Parmeshwar Metal Limited
Book Built Issue IPO · BSE
- Price band
- ₹57 - ₹61
- Lot size
- 2,000 shares
- Issue amount
- ₹24.74 cr
- Total subscription
- 607.14×
- Opens
- 2 Jan 2025
- Closes
- 6 Jan 2025
- Allotment
- 7 Jan 2025
- Listing
- 9 Jan 2025
Offer at a glance
Issue overview
- Issue size
- 40,56,000 shares
- Face value
- ₹10 Per Equity Share
- Minimum investment
- ₹1,14,000
- Fresh issue
- ₹24.74 cr
- Offer for sale
- ₹0 cr
- Registrar
- Link Intime India Private Limited
- Listing exchange
- BSE
- Maximum investment
- ₹2,06,000
- Issue type
- Book Built Issue IPO
- Shares before issue
- 1,12,50,000
- Shares after issue
- 1,53,06,000
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail | 1 | 2,000 | ₹1,22,000 |
| HNI | 2 | 4,000 | ₹2,44,000 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Financial performance
Company financials
In Lakhs. · Reported periods may include interim results.
Key performance indicators
| Metric | Oct-24 | Mar-24 | Mar-23 |
|---|---|---|---|
| EPS | 5.07 | 6.42 | 7.91 |
| ROE | 14.24 | 21.49 | 34.83 |
| ROCE | 11.72 | 17.51 | 22.39 |
| RONW | 13.29 | 19.4 | 29.66 |
| PRE IPO (PE) | 0 | 9.51 | 0 |
| POST IPO (PE) | 0 | 0 | 9.55 |
Values and labels as reported in the issue data.
Company information
Company profile
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.
Strengths
- Strong Leadership Team: Guided by experienced promoters and management professionals with deep industry knowledge.
- Robust Client Network: Builds and maintains long-term partnerships with a broad and diverse customer base.
- Customized Product Solutions: Delivers copper wire rods tailored to meet specific needs across multiple industries.
Risk factors
- Legal Exposure: Ongoing litigations may affect the company’s reputation, operations, and financial results if outcomes are unfavorable.
- Regional Dependence: Significant reliance on Gujarat operations increases vulnerability to local economic or regulatory challenges.
- Thin Profit Margins: Operating in a competitive, high-volume, low-margin segment limits profitability and financial flexibility.
Promoters
Mr Shantilal Kailashchandra Shah
Mr Suchitkumar Maheshbhai Patel
Mr Piyush Giriraj Shah
Mr Radheshayam Jankilal Shah
Mr Parth Maheshbhai Patel
Mr Pratik Radheshyam Shah
Mrs Kailashben Radheshyam Shah
Registrar & documents
Lead manager
Beeline Capital Advisors Private Limited
Registrar & contacts
Link Intime India Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Office at Survey No. 130 P & 131 State Highway No. 69 Sampa Lavad Road Village Suja Na Muvada, Post-Sampa, Dehgam-382315
+91 6357076561
[email protected]Company website ↗Understanding PARMESHWAR IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.