Parmeshwar Metal Limited

Company Profile
Company Name Parmeshwar Metal Limited
Open Date 02-01-2025
Close Date 06-01-2025
Exchange BSE SME
Lot Size 2,000 Shares
Issue Price ₹57 to ₹61 per share
Issue Size 40,56,000 shares
Application Amount ₹1,22,000
Recommendation Apply
Parmeshwar Metal Limited was originally incorporated on Aug 04, 2016. The registered office is located at Gujarat, India. The company is engaged in the business of manufacturing of copper wire and copper wire rods by recycling of copper scrap. The company derives majority of its revenue from the sale of copper wire rod. The company has 26 full-time employees and 45 contract labours as on Oct 31, 2024.
(Read more on the review)

Financial Summary in Lakhs

For the Period Ended Mar-22 Mar-23 Mar-24 Oct-24
Revenue 90,204.45 97,194.01 1,10,022.8 75,576.4
EBITDA 1,152.03 1,365.57 1,112.28 779.88
Net Profit 685.16 889.54 721.92 570.29
RoCE 33.67% 31.54% 24.24% 16.02%*
ROE 32.48% 29.66% 19.40% 13.60%*
P/E 10.02 7.71 9.50 9.57*

Tentative Timeline

Opening Date 02-01-2025
Closing Date 06-01-2025
Basis of Allotment 07-01-2025
Initiation of Refunds 08-01-2025
Credit of Shares to Demat 08-01-2025
Listing Date 09-01-2025

Objects of the Issue

Setting up a new manufacturing facility at Dehgam, Gujarat, for manufacturing of Bunched copper wire and 1.6 MM Copper Wire Rod
Furnace renovation for copper melting
To Meet Working Capital Requirements
General corporate purposes

Contact Information

Registered Office Parmeshwar Metal Limited Office at Survey No. 130 P & 131 State Highway No. 69 Sampa Lavad Road Village Suja Na Muvada, Post-Sampa, Dehgam-382315
Phone +91 6357076561
Email cs@parmeshwarmetal.com
Website https://www.parmeshwarmetal.com/

Registrar Details

Name Link Intime India Private Limited
Phone +91-22-4918 6270
Email parmeshwar.smeipo@linkintime.co.in
Website https://linkintime.co.in/Initial_Offer/public-issues.html

IPO Reservation

QIB Shares Offered Not more than 50% of the Net Issue
Retail Shares Offered Not less than 35.00% of the Net Issue
NII (HNI) Shares Offered Not less than 15.00% of the Net Issue

Shareholding Pattern

Shareholding Pre Issue (Promoters) 96.33%
Shareholding Post Issue (Promoters) 70.81%

Contact Us to Enable Your Success!