Parmeshwar Metal Limited IPO

Minimum Investment

Minimum Investment (Retail)Lots (min)Shares (QTY)
₹1,22,00012000

About Parmeshwar Metal Limited

Incorporated in August 2016, Parmeshwar Metal Limited manufactures copper wire and rods by recycling copper scrap. The company’s manufacturing unit is situated in Dehgam, Gujarat. The company is an ISO 9001:2015 certified business offering a product portfolio of 1.6 mm, 8 mm, and 12.5 mm copper wire rods, each tailored to meet customer specifications.

The company’s products are used in various industries such as power cables, building wires, transformers, the automotive industry, household cables as well as bare and enamelled wires. As of December 31, 2023 the company employees a total 89 Employees.

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Competitive Strength

  1. Experienced Promoter and Management Team
  2. Strong relationship with customers
  3. Customized Product Offering
  4. Strong and diversified supplier base for sourcing raw materials

Parmeshwar Metal Limited IPO Details

IPO DateJanuary 2, 2025 to January 6, 2025
Face Value₹10 per share
Price Band₹57 to ₹61 per share
Lot Size2,000 Shares
Total Issue Size40,56,000 shares
(aggregating up to ₹24.74 Cr)
Fresh Issue40,56,000 shares
(aggregating up to ₹ 24.74 Cr)
Issue TypeBook Built Issue IPO
Listing AtBSE SME
Share Holding Pre Issue1,12,50,000 shares
Share Holding Post Issue1,53,06,000 shares
IPO Open DateThursday, January 2, 2025
IPO Close DateMonday, January 6, 2025
Basis of AllotmentTuesday, January 7, 2025
Initiation of RefundsWednesday, January 8, 2025
Credit of Shares to DematWednesday, January 8, 2025
Listing DateThursday, January 9, 2025
Cut-off time for UPI mandate confirmation5 PM on January 6, 2025

Parmeshwar Metal Limited IPO Prospectus

Parmeshwar Metal Limited Financial Snapshot (in Lakhs)

Period Ended31 Oct 202431 Mar 202431 Mar 202331 Mar 2022
Assets6,732.677,010.275,412.424,112.89
Revenue75,730.831,10,246.3597,270.6190,227.47
Profit After Tax570.29721.93889.53685.16
Net Worth4,291.133,720.832,998.92,109.37
Reserves and Surplus3,166.132,970.832,248.91,359.37
Total Borrowing1,468.992,188.861,660.021,383.71

Parmeshwar Metal Limited Promoters Holding

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

Parmeshwar Metal Limited Contact Details

Parmeshwar Metal Limited
Office at Survey No. 130 P & 131
State Highway No. 69 Sampa Lavad Road
Village Suja Na Muvada, Post-Sampa, Dehgam-382315
Phone: +91 6357076561
Email: cs@parmeshwarmetal.com
Website: https://www.parmeshwarmetal.com/

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