Parmeshwar Metal IPO Subscription Details

Bookbuilding IPO | ₹25 Cr | Listed at BSE SME | Thu, Jan 2, 2025 - Mon, Jan 6, 2025

Basis of Allotment - Parmeshwar Metal IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)7,70,00011,54,00019,24,0005,78,00013,48,00038,50,000
Allotment price (Rs.)616161616161
No.of applications7367937,0434,01,3394,38,461
No.of shares applied13,62,12,00019,68,00013,81,80,00069,58,66,00080,26,78,0001,63,67,24,000
Amount collected (Rs.cr.)830.89 12.00 842.90 4,244.78 4,896.34 9,984.02
No.of times subscribed176.901.7171.821203.92595.46425.12
No.of shares allotted7,70,00011,54,00019,24,0005,78,00013,48,00038,50,000
Amount (Rs.cr.)4.70 7.04 11.74 3.53 8.22 23.49
No.of allottees726782896741,041

IPO Shares Offered

Parmeshwar Metal IPO is a public issue of 0.39 Cr equity shares. The issue offers 0.13 Cr shares to retail investors, 0.19 Cr shares to qualified institutional buyers, and 0.06 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
Market Maker2,06,0001.26 5.08%
QIB 19,24,00011.74 47.44%
    Anchor 11,54,000 7.04 28.45%
    QIB (Ex Anchor) 7,70,000 4.70 18.98%
NII* 5,78,0003.53 14.25%
Retail13,48,0008.22 33.23%
Total40,56,00024.74 100%

Parmeshwar Metal IPO Anchor Investor Allocation

A total of 11,54,000 shares at a price of Rs 61 per share will be allotted to the anchor investors.

Anchor investors bid opening dateJan 01, 2025
Anchor investor price₹61.00
Anchor investors as % of QIBs59.98%
No. of shares locked-in for 30 days5,77,000
No. of shares locked-in for 90 days5,77,000
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 NEXT ORBIT GROWTH FUND III NEXT ORBIT 3,28,000 2.00 28.42 8.09
2 J4S VENTURE FUND J4S 1,64,000 1.00 14.21 4.04
3 MATTERHORN CAPITAL TRUST MATTERHORN 1,64,000 1.00 14.21 4.04
4 SAINT CAPITAL FUND SAINT CAPITAL 1,64,000 1.00 14.21 4.04
5 SHINE STAR BUILD-CAP PVT.LTD. SHINE STAR 1,64,000 1.00 14.21 4.04
6 ALBULA INVESTMENT FUND LTD. ALBULA 1,70,000 1.04 14.73 4.19
11,54,0007.0410028.45

IPO Subscription FAQs

The Parmeshwar Metal IPO is subscribed 425.1034 times by Jan 06, 2025 18:19.

Parmeshwar Metal IPO Subscription

Investor Category Subscription (times)
Qualified Institutional177.3169
Non Institutional1202.8304
Retail Individual597.0905
Total Subscription425.1034

Retail category of Parmeshwar Metal IPO subscribed 597.0905 times as of date Jan 06, 2025 18:19. The public issue closes on Mon, Jan 6, 2025 for bidding.

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

The Parmeshwar Metal IPO is subscribed 425.1034 times by Jan 06, 2025 18:19.

The Parmeshwar Metal IPO allotment status is expected on or around Tuesday, January 7, 2025. Visit Parmeshwar Metal IPO allotment status to check.

The Parmeshwar Metal IPO listing date is January 9, 2025. The equity share of Parmeshwar Metal IPO will list on BSE SME.

Visit Parmeshwar Metal IPO subscription status page for real-time bidding information about Parmeshwar Metal IPO.

Parmeshwar Metal IPO Timetable

IPO opens OnThursday, January 2, 2025
IPO Closes OnMonday, January 6, 2025
Finalisation of Basis of AllotmentTuesday, January 7, 2025
Initiation of RefundsWednesday, January 8, 2025
Credit of Shares to Demat AccountWednesday, January 8, 2025
IPO Listing DateThursday, January 9, 2025
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