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Issue Open Date
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02-Jan-25
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Issue Closing Date
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06-Jan-25
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Application Money
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100
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Allotment Money
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Price Band
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57
-
61
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Minimium Application No.
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2000
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Issue Size (Shares)
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2902000
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Market Lot
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1
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Objective
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1. Setting up a new manufacturing facility at Dehgam, Gujarat for manufacturing of Bunched copper wire and 1.6 MM Copper Wire Rod2. Furnace renovation for copper melting3. To Meet Working Capital Requirements.4. General Corporate Purpose.
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Category
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No. of Shares
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No. of Shares
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Subscription Ratio
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Offered / Reserved |
Bid For |
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Non-Institutional Investors
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784000
|
695418000
|
887.012755102041
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Qualified Institutional Buyers
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770000
|
136534000
|
177.316883116883
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Retail Individual Investors
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1348000
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804886000
|
597.096439169139
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Business Description
Our Product Portfolio offers 1.6 MM, 8 MM, and 12.5 MM copper wire rods and each available tailored made to meetcustomer specifications. At our manufacturing facility, we have an in-house testing lab, for testing our raw materials andfinished products to match the quality standards as specified and required by our customers. We strive to meet the healthand safety standards in our manufacturing process by providing safety tools like fire safety helmets, shoes, hand gloves,face visor, welding black goggles etc. Copper is one of the most recycled metals of all the metals. The recycling of copperscrap is gaining importance worldwide simply because of the fact that recovery of copper metal from scrap requires muchless energy than its recovery made from primary source. Besides, it enables conservation of natural resources.
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Promoter's Holding
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Total Share Capital
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10837500
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Offered to Public
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4100000
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Promoter's Holding (Pre-Issue)
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96.33
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Promoter's Holding (Post-Issue)
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70.81
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Address |
Survey No. 130 P & 131
State Highway No. 69
Sampa Lavad Road
Village Suja Na Muvada
Post- Sampa
Gandhinagar
Dehgam,
Gujarat,
382315
Phone : 6357076561 / 6359227392
Email : info@parmeshwarmetal.com / accounts@parmeshwarmetal.com
Website : www.parmeshwarmetal.com
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Registrar |
MUFG Intime India Pvt Ltd.
C 101
247 Park
LBS Marg
Vikhroli (West)
Mumbai
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Listed at |
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BSE
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Lead Manager |
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Beeline Capital Advisors Pvt Ltd.
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Promoters |
Kailashben Radheshyam Shah
Parth Maheshbhai Patel
Piyush Giriraj Shah
Pratik Radheshyam Shah
Radheshayam Jankilal Shah
Shantilal Kailashchandra Shah
Suchitkumar Maheshbhai Patel
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