Contents
- 1 Paramount Forge IPO (Paramount Forge Limited IPO) Details
- 2 Paramount Forge IPO Dates
- 3 Paramount Forge IPO Lot Size For Retails, QBIs and HNIs
- 4 Paramount Forge Limited Promoters holding or Owners Holdings
- 5 Paramount Forge IPO GMP (Gray Market Premium) day-by-day
- 6 Paramount Forge Limited IPO Subscription Status
- 7 Paramount Forge IPO Allotment Status
- 8 Know About Paramount Forge Limited
- 9 Paramount Forge Limited Financial Status (Restated)
- 10 Key Performance Indicator (KPI) of Paramount Forge Limited
- 11 Paramount Forge Limited IPO Registrar
- 12 Paramount Forge Limited IPO Book Running Lead Managers
- 13 Paramount Forge Limited Contact
- 14 FAQs
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) Details
| Open Date | May 2024 |
| Close Date | May 2024 |
| Listing Date | May 2024 |
| IPO Size | 54.82 lakh equity shares aggregating up to ₹[.] Cr.) |
| Face Value | ₹10 per share |
| IPO Price Band | ₹[.] to ₹[.] per share |
| IPO Listing on | NSE SME |
| Lot Size | Update Soon |
| OFS | Up to 6.79 lakh Equity Shares aggregating to ₹[●] Cr. |
| Retail Quota | 35%of the total issue share |
| QBI | 50% of the total issue share |
| HNI | 15% 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
| Applicants | Lot Size (Min & Max) | Share | Amount |
| Retail | 1 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
| Date | GMP | IPO Price | Estimate Listing Price | Update On |
| – | ₹[.] | ₹[.] | ₹[.] | – |
| – | ₹[.] | ₹31 | ₹[.] | – |
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
- Capital expenditure through the purchase of machinery and equipment required for expansion at our Khopoli Plan
- General Corporate purposes.
Paramount Forge Limited Financial Status (Restated)
| Particulars | For the Period / Year ended on (₹ in Lakh) | |||
| 30th June, 2023 | 31st March, 2023 | 31st March, 2022 | 31st March, 2021 | |
| Liabilities | 6232.65 | 7223.87 | 5450.48 | 4880.68 |
| Assets | 6232.65 | 7223.87 | 5450.48 | 4880.68 |
| Revenue | 3,011.61 | 11,224.10 | 9,243.16 | 5,194.45 |
| PAT (Profit After Tax) | 77.05 | 275.84 | 313.44 | -27.36 |
| Total Borrowing | 1,677.63 | 2,027.65 | 1,176.93 | 1,234.55 |
| Net Worth | 1,643.19 | 1,566.14 | 1,970.49 | 1,657.05 |
Key Performance Indicator (KPI) of Paramount Forge Limited
| Particulars | As of 30 June 2023 |
| EBITDA | 235.95 Lakh |
| PAT Margin (in %) | 2.56% |
| RoNW (in %) | 17.61% |
| RoE (%) | 0.05% |
| EPS | – |
| PE Ratio | – |
| Net Asset Value (NAV) | – |
Peer Group
NA
Paramount Forge Limited IPO Registrar
PURVA SHAREGISTRY (INDIA) PRIVATE LIMITED
Phone: +91 022 2301 8261
Email: support@purvashare.com
Website: https://www.purvashare.com
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,
Email: compliance@swarajshares.com,
Website: www.swarajshares.com
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
Email: compliance@paramountforge.org
Website: www.paramountforge.com
FAQs
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 ipogmptoday.in 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.
