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Objective of the Issue
The Issue Proceeds from the Fresh Issue will be utilized towards the following objects:
- Setting up a new manufacturing facility at Dehgam, Gujarat, for manufacturing of Bunched copper wire and 1.6 MM Copper Wire Rod.
- Furnace renovation for copper melting.
- To Meet Working Capital Requirements.
- General Corporate Purpose.
IPO Details, Price, Market Lot
| Parmeshwar Metal SME IPO Details | |
| IPO Open Date | 2 January 2025 |
| IPO Close Date | 6 January 2025 |
| IPO Issue Size | 40,56,000 Shares (Aggregating up to ₹24.74 Cr) |
| Fresh Issue | 40,56,000 Shares (Aggregating up to ₹24.74 Cr) |
| Offer for Sale | NIL |
| Retail Portion | Not less than 35% of the offer |
| NII Portion | Not less than 15% of the offer |
| QIB Portion | Not more than 50% of the offer |
| Listing At | BSE SME |
| Parmeshwar Metal SME IPO Price | |
| Face Value | ₹10 Per Share |
| IPO Price Band | ₹57 to ₹61 Per Share |
| Employee Discount | — |
| IPO Issue Type | Book Built Issue |
| Parmeshwar Metal SME IPO Market Lot For Retail Investor | |
| No. of Shares Per Lot | 2000 Shares |
| Minimum Lot Size | 1 Lot (2000 Shares) |
| Minimum Amount (Cut-off price) | ₹1,22,000 |
| Maximum Lot Size | 1 Lot (2000 Shares) |
| Maximum Amount (Cut-off price) | ₹1,22,000 |
| Parmeshwar Metal SME IPO Market Lot For HNI | |
| No. of Shares Per Lot | 2000 Shares |
| Minimum Lot Size | 2 Lots (4000 Shares) |
| Minimum Amount (Cut-off price) | ₹2,44,000 |
IPO Date, Listing Date, Allotment Date
| Parmeshwar Metal SME IPO Time Table (Tentative) | |
| IPO Open Date | 2 January 2025 |
| IPO Close Date | 6 January 2025 |
| Basis of Allotment Date | 7 January 2025 |
| Initiation of Refunds | 8 January 2025 |
| Credit of Share to Demat Account | 8 January 2025 |
| IPO Listing Date | 9 January 2025 |
Financial Report
| Period Ended | Assets (₹ in Lakh) |
Revenue (₹ in Lakh) |
P A T (₹ in Lakh) |
Net Worth (₹ in Lakh) |
Borrowings (₹ in Lakh) |
| 31 Oct. 2024 | 6,732.67 | 75,730.83 | 570.29 | 4,291.13 | 1,468.99 |
| 31 March 2024 | 7,010.27 | 1,10,246.35 | 721.93 | 3,720.83 | 2,188.86 |
| 31 March 2023 | 5,412.42 | 97,270.61 | 889.53 | 2,998.9 | 1,660.02 |
| 31 March 2022 | 4,112.89 | 90,227.47 | 685.16 | 2,109.37 | 1,383.71 |
| Period Ended | 31 Oct. 2024 | 31 March 2024 | 31 March 2023 | 31 March 2022 |
| Assets | 6,732.67 | 7,010.27 | 5,412.42 | 4,112.89 |
| Revenue | 75,730.83 | 1,10,246.35 | 97,270.61 | 90,227.47 |
| P A T | 570.29 | 721.93 | 889.53 | 685.16 |
| Net Worth | 4,291.13 | 3,720.83 | 2,998.9 | 2,109.37 |
| Borrowings | 1,468.99 | 2,188.86 | 1,660.02 | 1,383.71 |
| Amount in ₹ Lakh | ||||
Company Promotor & Promotor’s Holding
Mr Shantilal Kailashchandra Shah, Mr Suchitkumar Maheshbhai Patel, Mr Piyush Giriraj Shah, Mr Radheshayam Jankilal Shah, Mr Parth Maheshbhai Patel, Mr Pratik Radheshyam Shah and Mrs Kailashben Radheshyam Shah are the promoter of company.
| Pre Issue Promotor Holding | 96.33% |
| Post Issue Promotor Holding | 70.81% |
Company Address
Parmeshwar Metal Limited
Office at Survey No. 130 P & 131, State Highway No. 69 Sampa Lavad Road, Village Suja Na Muvada, Post-Sampa, Dehgam-382315
Phone: +91 6357076561
Email: cs@parmeshwarmetal.com
Website: https://www.parmeshwarmetal.com/
IPO Registrar, Lead Manager, Prospectus
| Parmeshwar Metal SME IPO Prospectus |
| Parmeshwar Metal SME IPO Registrar |
| Link Intime India Private Ltd |
| Parmeshwar Metal SME IPO Lead Manager |
| Beeline Capital Advisors Pvt Ltd |