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Parmeshwar Metal IPO is a book build IPO listing on BSE SME exchange. The company is based in Gandhinagar and caters to Metal sector. Beeline Capital Advisors Private is the merchant banker of Parmeshwar Metal IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 30th June 2024.
Parmeshwar Metal IPO open date is 2nd January 2025 and close date is 6th January 2025. IPO Allotment Date is 7th January 2025 and Listing date is 9th January 2025.Parmeshwar Metal IPO size is Rs 24.74 Cr. crores with IPO price of Rs 61.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Beeline Capital Advisors Private Limited is the book-running lead manager of the Parmeshwar Metal IPO. Link Intime India Private Limited is the Registrar and Market Maker is Spread X Securities Private Limited for Parmeshwar Metal IPO.
Parmeshwar Metal IPO anchor investors are the below investors. The number of anchor investors in this IPO is 6.
| Anchor Investor Name | No. of shares Allotted | Offer Price (in Rs.) | Amount Invested (in Rs.) |
|---|---|---|---|
| Next Orbit Growth | 328,000.00 | ₹61.00 | ₹20,008,000.00 |
| J4S Venture Fund | 164,000.00 | ₹61.00 | ₹10,004,000.00 |
| Matterhorn India Fund | 164,000.00 | ₹61.00 | ₹10,004,000.00 |
| Saint Capital Fund | 164,000.00 | ₹61.00 | ₹10,004,000.00 |
| Shine star build | 164,000.00 | ₹61.00 | ₹10,004,000.00 |
| Albula Investment Fund | 170,000.00 | ₹61.00 | ₹10,370,000.00 |
Parmeshwar Metal IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Parmeshwar Metal IPO, based in Gandhinagar, operates in the Metal sector with a focus on Manufactures copper wire and rods by recycling copper scrap. The company is launching its SME IPO on the BSE SME exchange, using the Book Building Issue method. Parmeshwar Metal IPO size is ₹ 24.74 Cr. Crores with fresh issue size of Rs 24.74 Cr. Crores and Offer for sale being Nil.
The IPO allotment date for Parmeshwar Metal IPO is expected to be 7th January 2025, after the finalization of basis of allotment. Investors can check Parmeshwar Metal IPO allotment status on the registrars website, Link Intime India Private Limited. Parmeshwar Metal IPO refund dates are 8th January 2025.
Parmeshwar Metal IPO is expected to be listed on 9th January 2025.
The upper price band for the Parmeshwar Metal IPO is set at ₹ 61.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Parmeshwar Metal IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Parmeshwar Metal IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 6th January 2025. After submission, funds are blocked until the basis of allotment of Parmeshwar Metal IPO is finalised.
The merchant banker for Parmeshwar Metal IPO is Beeline Capital Advisors Private Limited . Beeline Capital Advisors Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Parmeshwar Metal IPO RHP for further details.
The registrar for Parmeshwar Metal IPO is Link Intime India Private Limited. Investors can go to Link Intime India Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Parmeshwar Metal IPO through their official website or helpline.
Parmeshwar Metal IPO was subscribed 607.07 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 24.74 Cr.
Avg IPO Size (Sector Based)
:
₹ 23.14 Cr.
Sector: Metal
SME IPO so far:
12
Merchant Banker:
Beeline Capital
SME IPO by BRLM so far:
47
City:
Gandhinagar
SME IPO so far:
15
Revenue (annualised):
₹ 1,813.82 cr.
PE
Ratio:
9.55x
Average Sector PE Ratio: 20.67x
Parmeshwar Metal IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Parmeshwar Metal Financial Review Page
Merchant Banker(s) of Parmeshwar Metal IPO: Beeline Capital Advisors Private Limited
Parmeshwar Metal IPO subscription was 607.07 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Parmeshwar Metal IPO listed at a listing price of 84.50 against the offer price of 61.00.
The current market price of Parmeshwar Metal is 65.06.
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