PARMESHWAR METAL LIMITED IPO
PARMESHWAR METAL LIMITED was a SME IPO, offered at ₹57–₹61 per share. The issue was subscribed 564.04× overall (QIBs 177.32×, NIIs 887.01×, retail 597.1×). It listed on 9 Jan 2025 at ₹84 and closed its first day at ₹89, a listing gain of +45.4% versus the ₹61 issue price. It now trades around ₹282 (+362.3% versus the issue price).
Frequently asked questions
- How many times was the PARMESHWAR METAL LIMITED IPO subscribed?
- The PARMESHWAR METAL LIMITED IPO was subscribed 564.04× overall — 177.32× in the QIB category, 887.01× among non-institutional investors, 597.1× in retail.
- What were the PARMESHWAR METAL LIMITED IPO listing gains?
- PARMESHWAR METAL LIMITED listed on 9 Jan 2025 at ₹84, closing its first day at ₹89 — a listing gain of +45.4% versus the ₹61 issue price.
- What were the retail allotment odds for the PARMESHWAR METAL LIMITED IPO?
- Retail was subscribed 597.1×, so a single-lot application had roughly a 0.2% chance of allotment (about 1 in 597), and allotment was finalised on 7 Jan 2025.
- What was the price band and lot size of the PARMESHWAR METAL LIMITED IPO?
- The price band was ₹57–₹61 per share.