Stay updated with the latest on Paramount Speciality Forgings IPO GMP (Grey Market Premium). We provide live data and key information to help you make informed investment decisions.
Paramount Speciality Forgings IPO GMP Overview
- IPO Open Date: September 17, 2024
- IPO Close Date: September 19, 2024
- Price Band: ₹57 to ₹59 per share
- Issue Size: ₹32.34 Crores
- Listing Date: September 24, 2024
- Lot Size: Minimum 2000 shares(₹118,000)
Paramount Speciality Forgings IPO GMP Live Rates
| Dates | IPO GMP |
|---|---|
| September 24, 2024 | ₹10 (17%) |
| September 23, 2024 | ₹10 (17%) |
| September 22, 2024 | ₹10 (17%) |
| September 21, 2024 | ₹10 (17%) |
| September 20, 2024 | ₹- |
| September 19, 2024 | ₹- |
| September 18, 2024 | ₹- |
| September 17, 2024 | ₹- |
| September 16, 2024 | ₹- |
| September 15, 2024 | ₹- |
| September 14, 2024 | ₹- |
| September 13, 2024 | ₹- |
| September 12, 2024 | ₹- |
IPO Timeline
| Events | Date |
|---|---|
| IPO Open Date | September 17, 2024 |
| IPO Close Date | September 19, 2024 |
| Basis of Allotment | September 20, 2024 |
| Refunds | September 23, 2024 |
| Credit to Demat Account | September 23, 2024 |
| IPO Listing Date | September 24, 2024 |
About Paramount Speciality Forgings
Paramount Forge is a prominent manufacturer of steel forgings in India, offering a diverse range of forged products. Since its inception in 1996, the company has significantly expanded its business and operations. They have invested in various types of machinery, thereby enhancing and diversifying their manufacturing capabilities. Consequently, they can now produce forged components ranging in weight from 1 kg to 4 metric tons, available in both rough and finish-machined conditions.
Their products adhere to both National and International standards and are utilized in a broad spectrum of industrial applications. This includes catering to the extensive needs of sectors such as Petrochemicals, Chemicals, Fertilizers, Oil & Gas, Nuclear Power, and other heavy engineering industries. With over three decades of experience, Paramount Forge benefits from its longstanding relationships with customers across these sectors. Additionally, the company owns and operates two manufacturing facilities: one in Kamothe and another in Khalapur, Maharashtra. Notably, their Closed Die Forging Plant is equipped with two pneumatic air hammers (2T and 5T) and a Drop Forge Hammer with a capacity of 1.5 MT, capable of producing single-piece forgings weighing up to 120 kgs.
Disclaimer
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