#Allotment Details Of IPO

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Investing in IPOs: How to Apply, Benefits, and Procedures | IPO Guide - Finology

Unlock the world of IPO investing and learn how to apply for IPOs, their benefits, and procedures. Find out about the difference between book building and fixed price issues, application methods online and offline, and other key facts. Get ready to explore the world of Initial Public Offerings with Finology.

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Kay Cee Energy IPO Date, Price, GMP, Review, Company Profile, Risk, Financials 2023

New Post has been published on https://wealthview.co.in/kay-cee-energy-ipo/

Kay Cee Energy IPO Date, Price, GMP, Review, Company Profile, Risk, Financials 2023

Kay Cee Energy IPO:  Stepping into the Power Play, Kay Cee Energy & Infra is an Engineering, Procurement, and Construction (EPC) company specializing in the construction and commissioning of power transmission and distribution systems. They handle overhead and underground lines, substation construction, automation, and more. As India pushes towards renewable energy goals, companies like Kay Cee are expected to play a crucial role in building the necessary infrastructure.

IPO Deets:

Open Date: December 28, 2023

Close Date: January 2, 2024

Listing Date (tentative): January 5, 2024

Offer Size: Rs. 15.93 crores

Price Band: Rs. 51 – Rs. 54 per share

Minimum Lot Size: 2,000 shares (Rs. 108,000 minimum investment)

Buzz in the Wires:

Grey Market Premium (GMP): As of today, December 27, 2023, the GMP stands at Rs. 30, indicating positive sentiment among unlisted market participants.

Recent Developments: The company’s revenue grew 22% year-on-year in 2023, showcasing market traction. However, some analysts raise concerns about its profitability and reliance on a few large clients.

Kay Cee Energy & Infra Offer Details:

Securities Offered:

The offer consists solely of equity shares of face value Rs. 10 each. There are no bonds or other types of securities involved.

Reservation Percentages:

Retail Investors: 35% of the offer is reserved for retail investors. This translates to 331,500 shares.

Qualified Institutional Buyers (QIBs): 50% of the offer is reserved for QIBs. This translates to 483,000 shares.

Non-Institutional Investors (NIIs): 15% of the offer is reserved for NIIs. This translates to 149,250 shares.

Minimum Lot Size and Investment Amount:

The minimum lot size for the IPO is 2,000 shares. This means the minimum investment amount for retail investors is Rs. 108,000 (2,000 shares * Rs. 54 per share – upper price band).

Kay Cee Energy & Infra Company Profile:

Founding and Operations:

Established in 2015, Kay Cee Energy & Infra has carved a niche in the power transmission and distribution landscape.

Their expertise lies in EPC (engineering, procurement, and construction) services, encompassing overhead and underground lines, substation construction, automation, and more.

Market Position and Share:

While precise market share data is challenging for smaller companies like Kay Cee, their focus on Rajasthan, a state with significant renewable energy aspirations, positions them strategically.

They boast a strong track record of working with key government entities like Rajasthan Rajya Vidyut Prasaran Nigam Limited (RRVPNL).

Key Details:

Headquarters: Jaipur, Rajasthan

Revenue growth (FY23 vs. FY22): 22%

Profit after tax (FY23 vs. FY22): 77% increase

Employee strength: ~250

Partnerships and Brands:

No prominent subsidiary or major brand names attached to Kay Cee currently.

Their primary collaborations revolve around government contracts and project-specific partnerships.

Milestones and Achievements:

Secured prestigious projects like the 400KV Ajmer-Bhilwara transmission line for RRVPNL.

Successfully commissioned over 1,200 circuit kilometers of power lines.

Maintained a strong safety record in its operations.

Competitive Advantages and USP:

Focused regional expertise: Strong presence in Rajasthan’s burgeoning renewable energy market.

Government connections: Established track record of successful collaborations with key government entities.

Experienced team: Qualified workforce with a proven ability to deliver complex projects.

Agile and responsive: Demonstrated ability to adapt to changing project requirements and regulatory landscapes.

Kay Cee Energy & Infra Financials:

Recent Performance:

Revenue growth: Kay Cee has displayed promising revenue growth, with a 22.33% increase in FY23 compared to FY22. This demonstrates their ability to capture market opportunities.

Profitability: The company saw a healthy 77.62% increase in profit after tax (PAT) for FY23. This improvement in profitability is encouraging, but the absolute profit figures remain relatively small.

Debt levels: The company’s debt-to-equity ratio stands at approximately 0.28 (based on March 2023 financials). This is considered a moderate level, suggesting manageable debt obligations.

Key Financial Ratios:

P/E ratio: Based on the IPO price band (Rs. 51-54), the P/E ratio falls between 7.19 and 7.59. This compares favorably to the average P/E of companies in the infrastructure sector (around 20).

EPS: The company’s EPS for FY23 stood at Rs. 7.11. This provides some support for the valuation based on the P/E ratio.

Debt-to-equity ratio: As mentioned earlier, the debt-to-equity ratio of 0.28 shows a relatively low dependence on debt, indicating a cautious financial approach.

Future Growth Prospects and Earnings Drivers:

India’s renewable energy push: The government’s ambitious renewable energy targets create significant opportunities for companies like Kay Cee.

Continued focus on Rajasthan: The company’s strong presence in Rajasthan, a key renewable energy hub, positions them well to capitalize on the growing market.

Project pipeline: Kay Cee boasts a healthy project pipeline of upcoming initiatives, further bolstering their growth prospects.

Kay Cee Energy & Infra Objective:

Reasons for Going Public:

Capital Raise: The primary objective of Kay Cee’s IPO is to raise fresh capital. This will provide them with the necessary financial resources to fuel their future growth aspirations.

Brand visibility and credibility: Listing on the stock exchange can enhance Kay Cee’s brand image and attract wider investor interest. This can be beneficial for securing larger projects and partnerships.

Liquidity for existing shareholders: While the IPO is solely a fresh issue, a public listing facilitates exit opportunities for early investors and employees holding pre-IPO shares in the future.

Utilizing the Raised Funds:

Working capital needs: The majority of the IPO proceeds (75%) will be used to address Kay Cee’s working capital requirements. This includes expenses like procurement of materials, wages, and project execution costs.

General corporate purposes: The remaining 25% of the funds will be utilized for general corporate purposes. This could encompass strategic investments, technology upgrades, or potential acquisitions to expand their business reach.

Kay Cee Energy & Infra Managers & Registrar:

Lead Managers:

GYR Capital Advisors Private Limited: GYR Capital is the sole book running lead manager for Kay Cee Energy’s IPO. While they are a relatively new player in the IPO space, they have successfully managed several SME IPOs in recent years, including the IPOs of Karda Constructions and Utkarsh Spintex.

Track Record:

GYR Capital’s previous SME IPOs have witnessed varying degrees of success. Karda Constructions’ IPO saw decent subscription levels, while Utkarsh Spintex faced moderate subscription.

It’s important to note that the performance of past offerings doesn’t guarantee success for future ones.

Registrar:

Bigshare Services Private Limited: Bigshare Services is the registrar for Kay Cee Energy’s IPO. They are a prominent player in the IPO scene, handling the registrar process for numerous SME and Mainboard IPOs.

Registrar’s Role:

The registrar is responsible for maintaining the share register, processing share applications and allotments, managing refunds, and issuing share certificates. They play a crucial role in ensuring the smooth and fair conduct of the IPO process.

Kay Cee Energy & Infra Grey Market Premium (GMP):

Current GMP and Comparison:

As of December 27, 2023, the GMP for Kay Cee Energy’s IPO stands at Rs. 30 on the upper price band of Rs. 54 per share.

This translates to a potential listing price of around Rs. 63 per share (upper band price + GMP), indicating a possible premium of over 16.67%.

Compared to recent SME IPOs, Kay Cee’s current GMP is relatively favorable. For example, the GMP for Kaushalya Logistics, another recent SME IPO, stood at Rs. 22 just before listing.

Kay Cee Energy IPO Risks:

While Kay Cee Energy presents an intriguing investment opportunity, it’s essential to acknowledge the potential risks associated with any IPO, especially for a smaller company like this.

Industry Headwinds:

The dependence on government contracts and project approvals exposes Kay Cee to potential delays or changes in policy priorities within the renewable energy sector.

Increased competition from established players in the power transmission and distribution space could hinder Kay Cee’s market share and growth prospects.

Company-Specific Challenges:

Reliance on a few large clients for a significant portion of revenue creates concentration risk. Any issues with these clients could negatively impact the company’s financial performance.

The limited track record and relatively small size of the company raise concerns about their ability to handle large and complex projects successfully.

The IPO prospectus also highlights certain ongoing legal disputes, which, if not resolved favorably, could impact the company’s future operations.

Financial Health Assessment:

While Kay Cee’s recent revenue growth and profitability are encouraging, the absolute profit figures remain small.

The moderate debt level is positive, but investors should remain mindful of any future debt accumulation for working capital needs.

Red Flags for Investors:

Lack of market maker reservation in the IPO raises concerns about potential liquidity issues, especially for retail investors.

The dependence on project-specific partnerships rather than established brands or subsidiaries increases the risk of project execution delays or cancellations.

  Also Read: How to Apply for an IPO?

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Northern Arc Capital IPO allocation completed; current Grey Market Premium, detailed instructions to verify status

Northern Arc Capital IPO share allotment has been finalised. Investors can check their status on Kfin Technologies. The IPO saw strong demand, with subscriptions at 110.91 times. Refunds for unallocated shares will start on September 23, with shares credited to accounts the same day. Northern Arc Capital IPO allotment date: The Northern Arc Capital IPO share allotment will be finalised today…

[nikkhilblog]

Hyundai Motor India IPO Allotment Details.

Hyundai Motor India IPO Allotment Details. Stay tuned for the Hyundai Motor India IPO allotment updates! Check your allotment status soon.

For more information, visit our page at. https://hmatrading.in/hyundai-motor-india-ipo-details/

[blaze-papers]

Bajaj Housing Finance IPO Allotment Finalized: How to Check Your Status and Insights on GMP

The share allotment for the Bajaj Housing Finance IPO has been concluded, with successful applicants starting to receive bank debit notifications. Investors who were not allocated shares will soon have their funds returned. The shares are scheduled to be listed on Monday, September 16, and the latest Grey Market Premium (GMP) suggests a potential return of up to 112% on listing day.

The IPO, which was open for public subscription from September 9 to September 11, saw a remarkable oversubscription rate of 67.43 times. The offer attracted bids for 46,25,57,71,082 shares, significantly surpassing the 68,60,00,009 shares on offer. The price band for the offering was set between Rs 66 and Rs 70 per share.

How to Check Your IPO Allotment Status:

Visit the official BSE website: BSE IPO Status.

Select ‘Equity’ under ‘Issue Type’.

Choose ‘Bajaj Housing Finance Ltd’ from the ‘Issue Name’ dropdown menu.

Enter your application number or PAN.

Complete the CAPTCHA verification and click ‘Search’.

Alternatively, check the allotment status directly on Kfin Technologies' portal: Kfin Technologies IPO Status.

Bajaj Housing Finance IPO: GMP Today

As of today, unlisted shares of Bajaj Housing Finance Ltd are trading at a Rs 78 premium in the grey market, indicating an expected listing gain of approximately 111.43% from the issue price. The GMP reflects market sentiment and may fluctuate.

IPO Details

The IPO comprises a fresh issue of equity shares worth up to Rs 3,560 crore and an offer-for-sale (OFS) of up to Rs 3,000 crore by its parent company, Bajaj Finance. This IPO is part of Bajaj Housing Finance's compliance with Reserve Bank of India's (RBI) regulations, which mandate upper-layer non-banking finance companies (NBFCs) to be listed by September 2025.

Before the public offering, the company secured Rs 1,758 crore from anchor investors, including the Government of Singapore, Abu Dhabi Investment Authority, Fidelity, Morgan Stanley, and several major mutual funds and financial institutions. The funds raised through the fresh issue will enhance the company’s capital base to support future growth.

Registered with the National Housing Bank since September 2015, Bajaj Housing Finance is a non-deposit-taking housing finance company offering financial solutions for residential and commercial property purchases, renovations, and more. It has been classified as an “upper-layer” NBFC by the RBI.

For the financial year 2023-24, Bajaj Housing Finance reported a net profit of Rs 1,731 crore, marking a 38% increase from Rs 1,258 crore in FY23.

Recent months have seen successful listings of other housing finance companies like Aadhar Housing Finance and India Shelter Finance. Bajaj Housing Finance filed for a Rs 7,000 crore IPO in June, which received approval from the market regulator earlier this month. Kotak Mahindra Capital Company Ltd, BofA Securities India Ltd, SBI Capital Markets Ltd, Goldman Sachs (India) Securities Private Ltd, and JM Financial Ltd are the book-running lead managers for this IPO.

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CMR Green Technologies IPO Date, Price, GMP, Review, Company Profile, Risk, Financials 2023

New Post has been published on https://wealthview.co.in/cmr-green-technologies-ipo/

CMR Green Technologies IPO Date, Price, GMP, Review, Company Profile, Risk, Financials 2023

CMR Green Technologies IPO: CMR Green Technologies Ltd. is a subsidiary of the CMR Group, India’s largest producer of aluminum and zinc die-casting alloys. They operate through twelve manufacturing plants across India and are known for utilizing advanced technology and sustainable practices in their metal recycling and alloy production processes.

CMR Green Technologies IPO Details:

IPO Dates: The IPO dates have not yet been officially announced.

Offer Size: The offer size is also not yet disclosed.

Price Band: The price band for the issue is yet to be determined.

Recent News Updates:

CMR Green has been consistently expanding its operations and production capacity, showcasing strong financial performance. They have also received recognition for their commitment to environmental sustainability, which could attract ESG-focused investors.

Potential concerns: The current economic climate and volatility in the metals market could pose some challenges for the IPO. Additionally, the lack of specific details about the offer size and price band might make it difficult for investors to assess the potential risks and rewards.

CMR Green Technologies Company Profile:

Founded in 2006, CMR Green Technologies Ltd. is a subsidiary of the CMR Group, India’s largest producer of aluminum and zinc die-casting alloys.

CMR Green focuses on metal recycling and alloy production, operating through 12 manufacturing plants across India.

They utilize advanced technology and sustainable practices to process scrap metal into high-quality alloys for various industries, including automotive, construction, and consumer goods.

Market Position and Share:

CMR Green holds a dominant position in the Indian metal recycling market, with an estimated market share of 25-30%.

They are recognized as a leader in sustainable metal recycling, winning awards for their innovative practices and environmental commitment.

Key Details:

Founded: 2006

Headquarters: Faridabad, Haryana, India

Chairman and Managing Director: Mr. Gurbinder Singh

Employees: Over 2,500

Website: https://cmr.co.in/

Prominent Brands and Partnerships:

CMR Green supplies alloys to major automakers like Maruti Suzuki, Hyundai, and Mahindra & Mahindra.

They have joint ventures with renowned Japanese companies like Toyota Tsusho Corporation and Nikkei MC Aluminium for advanced alloy production.

Milestones and Achievements:

Achieved a production capacity of over 310,700 MT of aluminum and zinc die-casting alloys.

Received prestigious awards like the CII Green Building Award and the Greentech Technology Award for their sustainable practices.

Successfully expanded operations internationally, with a presence in the Middle East and Southeast Asia.

Competitive Advantages and Unique Selling Proposition (USP):

Technological expertise: CMR Green invests heavily in R&D, employing cutting-edge technology for efficient and environmentally friendly recycling processes.

Strong brand reputation: They are recognized for their quality products, reliable supply chain, and commitment to sustainability.

Vertical integration: CMR Green controls the entire metal recycling value chain, from scrap collection to alloy production, ensuring cost-effectiveness and quality control.

Focus on sustainability: Their commitment to environmentally responsible practices attracts customers and investors who value ESG (environmental, social, and governance) principles.

Financials:

Particulars FY21 FY20 FY19 Revenue 2913.2 0.00 0.01 EBITDA 336.53 -0.01 -0.01 PAT 40.7 0.12 0.05 EPS (basic in Rs.) 0.98 0.05 0.02 ROE 0.23% 0.57% 2.84% ROCE 23.6% 21.5% 24.3%

Particulars FY21 FY20 FY19 Total Assets 2924.6 121.7 39.5 Share Capital 0.33 0.39 0.39 Total Borrowings 481.2 0.02 0.01

CMR Green Technologies: Potential Risks and Concerns for Investors

Market Volatility:

Indian stock market fluctuations: The Indian stock market, like any other, is susceptible to economic and political uncertainties. A downturn could negatively impact the IPO performance and post-listing share price.

Global market influence: Global market trends and events, such as economic recessions or geopolitical conflicts, can also affect the IPO and subsequent share price.

Industry Headwinds:

Metal prices: Fluctuations in metal prices can impact CMR Green’s profitability. A significant drop could squeeze margins and reduce earnings.

Scrap availability: Dependence on the availability of scrap metal could create challenges if supply chains are disrupted or if competitors drive up prices.

Competition: The metal recycling industry is competitive, and new entrants or established players could pose challenges to CMR Green’s market share.

Environmental regulations: Stricter environmental regulations could increase operating costs for CMR Green, potentially impacting profitability.

Company-Specific Challenges:

Limited financial information: Without access to CMR Green’s financial statements, assessing their financial health and potential red flags is difficult. The official IPO prospectus will be crucial for in-depth analysis.

Expansion risks: CMR Green’s ambitious expansion plans (new plants, markets) carry inherent risks. Execution challenges or unforeseen circumstances could hinder success.

Key personnel dependence: Reliance on key management personnel or specific suppliers could create vulnerabilities if these individuals or entities cease to be available.

Financial Health Analysis:

Once the IPO prospectus is released, key financial ratios like debt-to-equity, P/E, and return on equity should be evaluated. These will provide insights into the company’s financial stability, valuation compared to industry benchmarks, and profitability.

Look for any inconsistencies or lack of transparency in the financial information provided. Ambiguous or overly aggressive future growth projections could be red flags.

Investor Advice:

Conduct thorough research: Read and analyze the official IPO prospectus carefully.

Seek professional guidance: Consult with financial advisors who specialize in IPOs and understand the associated risks.

Diversify your portfolio: Don’t put all your eggs in one basket. Spread your investments across different sectors and asset classes to mitigate risks.

Remember past performance is not indicative of future results: CMR Green’s past successes do not guarantee future profitability or share price growth.

Disclaimer: This information is for educational purposes only and should not be considered financial advice. Always conduct your own research and consult with a financial advisor before making any investment decisions.

CMR Green Technologies Limited – DRHP

Also Read: How to Apply for an IPO?

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Bajaj Housing Finance IPO: A Detailed Analysis

Bajaj Housing Finance has recently made waves in the Indian stock market by launching its Initial Public Offering (IPO). This significant move by the Bajaj Group-backed company has created a buzz due to the overwhelming response from investors. Scheduled to finalize the share allotment on Thursday, September 12, this IPO has set a record in terms of bids and investor interest. In this article, we…

[michaelsmith-us]

Bajaj Housing Finance IPO: A Detailed Analysis

Bajaj Housing Finance has recently made waves in the Indian stock market by launching its Initial Public Offering (IPO). This significant move by the Bajaj Group-backed company has created a buzz due to the overwhelming response from investors. Scheduled to finalize the share allotment on Thursday, September 12, this IPO has set a record in terms of bids and investor interest. In this article, we…

[financesaathi]

Tolins Tyres IPO: Key Details and Review of ₹230 Crore Issue

What's covered in the Article:

Tolins Tyres is launching an IPO with a fresh issue of ₹200 Crores and an offer for sale of ₹30 Crores, with shares priced between ₹215 to ₹226.

The subscription period runs from September 09 to September 11, 2024, with the allotment expected on September 13 and listing on September 16, 2024.

The IPO proceeds will be used for loan repayments, working capital augmentation, and investments in the company's subsidiary.

Tolins Tyres, a prominent name in the tire industry since its establishment in 1982, is set to launch its Initial Public Offering (IPO) to raise ₹230.00 Crores. The company has grown from a small-scale industry unit to a leading producer specializing in a diverse range of products, including two and three-wheeler tyres, Light Commercial Vehicle (LCV) tyres, and Agriculture tyres.

The Tolins Tyres IPO comprises a fresh issue of 8.84 lakh shares worth ₹200.00 Crores and an offer for sale of 1.32 lakh shares totaling ₹30.00 Crores. The subscription period for the IPO opens on September 09, 2024, and closes on September 11, 2024. The shares will be listed on the BSE and NSE, with a tentative listing date set for September 16, 2024.

The IPO’s share price band is set between ₹215 to ₹226 per equity share, with a minimum lot size of 66 shares. Retail investors need to invest a minimum of ₹14,916, while High-Net-Worth Individuals (HNIs) are required to invest in 14 lots (924 shares), amounting to ₹208,824.

Saffron Capital Advisors Private Limited is the book-running lead manager, and Cameo Corporate Services Limited is the registrar for the issue.

Tolins Tyres Limited IPO GMP Today: The Grey Market Premium (GMP) for Tolins Tyres Limited IPO is expected to be in the range of ₹ to ₹. The GMP reflects the market's speculative view and is based on demand and supply dynamics. It is important to note that GMP is not a reliable indicator of actual listing gains, as it is not regulated.

Get More Info : Latest IPO Information

Website : https://financesaathi.com/

[nikkhilblog]

SD Retail Logo IPO Allotment Details.

Are you eagerly awaiting the SD Retail Logo IPO allotment details?

Stay tuned for updates on the allotment date, price, and a comprehensive IPO review.

For more detailed information, visit our page. https://hmatrading.in/sd-retail-logo-ipo-details/

[news-today-florial-blog]

Paramount Speciality Forgings IPO Date, Review, Price, Allotment Details

Paramount Speciality Forgings IPO is opening for subscription on September 17, 2024, and closing on September 19, 2024. This NSE SME IPO aims to raise ₹32.34 crores, consists of ₹28.33 Crore fresh issue and ₹4.01 Crore offer for sale of 5,482,000 equity shares, each with a face value of ₹10. The price band for the Paramount Speciality Forgings IPO is fixed at ₹57 - ₹59 Per Share, with a market lot of 2000 share. The allocation for this IPO is as follows: 35% for retail investors, 50% for QIBs, and 15% for high-net-worth individuals (HNI). Paramount Speciality Forgings IPO Allotment will done on September 20, 2024, and Paramount Speciality Forgings IPO listing date is September 24, 2024.   Paramount Speciality Forgings Company Profile Paramount Speciality Forgings Limited, established in November 1994, is a prominent manufacturer of steel forgings in India. Since its inception, the company has seen substantial growth, expanding its operations and investing in advanced machinery to enhance and diversify its production capabilities. Paramount Speciality Forgings now offers a wide range of forged products, with weights ranging from 1 kg to 4 tons, available in both raw and finished conditions. Their products meet stringent national and international standards and are utilized across various industries, including petrochemical, chemical, fertilizer, oil and gas, nuclear, and other heavy industries. The company has developed an Integrated Management System (IMS) to streamline its processes and ensure continuous improvement in environmental, health, and safety performance. This system is designed with consideration of internal and external issues, employee requirements, and stakeholder needs, ensuring ongoing enhancement of its operations. Paramount Speciality Forgings' product line includes tube sheets, forged rings, spacers, circumferential flanges, tyre rings, self-reinforced nozzles, long welding neck flanges, seats, valve bodies, and hoods, among others. The company operates two manufacturing facilities in Maharashtra—one in Kamothe and the other in Khalapur. The Kamothe facility features a drop forging plant equipped with two pneumatic jackhammers (2T and 5T) and a drop forging hammer with a capacity of 1.5 MT, enabling the production of forgings up to 120 kg.   Paramount Speciality Forgings IPO GMP   Paramount Speciality Forgings IPO Objectives The funds raised through the IPO will be utilized for: - Capital expenditure for machinery and equipment at their Khopoli Plant. - General corporate purposes.   Paramount Speciality Forgings IPO Key Details - Paramount Speciality Forgings IPO Open Date: September 17, 2024 - Paramount Speciality Forgings IPO Close Date: September 19, 2024 - Paramount Speciality Forgings IPO Size: Approximately ₹32.34 crores, 5,482,000 Equity Shares - Face Value: ₹10 Per Equity Share - Paramount Speciality Forgings IPO Price Band: ₹57 - ₹59 Per Equity Share - Paramount Speciality Forgings IPO Listing on: NSE SME IPO - Retail Quota: 35% of the net offer - QIB Quota: 50% of the net offer - HNI Quota: 15% of the net offer   Paramount Speciality Forgings IPO Timeline - Paramount Speciality Forgings IPO Open Date: September 17, 2024 - Paramount Speciality Forgings IPO Close Date: September 19, 2024 - Basis of Allotment: September 20, 2024 - Refunds: September 23, 2024 - Credit to Demat Account: September 23, 2024 - Paramount Speciality Forgings IPO Listing Date: September 24, 2024   How to Apply for Paramount Speciality Forgings IPO Investors can apply for the Paramount Speciality Forgings IPO through ASBA (Applications Supported by Blocked Amount) online via their bank accounts or by using the offline IPO forms, which can be downloaded from the NSE website.   Paramount Speciality Forgings Financial Performance (in Crores) - Year 2021: Revenue ₹51.94, Expense ₹52.49, PAT ���0.27 - Year 2022: Revenue ₹92.43, Expense ₹88.60, PAT ₹3.13 - Year 2023: Revenue ₹112.24, Expense ₹108.66, PAT ₹2.76 - June 2023: Revenue ₹30.12, Expense ₹28.61, PAT ₹0.77   Paramount Speciality Forgings Valuation FY2024 - Earnings Per Share (EPS): ₹2,758.40 per Equity Share - Price/Earnings (P/E) Ratio: NA - Return on Net Worth (RoNW): 17.61% - Net Asset Value (NAV): ₹1,566.14 per Equity Share   Paramount Speciality Forgings Peer Group - N/A   Paramount Speciality Forgings Company Promoters - Aliasgar Roshan Hararwala - Mohammed Salim Hararwala - Aliasgar Abdulla Bhagat - Abdulla Aliasgar Bhagat - Hoozefa Saleem Hararwala - Abbasali Salim Hararwala - Zahid Mohamadi Hararwala - Roshan Alihusain Hararwala   Paramount Speciality Forgings IPO Registrar Purva Sharegistry India Pvt Ltd 9, Shiv Shakti Industrial Estate, JR Borica Marg, Lower Parel (East), Mumbai - 400 011 Website: https://www.purvashare.com/investor-service/ipo-query Phone: +91-022-23018261/ 23016761 Email: support@purvashare.com   Paramount Speciality Forgings IPO Allotment Status Check - Check the Paramount Speciality Forgings IPO allotment status on the Purva Sharegistry India website.   Paramount Speciality Forgings IPO Allotment Link - Check the Paramount Speciality Forgings IPO allotment on the Check Ipo Allotment website.   Paramount Speciality Forgings IPO Lead Managers (Merchant Bankers) - Swaraj Shares & Securities Pvt. Ltd   Paramount Speciality Forgings Company Address 3, 1, Guru Himmat Building, Dr. Mascarenhas Road Anjirwadi, Mazgaon, Mumbai ,Maharashtra -400 010 India Website: https://paramountforge.com/ Phone: +91-22-23732656 Email: compliance@paramountforge.org   Paramount Speciality Forgings IPO FAQs   What is Paramount Speciality Forgings IPO? Paramount Speciality Forgings IPO is an NSE SME IPO. They are going to raise ₹32.34 crores via IPO. The issue is priced at ₹57 - ₹59 Per equity share. The IPO is to be listed on NSE.   When will the Paramount Speciality Forgings IPO open? The IPO is to open on September 17, 2024, for NII, and Retail Investors.   What is Paramount Speciality Forgings IPO Investors Portion? The investors’ portion for QIB is 50%, HNI is 15%, and Retail is 35%.   How to Apply for the Paramount Speciality Forgings IPO? You can apply for Shelter Finance IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.   How to Apply Gala Precision Engineering IPO through M-Stock? For those using M-Stock, the application process involves logging into the M-Stock Account, selecting the IPO under the Product Tab, and then filling in the necessary details. Approval through a UPI app is also required. Opening a Demat Account with M-Stock may be necessary for some applicants. Open Demat Account with M-Stock.   How to Apply the Paramount Speciality Forgings IPO through Alice Blue? Alice Blue users can apply by logging into the Alice Blue application, selecting the IPO, and confirming their application. Similar to other methods, approval via a UPI app is required. Opening a Demat Account with Alice Blue may also be necessary. Open a Demat Account with Alice Blue.   How to Apply for the Paramount Speciality Forgings IPO through Motilal Oswal? Log in to Motilal Oswal Application with your credentials. Select the IPO. You will see the IPO Name. Click on the Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Motilal Oswal.   What is Paramount Speciality Forgings IPO Size? Paramount Speciality Forgings IPO size is ₹32.34 crores.   What is Paramount Speciality Forgings IPO Price Band? Paramount Speciality Forgings IPO Price Band is ₹57 - ₹59 Per equity share.   What is Paramount Speciality Forgings IPO Minimum and Maximum Lot Size? The IPO bid is 2000 share with ₹118,000.   What is Paramount Speciality Forgings IPO Allotment Date? Paramount Speciality Forgings IPO allotment date is September 20, 2024.   What is Paramount Speciality Forgings IPO Listing Date? Paramount Speciality Forgings IPO listing date is September 24, 2024. The IPO to list on NSE SME IPO. Read the full article