Listed Price₹83.00
Listing Gain+40.68%
Price Band₹57 - ₹59
Lot Size2,000 shares
Min Bid₹1,18,000
Subscription73.96x
Listed Market Snapshot
₹83.00Listed price from market data
+40.68%listing gain
Issue Amount
₹32.34 Cr
Listed Price
₹83.00
Current Price
₹37
Registrar
Purva Sharegistry India Private Limited
Timeline•Bookbuilding IPO
Open17 Sep 2024
Close20 Sep 2024
Allotment23 Sep 2024
Listing25 Sep 2024
Quota Reservation Portions
RetailPortion: 18,24,000 shares
33.27%Nii (hni) Portion: 7,82,000 shares
14.26%AnchorPortion: 15,60,000 shares
28.46%QIBPortion: 10,40,000 shares
18.97%Market MakerPortion: 2,76,000 shares
5.04%Minimum Application Bracket Matrix
Retail1 lots / 2,000 shares
₹1,18,000HNI2 lots / 4,000 shares
₹2,36,000About the Company
Paramount Speciality Forgings Limited, established in 1994, is a leading Indian manufacturer of steel forgings, catering to industries like petrochemicals, oil and gas, nuclear power, and heavy engineering. The company offers a diverse range of forged products, including Tube Sheet Blanks, Forged Rings, Girth Flanges, Valve Bodies, and more. With two manufacturing facilities in Maharashtra (Kamothe and Khalapur), Paramount ensures high-quality standards that meet both national and international requirements. Its closed-die plant holds multiple certifications, including ISO 9001-2008 and ISO 14001-2004, and is accredited by top Oil & Gas companies and regulatory bodies.
Company Promoters
Aliasgar Roshan Hararwala Aliasgar Abdulla BhagatMohammed Salim HararwalaAbdulla Aliasgar Bhagat Hoozefa Saleem HararwalaAbbasali Salim HararwalaZahid Mohamadi HararwalaRoshan Alihusain Hararwala.
Lead Managers
Registrar
Purva Sharegistry India Private Limited