Parmeshwar Metal IPO
smelistedAbout the company
Parmeshwar Metal is a leading manufacturer of high-quality copper wire rods, serving industries like power cables, automotive, and transformers. It offers customizable copper rods in various sizes, ensuring top-notch quality through in-house testing. The company focuses on safety, provides protective gear, and recycles copper scrap for environmental sustainability. Managed by experienced promoters, Parmeshwar Metal is expanding with new facilities in Gujarat to produce bunched copper wire rods, enhancing its capacity and product offerings for electrical and telecom industries.
Strengths
Risks
Financial performance (₹ Cr)
Subscription breakup (final, times)
IPO Roadmap / Timeline
IPO Opens
Completed02 Jan 2025Bidding starts for all investor categories
IPO Closes
Completed06 Jan 2025Last day to place your bid
Basis of Allotment
Completed07 Jan 2025Share allotment finalised
Refund Initiation
Completed08 Jan 2025Refunds credited for non-allottees
Credit to Demat
Completed08 Jan 2025Allotted shares credited to demat account
Listing on Exchange
Completed09 Jan 2025Shares list on NSE / BSE
Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.
Lot size & minimum investment
| Investor Type | Min Lots | Min Shares | Min Amount | Max Lots | Max Amount | Notes |
|---|---|---|---|---|---|---|
| Retail / Individual | 1 | 2000 | ₹122,000 | 1 | ₹122,000 | 1 lot only |
| HNI | 2 | 4000 | ₹244,000 | 2 | ₹244,000 | Min 2 lots |
Shares reserved per category & allotment probability
| Category | Reservation | Shares Offered | Amount (₹ Cr) | Shares Bid | Subscribed | Allotment % |
|---|---|---|---|---|---|---|
| QIB | 50% | 2,033,899 | 12 | 0 | 0.00x | 100% |
| NII | 15% | 610,170 | 3.6 | 0 | 0.00x | 100% |
| Retail | 35% | 1,423,729 | 8.4 | 0 | 0.00x | 100% |
Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).
