Paramount Speciality Forgings IPO

Listed Listed stocks

Paramount Speciality Forgings IPO Details

  • Bidding Date

    17-Sep-2024 to
    19-Sep-2024

  • Issue Size

    ₹32.34 Cr

  • Price Band

    ₹57 to ₹59

  • Allotment date

    20-Sep-2024

  • Listing date

    25-Sep-2024

  • Lot size

    2000

  • No. of shares

    54,82,000

  • Fresh issue/OFS

    ₹28.33 Cr/₹4.01 Cr

About Paramount Speciality Forgings Company

Paramount Speciality Forgings Limited was incorporated in the financial year 2023-24, continuing a legacy of over 25 years in the forged products business. Paramount Speciality Forgings is a prominent manufacturer of steel forgings in India, offering a diverse range of forged components. The company’s product portfolio includes flanges, valve components, gear rings, bearing races, and more, catering to industries such as petrochemicals, chemicals, fertilizers, oil and gas, nuclear power, and heavy engineering. With two manufacturing facilities in Kamothe and Khalapur, Maharashtra, and a focus on precision and quality control, the company serves a wide range of industrial applications.

Subscription Status

  • Category

    Status

  • QIBs

    --

  • NIIs

    --

  • Retail

    --

  • Others

    --

  • Total

    6.1x

Paramount Speciality Forgings Financials

ipo banner

Recent IPOs

Name Price Band (Rs) Bidding Date
Turtlemint Fintech Solutions 144 - 152 19-Jun-2026 to 23-Jun-2026
Anubhav Plast 77 - 80 19-Jun-2026 to 23-Jun-2026
Riyaasat Lifestyle 102 - 108 18-Jun-2026 to 22-Jun-2026
Avience Biomedicals 196 - 208 18-Jun-2026 to 22-Jun-2026
IPO MonitorIPO Monitor

FAQs for Paramount Speciality Forgings IPO.

The issue size of Paramount Speciality Forgings is ₹32.34 Cr.

Paramount Speciality Forgings falls into Metal Processing industry.

The Paramount Speciality Forgings IPO will be listed on BSE.

The open and close dates for the Paramount Speciality Forgings are 17-Sep-2024 & 19-Sep-2024.

The price band for the Paramount Speciality Forgings ipo is ₹57 to ₹59

The listing date of Paramount Speciality Forgings IPO is 25-Sep-2024.

The purpose of this IPO is to raise fresh capital as well as enable the existing shareholders to sell their stake.

Paramount Speciality Forgings total subscription ratio is 6.1X.

Key financial of the Paramount Speciality Forgings are:


Paramount Speciality Forgings FY-24 FY-23 FY-22
Revenue (₹ Cr) 102.8 110.36 87.58
EBIT (₹ Cr) 8.83 3.13 0.28
Proft after Tax (₹ Cr) 5.4 2.75 3.13
Debt (₹ Cr) 24.93 19.57 10
Net Worth (₹ Cr) 22.96 15.66 19.7
RoE (%) 23.54 17.56 15.89