Paramount Speciality IPO Allotment Status Online: Paramount Speciality IPO is Open on 17 September 2024 and Close on 20 September 2024. Paramount Speciality IPO to Raise 5,482,000 shares (Approx ₹32.34 Cr) via IPO. The Fresh Issue is 4,802,000 shares (Approx ₹28.33 Cr) and The Offer For Sale is 680,000 shares of ₹10 (Approx ₹4.01 Cr).
- The Retail Quota is 35%
- QIB is 50%
- NII is 15%
Paramount Speciality IPO Basis of Allotment Status on 23 September 2024. Paramount Speciality IPO Refund Date is 24 September 2024 and Paramount Speciality IPO Credit to Demat on 24 September 2024.
Also Read: Paramount Speciality Forgings IPO GMP, Review, Price & Details
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About –
Paramount Speciality are manufacturers of steel forgings in India offering a diverse range of forged products. We have developed our business and scale of operations since its founding in 1996 and have invested in a variety of machinery to boost and diversify our manufacturing capabilities. We can now manufacture and provide forged components ranging in weight from 1Kg to 4 metric tons in rough or finish-machined condition.
Our products are manufactured in accordance with National & International standards and is used in a wide range of industrial applications catering to the extensive requirements of Petrochemicals, Chemicals, Fertilizers, Oil & Gas, Nuclear Power, and other heavy engineering sectors.
We benefit from our experience in catering to a wide range of customers due to our legacy of over three decades in the manufacturing businesses and have built long-standing relationships with customers across end-users in the Petrochemicals, Chemicals & Fertilizer, Oil & Gas, Nuclear, Power & other Heavy Engineering Industries.
We as an organization have established, implemented, and maintained an Integrated Management System (IMS), including the processes needed and their interactions, to achieve the intended outcome, including enhancing environmental and OH & S performance. The organization has considered the knowledge it gained during determination of internal and external issues, workers and other interested parties’ requirements while establishing and maintaining the Integrated Management System. The organization ensures continual improvement in IMS.
Manufacturing Process
- Raw Material
- Sawing
- Machinery
- Forging
- Ring Rolling