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15 Days Price Change

Paramount Spec Forg IPO

Closing In

  • days
  • Hours
  • Minutes
  • Seconds
Profile
Issue Size --
Profile
Price Range 57  to  59 per share
Profile
Min Investment ₹59
Profile
Lot Size 1
Profile
Face Value ₹10
Profile
Draft Prospectus --
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Profile
  • Basic Info
  • IPO Tentative Timetable
  • IPO Lot Size
  • Subscription Status
  • Financials
  • Profit & Loss
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Growth Rates
  • Other info

Overview

Paramount Speciality Forgings Limited is a distinguished player in the forging industry, renowned for its commitment to precision and quality. Established with a focus on specialized forgings, the company serves a diverse range of sectors including aerospace, automotive, and defense. Paramount Speciality Forgings boasts state-of-the-art manufacturing facilities and a highly skilled workforce, ensuring that each product meets the rigorous standards required by its clients. The company is recognized for its innovation in forging technology, which allows it to produce high-strength, high-performance components tailored to specific industrial needs. With a reputation for reliability and technical excellence, Paramount Speciality Forgings Limited has built strong partnerships with leading companies around the world. Its dedication to continuous improvement and customer satisfaction underscores its position as a leading force in the global forging industry. Read More

Basic Info

Face Value 10 per share

Price 57  to  59 per share

P/E (x) 22.7

Sales( Cr.) 110

PAT( Cr.) 4

EPS 2.6

Draft Prospectus --

Exchange NSE-SME

Promoter

Company Promoters

Aliasgar Roshan Hararwala Aliasgar Abdulla Bhagat Mohammed Salim Hararwala Abdulla Aliasgar Bhagat

Pre Issue Share Holding 100%

Post Issue Share Holding 72.15%

Listing Details:

Listing Price: 83

Listing Gain: 28.92%

Current Price: 31.5

Gain On Issue: 31.5 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date Sep 17, 2024
Closing Date Sep 20, 2024
Allotment Sep 23, 2024
Refund Sep 24, 2024
Delivery of Shares Sep 24, 2024
Listing Date Sep 25, 2024

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 2000 118,000
Retail (Max) 1 2000 118,000
S-HNI (Min) 2 4000 236,000
S-HNI (Max) 8 16000 944,000
B-HNI (Min) 9 18000 1,062,000

Objective of the Issue

1. Capital expenditure through the purchase of machinery and equipment required for expansion at the Khopoli Plant 2. General Corporate purposes

Issue

Category Nos Bid Bid (x)
QIB 0 0 0x
NII 2741000 603677840 220.2x
Retail 2741000 113340350 41.4x
EMP 0 0 0x
Total 5482000 405010160 73.9x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

Paramount Spec Forg Profit & Loss

#(Fig in Cr.) Mar 2024 Mar 2025 TTM
Net Sales 103 110
Other Income 1 1
Total Income 104 111
Total Expenditure 90 101
Operating Profit 14 9
Interest 2 2
Depreciation 4 1
Exceptional Income / Expenses 0 0
Profit Before Tax 8 6
Provision for Tax 2 1
Profit After Tax 5 4
Adjustments 0 0
Profit After Adjustments 5 4
Adjusted Earnings Per Share 3.6 2.3

Paramount Spec Forg Balance Sheet

#(Fig in Cr.) Mar 2024 Mar 2025
Shareholder's Funds 23 52
Minority's Interest 0 0
Borrowings 0 0
Other Non-Current Liabilities 6 7
Total Current Liabilities 58 65
Total Liabilities 87 124
Fixed Assets 10 13
Other Non-Current Assets 7 10
Total Current Assets 70 102
Total Assets 87 124

Paramount Spec Forg Cash Flow

#(Fig in Cr.) Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 0 0
Cash Flow from Operating Activities -4 -3
Cash Flow from Investing Activities 0 -10
Cash Flow from Financing Activities 4 27
Net Cash Inflow / Outflow -0 14
Closing Cash & Cash Equivalent 0 14

Paramount Spec Forg Ratios

# Mar 2024 Mar 2025
Earnings Per Share (Rs) 3.63 2.27
CEPS(Rs) 6.42 2.99
DPS(Rs) 0 0
Book NAV/Share(Rs) 15.43 26.41
Core EBITDA Margin(%) 12.63 7.74
EBIT Margin(%) 9.29 7.33
Pre Tax Margin(%) 7.35 5.34
PAT Margin (%) 5.26 4.06
Cash Profit Margin (%) 9.3 5.36
ROA(%) 6.22 4.23
ROE(%) 23.54 11.92
ROCE(%) 19.94 12.48
Receivable days 58.04 61.35
Inventory Days 136.85 140.81
Payable days 163.32 158.94
PER(x) 0 19.06
Price/Book(x) 0 1.64
Dividend Yield(%) 0 0
EV/Net Sales(x) 0.38 0.86
EV/Core EBITDA(x) 2.88 9.93
Net Sales Growth(%) 0 6.94
EBIT Growth(%) 0 -15.65
PAT Growth(%) 0 -17.38
EPS Growth(%) 0 -37.54
Debt/Equity(x) 1.09 0.56
Current Ratio(x) 1.2 1.56
Quick Ratio(x) 0.54 0.85
Interest Cover(x) 4.8 3.69
Total Debt/Mcap(x) 0 0.34

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 7% 0% 0% 0%
Operating Profit CAGR -36% 0% 0% 0%
PAT CAGR -20% 0% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -38% NA% NA% NA%
ROE Average 12% 18% 18% 18%
ROCE Average 12% 16% 16% 16%

Company Contact Information

Paramount Speciality Forgings Ltd.

3, 1, Guru Himmat Building Dr. Mascarenhas Road Anjirwadi Mazgaon

IPO Lead Manager(s)

Paramount Speciality Forgings Ltd.

Swaraj Shares and Securities Private Limited

Registrar Info

Paramount Speciality Forgings Ltd.

Frequently Asked Questions

All You Need To Know About IPO

When you leave without vesting, generally unvested ESOPs are cancelled. Vested ESOPs usually can be exercised after you depart, often within 3 to 6 months, depending on the company's ESOP plan.

For companies listed on a stock exchange, you can sell the shares any time after you exercise the ESOP option and the shares are in your demat account. If the company is unlisted or otherwise a startup, you can only sell the shares if and when the company announces a buyback or has a process for secondary sales.

Whenever you exercised your options to hold shares, you entered into a market risk situation, and if the valuation of the company drops, so do the shares.

Yes. ESOPs are valuable to the employer in that the employer is able to retain the best talent, align employee interests with company goals, and preserve cash while rewarding performance.

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