IPO Trending
PARMESHWARSME / BSEListed
Parmeshwar Metal

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.

DRHPANCHOR
₹57 - ₹61444.48x sub
Listed Price₹84.50
Listing Gain+38.52%

IPO Schedule & Timeline

Book Built Issue IPO
Open02 Jan 2025
Close06 Jan 2025
Allotment07 Jan 2025
Listing09 Jan 2025

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Retail13,48,000 shares
33.23%
Nii (hni)5,78,000 shares
14.25%
Anchor11,54,000 shares
28.45%
QIB7,70,000 shares
18.98%
Market Maker2,06,000 shares
5.08%

Minimum Application Lots

Retail1 Lot (2,000 shares)
₹1,22,000
HNI2 Lots (4,000 shares)
₹2,44,000

Company Promoters

Mr Shantilal Kailashchandra ShahMr Suchitkumar Maheshbhai PatelMr Piyush Giriraj ShahMr Radheshayam Jankilal ShahMr Parth Maheshbhai PatelMr Pratik Radheshyam ShahMrs Kailashben Radheshyam Shah

Company Background

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 p...

Lead Managers & Bankers

Beeline Capital Advisors Private Limited

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Oct-24)₹75731 Cr
Growth-16.1%
Revenue Trend (₹ in Crores)
0.042.3k84.5k126.8kMar-22Mar-23Mar-24Oct-24
PeriodRev (Cr)PAT (Cr)AssetsDebt
Oct-2475,7315706,7331,469
Mar-24110,2467227,0102,189
Mar-2397,2718905,4121,660
Mar-2290,2276854,1131,384

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Oct-245.0714.24%11.72%00
Mar-246.4221.49%17.51%9.510
Mar-237.9134.83%22.39%09.55

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Link Intime India Private Limited

Allotment Finalized
Allotment Date
07 Jan 2025
Official Status
Out / Finalized
Registrar
Link Intime India Private Limited
Listing Date
09 Jan 2025

Official Allotment Verification Links

Official Registrar Portal
Link Intime India Private Limited

Direct allotment verification on the official registrar portal appointed for Parmeshwar Metal. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization07 Jan 2025Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date09 Jan 2025Trading commences on exchange

How to Check Parmeshwar Metal Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Parmeshwar Metal from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Official FilingDRHP
Official FilingANCHOR

Allotment FAQs & Help

About Parmeshwar Metal IPO

Complete issue overview for Parmeshwar Metal (PARMESHWAR) IPO. The issue features an equity share price band of ₹57 – ₹61 per share with a minimum retail lot size of 2000 Shares (minimum application amount of ₹1,22,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions