company Financials All values are in ₹ Lakh
| 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|
| Assets | 8,179.18 | 7,223.87 | 5,450.48 |
| Revenue | 11,363.62 | 11,224.1 | 9,243.16 |
| Profit After Tax | 725.36 | 275.84 | 313.44 |
About The Company
Paramount Speciality Forgings Limited is a manufacturer of steel forgings in India, offering a diverse range of forged products.
The company's products are manufactured to meet national and international standards and are used in various industrial applications including petrochemicals, chemicals, fertilizers, oil and gas, nuclear power, and heavy engineering sectors.The company has two manufacturing facilities one in Kamothe and the second one in Khalapur, Maharashtra.
The company manufactures a range of forged products, which include Tube Sheet Blanks, Forged Rings, Spacers , Girth Flanges, Tyre Rings, Self-reinforced nozzles, Long weld neck flanges, Seat, Valve bodies, Bonnet etc.The Company's closed dye plant is certified under ISO 9001-2008, ISO 14001-2004, and BS OHSAS 18001-2007, and is accredited by reputed Oil & Gas companies, Statutory Bodies, and Inspection Agencies.
Paramount Speciality Forgings - Promoter(s)
Pre Issue Share Holding: 100%
Post Issue Share Holding: 72.15%
Company Promoter(s)
- Aliasgar Roshan Hararwala, Aliasgar Abdulla Bhagat, Mohammed Salim Hararwala, Abdulla Aliasgar Bhagat, Hoozefa Saleem Hararwala, Abbasali Salim Hararwala, Zahid Mohamadi Hararwala and Roshan Alihusain Hararwala.
Paramount Speciality Forgings IPO - Issue Objectives
- Capital expenditure through the purchase of machinery and equipment required for expansion at the Khopoli Plant
- General Corporate purposes
Paramount Speciality Forgings IPO - FAQs
Ans. Paramount Speciality Forgings Limited IPO is a SME IPO. The issue is priced at ₹57-59 per equity share. The minimum order quantity is 2000 Shares. The IPO opens on Sep 17, 2024, and closes on Sep 20, 2024. Purva Sharegistry India Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Paramount Speciality Forgings Limited IPO opens on Sep 17, 2024 and closes on Sep 20, 2024.
Ans. The size of Paramount Speciality Forgings Limited IPO is 5,482,000 shares(aggregating up to ₹32.34 Cr).
Ans. The IPO price band is set between ₹57-59 per equity share.
Ans. To apply for Paramount Speciality Forgings Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Paramount Speciality Forgings Limited IPO in the List of IPOs
- - Press "Apply" Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Paramount Speciality Forgings Limited IPO is Sep 23, 2024.
Ans. The Paramount Speciality Forgings Limited IPO will be listed on Sep 25, 2024.
Ans. Follow the steps to check the allotment status for Paramount Speciality Forgings Limited IPO here.
