IPO IPO-Synopsis
Parmeshwar Metal Ltd

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Registered Office: Sy.No.130P & 131 S.H.Ways #.69,Sampa Lavad Rd (V) Post.Sampa , Dehgam - 382315 , Gujarat , India.
Phone : +91 63570 76561   Fax:
Email :  cs@parmeshwarmetal.com  
Website :  www.parmeshwarmetal.com
Initial public issue of upto 4056000 equity shares of face value of Rs10/- each of Parmeshwar Metal Limited ("PML" or the "Company" or the "Issuer") for cash at a price of Rs61/- per equity share including a share premium of Rs51/- per equity share (the "Issue Price") aggregating to Rs24.74 crores ("The Issue"), of which 206000 equity shares of face value of Rs10/- each for cash at a price of Rs61/- per equity share including a share premium of Rs51/- per equity share aggregating to Rs1.26 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 Rs10/- each at a price of Rs61/- per equity share ncluding a share premium of Rs51/- per equity share aggregating to Rs23.48 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-25 06-Jan-25 Rs61.00-0.00 Rs0.00-0.00
Minimum Application for shares in Nos :2000  Further Multiples of :2000

  Rs 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 Rs61.00  
Projects
Setting up a new mfg facility atTo meet working capital requirements
Funding of capital expenditure for furance renovationGeneral corporate purposes
Promoted By
Shantilal Kailashchandra Shah
Suchitkumar Maheshbhai Patel
Piyush Giriraj Shah
Listing At
BSE - SME 
Registrar to the Issue
MUFG Intime India Pvt Ltd