Free Offer
Open Demat FREE
Apply in Paramount Speciality Forgings Ltd. IPO via ASBA / UPI
₹0 Opening Digital KYC 1-Click Apply
SEBI Regulated · 100% Secure · Under 5 Min
Home All IPOs Paramount Speciality Forgings Ltd. IPO
Paramount Speciality Forgings Ltd. IPO
NSE SME Bookbuilding IPO Fresh Capital-cum-Offer for Sale Closed Live Chart
GMP +₹0 +0% Est. Listing ₹59
Issue Price
₹59
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹59
GMP based
Lot Size
2,000
shares / lot
Min Amount
₹118,000
1 lot · 2,000 shares
Live Price
tap to chart
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
17 Sep 2024
Tue Completed
Done
Close Date
20 Sep 2024
Fri Completed
Done
Allotment
23 Sep 2024
Mon Completed
Done
Refund
24 Sep 2024
Tue Completed
Done
Demat Credit
24 Sep 2024
Tue Completed
Done
Listing Date
25 Sep 2024
Wed Completed
UPI Deadline: 20 Sep 2024
Issue Details
Pricing & Size
Issue Price
₹59 Face ₹10
Lot Size
2,000 shares
Min Investment
₹118,000
Total Issue Size
54,82,000 shares (aggregating up to ₹32.34 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Fresh Capital-cum-Offer for Sale
Listing Exchange
NSE SME
Script / Ticker
-
Allocation Breakdown
Market Maker
2,76,000 (5.03%)
QIB Portion
26,00,000 (47.43%)
NII / HNI
7,82,000 (14.26%)
Retail
18,24,000 (33.27%)
Employee
-
Net Offer to Public
52,06,000 shares (aggregating up to ₹30.72 Cr)
Shareholding Pattern
Pre-Issue Shareholding
1,48,80,000 shares
Post-Issue Shareholding
1,96,82,000 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 2,000 ₹1,18,000
HNI / NII 2 4,000 ₹2,36,000
Lead Managers & Market Maker
Book Running Lead Managers
Swaraj shares & securities Pvt.Ltd
Market Maker
Shreni Shares Ltd
IPO Timeline
Open
17 Sep
✓ Done
Close
20 Sep
✓ Done
Allotment
23 Sep
✓ Done
Listing
25 Sep
✓ Done
Registrar Details
Purva Sharegistry (India) Pvt.Ltd.
SEBI Registered Registrar & Transfer Agent
Phone
+91-022-23018261/ 23016761
Email
support@purvashare.com
Company Contact
Email
compliance@paramountforge.org
Phone
+91-22-23732656
Address
3, 1, Guru Himmat Building, Dr. Mascarenhas Road Anjirwadi Mazgaon, Mumbai - 400010 Mumbai, Maharashtra
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹59
Est. Listing
₹59
Lot Size
2,000 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
Paramount Speciality Forgings Ltd. LIVE
INR ·
vs Issue
Open
High
Low
Mkt Cap
P/E
52W H
52W L
Vol
Div
Yld
Loading chart…
Live Chart Not Available
Paramount Speciality Forgings Ltd. is not yet listed or data is unavailable.
Chart will appear after listing
| Price
Market Reference
IPO Issue Price
₹59
GMP
+₹0 (+0%)
GMP Est. Listing
₹59
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB 26,00,000 (47.43%) ₹1,534.00 Cr
NII / HNI (Total) 7,82,000 (14.26%) ₹461.38 Cr
Retail Investors 18,24,000 (33.27%) ₹1,076.16 Cr
Total ** 54,82,000 (100.00%) ₹32,343.80 Cr
Market Maker * 2,76,000 (5.03%) ₹16.28 Cr
* Based on ₹59.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
QIB
26,00,000 (47.43%)
NII
7,82,000 (14.26%)
Retail
18,24,000 (33.27%)
Market Maker
2,76,000 (5.03%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in Rs Cr
Metric31 Mar 202431 Mar 202331 Mar 2022
Revenue11363.6211224.109243.16
PAT725.36275.84313.44
EBITDA
Net Worth2291.491566.141970.49
Total Assets8179.187223.875450.48
Reserves1565.141565.141969.49
Borrowings2492.822027.651176.93
Key Financial Ratios
32%
ROE
Return on Equity
40%
ROCE
Return on Capital Employed
31.65%
RONW
Return on Net Worth
6.43%
PAT Margin
PAT / Revenue
1.09
D/E Ratio
Debt to Equity
4.87
Pre EPS
EPS Pre-Issue
3.69
Post EPS
EPS Post-Issue
12.1
Pre P/E
P/E Pre-Issue
16.01
Post P/E
P/E Post-Issue
About Paramount Speciality Forgings Ltd.

Incorporated in 1994, 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.

Competitive strengths:

  • Experienced management team: The management team of the company has industry experience and is accountable for growing operations and financial performance.
  • Focus on Quality:The company is seeking to streamline processes, reduce waste, and improve product quality. To achieve this, we have: (i) Automated manufacturing processes to increase productivity and cut manpower costs. (ii) Designed machining lines to optimize processes and reduce manpower costs by combining multiple processes on a single machine. (iii) Reduced the input weights needed for forging products, resulting in reduced material costs.
  • Long Term Customer Relationship:The company provides clients with expert services, which enhances customer retention and encourages repeat business.
  • Effective branding and Digital Market activities: The company focuses on brand visibility through multiple marketing channels, including retail branding, web marketing, magazine advertising, outdoor advertising, and digital marketing.
Frequently Asked Questions
What is the issue price of Paramount Speciality Forgings Ltd. IPO?
The issue price of Paramount Speciality Forgings Ltd. IPO is ₹59 per share, face value ₹10.
What is the lot size?
Minimum lot size is 2,000 shares, requiring ₹118,000.
What are the IPO dates?
Opens 17 Sep 2024, closes 20 Sep 2024.
When is the listing date?
Tentative listing: 25 Sep 2024 on NSE SME.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹59 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Paramount Speciality Forgings Ltd. IPO · Expected 23 Sep 2024

Check on Registrar
Post-IPO Timeline
Allotment Date
23 Sep 2024
Refund Initiation
24 Sep 2024
Demat Credit
24 Sep 2024
Listing Date
25 Sep 2024
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹59
Face ₹10
Lot Size
2,000
shares / lot
Min Amount
₹118,000
1 lot
Est. Listing
₹59
GMP +₹0
Key Dates
Open
17 Sep Done
Close
20 Sep Done
Listing
25 Sep Done
Registrar
Purva Sharegistry (India) Pvt.Ltd.
A
Sponsored
₹0 AMC · Apply IPOs via UPI
SEBI Regulated · Digital KYC in 5 min