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Parmeshwar Metal Ltd.

Metal - Non Ferrous

IPO Details
  • Issue Type Book building
  • Price range Rs.57-61
  • Market Lot 2000
  • Total Equity Shares 2902000
  • Face Value Rs. 10
  • Listing Date Jan 09, 2025
IPO Timeline
Opening date Jan 02, 2025
Closing date Jan 06, 2025
Listing Date Jan 09, 2025

IPO Details

Our Product Portfolio offers 1.6 MM, 8 MM, and 12.5 MM copper wire rods and each available tailored made to meetcustomer specifications. At our manufacturing facility, we have an in-house testing lab, for testing our raw materials andfinished products to match the quality standards as specified and required by our customers. We strive to meet the healthand safety standards in our manufacturing process by providing safety tools like fire safety helmets, shoes, hand gloves,face visor, welding black goggles etc. Copper is one of the most recycled metals of all the metals. The recycling of copperscrap is gaining importance worldwide simply because of the fact that recovery of copper metal from scrap requires muchless energy than its recovery made from primary source. Besides, it enables conservation of natural resources.

Projects

1. Project Name: Setting up a new manufacturing facility at Dehgam, Gujarat for manufacturing of Bunched copper wire

Project Cost: 21.808

2. Project Name: Funding of capital expenditure for Furnace renovation

Project Cost: 18.667

3. Project Name: To Meet Working Capital Requirements

Project Cost: 139.217

Promoters

Prmoters Name

1. Shantilal Kailashchandra Shah

2. Suchitkumar Maheshbhai Patel

3. Piyush Giriraj Shah

4. Radheshayam Jankilal Shah

5. Parth Maheshbhai Patel

6. Pratik Radheshyam Shah

7. Kailashben Radheshyam Shah

Prmoters Holdings
  • Pre Share Capital: 10837500
  • Pre Promoter Holding: 96.33
  • Offer to Public: 4100000
  • Post Share Capital: 10837500
  • Post Promoter Holding: 70.81

Registrar

Data not availble

Lead Managers

  • Beeline Capital Advisors Pvt Ltd.

Subscription Details

Field Description Field Value
Ipo Code 2987
Total Equity 2902000

Field Description Field Value
No of Shares Offered/Reserved For Qualified Institutional Buyers 770000
No of Shares Bid For Qualified Institutional Buyers 136534000
Total No of Shares Bid For Qualified Institutional Buyers 177.32
No of Shares Offered/Reserved For Foreign Institutional Buyers 0
No of Shares Bid For Foreign Institutional Buyers 60856000
Total No of Shares Bid For Foreign Institutional Buyers 0.00
No of Shares Offered/Reserved For Mutual Fund 0
No of Shares Bid For Mutual Fund 900000
Total No of Shares Bid For Mutual Fund 0.00
No of Shares Offered/Reserved For Qualified Institutional Buyers - Others 0
No of Shares Bid For Qualified Institutional Buyers - Others 74778000
Total No of Shares Bid For Qualified Institutional Buyers - Others 0.00

Field Description Field Value
No of Shares Offered/Reserved For Non-Institutional Buyers 784000
No of Shares Bid For Non-Institutional Buyers 695418000
Total No of Shares Bid For Non-Institutional Buyers 887.01
No of Shares Offered/Reserved For Corporate 0
No of Shares Bid For Corporate 26976000
Total No of Shares Bid For Corporate 0.00
No of Shares Offered/Reserved For Individuals 0
No of Shares Bid For Individuals 662602000
Total No of Shares Bid For Individuals 0.00
No of Shares Offered/Reserved For Individuals - Others 0
No of Shares Bid For Individual Others 5840000
Total No of Shares Bid For Individual Others 0.00

Field Description Field Value
No of Shares Offered/Reserved For Retail Individual Investor 1348000
No of Shares Bid For Retail Individual Investor 804886000
Total No of Shares Bid For Retail Individual Investor 597.10
No of Shares Offered/Reserved For Retail Individual Investor - Cutoff 0
No of Shares Bid For Retail Individual Investor - Cutoff 565280000
Total No of Shares Bid For Retail Individual Investor - Cutoff 0.00
No of Shares Offered/Reserved For Retail Individual Investor 0
No of Shares Bid For Retail Individual Investor 239606000
Total No of Shares Bid For Retail Individual Investor 0.00

Field Description Field Value
No of Shares Offered/Reserved For Employee 0
No of Shares Bid For Employee 0
Total No of Shares Bid For Employee 0.00
No of Shares Offered/Reserved Employee - Cutoff 0
No of Shares Bid For Employee - Cutoff 0
Total No of Shares Bid For Employee - Cutoff 0.00
Total No of Shares Bid Offered/Reserved For Employee 0
No of Shares Bid Offered/Reserved For Employee 0
Total No of Shares Bid For Employee 0.00

Field Description Field Value
No of Shares Offered/Reserved For All 2902000
No of Shares Bid For All 1636838000
Total 564.04