Parmeshwar Metal IPO description – Parmeshwar Metal is an ISO 9001:2015 certified company that manufactures copper wire and copper wire rods by recycling copper scrap. The manufacturing facility is located in Dehgam, Gujarat. The company produces copper wire rods suitable for various applications, including power cables, building wires, transformers, the automotive industry, household cables, and bare and enameled wires. The company’s product portfolio includes 1.6 mm, 8 mm, and 12.5 mm copper wire rods.
These industries utilize a range of specialized machinery, including chimneys, compressed air dryers, baling presses, melting furnaces, weighbridges and scales, oxygen analyzers, diesel generator sets (DG sets), and rolling mills, among others. The company procures copper scrap from various regions in India, including Gujarat, Madhya Pradesh, Dadra & Nagar Haveli, West Bengal, Delhi, Rajasthan, Karnataka, Goa, Tamil Nadu, Telangana, and Chhattisgarh.
Additionally, Parmeshwar Metal imports copper scrap from countries like the UAE, Hong Kong, and Singapore. As of 31 October 2024, the company has 71 employees.
Promoters of Parmeshwar Metal – Mr. Shantilal Kailashchandra Shah, Mr. Suchitkumar Maheshbhai Patel, Mr. Piyush Giriraj Shah, Mr. Radheshayam Jankilal Shah, Mr. Parth Maheshbhai Patel, Mr. Pratik Radheshyam Shah, and Mrs. Kailashben Radheshyam Shah
Table of Contents
Parmeshwar Metal IPO Details
| Parmeshwar Metal IPO Dates | 2 – 6 January 2025 |
| Parmeshwar Metal Issue Price | INR 57 – 61 per share |
| Fresh issue | 40,56,000 shares (INR 23.12 – 24.74 crore) |
| Offer For Sale | NIL |
| Total IPO size | 40,56,000 shares (INR 23.12 – 24.74 crore) |
| Minimum bid (lot size) | 2,000 share (INR 1,22,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | BSE SME |
Parmeshwar Metal Financial Performance
| Â | FY 2022 | FY 2023 | FY 2024 | 7M FY 2025 |
| Revenue | 902.04 | 971.94 | 1,100.23 | 755.76 |
| Expenses | 892.82 | 960.80 | 1,092.51 | 749.67 |
| Net income | 6.85 | 8.90 | 7.22 | 5.70 |
Parmeshwar Metal Offer News
- Parmeshwar Metal RHP
- Parmeshwar Metal Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2024
Parmeshwar Metal Valuations & Margins
| FY 2022 | FY 2023 | FY 2024 | |
| EPS | 6.09 | 7.91 | 6.42 |
| PE ratio | – | – | 8.88 – 9.50 |
| RONW (%) | 32.48 | 29.66 | 19.40 |
| NAV | 18.75 | 26.66 | 33.07 |
| ROCE (%) | 21.92 | 22.39 | 17.51 |
| EBITDA (%) | 1.28 | 1.41 | 1.01 |
| Debt/Equity | 0.66 | 0.55 | 0.59 |
Parmeshwar Metal IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 2 January 2025 | 22 | – | 32,000 |
Parmeshwar Metal IPO Subscription – Live Updates
The market maker reservation portion of 2,06,000 shares and anchor investor portion of 11,54,000 shares are not included in the above calculations.
Parmeshwar Metal IPO Allotment Status
Parmeshwar Metal IPO allotment status will be available on Link Intime’s website. Click on Link Intime IPO weblink to get allotment status.
Parmeshwar Metal IPO Dates & Listing Performance
| IPO Opening Date | 2 January 2025 |
| IPO Closing Date | 6 January 2025 |
| Finalization of Basis of Allotment | 7 January 2025 |
| Initiation of refunds | 8 January 2025 |
| Transfer of shares to demat accounts | 8 January 2025 |
| IPO Listing Date | 9 January 2025 |
| Opening Price on BSE SME | Coming soon |
| Closing Price on BSE SME | Coming soon |
Parmeshwar Metal Offer Lead Manager
BEELINE CAPITAL ADVISORS PRIVATE LIMITED
B 1311-1314, Thirteenth Floor, Shilp Corporate Park,
Rajpath Rangoli Road, Thaltej, Ahmedabad- 380054, Gujarat
Phone: 079 4918 5784
Email:Â [email protected]
Website:Â www.beelinemb.com
Parmeshwar Metal Offer Registrar
LINK INTIME INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park L.B.S. Marg,
Vikhroli West, Mumbai – 400 083, Maharashtra
Telephone:Â +91 810 811 4949
Email:Â [email protected]
Website:Â www.linkintime.co.in
Parmeshwar Metal Issue Contact Details
PARMESHWAR METAL LIMITED
Office at Survey No. 130 P & 131, State Highway No. 69,
Sampa Lavad Road, Village Suja Na Muvada,
Post-Sampa Gandhinagar, Dehgam, Gujarat- 382315
Phone: +91 6357076561
E-mail: [email protected]
Website: www.parmeshwarmetal.com
IPO FAQs
What is the Parmeshwar Metal offer size?
Parmeshwar Metal offer size is INR 23.12 – 24.74 crores.
What is the Parmeshwar Metal offer price band?
Parmeshwar Metal public offer price is INR 57 – 61 per share.
What is the lot size of the Parmeshwar Metal IPO?
Parmeshwar Metal offer a lot size is 2,000 shares.
What is Parmeshwar Metal IPO GMP today?
Parmeshwar Metal IPO GMP today is INR 22 per share.
What is the Parmeshwar Metal kostak rate today?
Parmeshwar Metal kostak rate today is INR NA per application.
What is Parmeshwar Metal Subject to the Sauda rate today?
Parmeshwar Metal is Subject to the Sauda rate today is INR 32,000 per application.
