Parmeshwar Metal Ltd - IPO

Parmeshwar Metal Ltd IPO Details

Initial public issue of upto 4100000 equity shares of face value of Rs. 10/- each of Parmeshwar Metal Limited (PML or the Company or the Issuer) for cash at a price of Rs. [*]/- per equity share including a share premium of Rs. [*]/- per equity share (the Issue Price) aggregating to Rs. [*] crores (The Issue), of which [*] equity shares of face value of Rs. 10/- each for cash at a price of Rs. [*]/- per equity share including a share premium of Rs. [*]/- per equity share aggregating to Rs. [*] crores will be reserved for subscription by market maker to the issue (the Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. net issue of [*] equity shares of face value of Rs. 10/- each at a price of Rs. [*]/- per equity share ncluding a share premium of Rs. [*]/- per equity share aggregating to Rs. [*] crores is herein after referred to as the Net Issue. The issue and the net issue will constitute [*]% and [*]%, respectively, of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10/- each. The price band and the minimum bid lot will be decided by the company.

Objective of issue

Setting up a new mfg facility at. Funding of capital expenditure for furance renovation. To meet working capital requirements. General corporate purposes.

Parmeshwar Metal Ltd Contact Details

Parmeshwar Metal Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

Phone - 91-22-49186000

Fax - 91-22-49186060

Email - cs@parmeshwarmetal.com

Website - www.parmeshwarmetal.com