Recently Viewed
Clear All
Bidding Date
02-Jan-2025 to
06-Jan-2025
Issue Size
₹24.74 Cr
Price Band
₹57 to ₹61
Allotment date
07-Jan-2025
Listing date
09-Jan-2025
Lot size
2000
No. of shares
40,56,000
Fresh issue/OFS
₹24.74 Cr /--
Parmeshwar Metal Limited was incorporated on August 4, 2016. Headquartered in Ahmedabad, Gujarat, with a manufacturing facility in Gandhinagar, the company is engaged in the production of copper wire and copper wire rods through the recycling of copper scrap. Its products cater to diverse applications, including power cables, transformers, building wires, the automotive industry, and household cables, emphasizing quality, cost efficiency, and sustainability. The company's product portfolio includes oxygen-free copper wires and rods in sizes such as 1.6 mm, 8 mm, and 12.5 mm, known for their excellent electrical conductivity, high thermal properties, and weldability. Primarily serving the domestic market (99.95% of revenue), Parmeshwar Metal Limited has also made strides in exports.
Category
Status
QIBs
177.3x
NIIs
885.1x
Retail
561.5x
Others
--
Total
547x
| Name | Price Band (Rs) | Bidding Date |
|---|---|---|
| Emiac Technologies | 93 - 98 | 27-Mar-2026 to 08-Apr-2026 |
| Safety Controls & Devices | 75 - 80 | 06-Apr-2026 to 08-Apr-2026 |
| Vivid Electromech | 528 - 555 | 25-Mar-2026 to 30-Mar-2026 |
| Amir Chand Jagdish Kumar (Exports) | 201 - 212 | 24-Mar-2026 to 27-Mar-2026 |
The issue size of Parmeshwar Metal is ₹24.74 Cr.
Parmeshwar Metal falls into Metal Processing industry.
The Parmeshwar Metal IPO will be listed on NSE.
The open and close dates for the Parmeshwar Metal are 02-Jan-2025 & 06-Jan-2025.
The price band for the Parmeshwar Metal ipo is ₹57 to ₹61
The listing date of Parmeshwar Metal IPO is 09-Jan-2025.
The purpose of this IPO is to raise fresh capital.
Parmeshwar Metal total subscription ratio is 547X.
Key financial of the Parmeshwar Metal are:
| Parmeshwar Metal | FY-24 | FY-23 | FY-22 |
|---|---|---|---|
| Revenue (₹ Cr) | 1100.22 | 971.94 | 902.04 |
| EBIT (₹ Cr) | 9.93 | 12.86 | 10.84 |
| Proft after Tax (₹ Cr) | 7.13 | 8.9 | 6.85 |
| Debt (₹ Cr) | 21.89 | 16.6 | 13.84 |
| Net Worth (₹ Cr) | 37.32 | 29.99 | 21.09 |
| RoE (%) | 19.1 | 29.66 | 32.48 |
New Process Alert 
Seems like you've uploaded a wrong QR code. Please upload the QR code downloaded from MF Central platform.
