Parmeshwar Metal Limited IPO has no Grey Market Premium as of January 1, 2025, with a price range of ₹57 to ₹61 per share. Offering lots of 2000 shares, the subscription window is open from January 2 to January 6, 2025.
Parmeshwar Metal Limited IPO GMP Today
The Grey Market Premium (GMP) for Parmeshwar Metal Limited is ₹0 as of January 1, 2025. This assessment coincides with a price of ₹57 to ₹61 per share for the IPO.
Parmeshwar Metal Limited IPO Review
As of September 30, 2024, the company reported total assets worth ₹6,988.78 crore and revenue of ₹1,788.24 crore. Profit after tax stood at ₹187.18 crore, showcasing a robust financial performance during the period.
The company’s net worth reached ₹3,577.44 crore, supported by reserves and surplus of ₹2,271.29 crore. Total borrowings amounted to ₹1,670.06 crore, reflecting a well-managed balance sheet with strong financial stability and growth potential.
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Parmeshwar Metal Limited IPO Date
Parmeshwar Metal Limited will start accepting subscriptions from January 2, 2025 to January 6, 2025.
Parmeshwar Metal Limited IPO Price
Parmeshwar Metal Limited’s price range is at ₹57 to ₹61 per share with a face value of ₹10 each.
Parmeshwar Metal Limited
Parmeshwar Metal Limited, established in August 2016, specializes in manufacturing copper wires and rods from recycled copper scrap at its Dehgam, Gujarat facility. ISO 9001:2015 certified, it offers products like 1.6 mm, 8 mm, and 12.5 mm rods, catering to industries including power cables, transformers, automotive, and household wires. The company employs 89 individuals as of December 31, 2023.
How To Apply For Parmeshwar Metal Limited IPO?
To apply for the Parmeshwar Metal Limited IPO through Alice Blue, follow these steps:
1. Open a Demat and Trading Account with Alice Blue if you don’t have one.
2. Access IPO details for Parmeshwar Metal Limited on the Alice Blue platform.
3. Place your bid for the desired number of shares within the IPO’s price range.
4. Confirm your information and submit your application quickly.
You can apply for the Parmeshwar Metal Limited IPO at Alice Blue in just a few clicks!
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.