31 Mar 2022
Assets41.13
Total Income902.27
Profit After Tax6.85
NET Worth21.09
Reserves and Surplus13.59
Total Borrowing13.84
At a glance
Updated 2026-09-12The shares listed at ₹84.50, a 38.52% move from the issue price. Parmeshwar Metal is a SME IPO with an issue size of ₹24.74 crore, proposed for listing on BSE SME. The offer opens on 2nd Jan 2025 and closes on 6th Jan 2025. The issue structure includes a fresh issue of ₹23.49 crore. The current listing schedule points to 9th Jan 2025.
Issue details
Listing atBSE SME
Issue typeBook Build Issue
Issue size₹24.74 Cr
Fresh issue₹23.49 Cr
Face value₹10
Price band₹57.00–₹61.00
Allotment7th Jan 2025
Listing9th Jan 2025
Listing performance
Full performance ↗Issue price₹61.00
Listing price₹84.50
Current price—
Listing gain38.52%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹38.00
GMP / upper price62.30%
Est. listing₹99.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens2nd Jan 2025
Closes6th Jan 2025
Allotment7th Jan 2025
Refund8th Jan 2025
Demat8th Jan 2025
Listing9th Jan 2025
Subscription demand
Full bidding ↗Total607.07×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 2000 | ₹122,000 |
Company
Use of proceeds
| Object | Amount |
|---|---|
| Setting up a new manufacturing facility at Gandhinagar, Dehgam, Gujarat for manufacturing of Bunched copper wire and 1.6 MM Copper Wire (Proposed project) | ₹2.18 Cr |
| Funding of capital expenditure for Furnace renovation | ₹1.87 Cr |
| To meet working capital requirements | ₹13.92 Cr |
| General Corporate Purposes | ₹4.02 Cr |
| Issue Expenses | ₹2.75 Cr |
| Total | ₹24.74 Cr |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Revenue757.31₹ Cr · -31.3% vs prior year
PAT5.70₹ Cr · -21.1% vs prior year
Assets67.33₹ Cr · -4.0% vs prior year
Net Worth42.91₹ Cr · +15.3% vs prior year
Borrowing14.69₹ Cr · -32.9% vs prior year
3-year financial trendRevenue / EBITDA / PAT
₹ crore31 Mar 2023
Assets54.12
Total Income972.71
Profit After Tax8.90
NET Worth29.99
Reserves and Surplus22.49
Total Borrowing16.60
31 Mar 2024
Assets70.10
Total Income1,102.46
Profit After Tax7.22
NET Worth37.21
Reserves and Surplus29.71
Total Borrowing21.89
31 Oct 2024
Assets67.33
Total Income757.31
Profit After Tax5.70
NET Worth42.91
Reserves and Surplus31.66
Total Borrowing14.69
KPIs
| KPI | Mar 28, 2024 |
|---|---|
| ROE | 21.49% |
| ROCE | 17.51% |
| Debt / Equity | 0.59% |
| RoNW | 19.40% |
| PAT Margin | 0.66% |
| Price to Book Value | 1.84 |
Valuation & shareholding
Pre-IPO EPS6.42
Post-IPO EPS6.39
Pre-IPO P/E9.51
Post-IPO P/E9.55
Promoter holding pre96.33%
Promoter holding post70.81%
Market cap₹93.37 Cr.
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| Parmeshwar Metal IPO | — | 9.55 x | — | — |
| Metalic Technoforge IPO | — | 14.94 x | — | — |
| Narmadesh Brass IPO | — | 19.90 x | — | — |
| Krupalu Metals IPO | — | 19.66 x | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| Setting up a new manufacturing facility at Gandhinagar, Dehgam, Gujarat for manufacturing of Bunched copper wire and 1.6 MM Copper Wire (Proposed project) | ₹2.18 Cr |
| Funding of capital expenditure for Furnace renovation | ₹1.87 Cr |
| To meet working capital requirements | ₹13.92 Cr |
| General Corporate Purposes | ₹4.02 Cr |
| Issue Expenses | ₹2.75 Cr |
| Total | ₹24.74 Cr |
Registrar & lead managers
Registrar
MUFG Intime India Pvt.Ltd.Lead managers
- Beeline Capital Advisors Pvt.Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-12.
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