Bookbuilding IPO | ₹600 Cr | Listing at BSE, NSE |
SEBI has approved the Initial Public Offer (IPO) of Paramesu Biotech Ltd. on February 28, 2025. The company will proceed with next steps to launch the Initial Public Offer (IPO) subject to market conditions and other approvals. The SEBI approval is valid for 12 months.
Paramesu Biotech Ltd. IPO is a Book Build Issue of ₹600.00 crores consisting of a fresh issue of shares worth Rs ₹520.00 crores and an offer for sale (OFS) of ₹80.00 crores.
The equity shares are proposed to be listed on NSE and BSE. Pantomath Capital Advisors Pvt.Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Paramesu Biotech IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹5 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | [.] shares (agg. up to ₹600 Cr) |
| Fresh Issue | [.] shares (agg. up to ₹520 Cr) |
| Offer for Sale | [.] shares of ₹5 (agg. up to ₹80 Cr) |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Thu, Nov 7, 2024 |
| SEBI/Exchange approval received | Fri, Feb 28, 2025 |
| SEBI approval expired | Sat, Feb 28, 2026 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Offer |
| Retail Shares Offered | Not less than 35% of the Offer |
| NII Shares Offered | Not less than 15% of the Offer |
Incorporate 2011, Paramesu Biotech Limited is a manufacturer of maize based speciality products in India, such as liquid glucose, corn oil, corn syrup, and maltodextrin.
The company offers a diversified portfolio of maize based speciality products, including native maize starch, modified maize starches, liquid glucose, maltodextrin powder, and co-products like germs, gluten, fiber, corn steep liquour and enriched fibre, amongst others.
The company currently operates out of its production unit in Andhra Pradesh's West Godavari District, Devarapalli.
Paramesu Biotech Limited's major customers include Emami Paper Mills Limited, Tunav Food Products LLP, Singhania Foods International, Prayagh Consumer Care Private Limited, S.A. Pharmachem Private Limited, ALMS Food Private Limited, Shree Vijay Oils, Shri Guru Oil Industries, Vikas Cattlefeed, PT Torabika Eka Semesta, Lotus Essential SDN BHD, and PT. Lamtana Multijaya.
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 479.44 | 439.68 | 319.17 | 238.88 |
| Total Income | 409.39 | 629.29 | 625.34 | 496.60 |
| Profit After Tax | 26.85 | 40.34 | 32.52 | 33.97 |
| NET Worth | 200.10 | 173.12 | 132.96 | 100.95 |
| Total Borrowing | 216.18 | 205.88 | 140.56 | 81.98 |
| Amount in ₹ Crore | ||||
| KPI | |
|---|---|
| ROE | 23.30% |
| ROCE | 18.13% |
| RoNW | 23.30% |
| PAT Margin | 6.41% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 92.19% |
Lead Manager Reports
Paramesu Biotech IPO is a main-board IPO of 0 equity shares of the face value of ₹5 aggregating up to ₹600 Crores. The issue is priced at To be declared. The minimum order quantity is .
The Paramesu Biotech IPO open and close dates are not available as of now.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Paramesu Biotech IPO using UPI as a payment gateway. Zerodha customers can apply in Paramesu Biotech IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Paramesu Biotech IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Paramesu Biotech IPO dates are not announced. Please check back again after some time.
Paramesu Biotech IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Paramesu Biotech IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Paramesu Biotech IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Paramesu Biotech IPO allotment status.
The Paramesu Biotech IPO listing date is not yet announced. The tentative date of listing is .
