IPO Synopsis


Parmeshwar Metal Ltd

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 61.00-0.00 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 61.00  

Project

  • Setting up a new mfg facility at
  • Funding of capital expenditure for furance renovation
  • To meet working capital requirements
  • General corporate purposes

Promoted By

Shantilal Kailashchandra Shah

Suchitkumar Maheshbhai Patel

Piyush Giriraj Shah

Listing At

BSE - SME

Registrar to the Issue

No Data Available