Parmeshwar Metal Ltd |
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Registered Office:
[
Sy.No.130P & 131 S.H.Ways #.69
,
Sampa Lavad Rd (V) Post.Sampa
,
Dehgam
-
382315
,
Gujarat
, India. Phone:+91 63570 76561 Fax:
Email: cs@parmeshwarmetal.com
Website: www.parmeshwarmetal.com
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Initial public issue of upto 4056000 equity shares of face value of Rs10/- each of Parmeshwar Metal Limited ("PML" or the "Company" or the "Issuer") for cash at a price of Rs61/- per equity share including a share premium of Rs51/- per equity share (the "Issue Price") aggregating to Rs24.74 crores ("The Issue"), of which 206000 equity shares of face value of
Rs10/- each for cash at a price of Rs61/- per equity share including a share premium of Rs51/- per equity share aggregating to Rs1.26 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 385000 equity shares of face value of Rs10/- each at a price of Rs61/- per equity share ncluding a share premium of
Rs51/- per equity share aggregating to Rs23.48 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 26.50% and 25.15%, respectively, of the post issue paid up equity share capital of the company.
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Issue |
Money Payable On |
Opens On |
Closes On |
Application |
Allotment |
02-Jan-25 |
06-Jan-25 |
Rs
61.00-0.00
|
Rs
0.00-0.00
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Minimum Application for shares in Nos :
2000
Further Multiples of :
2000
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Rs Cr |
Lead Managers to the Issue |
Project Cost |
21.99 |
Beeline Capital Advisors Pvt Ltd |
Project Financed through Current Offer |
24.74 |
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Post Issue Equity Share Capital |
15.31 |
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Issue Price |
Rs.61.00
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Projects |
Setting up a new mfg facility at
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Funding of capital expenditure for furance renovation
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To meet working capital requirements
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General corporate purposes
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Promoted By |
Shantilal Kailashchandra Shah |
Suchitkumar Maheshbhai Patel |
Piyush Giriraj Shah |
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No Data Found. |
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