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.
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, it imports copper scrap from countries like the UAE, Hong Kong, and Singapore. As of 31 December 2023, the company has 89 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 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 |
| FY 2021 | FY 2022 | FY 2023 | 9M FY 2024 | |
| Revenue | 538.28 | 902.04 | 971.94 | 839.20 |
| Expenses | 532.98 | 892.82 | 960.80 | 836.48 |
| Net income | 4.06 | 6.85 | 8.90 | 3.15 |
| FY 2021 | FY 2022 | FY 2023 | |
| EPS | 3.61 | 6.09 | 7.91 |
| PE ratio | – | – | 7.21 – 7.71 |
| RONW (%) | 26.63 | 32.48 | 29.66 |
| NAV | 12.68 | 18.75 | 26.66 |
| ROCE (%) | 25.14 | 30.36 | 27.15 |
| EBITDA (%) | 1.41 | 1.28 | 1.40 |
| Debt/Equity | 0.79 | 0.66 | 0.55 |
The market maker reservation portion as shares is not included in the above calculations.
Parmeshwar Metal IPO allotment status will be available on Link Intime’s website. Click on Link Intime IPO weblink to get allotment status.
| 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 |
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: [email protected]
Website: www.beelinemb.com
LINK INTIME INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park L.B.S. Marg,
Vikhroli West, Mumbai – 400 083, Maharashtra
Telephone: +91 810 811 4949
Email: [email protected]
Website: www.linkintime.co.in
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 NA 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 NA per application.
