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Paramount Speciality Forgings IPO vs Pelatro IPO

Comparison between Paramount Speciality Forgings IPO and Pelatro IPO.

IPO Details

Paramount Speciality Forgings IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Pelatro IPO is a SME Bookbuilding proposed to list at NSE SME.

 Paramount Speciality Forgings IPOPelatro IPO
LogoParamount Speciality Forgings IPO LogoPelatro IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingBookbuilding
Listing AtNSE SMENSE SME
Lead ManagersSwaraj shares & securities Pvt.Ltd.Cumulative Capital Pvt.Ltd.
RegistrarPurva Sharegistry (India) Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerShreni Shares Ltd.Shree Bahubali Stock Broking Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Paramount Speciality Forgings IPO is up to ₹30.72 Cr whereas the issue size of the Pelatro IPO is up to ₹53.17 Cr. The final issue price of Paramount Speciality Forgings IPO is ₹59.00 per share and of Pelatro IPO is ₹200.00 per share.

 Paramount Speciality Forgings IPOPelatro IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹57.00 per share₹190.00 per share
Issue Price (Upper)₹59.00 per share₹200.00 per share
Issue Price (Final)₹59.00 per share₹200.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹0.00 per share
Market Lot Size2000 shares600 shares
Fresh Issue Size45,26,000 shares26,58,600 shares
Fresh Issue Size (Amount)up to ₹26.70 Crup to ₹53.17 Cr
OFS Issue Size6,80,000 shares0 shares
OFS Issue Size (Amount)up to ₹4.01 Crup to ₹0.00 Cr
Issue Size Total52,06,000 shares26,58,600 shares
Issue Size Total (Amount)up to ₹30.72 Crup to ₹53.17 Cr

IPO Timetable

Paramount Speciality Forgings IPO opens on Sep 17, 2024, while Pelatro IPO opens on Sep 16, 2024. The closing date of Paramount Speciality Forgings IPO and Pelatro IPO is Sep 20, 2024, and Sep 19, 2024, respectively.

 Paramount Speciality Forgings IPOPelatro IPO
Anchor Bid DateSep 16, 2024Sep 13, 2024
Issue OpenSep 17, 2024Sep 16, 2024
Issue CloseSep 20, 2024Sep 19, 2024
Basis Of Allotment (Tentative)Sep 23, 2024Sep 20, 2024
Initiation of Refunds (Tentative)Sep 24, 2024Sep 20, 2024
Credit of Share (Tentative)Sep 24, 2024Sep 23, 2024
Listing date (Tentative)Sep 25, 2024Sep 24, 2024
Anchor Lockin End date 1Oct 22, 2024Oct 20, 2024
Anchor Lockin End date 2Dec 21, 2024Dec 19, 2024

Financials & KPIs

Paramount Speciality Forgings IPO P/E ratio is 12.1, as compared to Pelatro IPO P/E ratio of -77.78.

 Paramount Speciality Forgings IPOPelatro IPO
Financials

Paramount Speciality Forgings Limited Financial Information (Restated)

Paramount Speciality Forgings Limited's revenue increased by 1% and profit after tax (PAT) rose by 163% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets8,179.187,223.875,450.48
Total Income11,363.6211,224.19,243.16
Profit After Tax725.36275.84313.44
Net Worth2,291.491,566.141,970.49
Reserves and Surplus803.491,565.141,969.49
Total Borrowing2,492.822,027.651,176.93
Amount in ₹ Lakhs

Pelatro Limited Financial Information (Restated Consolidated)

Period Ended31 Mar 2024
Assets5,780.92
Total Income5,536.54
Profit After Tax-195.62
Net Worth1,202.89
Reserves and Surplus502.89
Total Borrowing1,867.58
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)100.0073.31
Promoter Shareholding (Post-Issue)72.1553.59
P/E Ratio12.1-77.78
Market Cap₹116.12 Cr.₹208.13 Cr.
ROE32%-15.48%
ROCE40%3.85%
Debt/Equity1.091.55
EPS₹4.87₹-2.57
RoNW31.65%-15.48%

Shares Offered

In the Paramount Speciality Forgings IPO Retail Individual Investors (RII) are offered 18,24,000 shares while in Pelatro IPO retail investors are offered 18,24,000 shares. Qualified Institutional Buyers (QIB) are offered 10,40,000 shares in Paramount Speciality Forgings IPO and 5,21,400 shares in Pelatro IPO.

 Paramount Speciality Forgings IPOPelatro IPO
Anchor Investor Reserveration15,60,000 shares7,81,800 shares
Market Maker Reserveration2,76,000 shares1,40,400 shares
QIB10,40,000 shares5,21,400 shares
NII7,82,000 shares3,92,400 shares
RII18,24,000 shares9,13,200 shares
Employee49,800 shares
Others
Total52,06,000 shares26,58,600 shares

Bids Received (Subscription)

Paramount Speciality Forgings IPO subscribed 73.88x in total, whereas Pelatro IPO subscribed 21.94x.

 Paramount Speciality Forgings IPOPelatro IPO
QIB (times)20.88x15.22x
NII (times)220.24x55.31x
Big NII (times)
Small NII (times)
RII (times)41.35x12.58x
Employee (times)
Other (times)
Total (times)73.88x21.94x