Bookbuilding IPO | ₹[.] Cr | Listing at NSE SME |
Parmeshwar Recycling Ltd. IPO is a Book Build Issue consisting solely of fresh issue of upto 0.35 crore equity shares.
The equity shares are proposed to be listed on the NSE SME. Cumulative Capital Pvt.Ltd. is the book running lead manager and Cameo Corporate Services 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 Parmeshwar Recycling IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Total Issue Size | 35,00,000 shares (agg. up to ₹[.] Cr) |
| Fresh Issue | 35,00,000 shares (agg. up to ₹[.] Cr) |
| Share Holding Pre Issue | 62,20,000 shares |
| Share Holding Post Issue | 97,20,000 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Sat, Sep 27, 2025 |
| SEBI/Exchange approval received | Wed, Jan 28, 2026 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Issue |
| Retail Shares Offered | Not less than 35% of the Net Offer |
| NII Shares Offered | Not less than 15% of the Net Offer |
Incorporated in 2018, Parmeshwar Recycling Limited is engaged in the manufacturing and supply of aluminium ingots, aluminium alloy ingots, and aluminium de-oxidisers, including products such as notch bars, cubes, and shots.
The company’s product portfolio includes high-purity aluminium ingots (approx. 98%), aluminium alloy ingots composed of aluminium, silicon, and copper, and various forms of aluminium de-oxidizers designed for use in steel and alloy manufacturing processes.
In addition to manufacturing, the company is involved in trading aluminium and other non-ferrous metal scraps such as copper and magnesium.
The primary raw material, aluminium scrap, is sourced domestically and through imports from countries including the United States, the United Kingdom, Europe, Italy, Singapore, and select Middle Eastern nations.
The company’s manufacturing facility and registered office are located at Lavad, Gandhinagar, Gujarat, covering an area of approximately 8,870 square meters.
As of August 31, 2025, the company employed 18 personnel across various functional roles.
Parmeshwar Recycling Ltd.'s revenue increased by 18% and profit after tax (PAT) rose by 195% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 55.36 | 32.26 | 28.87 |
| Total Income | 151.77 | 128.76 | 123.56 |
| Profit After Tax | 2.98 | 1.01 | 0.01 |
| EBITDA | 6.04 | 3.32 | 0.39 |
| NET Worth | 8.96 | 5.47 | 4.46 |
| Reserves and Surplus | 2.74 | 3.97 | 2.96 |
| Total Borrowing | 40.96 | 25.09 | 21.89 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Enhancement of Existing Facilities through Modern Machinery and Addition of an Aluminium Wire ROD Manufacturing Unit | 3.03 |
| 2 | Funding the working capital requirements of the Company. | 15.00 |
| 3 | General Corporate Purpose |
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 41.32% |
| ROCE | 13.21% |
| Debt/Equity | 4.57 |
| RoNW | 33.28% |
| PAT Margin | 1.96% |
| EBITDA Margin | 4.00% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 4.79 | 3.07 |
| Promoter Holding | 68% |
Lead Manager Reports
Parmeshwar Recycling IPO is a SME IPO of 35,00,000 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The Parmeshwar Recycling IPO open and close dates are not available as of now.
Cameo Corporate Services Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Parmeshwar Recycling IPO using UPI as a payment gateway. Zerodha customers can apply in Parmeshwar Recycling IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Parmeshwar Recycling IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Parmeshwar Recycling IPO dates are not announced. Please check back again after some time.
Parmeshwar Recycling IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Parmeshwar Recycling 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 Parmeshwar Recycling IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Parmeshwar Recycling IPO allotment status.
The Parmeshwar Recycling IPO listing date is not yet announced. The tentative date of listing is .
