Paramount Speciality Forgings Ltd

Issue
Opens On Closes On
17-Sep-24 20-Sep-24
Money Payable On
Application Allotment
59.00 0.00

Minimum Application for shares in Nos : 2000 Further Multiples of : 2000

Lead Managers to the Issue
Project Cost (₹.Cr) 0.00 Swaraj Shares & Securities Pvt Ltd
Project Financed through Current Offer (₹.Cr) 32.34  
Post Issue Equity Share Capital (₹.Cr) 19.68
Issue Price (₹) 59.00
Projects

Capital expenditure through purchase of machinery and equipment required for expansion at its Khopoli Plant

General corporate expenses

Promoted By
Aliasgar Roshan Hararwala
Mohammed Salim Saharwala
Alisgar Abdulla Bhagat
Listing At
NSE - SME
Registrar to the Issue
No Data Available
Public offer of 54,82,000 equity shares of face value of Rs. 10.00/- each ("Equity Shares") of Paramount Speciality Forgings Limited (the "Company" or the "Issuer") for cash at a price of Rs. 59 per equity share (the "Offer Price") aggregating to Rs. 32.34 crores ("The Issue") comprising of a fresh issue of 48,02,000 of face value of Rs. 10.00/- each aggregating to Rs. 28.33 crores (the "Fresh Issue") and an offer for sale of 6,80,000 of face value of Rs. 10.00/- each of face value of by the promoter selling shareholders ("Offer for Sale") aggregating to Rs. 4.01 crores of which 2,76,000 of face value of Rs. 10.00/- each aggregating to Rs. 1.63 crores will be reserved for subscription by market maker to the offer (the "Market Maker Reservation Portion"). The offer less the market maker reservation portion i.e. net offer of 52,06,000 equity shares aggregating to Rs. 30.71 crores (the "Net Offer"). The offer and the net offer will constitute 27.85 and 26.45 respectively of the post-issue paid-up equity share capital of the company.