| Paramount Speciality Forgings Ltd |
|---|
| Registered Office: 3 1 Guru Himmat Building, Dr Mascar.Rd Anjirwadi Mazgaon, Mumbai - 400010, Maharashtra |
| Phone: +91 22 2373 2656 |
| 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-2024 | 20-Sep-2024 | ₹ 59.00 | ₹ 0.00 |
| Minimum Application for shares in Nos : 2000.0 Further Multiples of : 2000.0 | ||
|---|---|---|
| (₹)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 | |
| Projects |
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| Capital expenditure through purchase of machinery and equipment required for expansion at its Khopoli Plant |
| General corporate expenses |
| Promoted By |
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| Aliasgar Roshan Hararwala |
| Mohammed Salim Saharwala |
| Alisgar Abdulla Bhagat |
| Listing At |
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| NSE - SME |
| Registrar to the Issue |
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