Parmeshwar Metal Ltd
Price Range
-
Min. Quantity
-
Closes on
-
Min. investment
-
Parmeshwar Metal Ltd IPO Timeline
Parmeshwar Metal Limited was originally formed as 'Parmeshwar Metal Private Limited' vide Certificate of Incorporation dated August 04, 2016 issued by Central Registration Centre. Subsequently, Company converted from a private limited to public limited company and the Company name has been changed to 'Parmeshwar Metal Limited' pursuant to fresh Certificate of Incorporation dated January 04, 2024 issued to Company by the Registrar of Companies, Ahmedabad.
| Event | Date |
|---|---|
| Parmeshwar Metal Ltd IPO Opening Date | 2 January 2025 |
| Parmeshwar Metal Ltd IPO Closing Date | 6 January 2025 |
| Basis of Allotment | 7 January 2025 |
| Initiation of Refunds | 8 January 2025 |
| Credit of Shares to Demat | 8 January 2025 |
| Parmeshwar Metal Ltd IPO Listing Date | 9 January 2025 |
Parmeshwar Metal Ltd IPO Details
| Parmeshwar Metal Ltd IPO Date | - |
| Parmeshwar Metal Ltd IPO Face Value | ₹ per share |
| Parmeshwar Metal Ltd IPO Price | ₹ to ₹ per share |
| Parmeshwar Metal Ltd IPO Lot Size | Invalid Number |
| Issue Size | Shares of ₹ (aggregating up to ₹Invalid Number Cr) |
| Fresh Issue | Shares of ₹ (aggregating up to ₹ Cr) |
| Offer for Sale | - |
| Issue Type | |
| Listing At | |
| QIB Shares Offered | Not more than 7,70,000 of the Net Offer |
| Retail Shares Offered | Not less than 13,48,000 of the Net Offer |
| NII (HNI) Shares Offered | Not less than 7,84,000 of the Net Offer |
| Company Promoters | Shantilal Kailashchandra Shah, Suchitkumar Maheshbhai Patel, Piyush Giriraj Shah |
Parmeshwar Metal Ltd IPO Lot Size
The Parmeshwar Metal Ltd IPO lot size is Invalid Number shares. A retail-individual investor can apply for up to NaN lots (NaN shares or ₹NaN).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | - | - |
| Maximum | - | - | - |
- Strengths
- Risks
- Opportunities
- Experienced Promoter and Management Team Strong Operational and Financial Performance.
- Strong relationship with customer.
- Quality Assurance.
- Customized Product Offering.
- Strong and diversified supplier base for sourcing raw materials.
Company Financials
Parmeshwar Metal Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 70.1 | 1,102.46 | 7.22 |
| 03-2023 | 54.12 | 972.71 | 8.90 |
| 03-2022 | 41.13 | 902.27 | 6.85 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Setting up a new mfg facility at
- Funding of capital expenditure for furance renovation
- To meet working capital requirements
- General corporate purposes
Parmeshwar Metal Ltd IPO Promoter Holding
| Pre Issue Share Holding | 12.47% |
| Post Issue Share Holding | 9.16% |
Parmeshwar Metal Ltd IPO Subscription Status (Bidding Detail)
The Parmeshwar Metal Ltd IPO is subscribed 12.81 times on NaN Invalid undefined 05:00:00 PM. The public issue subscribed 23.44 times in the retail category, 0 times in the QIB category, and 7.12 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | 7.12 | 23.44 | - | 12.81 |
Parmeshwar Metal Ltd IPO Prospectus
Parmeshwar Metal Ltd IPO Listing Date
| Listing Date | 9 January 2025 |
| BSE Script | - |
| NSE Symbol | - |
| Listing In | - |
| ISIN | INE0QQJ01021 |
| IPO Price | ₹0 |
| Face Value | ₹10 |
Company Contact Information
Sy.No.130P & 131 S.H.Ways #.69Sampa Lavad Rd (V) Post.Sampa,Dehgam-382315
Phone: +91 63570 76561
Email: cs@parmeshwarmetal.com
Website: www.parmeshwarmetal.com
Parmeshwar Metal Ltd IPO Registrar
Parmeshwar Metal Ltd IPO Lead Manager(s)
- Beeline Capital Advisors Pvt Ltd
FAQ
What is the issue size of Parmeshwar Metal Ltd IPO?
I have pre-applied for Parmeshwar Metal Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.