Paramount Speciality Forgings Limited IPO
Paramount Speciality Forgings Limited was a SME IPO in the Other Industrial Products sector, offered at ₹57–₹59 per share to raise ₹32 crore. It listed on 25 Sep 2024 at ₹83 and closed its first day at ₹87, a listing gain of +47.7% versus the ₹59 issue price. It now trades around ₹30 (-49.9% versus the issue price).
Frequently asked questions
- What were the Paramount Speciality Forgings Limited IPO listing gains?
- Paramount Speciality Forgings Limited listed on 25 Sep 2024 at ₹83, closing its first day at ₹87 — a listing gain of +47.7% versus the ₹59 issue price.
- What was the price band and lot size of the Paramount Speciality Forgings Limited IPO?
- The price band was ₹57–₹59 per share, with a minimum lot of 2,000 shares (₹1,18,000 at the upper band).
- Who were the registrar and lead manager for the Paramount Speciality Forgings Limited IPO?
- Purva Sharegistry (India) Private Limited was the registrar, and Swaraj Shares was the book-running lead manager.