Support

Parmeshwar Metal Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

Login to APPLY

Parmeshwar Metal Ltd IPO

Registered Office: Sy.No.130P & 131 S.H.Ways #.69,Sampa Lavad Rd (V) Post.Sampa , Dehgam - 382315 , Gujarat , India.
Phone : +91 63570 76561   Fax:
Email :  cs@parmeshwarmetal.com  
Website :  www.parmeshwarmetal.com
Initial public issue of upto 4056000 equity shares of face value of (Rs)10/- each of Parmeshwar Metal Limited ("PML" or the "Company" or the "Issuer") for cash at a price of (Rs)61/- per equity share including a share premium of (Rs)51/- per equity share (the "Issue Price") aggregating to (Rs)24.74 crores ("The Issue"), of which 206000 equity shares of face value of (Rs)10/- each for cash at a price of (Rs)61/- per equity share including a share premium of (Rs)51/- per equity share aggregating to (Rs)1.26 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 385000 equity shares of face value of (Rs)10/- each at a price of (Rs)61/- per equity share ncluding a share premium of (Rs)51/- per equity share aggregating to (Rs)23.48 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 26.50% and 25.15%, respectively, of the post issue paid up equity share capital of the company.

Issue Money Payable On
Opens On Closes On Application Allotment
02-Jan-25 06-Jan-25 (Rs)61.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :2000  Further Multiples of :2000

  (Rs Cr) Lead Managers to the Issue
Project Cost 21.99
Beeline Capital Advisors Pvt Ltd
Project Financed through Current Offer 24.74  
Post Issue Equity Share Capital 15.31  
Issue Price (Rs)61.00  
 
Projects
Setting up a new mfg facility atTo meet working capital requirements
Funding of capital expenditure for furance renovationGeneral corporate purposes
Promoted By
Shantilal Kailashchandra Shah  
Suchitkumar Maheshbhai Patel  
Piyush Giriraj Shah  
Listing At
BSE - SME 
Registrar to the Issue
MUFG Intime India Pvt Ltd