Paramount Forge IPO Date, Details, GMP, Allotment Status

The Paramount Forge IPO Date has not been announced. We will update you soon when we get any updates. The IPO is expected to open for subscription in May [.] 2024 and close in May [.]. 2024.

Paramount Forge IPO aims to raise approximately ₹[.] crores through Up to 54.82 lakh equity shares, consisting of a fresh issue of up to 48.02 lakh equity shares and an Offer for sale of up to 6.79 lakh equity shares aggregating up to ₹[.] crores face value at ₹10 each share.

The allocation of Paramount Forge IPO includes 35% for retail investors, 50% for Qualified Institutional Buyers (QIBs), and 15% for High Net Worth Individuals (HNIs).

Paramount Forge IPO
Paramount Forge Limited IPO

Paramount Forge IPO (Paramount Forge Limited IPO) Details

Open DateMay 2024
Close DateMay 2024
Listing DateMay 2024
IPO Size54.82 lakh equity shares aggregating up to ₹[.] Cr.)
Face Value₹10 per share
IPO Price Band₹[.] to ₹[.] per share
IPO Listing onNSE SME
Lot SizeUpdate Soon
OFSUp to 6.79 lakh Equity Shares aggregating to ₹[●] Cr.
Retail Quota35%of the total issue share
QBI50% of the total issue share
HNI15% of the total issue share

Paramount Forge IPO Dates

*The date will be updated soon

Paramount Forge IPO Lot Size For Retails, QBIs and HNIs

ApplicantsLot Size (Min & Max)ShareAmount
Retail1 Lot (Min) [.] lot (Max)[.]₹200000 Max
S-HNI[.] Lot Min.[.]₹200000 Min
B-HNI[.] Lot Min.[.]₹200000 Min

Paramount Forge Limited Promoters holding or Owners Holdings

The promoters of Aadhar Housing Finance Limited are

  • 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
  • Mr. Roshan Alihusain Hararwala

Pre-issue of IPO promoter holding is 100% of the total share.

Paramount Forge IPO GMP (Gray Market Premium) day-by-day

DateGMPIPO PriceEstimate Listing PriceUpdate On
GMP will update soon.

Paramount Forge Limited IPO Subscription Status

To see Paramount Forge IPO live subscription status please visit our IPO Subscription Status Live section on the menu or click on the link. When the subscription is started.

Paramount Forge IPO Allotment Status

You can check the allotment status for the Paramount Forge IPO by following these steps. First, click the link PURVA SHAREGISTRY (INDIA) PRIVATE LIMITED. Then, select the IPO Name from the options provided. After that, enter either your Application Number or PAN Number.

Once you’ve entered the required information, click on submit. This should lead you to a page where you can view the allotment status of the IPO. Please check the Subscription status after announcing the IPO subscription date.

Know About Paramount Forge Limited

Paramount Forge is a leading manufacturer of steel forgings in India, offering a wide range of forged products. Established in 1996, they’ve steadily grown their business and expanded their manufacturing capabilities over the years. With investments in advanced machinery, they can now produce forged components weighing from 1 kg to 4 metric tons, either rough or finish-machined.

Their products adhere to both national and international standards, making them suitable for various industrial applications. From Petrochemicals to Oil & Gas, Nuclear Power, and more, their forged components are integral across a spectrum of heavy engineering sectors.

Operating from two manufacturing facilities in Maharashtra, one in Kamothe and the other in Khalapur, Paramount Forge is equipped with state-of-the-art machinery. Their Closed Die Forging Plant features pneumatic air hammers and a Drop Forge Hammer, capable of producing single-piece forgings weighing up to 120 kg.

For Know More see the reference Paramount Forge IPO DRHP

Objects of the Issue IPO

  1. Capital expenditure through the purchase of machinery and equipment required for expansion at our Khopoli Plan
  2. General Corporate purposes.

Paramount Forge Limited Financial Status (Restated)

ParticularsFor the Period / Year ended on (₹ in Lakh)
30th June, 202331st March, 202331st March, 202231st March, 2021
PAT (Profit After Tax)77.05275.84313.44-27.36
Total Borrowing1,677.632,027.651,176.931,234.55
Net Worth1,643.191,566.141,970.491,657.05

Key Performance Indicator (KPI) of Paramount Forge Limited

ParticularsAs of 30 June 2023
EBITDA235.95 Lakh
PAT Margin (in %)2.56%
RoNW (in %)17.61%
RoE (%)0.05%
PE Ratio
Net Asset Value (NAV)

Peer Group


Paramount Forge Limited IPO Registrar

Phone: +91 022 2301 8261

Paramount Forge Limited IPO Book Running Lead Managers

Swaraj Shares & Securities Pvt. Ltd
Contact Person: Tanmoy Banerjee/ Pankita Patel,
Contact Number: +91-22-6964-9999,

Paramount Forge Limited Contact

Paramount Speciality Forgings Limited
3, 1, Guru Himmat Building
Dr. Mascarenhas Road
Anjirwadi, Mazgaon, Mumbai – 400010
Maharashtra, India
Phone : + 91 +91-22-2373-2656


How can I apply for the Paramount Forge IPO?

You can apply for the Paramount Forge IPO online through platforms like Zerodha, Dhan, Angel One, etc., using UPI as the payment method. Alternatively, you can apply through ASBA using net banking portals of banks like ICICI Bank, HDFC Bank, and SBI Bank.

How can I check the Paramount Forge IPO subscription status?

You can check the IPO subscription status on our website the IPO Subscription Status Live section once the subscription begins.

What is the Paramount Forge IPO GMP Today?

The Paramount Forge IPO GMP (Grey Market Premium) today is ₹0.

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