What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the current subscription status of Paramount Speciality Forgings Limited IPO?

Paramount Speciality Forgings Limited IPO has received a total subscription of 73.96 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Paramount Speciality Forgings Limited

ListedSME

Automotive & Auto Components · NSE

Paramount Speciality Forgings Limited, established in 1994, is a leading Indian manufacturer of steel forgings, catering to industries like petrochemicals, oil and gas, nuclear power, and heavy engineering. The company offers a diverse range of forged products, including Tube Sheet Blanks, Forged Rings, Girth Flanges, Valve Bodies, and more. With two manufacturing facilities in Maharashtra (Kamothe and Khalapur), Paramount ensures high-quality standards that meet both national and international requirements. Its closed-die plant holds multiple certifications, including ISO 9001-2008 and ISO 14001-2004, and is accredited by top Oil & Gas companies and regulatory bodies.

Price Band

₹57 – ₹59

Issue Size

₹32.34 Cr

Lot Size

2000 shares

GMP

₹17

+28.8%

Est. Listing

₹76

at current GMP

Subscribed

73.96x

overall

Open

17 Sep 2024

20 Sep 2024

Allotment

23 Sep 2024

Refund

24 Sep 2024

Demat Credit

25 Sep 2024

Listing

25 Sep 2024

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

73.96x

Total Demand

QIB Multiplier

20.88x

Institutions & Funds

NII / HNI

220.59x

High Net-Worth

Retail (RII)

41.35x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 73.96x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
QIB	1,040,000	21,712,000	20.88x
NIB	782,000	172,500,000	220.59x
RETAIL	1,824,000	75,428,000	41.35x
Total	3,646,000	269,640,000	73.96x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 47.66x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	959	39,655	41.35x
HNIs (10L +)	6	1,324	220.59x
HNIs (2-10L)	29	6,397	220.59x
Total Applications	994	47,376	47.66x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

About Paramount Speciality Forgings Limited Public Issue & Market Profile

Paramount Speciality Forgings Limited is bringing an initial public offering (IPO) in the Automotive & Auto Components sector with an aggregate issue size of ₹32.34 Crores. The shares are offered at a price band of ₹57 to ₹59 per equity share on NSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.

Bidding & Quota Instructions:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 2000 shares (approx. ₹1,18,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.

Allotment Reconciliation Schedule:

Allotment reconciliation will be managed by Purva Sharegistry India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-09-25, while un-allotted funds or UPI block mandates will be released on 2024-09-24.

Frequently Asked Questions

What is Paramount Speciality Forgings Limited IPO GMP today?

The latest Grey Market Premium (GMP) for Paramount Speciality Forgings Limited IPO is ₹17 per equity share. Based on the upper price band of ₹57 to ₹59 per equity share, the estimated listing price is ₹76 (+28.8% expected listing gain).

What is the expected profit per lot for Paramount Speciality Forgings Limited IPO?

With a lot size of 2000 shares and current GMP of ₹17, the expected profit per application lot is approx ₹34,000 (+28.8% gain). Minimum application cost is approx ₹1,18,000.

What is the issue size and price band for Paramount Speciality Forgings Limited IPO?

The Paramount Speciality Forgings Limited IPO aggregate issue size is ₹32.34 Crores with an equity price band set at ₹57 to ₹59 per equity share. The retail lot size is 2000 shares requiring a minimum capital outlay of approx. ₹1,18,000.

How can I check Paramount Speciality Forgings Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 73.96x (Retail: 41.35x, QIB: 20.88x, NII: 220.59x). You can track live multiples directly on our dedicated subscription page.

Where and when will Paramount Speciality Forgings Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Purva Sharegistry India Private Limited) and the BSE status verification website on or around 2024-09-23. Investors can verify status using PAN card or application number.

When is the listing date for Paramount Speciality Forgings Limited IPO?

Paramount Speciality Forgings Limited shares are scheduled to list on NSE on 2024-09-25.