Paramount Speciality Forgings Limited (NSE SME)
Sep 17, 2024 - Sep 20, 2024
| Price | ₹57 - ₹59 |
| Premium | ₹0 |
|---|---|
| Lot size | 2000 |
| Allotment | Sep 23, 2024 |
| Listing | Sep 25, 2024 |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 2000 | 118000 | 912 |
| HNI | 2 | 4000 | 236000 | 391 |
Last updated on 19-Sep-2024 19:54:27
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIB | 1040000 | 1526000 | 1.47 |
| NIB | 782000 | 3380000 | 4.32 |
| RETAIL | 1824000 | 19304000 | 10.58 |
| Total | 3646000 | 24210000 | 6.64 |
| Retail Apps | 9652 | © IPO Premium | |
| HNI Interest Cost Per Share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹0.34 | @8% ₹0.39 | @9% ₹0.44 | @10% ₹0.49 | @11% ₹0.54 | @12% ₹0.59 |
Paramount Speciality Forgings IPO Reservation
| Investor Category | Shares Offered | No. of Shares |
|---|---|---|
| Retail | 33.27% | 1824000 |
| NII (HNI) | 14.26% | 782000 |
| Anchor | 28.46% | 1560000 |
| QIB | 18.97% | 1040000 |
| Market Maker | 5.04% | 276000 |
| Total | 100.00% | 5482000 |
Paramount Speciality Forgings IPO Details
| Issue Size | 5,482,000 shares (aggregating up to ₹32.34 Cr) |
| Fresh Issue | 4,802,000 shares (aggregating up to ₹28.33 Cr) |
| Offer for Sale | 680,000 shares of ₹10 (aggregating up to ₹4.01 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 14,880,000 |
| Share holding post issue | 19,682,000 |
| Market Maker's Portion | 276,000 Shares Shreni Shares |
Key Performance Indicator
| KPI | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|
| RONW | 31.65% | 15.60% | 17.28% |
| D/E | 1.09 | 1.29 | 0.6 |
| EPS (basic) | 4.68 | ||
| P/E Pre IPO | 12.1 | ||
| P/E Post IPO | 16.1 |
Company Financials
Paramount Speciality Forgings Limited Financial Information (Restated)
| Period Ended | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|
| Assets | 8,179.18 | 7,223.87 | 5,450.48 |
| Revenue | 11,363.62 | 11,224.10 | 9,243.16 |
| Profit After Tax | 725.36 | 275.84 | 313.44 |
| Net Worth | 2,291.49 | 1,566.14 | 1,970.49 |
| Reserves and Surplus | 803.49 | 1,565.14 | 1,969.49 |
| Total Borrowing | 2,492.82 | 2,027.65 | 1,176.93 |
| Amount in Lakhs | |||
About Company
Paramount Speciality Forgings Limited, incorporated in 1994, is a leading Indian manufacturer of steel forgings, offering a broad range of forged products used across industries such as petrochemicals, chemicals, fertilizers, oil and gas, nuclear power, and heavy engineering. The company's product portfolio includes Tube Sheet Blanks, Forged Rings, Spacers, Girth Flanges, Tyre Rings, Self-reinforced Nozzles, Long Weld Neck Flanges, Seats, Valve Bodies, and Bonnets. With two manufacturing facilities located in Kamothe and Khalapur, Maharashtra, Paramount ensures that its products meet both national and international standards. Its closed dye plant is certified under ISO 9001-2008, ISO 14001-2004, and BS OHSAS 18001-2007, and the company is accredited by renowned Oil & Gas companies, Statutory Bodies, and Inspection Agencies.
Phone: +91-022-23018261/ 23016761
Email: support@purvashare.com
Website: https://www.purvashare.com/investor-service/ipo-query