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Paramount Speciality Forgings IPO Draws Strong Interest with 6.08x Subscription on Day 3

Paramount Speciality Forgings IPO was subscribed 6.08 times on Day 3, reflecting a strong investor response and confidence in the company's potential across different market segments.
Paramount Speciality Forgings IPO Draws Strong Interest with 6.08x Subscription on Day 3

Paramount Speciality Forgings IPO achieved a subscription rate of 6.08 times on Day 3, indicating a positive investor response. This level of interest suggests a solid market reception and confidence in the company’s potential among various investor groups.

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Paramount Speciality Forgings 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.

How to check Paramount Speciality Forgings IPO Subscription Status?

Steps to check Paramount Speciality Forgings Limited IPO subscription status on NSE

Following are the steps to check it through the NSE website

  • Visit NSE‘s official website.
  • Navigate to the ‘Market Data’ tab.
  • Choose ‘IPO’.
  • Select the ‘Paramount Speciality Forgings Limited IPO’ to check its subscription status.
  • Opt for either NSE Bid details or Consolidated Bid details.
  • Explore the total number of bids received from various investors. 

Paramount Speciality Forgings Limited IPO Allotment Status

The allotment date for the Paramount Speciality Forgings Limited IPO is set for September 20, with shares priced 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.

Paramount Speciality Forgings Limited IPO Listing Date 

Paramount Speciality Forgings Limited IPO is expected to be listed on the NSE SME on September 24, 2024.

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