IPO Schedule
1
Open
2 Jan
2
Close
6 Jan
3
Allotment
-
4
Listing
9 Jan
Parmeshwar Metal IPO
Issue:₹61
List:₹84.5
CMP:₹148
BSELot: 2000SME
LISTEDSME
Issue Price₹61
Listing₹84.5
Current₹148
Content
About Parmeshwar Metal
Parmeshwar Metal is an SME engaged in the business of manufacturing and trading of stainless steel products. The company caters to various industries with its diverse product range.
Subscription Status
QIB
0.00x
NII
9.65x
Retail
23.44x
| Category | Day 3 | Day 2 | Day 1 |
|---|---|---|---|
| QIB | 177.32x | 0.98x | 0.00x |
| NII | 1202.83x | 29.76x | 9.65x |
| Retail | 597.09x | 76.86x | 23.44x |
| Total | 607.07x | 45.09x | 13.79x |
Risk Factors
•Fluctuations in Raw Material Prices: The company's profitability is susceptible to volatility in raw material prices, particularly stainless steel.
•Intense Competition: The metal industry is highly competitive, which may impact the company's market share and profitability.
•Dependence on Key Customers: A significant portion of the company's revenue may be derived from a few key customers, posing a concentration risk.