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Parmeshwar Metal Ipo


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 Purpose

Parmeshwar Metal IPO Review

  • IPO Watch – May Apply

  • Canara Bank –

  • DRChoksey FinServ –

  • Emkay Global –

  • Hem Securities –

  • IDBI Capital –

  • Marwadi Shares –

  • Nirmal Bang –

  • SBICAP Securities –

  • Sharekhan –

  • SMC Global –

  • Sushil Finance –

  • Swastika Investmart –

  • Ventura Securities –

  • Geojit –

  • Reliance Securities –

  • Capital Market –

  • BP Wealth –

  • ICICIdirect –

  • Choice Broking –

IPO Lead Managers aka Merchant Bankers

  • Beeline Capital Advisors Pvt Ltd

ApplicationLot SizeSharesAmount
Retail Minimum12,000₹1,22,000
Retail Maximum12,000₹1,22,000
S-HNI Minimum24,000₹2,44,000

IPO Open Date:January 2, 2025
IPO Close Date:January 6, 2025
Basis of Allotment:January 7, 2025
Refunds:January 8, 2025
Credit to Demat Account:January 8, 2025
IPO Listing Date:January 9, 2025

Period EndedRevenueExpenseProfit After TaxAssets
2021₹538.34₹532.98₹4.07₹33.45
2022₹902.27₹892.82₹6.85₹41.13
2023₹972.71₹960.80₹8.90₹54.12
2024₹1,102.46₹1,092.51₹7.22₹70.10
October 2024₹757.31₹749.67₹5.70₹67.33

KPIValues
ROE:21.49%
ROCE:17.51%
EBITDA Margin:1.01%
PAT Margin:0.66%
Debt to equity ratio:0.59
Earning Per Share (EPS):₹6.42 (Basic)
Price/Earning P/E Ratio:N/A
Return on Net Worth (RoNW):19.40%
Net Asset Value (NAV):₹33.07

CompanyEPSPE RatioRoNW %NAVIncome
Rajnandini Metal Limited0.5518.7326.87%2.051,212.43 Cr.

IPO Open Date:January 2, 2025
IPO Close Date:January 6, 2025
Face Value:₹10 Per Equity Share
IPO Price Band:₹57 to ₹61 Per Share
Issue Size:Approx ₹24.74 Crores
Fresh Issue:Approx ₹24.74 Crores
Issue Type:Book Built Issue
IPO Listing:BSE SME
Retail Quota:Not more than 35%
QIB Quota:Not more than 50%
NII Quota:Not more than 15%
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here
Anchor Investors List:Click Here

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