Listed Price₹84.50
Listing Gain+38.52%
Price Band₹57 - ₹61
Lot Size2,000 shares
Min Bid₹1,22,000
Subscription607.14x
Listed Market Snapshot
₹84.50Listed price from market data
+38.52%listing gain
Issue Amount
₹24.74 Cr
Listed Price
₹84.50
Current Price
₹200.9
Registrar
Link Intime India Private Limited
Timeline•Book Built Issue IPO
Open02 Jan 2025
Close06 Jan 2025
Allotment07 Jan 2025
Listing09 Jan 2025
Quota Reservation Portions
RetailPortion: 13,48,000 shares
33.23%Nii (hni)Portion: 5,78,000 shares
14.25%AnchorPortion: 11,54,000 shares
28.45%QIBPortion: 7,70,000 shares
18.98%Market MakerPortion: 2,06,000 shares
5.08%Minimum Application Bracket Matrix
Retail1 lots / 2,000 shares
₹1,22,000HNI2 lots / 4,000 shares
₹2,44,000About the Company
Incorporated in August 2016, Parmeshwar Metal Limited specializes in manufacturing copper wire and rods by recycling copper scrap. Operating from its ISO 9001:2015 certified facility in Dehgam, Gujarat, the company produces copper wire rods in sizes of 1.6 mm, 8 mm, and 12.5 mm to meet diverse customer requirements. Its products cater to industries such as power cables, building wires, transformers, automotive, household cables, and enameled wires. As of December 31, 2023, Parmeshwar Metal Limited employed 89 individuals, emphasizing quality production and customer satisfaction.
Company Promoters
Mr Shantilal Kailashchandra ShahMr Suchitkumar Maheshbhai PatelMr Piyush Giriraj ShahMr Radheshayam Jankilal ShahMr Parth Maheshbhai PatelMr Pratik Radheshyam ShahMrs Kailashben Radheshyam Shah
Lead Managers
Registrar
Link Intime India Private Limited