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Paramount Speciality Forgings Limited IPO Allotment Status, Subscription, and IPO Details

Paramount Speciality Forgings Limited IPO allotment is set for September 23, 2024, with shares priced at ₹57 to ₹59 per share. The offering allows bidding for lots of 2000 shares or multiples thereof.
Paramount Speciality Forgings Limited IPO Allotment Status, Subscription, and IPO Details

Paramount Speciality Forgings Limited IPO Allotment Status 

The allotment date for the Paramount Speciality Forgings Limited IPO is set for September 23, 2024, with shares priced at a range from ₹57 to ₹59 per share and a face value of ₹10. The offering consists of lots of 2000 shares, with bids accepted for these lots or their multiples.

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Paramount Speciality Forgings Limited IPO Allotment Status Check 

To ascertain their allocation status for the Paramount Speciality Forgings Limited IPO, investors can easily navigate through steps provided on either the BSE platform or the IPO registrar Purva Sharegistry Link.

IPO Allotment Status BSE 

Here are steps to check Paramount Speciality Forgings Limited IPO allotment status on BSE website

Step 1: Visit BSE website 

Step 2: Select ‘Equity’ under the Issue Type

Step 3: Choose Paramount Speciality Forgings Ltd from the drop-down menu

Step 4: Enter Application No or PAN

Step 5: Click on ‘I am not a Robot’ and then hit on ‘Submit”

Steps to check Paramount Speciality Forgings Limited allotment status on Purva Sharegistry Ltd

Step 1: Visit IPO registrar website – Purva Sharegistry

Step 2: Select ‘Paramount Speciality Forgings Limited’ from the Select Company dropdown menu

Step 3: Choose from PAN, Application No, DP/Client ID, or Account No/IFSC

Step 4: Enter the details as per the option selected

Step 5: Hit the Submit button

Your Paramount Speciality Forgings Limited IPO allotment status will be reflected on the screen.

Paramount Speciality Forgings Limited IPO GMP Today

Paramount Speciality Forgings Limited IPO GMP (Grey Market Premium) is ₹0 as of September 19, 2024.

Paramount Speciality Forgings Limited IPO Subscription Status

Paramount Speciality Forgings IPO reached a subscription rate of 3.89 times on Day 2, clearly indicating robust investor interest. This substantial oversubscription highlights the strong market confidence in the company’s growth prospects and its appeal to diverse investor groups.

Paramount Speciality Forgings Limited IPO Details

Paramount Speciality Forgings IPO, valued at ₹32.34 crore, includes a fresh issue of ₹28.33 crore (48.02 lakh shares) and an offer for sale of ₹4.01 crore (6.8 lakh shares). Open from September 17 to 20, 2024, the price band is ₹57-₹59 per share. The IPO is expected to list on NSE SME on September 25, 2024.

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