What are the open and close dates of the Parmeshwar Metal IPO ?

Parmeshwar Metal IPO will be open between 2025-01-02 and 2025-01-06.

What is the allotment date for the Parmeshwar Metal IPO ?

Parmeshwar Metal IPO allotment date is 2025-01-08. For Parmeshwar Metal IPO allotment status check, you can visit the website of the registrar of the IPO.

Who is the registrar of Parmeshwar Metal IPO ?

For Parmeshwar Metal IPO, the IPO registrar is Link Intime India Private Ltd. You can check Parmeshwar Metal IPO allotment status on the website of the registrar.

Where is the Parmeshwar Metal IPO getting listed?

The shares are proposed to be listed on the BSE and NSE.

When will Parmeshwar Metal IPO shares be credited to your demat account?

The Parmeshwar Metal IPO shares will typically be credited to your demat account one working day before the IPO's listing date, provided your application is successfully allotted.

What is the lot size and minimum order quantity of the Parmeshwar Metal IPO ?

The Parmeshwar Metal IPO lot size is 2000 and minimum order quantity is 2000.

What is the price band for the Parmeshwar Metal IPO ?

Parmeshwar Metal IPO has set the price band for its IPO at 61 per equity share with a face value of 10.

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IPO

585.72x

subscribed

Parmeshwar Metal IPO

Metal - Non Ferrous

listed

₹1.14LMin. investment

Pre-apply
1 Jan
Bid start
2 Jan
Bid end
6 Jan
Allotment
7 Jan
Release of funds
8 Jan
Demat transfer
8 Jan
Listing
9 Jan

Parmeshwar Metal Limited IPO Details

Issue size

₹24Cr

IPO type

SME

Market Cap

₹104.71CrLower than sector avg

Price range

₹57.00 – ₹61.00

Listing ExchangeBSE

RevenueApr 2023 - Mar 2024

₹1,100.22CrLower than sector avg

Lot size

2000 shares

Red Herring Prospectus

Read

Growth rate3Y CAGR

6.84%Higher than sector avg

SectorMetal - Non Ferrous

Price range₹57.00 – ₹61.00

IPO type

SME

Lot size2000 shares

Issue size₹24Cr

Red Herring Prospectus

Read

Market Cap

₹104.71CrLower than sector avg

RevenueApr 2023 - Mar 2024

₹1,100.22CrLower than sector avg

Growth rate3Y CAGR

6.84%Higher than sector avg

Checklist

Quality analysis

Revenue growth

Company valuation

Earnings expansion

Risk analysis

Debt to Equity ratio

Promoter holdings

Shares pledged

The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

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Revenue

Higher revenue means strong sales and good market demand

This IPO

₹1,100.22Cr

This sector

₹9,368.76Cr

Compare with companies

3Y growth

Strong 3-year growth shows consistent progress and potential

This IPO

6.84%

This sector

0.01%

Compare with companies

PAT

Higher PAT means strong profitability and efficient cost management

This IPO

₹7.21Cr

This sector

₹1,021.73Cr

Compare with companies

Market cap

Higher market cap means strong confidence but may suggest overvaluation

This IPO

₹104.71Cr

This sector

₹17,328.86Cr

Compare with companies

P/E ratio

Lower ratio usually means stock is undervalued

This IPO

13.23

This sector

19.69

Compare with companies

D/E ratio

Lower ratio usually means fewer liabilities

This IPO

0.59

This sector

0.52

Compare with companies

Objectives

Business expansion

The company will use ₹2.18 Cr for setting up a new manufacturing facility at Gandhinagar, Gujarat.

Capital expenditure

The company will use ₹1.86 Cr for Furnace renovation.

Working capital

The company will allocate ₹13.92 Cr from the fresh issue towards working capital.

About Parmeshwar Metal Limited

Parmeshwar Metal is a leading manufacturer of high-quality copper wire rods, serving industries like power cables, automotive, and transformers. It offers customizable copper rods in various sizes, ensuring top-notch quality through in-house testing. The company focuses on safety, provides protective gear, and recycles copper scrap for environmental sustainability. Managed by experienced promoters, Parmeshwar Metal is expanding with new facilities in Gujarat to produce bunched copper wire rods, enhancing its capacity and product offerings for electrical and telecom industries.

Parmeshwar Metal IPO Subscription Status

Date	QIB	NII	Retail	Total
02-Jan-25	0.0 times (X)	9.59 times (X)	23.44 times (X)	13.77 times (X)
03-Jan-25	0.98X	29.85X	76.86X	45.11X
06-Jan-25	177.32X	1145.36X	579.05X	585.72X

Frequently asked questions

How to invest in the Parmeshwar Metal IPO ?

Investors can apply for the Parmeshwar Metal IPO through their Demat account via the stock exchange or through their broker.

What is the issue size of Parmeshwar Metal IPO ?

The issue size of the Parmeshwar Metal IPO is 24 Cr.

What is 'pre-apply' for Parmeshwar Metal IPO ?

Pre-applying for an IPO allows you to submit your application before the official subscription period begins.

Which exchanges will Parmeshwar Metal IPO shares list on?

The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.