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Paramount Speciality Forgings Ltd

Registered Office: 3 1 Guru Himmat Building,Dr Mascar.Rd Anjirwadi Mazgaon, Mumbai - 400010, Maharashtra, India.
Phone : +91 22 2373 2656   Fax:
Email :  compliance@paramountforge.org  
Website :  www.paramountforge.com

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.

Issue Money Payable On
Opens on Closes On Application Allotment
17-Sep-24 20-Sep-24 59.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 2000   Further Multiples of : 2000
  Rs(Cr.) Lead Managers to the Issue
Project Cost 0.00 Swaraj Shares & Securities Pvt Ltd
Project Financed through Current Offer 32.34  
Post Issue Equity Share Capital 19.68  
Issue Price 59.00  

Project

  • 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

Purva Sharegistry (I) Pvt Ltd

Attention Investor:

1) "KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (Broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."         2) For Stock Broking Transaction "Prevent unauthorised transactions in your account Update your mobile numbers / email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile / email at the end of the day .... Issued in the interest of Investors."         3) For Depository Transaction "Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from NSDL on the same day....Issued in the interest of investors."         4) No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.