Parmeshwar Metal

Price
₹57 - ₹61
Lot
2000
Subs.
157.18
Expected Listing Earning

Exp. Premium(GMP):
37.21(61.00%)
IPO Details

Open Date: 02-Jan-2025
Close Date: 06-Jan-2025
Allotment Date: 07-Jan-2025
Listing Date: 09-Jan-2025
Listing Price: N/A
Face Value: ₹₹10 Per Equity Share Per Equity Share
Issue Price: ₹₹57-61 per equity share Per Equity Share
Issue Size: 40,56,000 shares(aggregating up to ₹24.74 Cr)
Market Lot (Min Amount): 2000 Shares (₹122,000/-)
Valuations

Earning Per Share(EPS)₹7.91/-
P/E Ratio7.1
RoNWN/A
Net Asset Value (NAV) - Post Issue:₹N/A/-
Company Financials (in Crore)

 Total AssetsTotal RevenueProfit After Tax
31 Mar,20247,010.271,10,246.35721.93
31 Mar,20235,412.4297,270.61889.53
31 Mar,20224,112.8990.227.47685.16
Promoter(s)

Pre Issue Share HoldingN/A
Post Issue Share HoldingN/A
Company Promoter(s)
1. Mr Shantilal Kailashchandra Shah
2. Mr Suchitkumar Maheshbhai Patel
3. Mr Piyush Giriraj Shah
4. Mr Radheshayam Jankilal Shah
5. Mr Parth Maheshbhai Patel
6. Mr Pratik Radheshyam Shah
7. Mrs Kailashben Radheshyam Shah
Issue Objective(s)

  1. Setting up a new manufacturing facility at Dehgam, Gujarat, for manufacturing of Bunched copper wire and 1.6 MM Copper Wire Rod.
  2. Furnace renovation for copper melting
  3. To Meet Working Capital Requirements.
  4. General Corporate Purpose
About Company

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.

Disclaimer

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