Language
Paramount Forge IPO Opens On 17 Sep: Know All About It Here
HomeHome > News > Paramount Forge IPO Opens On 17 Sep: Know All About It Here
LATEST NEWS

Paramount Forge IPO Opens On 17 Sep: Know All About It Here

Oct 14, 2024

Last updated on September 25, 2024

Paramount Forge IPO description – Paramount Speciality Forgings is a manufacturer of steel forgings in India, offering a diverse selection of forged products. The company has invested in a range of machinery to enhance and diversify its manufacturing capabilities. It can now produce and supply forged components ranging in weight from 1 kg to 4 metric tons, available in both rough or finish-machined conditions. Paramount Forge manufactures a variety of forged products, including tube sheet blanks, forged rings, spacers, girth flanges, tire rings, self-reinforced nozzles, long weld neck flanges, seats, valve bodies, and bonnets.

Paramount Forge owns and operates two manufacturing facilities: one in Kamothe and the other in Khalapur, Maharashtra. Its closed die forging plant is equipped with two pneumatic air hammers, 2T and 5T, along with a drop forge hammer with a capacity of 1.5 MT. These tools enable the production of single-piece forgings weighing up to 120 kg.

On the other hand, the ring rolling facility at the Khalapur plant is equipped with an automated 3,500T hydraulic blanking press and a radial-axial ring rolling mill. This setup allows the production of a variety of forgings and can forge seamless rolled rings with a diameter of up to 3,500 mm, a height of up to 750 mm, and a weight of up to 5 MT.

Promoters of Paramount Speciality Forgings – Mr. Aliasgar Roshan Hararwala, Mr. Aliasgar Abdulla Bhagat, Mr. Mohammed Salim Hararwala, Mr. Abdulla Aliasgar Bhagat, Mr. Hoozefa Saleem Hararwala, Mr. Abbasali Salim Hararwala, Mr. Zahid Mohamadi Hararwala, and Mr. Roshan Alihusain Hararwala.

The market maker reservation portion of 2,76,000 shares and anchor allocation portion of 15,60,000 shares is not included in the above calculations.

Paramount Forge IPO allotment status is now available on Purva Sharegistry’s website. Click on this link to get allotment status.

Paramount Forge Offer Lead Manager

SWARAJ SHARES AND SECURITIES PRIVATE LIMITED304, A Wing, 215 Atrium Near Courtyard Marriot,Andheri Kurla Road, Andheri East, Mumbai – 400093Maharashtra, IndiaPhone: +91-22-6964-9999Email: [email protected]Website: www.swarajshares.com

PURVA SHAREGISTRY (INDIA) PRIVATE LIMITED9, Shiv Shakti Industrial Estate, J.R. Boricha Marg, LowerParel (East) Mumbai-400011, Maharashtra IndiaPhone: +91 022 2301 8261Email: [email protected]Website: www.purvashare.com

PARAMOUNT SPECIALITY FORGINGS LIMITED3, 1, Guru Himmat Building, Dr. Mascarenhas Road, Anjirwadi, Mazgaon, Mumbai, 400010Phone: +91-22-2373-2656E-mail: [email protected]Website: www.paramountforge.org

Paramount Forge offer size is INR 31.25 – 32.34 crores.

Paramount Forge public offer price is INR 57 – 59 per share.

Paramount Forge offer lot size is 2,000 shares.

Paramount Forge IPO GMP today is INR NA per share.

Paramount Forge kostak rate today is INR NA per application.

Paramount Forge is Subject to the Sauda rate today is INR NA per application.

Paramount Forge IPO descriptionPromoters of Paramount Speciality Forgings – Mr. Aliasgar Roshan Hararwala, Mr. Aliasgar Abdulla Bhagat, Mr. Mohammed Salim Hararwala, Mr. Abdulla Aliasgar Bhagat, Mr. Hoozefa Saleem Hararwala, Mr. Abbasali Salim Hararwala, Mr. Zahid Mohamadi Hararwala, and Mr. Roshan Alihusain Hararwala.Paramount Speciality Forgings IPO DetailsParamount Forge IPO DatesParamount Forge Issue PriceFresh issueOffer For SaleTotal IPO sizeMinimum bid (lot size)Face Value Retail AllocationListing OnParamount Speciality Forgings Financial PerformanceFY 2022FY 2023FY 2024RevenueExpensesNet incomeINR Crores Paramount Forge Offer NewsParamount Forge RHPParamount Forge Draft ProspectusASBA IPO FormsLive IPO Subscription StatusIPO Allotment StatusParamount Forge Valuations & MarginsFY 2022FY 2023FY 2024EPSPE ratioRONW (%)NAVROCE (%)EBITDA (%)Debt/Equity Paramount Forge IPO GMP TodayDateConsolidated IPO GMPKostakSubject to SaudaParamount Speciality Forgings IPO Subscription – Live UpdatesParamount Forge IPO Allotment Statusthis link Paramount Forge IPO Dates & Listing PerformanceIPO Opening DateIPO Closing DateFinalization of Basis of AllotmentInitiation of refundsTransfer of shares to demat accountsParamount Forge IPO Listing DateOpening Price on NSE SMEClosing Price on NSE SMEParamount Forge Offer Lead ManagerSWARAJ SHARES AND SECURITIES PRIVATE LIMITEDPhoneEmailWebsiteParamount Forge Offer RegistrarPURVA SHAREGISTRY (INDIA) PRIVATE LIMITEDPhone:Email:WebsiteParamount Forge IPO Contact DetailsPARAMOUNT SPECIALITY FORGINGS LIMITEDPhone:E-mail:Website:Paramount Speciality Forgings IPO FAQsWhat is the Paramount Speciality Forgings I size? INR 31.25 – 32.34 croresWhat is the Paramount Forge offer price band? INR 57 – 59 per shareWhat is the lot size of the Paramount Forge IPO? 2,000 shares.What is Paramount Forge IPO GMP today? INR NA per shareWhat is the Paramount Forge kostak rate today?INR NA per applicationWhat is Paramount Forge Subject to the Sauda rate today?INR NA per application