SMEClosed

Paramount Speciality Forgings Limited IPO Subscription Status

📅Offer Date: 17 Sept 2024 – 20 Sept 2024

Minimum investment
₹1,18,0002000 shares
View IPO details

Data sourced from BSE & NSE · Last updated

Total73.92x
QIB0.00x
NII0.00x
Retail41.29x

Paramount Speciality Forgings Limited IPO was subscribed 73.92x in total when bidding closed on 20 Sept 2024, with 0.00x in the QIB category, 0.00x in NII, 41.29x in retail. The issue ran from 17 Sept 2024 to 20 Sept 2024 at a price band of ₹57.00–₹59.00 per share.

QIB0.00xNII0.00xRetail41.29xTotal73.92x1×

Times subscribed by category against the 1× line.

42
≈ 1 in 42 retail allotment
low allotment chance

Based on retail subscription (41.29x). Final allotment decided by registrar's computerised lottery.

Subscription Details (No. of Shares)

CategoryOfferAppliedTimes
Retail18,24,0007,53,12,96041.29x
Total36,46,00026,95,12,32073.92x
QIB / NII10,40,00000.00x

Subscription in Crores (₹Cr)

CategoryOfferedDemandTimes
Retail10.76444.3541.29x
QIB / NII6.14—0.00x
Total16.90444.3573.92x

Values derived from share count × issue price (₹59.00)

What this means for allotment & listing

Because Paramount Speciality Forgings Limited closed oversubscribed, allotment follows the applicable category and exchange rules. A high subscription figure reflects strong demand but does not guarantee a premium listing, and a low figure does not guarantee a discount. This page is for information only and is not investment advice.

NSE SME listed · Bidding data sourced from BSE & NSE under SEBI ICDR regulations.

Paramount Speciality Forgings Limited IPO subscription FAQs