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Paramount Speciality Forgings Ltd

Registered Office : 3 1 Guru Himmat Building,Dr Mascar.Rd Anjirwadi Mazgaon,Mumbai Maharashtra 400010 Phone : +91 22 2373 2656
Fax :

Email : compliance@paramountforge.org

Website : www.paramountforge.com

Public offer of 54,82,000 equity shares of face value of Rs. 10.00/- each ("Equity Shares") of Paramount Speciality Forgings Limited (the "Company" or the "Issuer") for cash at a price of Rs. 59 per equity share (the "Offer Price") aggregating to Rs. 32.34 crores ("The Issue") comprising of a fresh issue of 48,02,000 of face value of Rs. 10.00/- each aggregating to Rs. 28.33 crores (the "Fresh Issue") and an offer for sale of 6,80,000 of face value of Rs. 10.00/- each of face value of by the promoter selling shareholders ("Offer for Sale") aggregating to Rs. 4.01 crores of which 2,76,000 of face value of Rs. 10.00/- each aggregating to Rs. 1.63 crores will be reserved for subscription by market maker to the offer (the "Market Maker Reservation Portion"). The offer less the market maker reservation portion i.e. net offer of 52,06,000 equity shares aggregating to Rs. 30.71 crores (the "Net Offer"). The offer and the net offer will constitute 27.85 and 26.45 respectively of the post-issue paid-up equity share capital of the company.

Issue

Opens On

Closes On

17-Sep-2024

20-Sep-2024

Money Payable On

Application

Allotment

59.00

0.00

Minimum Application for shares in Nos : 2000.0 Further Multiples of : 2000.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

0.00

32.34

19.68

59.00

Swaraj Shares & Securities Pvt Ltd

Projects

Capital expenditure through purchase of machinery and equipment required for expansion at its Khopoli Plant

General corporate expenses

Promoted By

Aliasgar Roshan Hararwala

Mohammed Salim Saharwala

Alisgar Abdulla Bhagat

Listing At

NSE - SME

Registrar to the Issue

Purva Sharegistry (I) Pvt Ltd