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15 Days Price Change

Parmeshwar Metal IPO

Closing In

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Profile
Issue Size --
Profile
Price Range 57  to  61 per share
Profile
Min Investment ₹61
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

Parmeshwar Metal Limited, established in August 2016, specializes in manufacturing copper wire and rods by recycling copper scrap. Located in Dehgam, Gujarat, the company operates an ISO 9001:2015 certified facility. Its product range includes 1.6 mm, 8 mm, and 12.5 mm copper wire rods, which are customized to meet specific customer requirements. These products find applications in a wide variety of industries, including power cables, building wires, transformers, automotive, household cables, and both bare and enamelled wires. Parmeshwar Metal Limited’s competitive strengths lie in its experienced management team, strong customer relationships, tailored product offerings, and a diverse supplier base for sourcing raw materials. Read More

Basic Info

Face Value 10 per share

Price 57  to  61 per share

P/E (x) 6.8

Sales( Cr.) 1382

PAT( Cr.) 11

EPS 9

Draft Prospectus --

Exchange BSE-SME

Promoter

Company Promoters

Mr Shantilal Kailashchandra Shah Mr Suchitkumar Maheshbhai Patel Mr Piyush Giriraj Shah Mr Radheshayam Jankilal Shah

Pre Issue Share Holding 96.33%

Post Issue Share Holding 70.81%

Listing Details:

Listing Price: 84.5

Listing Gain: 27.81%

Current Price: 214

Gain On Issue: 214 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date Jan 02, 2025
Closing Date Jan 06, 2025
Allotment Jan 07, 2025
Refund Jan 08, 2025
Delivery of Shares Jan 08, 2025
Listing Date Jan 09, 2025

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 2000 122,000
Retail (Max) 1 2000 122,000
S-HNI (Min) 2 4000 244,000
S-HNI (Max) 8 16000 976,000
B-HNI (Min) 9 18000 1,098,000

Objective of the Issue

1.Setting up a new manufacturing facility at Dehgam, Gujarat, for manufacturing of Bunched copper wire and 1.6 MM Copper Wire Rod. 2.Furnace renovation for copper melting. 3.To Meet Working Capital Requirements. 4.General Corporate Purpose.

Issue

Category Nos Bid Bid (x)
QIB 2028000 359604960 177.3x
NII 608400 731801772 1202.8x
Retail 1419600 847628964 597.1x
EMP 0 0 0x
Total 4056000 2462275920 607.1x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

Parmeshwar Metal Profit & Loss

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 538 902 972 1100 1382
Other Income 0 0 1 2 3
Total Income 538 902 973 1102 1385
Total Expenditure 531 891 958 1089 1367
Operating Profit 8 12 14 13 18
Interest 2 2 2 3 2
Depreciation 1 1 1 1 1
Exceptional Income / Expenses 0 0 0 0 0
Profit Before Tax 5 9 12 10 15
Provision for Tax 1 3 3 3 4
Profit After Tax 4 7 9 7 11
Adjustments 0 0 0 0 0
Profit After Adjustments 4 7 9 7 11
Adjusted Earnings Per Share 0.4 0.6 0.8 6.3 7.2

Parmeshwar Metal Balance Sheet

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 15 21 30 37 71
Minority's Interest 0 0 0 0 0
Borrowings 11 10 10 4 0
Other Non-Current Liabilities 1 1 1 1 1
Total Current Liabilities 6 9 13 26 17
Total Liabilities 33 41 54 68 89
Fixed Assets 9 10 11 12 12
Other Non-Current Assets 1 1 1 2 1
Total Current Assets 23 30 42 55 76
Total Assets 33 41 54 68 89

Parmeshwar Metal Cash Flow

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 0 1 3 0 2
Cash Flow from Operating Activities 7 5 -2 2 -4
Cash Flow from Investing Activities -2 -2 -2 -2 -5
Cash Flow from Financing Activities -5 -1 1 3 10
Net Cash Inflow / Outflow 1 2 -3 2 0
Closing Cash & Cash Equivalent 1 3 0 2 3

Parmeshwar Metal Ratios

# Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 0.36 0.61 0.79 6.34 7.17
CEPS(Rs) 0.41 0.67 0.86 7.1 7.79
DPS(Rs) 0 0 0 0 0.75
Book NAV/Share(Rs) 1.27 1.88 2.67 33.17 46.24
Core EBITDA Margin(%) 1.44 1.28 1.41 0.98 1.09
EBIT Margin(%) 1.34 1.23 1.4 1.11 1.22
Pre Tax Margin(%) 1 1.05 1.23 0.88 1.08
PAT Margin (%) 0.76 0.76 0.92 0.65 0.79
Cash Profit Margin (%) 0.86 0.84 1 0.73 0.86
ROA(%) 12.15 18.38 18.68 11.66 13.98
ROE(%) 28.5 38.76 34.83 21.18 20.31
ROCE(%) 26.36 35.56 33.42 23 23.9
Receivable days 10.29 6.31 6.99 6.96 7.06
Inventory Days 3.47 2.33 3.12 5.09 3.21
Payable days 2.26 0.94 0.86 1.75 1.31
PER(x) 0 0 0 0 9.2
Price/Book(x) 0 0 0 0 1.43
Dividend Yield(%) 0 0 0 0 1.14
EV/Net Sales(x) 0.04 0.02 0.02 0.02 0.08
EV/Core EBITDA(x) 2.47 1.55 1.67 2.06 5.84
Net Sales Growth(%) 0 67.58 7.75 13.2 25.65
EBIT Growth(%) 0 53.65 23.08 -10.7 38.66
PAT Growth(%) 0 68.57 29.83 -19.88 54.04
EPS Growth(%) 0 68.08 30.21 701.19 13.22
Debt/Equity(x) 0.79 0.66 0.55 0.59 0.16
Current Ratio(x) 3.75 3.3 3.11 2.13 4.47
Quick Ratio(x) 2.93 2.59 2.35 1.33 4.24
Interest Cover(x) 3.91 6.86 7.94 4.84 8.64
Total Debt/Mcap(x) 0 0 0 0 0.11

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 26% 15% 0% 0%
Operating Profit CAGR 38% 14% 0% 0%
PAT CAGR 57% 16% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 193% NA% NA% NA%
ROE Average 20% 25% 29% 29%
ROCE Average 24% 27% 28% 28%

Company Contact Information

Parmeshwar Metal Ltd.

Survey No. 130 P & 131, State Highway No. 69 Sampa Lavad Road, Village Suja Na Muvada Post- Sampa, Gandhinagar

IPO Lead Manager(s)

Parmeshwar Metal Ltd.

Beeline Capital Advisors Pvt Ltd.

Registrar Info

Parmeshwar Metal 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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