What is the issue size of Paramount Speciality Forgings Ltd IPO?

The issue size of the Paramount Speciality Forgings Ltd IPO is 323400000.00.

What is 'pre-apply' for Paramount Speciality Forgings Ltd IPO?

Pre-apply will allow you to apply for the Paramount Speciality Forgings Ltd IPO 2 days before the subscription period starts.

If I pre-apply for Paramount Speciality Forgings Ltd IPO, when will my order get placed?

Your order will be placed on the exchange as soon as the Paramount Speciality Forgings Ltd IPO bidding starts. You will receive a UPI request within 24 hours after the bidding period opens.

When will I know if my Paramount Speciality Forgings Ltd IPO order is placed?

We will notify you when your Paramount Speciality Forgings Ltd IPO order is placed with the exchange.

What are the open and close dates of the Paramount Speciality Forgings Ltd IPO?

Paramount Speciality Forgings Ltd IPO will be open between 17 Sep '24 and 20 Sep '24.

What is the lot size and minimum order quantity of the Paramount Speciality Forgings Ltd IPO?

Paramount Speciality Forgings Ltd IPO lot size is 2000 and minimum order quantity is 4000.

What is the allotment date for the Paramount Speciality Forgings Ltd IPO?

Paramount Speciality Forgings Ltd IPO allotment date is 23 Sep '24. For Paramount Speciality Forgings Ltd IPO allotment status check, you can visit the website of the registrar of the IPO.

Who is the registrar of Paramount Speciality Forgings Ltd IPO?

For Paramount Speciality Forgings Ltd, the IPO registrar is PURVA. You can check Paramount Speciality Forgings Ltd IPO allotment status on the website of the registrar.

Where is the Paramount Speciality Forgings Ltd IPO getting listed?

The shares are proposed to be listed on the NSE - SME.

Paramount Speciality Forgings IPO

Paramount Speciality Forgings Ltd

₹1,14,000 /2000 sharesMinimum Investment

Paramount Speciality Forgings IPO DetailsBidding DatesMin. InvestmentLot SizePrice Range
17 Sep ‘24 - 20 Sep ‘24₹1,14,0002,000₹57 - ₹59
Issue SizeIPO Doc
32.34CrRHP PDF
Subscription rateAs of 19 Sep'24, 06:00 PM
Qualified Institutional Buyers0x
Non-Institutional Investor0x
Retail Individual Investor0x
Total6.07955124936257x
About Paramount Speciality Forgings
Paramount Specialty Forgings is a manufacturer of steel forgings, offering a wide range of forged products. The company’s product lineup includes tube sheet blanks, forged rings, spacers, girth flanges, tyre rings, self-reinforced nozzles, long weld neck flanges, seats, valve bodies, and bonnets. These products are used in industrial sectors such as petrochemicals, chemicals, fertilisers, oil & gas, nuclear power, and other heavy engineering industries.
The company has two manufacturing units located in Kamothe and Khalapur, Maharashtra.;Founded in
1994
Managing director
Mr. Aliasgar Roshan Hararwal
Parent organisation
Paramount Speciality Forgings Ltd
Strengths & Financials of Paramount Speciality ForgingsStrengths
Risks
Paramount Specialty Forgings claims to have developed and maintained an integrated management system (IMS), which covers all necessary processes and interactions. 
The company's closed die forging plant has two pneumatic air hammers (2T and 5T) and a 1.5 MT drop forge hammer, enabling the production of single-piece forgings of up to 120 kilograms.
At the Khalapur Plant, the ring rolling facility has an automated 3,500 T hydraulic blanking press and a radial-axial ring rolling mill. This facility can produce different types of forgings, including seamless rolled rings with a diameter of up to 3,500 mm, a height of up to 750 mm, and a weight of up to five metric tonnes.
The company’s plants are ISO 9001-2008 certified for quality management systems, ISO 14001-2004 certified for environmental management systems, and BS OHSAS 18001-2007 certified for occupational health and safety systems. 
The company’s closed die manufacturing and ring rolling facilities are capable of producing a diverse product range, including flanges, non-standard forgings, valve components, gear rings & blanks, bearing races, slew rings, turbine rings, and other customised forgings. These products are available in all grades of carbon, alloy, stainless, duplex, super duplex, and other nickel alloy-based materials.
The company has seen a consistent increase in revenue from operations over the past few years. Revenue from operations increased from Rs 51.63 crore in FY21 to Rs 87.58 crore in FY22 to Rs 110.36 crore in FY23.
Paramount Speciality Forgings Financials
*All values are in Rs. Cr
No Graph Data To Display
Application Details of Paramount Speciality Forgings IPOApply asPrice bandApply upto
Regular₹57 - 59₹2 Lakh
High Networth Individual₹57 - 59₹2 - 5 Lakh
For Paramount Speciality Forgings IPO, eligible investors can apply as Regular.

Bidding Dates	Min. Investment	Lot Size	Price Range
17 Sep ‘24 - 20 Sep ‘24	₹1,14,000	2,000	₹57 - ₹59

Issue Size	IPO Doc
32.34Cr	RHP PDF

Apply as	Price band	Apply upto
Regular	₹57 - 59	₹2 Lakh
High Networth Individual	₹57 - 59	₹2 - 5 Lakh

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Qualified Institutional Buyers	0x
Non-Institutional Investor	0x
Retail Individual Investor	0x
Total	6.07955124936257x