Issue Price
₹57- ₹59
per equity share
Issue Size
39.22 lakhs
equity share
Face Value
₹ 10
per equity share
Market Lot
2000
equity share
Please note
Listing at NSE
Paramount Speciality Forgings Limited
Important Dates
IPO Open Date
17 Sep 2024
IPO Close Date
20 Sep 2024
Allotment Date
23 Sep 2024
Initiation of Refunds
24 Sep 2024
Credit of Shares to Demat Account
24 Sep 2024
IPO Listing Date
25 Sep 2024
UPI Mandate Expiry Date
20 Sep 2024
IPO Details
Paramount Speciality Forgings is open for subscription from Tuesday, September 17, 2024, and closes on Thursday, September 19, 2024. The price band for this IPO is set at Rs 57 – Rs 59 per share. Paramount Speciality Forgings IPO is offering a fresh issue of 48.02 lakh equity shares worth up to Rs 28.33 crore and an offer for sale of up to 6.80 lakh equity share amounting up to 4.01 crore. This sums up total aggregate size of 54.82 lakh equity shares up to Rs 32.34 crore. The allotment for this new IPO is expected to be finalised on Friday, September 20, 2024. The listing of this IPO will be done on Tuesday, September 24, 2024, at NSE SME segment. The minimum lot size set for the retail category is 1 lot, i.e., 2000 shares. For retail investors, the minimum and maximum investment amount required is Rs 118,000. However, for the HNI category, the minimum lot size is 2 lots, i.e., 4000 shares amounting to Rs 236,000. The IPO is managed by Swaraj shares and securities private limited, which is the book-running lead manager of this public issue. The company has appointed Purva Sharegistry India Private Limited as the registrar for the issue.Don't let another opportunity slip away. Check your IPO status now!
Check Allotment StatusAbout Paramount Speciality Forgings Limited
Parent Organisation
-
Founded
1994
Managing Director
liasgar Roshan Hararwala, Aliasgar Abdulla Bhagat, Mohammed Salim Hararwala, Abdulla Aliasgar Bhagat
IPO Objectives
How to apply for IPO
- Login to your Bigul account and select the issue in the current IPO section
- Enter the number of lots and price at which you wish to apply for
- Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange
- You will receive a mandate notification to block funds in your UPI app
- Approve the mandate request on your UPI and funds will be blocked
Open Demat Account in 5 Minutes
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