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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Paramount Speciality Forgings Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹59
Per ShareLot Size
2000 Shares
Minimum Investment
₹1,18,000
Issue Size
₹32.34 Cr
Face Value
₹10
Per ShareIPO Type
Book Building - SME
Retail Quota
35%
QIB Quota
50%
NII Quota
15%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
100%
Issue Type
Book Building - SME
ISIN
INE0Q6001012
Paramount Speciality Forgings Limited is manufacturers of steel forgings in India with range of forged Products. Since inception in 1996, the company has expanded its business and scale of operations and has invested in an array of machinery to increase and diversify its production capabilities. Today, the company has the capacity to manufacture and supply forged components weighing from 1Kg up to 4 metric tons in rough or finish-machined condition.
The forging industry is a key link between critical manufacturing segments-metal suppliers (both ferrous and nonferrous) and end user industries. Over the years, the Indian forging industry has evolved from being a labourintensive industry to capital-intensive manufacturing sector. The forging industry of India provides direct employment to about 95,000 people. The small and very small units are mainly dependant on manual labour, however medium and large units are more mechanized. Current share of auto sector is about 58% of total forging production while the rest is with the non-auto sector. Changes in Indian automobile industry directly impact Indian forging industry, because the forging components form the backbone of the Indian automobile industry.
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Public offer of 54,82,000 equity shares of face value of Rs. 10.00/- each ("Equity Shares") of Paramount Speciality Forgings Limited (the "Company" or the "Issuer") for cash at a price of Rs. 59 per equity share (the "Offer Price") aggregating to Rs. 32.34 crores ("The Issue") comprising of a fresh issue of 48,02,000 of face value of Rs. 10.00/- each aggregating to Rs. 28.33 crores (the "Fresh Issue") and an offer for sale of 6,80,000 of face value of Rs. 10.00/- each of face value of by the promoter selling shareholders ("Offer for Sale") aggregating to Rs. 4.01 crores of which 2,76,000 of face value of Rs. 10.00/- each aggregating to Rs. 1.63 crores will be reserved for subscription by market maker to the offer (the "Market Maker Reservation Portion"). The offer less the market maker reservation portion i.e. net offer of 52,06,000 equity shares aggregating to Rs. 30.71 crores (the "Net Offer"). The offer and the net offer will constitute 27.85 and 26.45 respectively of the post-issue paid-up equity share capital of the company.
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
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*Real-time data subject to exchange updates
Paramount Speciality Forgings Limited was originally established as a partnership firm in the name and style of `Paramount Forge' under the Partnership Act, 1932 with the Registrar of Firms, Mumbai on November 01, 1994. Subsequently, the firm was converted from a Partnership Firm to a Limited Liability Partnership (LLP) and consequently the name of the firm was changed to `Paramount Speciality Forgings LLP', and a fresh certificate of incorporation dated June 27, 2019, was issued to its LLP by the RoC. The constitution of its LLP was further changed from LLP to a Public Limited Company and consequently the name of the LLP was changed to `Paramount Speciality Forgings Limited', and a fresh certificate of incorporation dated May 05, 2023, was issued to the Company by the Registrar of Companies, Mumbai at Maharashtra. The corporate identification number of the Company is U24109MH2023PLC402307.
Wholesaler and Retailer
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a standalone basis, as reported for FY24 to FY26.