Parmeshwar Metal
Listed
Listed
IPO Timeline
Issue open date
2 Jan 2025Issue close date
6 Jan 2025UPI mandate deadline
6 Jan 2025Allotment finalization
7 Jan 2025Refund initiation
8 Jan 2025Share credit
8 Jan 2025Listing date
9 Jan 2025Mandate end date
21 Jan 2025Lock-in end date for anchor investors (50%)
6 Feb 2025Lock-in end date for anchor investors (remaining)
7 Apr 2025Key Dates
Open
2 Jan 2025Close
6 Jan 2025Listing
9 Jan 2025Quick Stats
Issue Size:25cr
Lot Size:2000 shares
About the Company
Established in 2016, Parmeshwar Metal Limited, formerly Parmeshwar Metal Pvt. Ltd., is ISO 9001:2015 certified and specializes in manufacturing copper wires and rods from recycled copper scrap. With over 30 years of promoter expertise, the company serves diverse industries like power, automotive, and household wiring. Its Gujarat-based facility emphasizes quality, sustainability, and safety, aiming to expand with a new bunched copper wire production unit.
Strengths
- 30+ years of expertise driving growth
- Long-term partnerships across industries.
- ISO-certified, stringent inspections.
- Tailored wires and rods for diverse needs.
- Sourcing copper locally and globally.
Risks
- Ongoing litigation may impact business and reputation.
- Operations concentrated in Gujarat; regional issues may affect performance.
- Loss of key customers could harm revenue and profits.
- Reliance on few suppliers; loss may disrupt operations.
- Lenders have claims over company assets for finance provided.
Parmeshwar Metal IPO – Frequently Asked Questions
- The price band for the Parmeshwar Metal IPO is set at ₹57 to ₹61 per share.
- The Parmeshwar Metal IPO opens on January 2, 2025 and closes on January 6, 2025.
- The tentative listing date for the Parmeshwar Metal IPO is January 9, 2025.
- You can apply for the Parmeshwar Metal IPO via your broker or bank using ASBA or UPI. Log in to your trading app (Zerodha, Upstox, Groww, etc.), select IPO section, choose Parmeshwar Metal, enter lot quantity and UPI ID, then approve the mandate.
- The lot size for the Parmeshwar Metal IPO is 2000 shares. Investors must apply for at least one lot (i.e., 2000 shares).