IPO Synopsis

Parmeshwar Metal Ltd
Registered Office: Sy.No.130P & 131 S.H.Ways #.69,Sampa Lavad Rd (V) Post.Sampa,Dehgam-382315, Gujarat
Tel. No: +91 63570 76561
Fax No:
Email: cs@parmeshwarmetal.com
Website: www.parmeshwarmetal.com
Initial public issue of upto 4056000 equity shares of face value of Rs. 10/- each of Parmeshwar Metal Limited ("PML" or the "Company" or the "Issuer") for cash at a price of Rs. 61/- per equity share including a share premium of Rs. 51/- per equity share (the "Issue Price") aggregating to Rs. 24.74 crores ("The Issue"), of which 206000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 61/- per equity share including a share premium of Rs. 51/- per equity share aggregating to Rs. 1.26 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 385000 equity shares of face value of Rs. 10/- each at a price of Rs. 61/- per equity share ncluding a share premium of Rs. 51/- per equity share aggregating to Rs. 23.48 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 26.50% and 25.15%, respectively, of the post issue paid up equity share capital of the company.
Issue Money Payable On
Opens On Closes On Application Allotment
02-Jan-2025 06-Jan-2025 ₹61.00 - 0.00 ₹0.00 - 0.00
Minimum Application for shares in Nos : 2000 Further Multiples of :2000
(₹ Cr) Lead Managers to the Issue
Project Cost 21.99 Beeline Capital Advisors Pvt Ltd
Project Financed through Current Offer 24.74
Post Issue Equity Share Capital 15.31
Issue Price 61.00
Projects
Setting up a new mfg facility at
Funding of capital expenditure for furance renovation
To meet working capital requirements
General corporate purposes
Promoted By
Shantilal Kailashchandra Shah
Suchitkumar Maheshbhai Patel
Piyush Giriraj Shah
Listing At
BSE - SME
Registrar To The Issue