The Parmeshwar Metal Share Price 2030 is a BSE SME offering designed to tap into the growing demand for metal products in various industries. Scheduled to launch in January 2025, this IPO presents an opportunity for investors to participate in a company focused on sustainable growth and operational excellence.
IPO Details
- IPO Opening Date: January 2, 2025
- IPO Closing Date: January 6, 2025
- Issue Price: ₹57.00 to ₹61.00 per share
- Lot Size: 2,000 shares
- Expected Listing Date: January 9, 2025
- Listing Exchange: BSE SME
Company Background: Parmeshwar Metal Limited
Parmeshwar Metal Limited is a key player in the metals and alloys sector, offering high-quality products for industrial applications. The company’s emphasis on innovation, efficiency, and environmental sustainability has enabled it to carve out a niche in a competitive market.
Objectives of the IPO
- Capacity Expansion: Increase production to cater to rising demand.
- Debt Reduction: Strengthen financial stability by repaying existing liabilities.
- Working Capital Requirements: Enhance liquidity for smooth operations.
- Market Penetration: Expand the company’s presence in new and existing markets.
Financial Performance and Predictions
The company has demonstrated steady growth over the years. For the fiscal year 2023-24:
- Revenue: ₹60 crores
- Net Profit: ₹5 crores
- Year-over-Year Growth: 15%
| Year | Predicted Share Price (₹) |
|---|---|
| 2025 | ₹65 – ₹75 |
| 2026 | ₹75 – ₹90 |
| 2027 | ₹90 – ₹110 |
| 2028 | ₹110 – ₹130 |
| 2029 | ₹130 – ₹155 |
| 2030 | ₹155 – ₹180 |
These predictions are based on market trends and the company’s projected growth trajectory.
Subscription and Grey Market Premium (GMP) Details
- Retail Investors: Likely to see robust participation due to the affordable price range and lot size.
- Qualified Institutional Buyers (QIBs): Moderate interest expected.
- Non-Institutional Investors (NIIs): Anticipated strong interest given the growth potential.
GMP (as of January 2025): ₹5 – ₹7, indicating positive sentiment among investors.
Key Growth Factors
- Rising Demand in Metal Products: Industrial growth drives the need for quality metal supplies.
- Sustainable Practices: Focus on eco-friendly and energy-efficient production processes.
- Technological Advancements: Integration of modern technology to improve productivity.
- Market Expansion: Strategic plans to enter new geographic and industrial markets.
Conclusion: Is Parmeshwar Metal Limited a Good Investment?
Parmeshwar Metal Limited offers an attractive investment opportunity for those interested in the metals and alloys sector. With a robust financial track record, growth-oriented objectives, and a promising market outlook, the company is well-positioned for success. However, as with all investments, potential investors should assess their risk tolerance and perform due diligence before making a commitment.