Paramount Speciality Forgings IPO Subscription Details

Bookbuilding IPO | ₹32 Cr | Listed at NSE SME | Tue, Sep 17, 2024 - Fri, Sep 20, 2024

Basis of Allotment - Paramount Speciality Forgings IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)10,40,00015,60,00026,00,0007,82,00018,24,00052,06,000
Allotment price (Rs.)595959595959
No.of applications95143,39737,02440,435
No.of shares applied2,17,00,00020,20,0002,37,20,00017,21,52,0007,40,48,00026,99,20,000
Amount collected (Rs.cr.)128.03 11.92 139.95 1,015.70 436.88 1,592.53
No.of times subscribed20.871.299.12220.1440.6051.85
No.of shares allotted10,40,00015,60,00026,00,0007,82,00018,24,00052,06,000
Amount (Rs.cr.)6.14 9.20 15.34 4.61 10.76 30.72
No.of allottees95140912926

IPO Shares Offered

Paramount Speciality Forgings IPO is a public issue of 0.52 Cr equity shares. The issue offers 0.18 Cr shares to retail investors, 0.26 Cr shares to qualified institutional buyers, and 0.08 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
Market Maker2,76,0001.63 5.03%
QIB 26,00,00015.34 47.43%
    Anchor 15,60,000 9.20 28.46%
    QIB (Ex Anchor) 10,40,000 6.14 18.97%
NII* 7,82,0004.61 14.26%
Retail18,24,00010.76 33.27%
Total54,82,00032.34 100%

Paramount Speciality Forgings IPO Anchor Investor Allocation

A total of 15,60,000 shares at a price of Rs 59 per share will be allotted to the anchor investors.

Anchor investors bid opening dateSep 16, 2024
Anchor investor price₹59.00
Anchor investors as % of QIBs60.00%
No. of shares locked-in for 30 days7,80,000
No. of shares locked-in for 90 days7,80,000
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 SMART HORIZON OPPORTUNITY FUND SMART HORIZON 2,44,000 1.44 15.64 4.45
2 VIKASA CAPITAL INC. VIKASA 3,40,000 2.01 21.79 6.20
3 INDIA CAPITAL FUND LTD. INDIA CAPITAL 4,66,000 2.75 29.87 8.50
4 SWYOM INDIA ALPHA FUND SWYOM 1,70,000 1.00 10.90 3.10
5 INVICTA CONTINUUM FUND I INVICTA 3,40,000 2.01 21.79 6.20
15,60,0009.2010028.46

IPO Subscription FAQs

The Paramount Speciality Forgings IPO is subscribed 51.7411 times by Sep 20, 2024 18:19.

Paramount Speciality Forgings IPO Subscription

Investor Category Subscription (times)
Qualified Institutional20.8769
Non Institutional220.2353
Retail Individual41.3531
Total Subscription51.7411

Retail category of Paramount Speciality Forgings IPO subscribed 41.3531 times as of date Sep 20, 2024 18:19. The public issue closes on Fri, Sep 20, 2024 for bidding.

An investor can apply in Paramount Speciality Forgings IPO online via bank (using ASBA) or the broker (using UPI). The Paramount Speciality Forgings IPO shares are offered online only.

The Paramount Speciality Forgings IPO is subscribed 51.7411 times by Sep 20, 2024 18:19.

The Paramount Speciality Forgings IPO allotment status is expected on or around Monday, September 23, 2024. Visit Paramount Speciality Forgings IPO allotment status to check.

The Paramount Speciality Forgings IPO listing date is September 25, 2024. The equity share of Paramount Speciality Forgings IPO will list on NSE SME.

Visit Paramount Speciality Forgings IPO subscription status page for real-time bidding information about Paramount Speciality Forgings IPO.

Paramount Speciality Forgings IPO Timetable

IPO opens OnTuesday, September 17, 2024
IPO Closes OnFriday, September 20, 2024
Finalisation of Basis of AllotmentMonday, September 23, 2024
Initiation of RefundsTuesday, September 24, 2024
Credit of Shares to Demat AccountTuesday, September 24, 2024
IPO Listing DateWednesday, September 25, 2024
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