Check out the Paramount Speciality Forgings IPO GMP (Grey Market Premium), Kostak rates, and up-to-date deal rates. The Paramount Forge IPO GMP looks strong, with expectations for good subscription levels. Stay tuned for the latest GMP figures from the Paramount Forge IPO.
The Paramount Speciality Forgings IPO will open on September 17, 2024, aiming to raise ₹32.34 crores. The price band is set at ₹57 to ₹59, with a market lot of 2,000 shares.
The latest GMP for the Paramount Speciality Forgings SME IPO is ₹10, last updated on September 23, 2024. With a price band of ₹59.
>> Retail Subject to Sauda for the Paramount Speciality Forgings SME IPO is ₹15,200.
We provide daily updates on GMP, and based on the last 14 sessions of grey market activity, today’s IPO GMP shows an upward trend, suggesting a strong listing. The GMP has ranged from a low of ₹0 to a high of ₹10. Stay tuned for daily updates on the Paramount Speciality Forgings SME IPO GMP and expected listing price.
**The GMP prices provided are based solely on news from the grey market. We do not engage in grey market trading or Subject to Sauda rates (sub2), nor do we recommend participating in grey market activities.
Founded in 1996, Paramount Forge is a manufacturer of steel forgings in India, offering a diverse range of forged products. Since its inception, the company has scaled its operations and invested in advanced machinery to enhance and diversify its manufacturing capabilities. They can produce forged components weighing from 1 kg to 4 metric tons, available in both rough and finish-machined conditions. Their products meet national and international standards and are utilized across various industrial applications, including petrochemical, chemical, fertilizer, oil and gas, nuclear power, and other heavy engineering sectors.
Paramount Speciality Forgings IPO GMP Day-wise Trend
| GMP Date | IPO Price | GMP | Sub2 Sauda Rate | Estimated Listing Price |
| 23-09-2024 | 59 | ₹10 | 15200 | ₹69 (16.95%) |
| 22-09-2024 | 59 | ₹10 | 15200 | ₹69 (16.95%) |
| 21-09-2024 | 59 | ₹10 | 15200 | ₹69 (16.95%) |
| 20-09-2024 | 59 | ₹10 | 15200 | ₹69 (16.95%) |
| 19-09-2024 | 59 | ₹0 | — | ₹59 (0%) |
| 18-09-2024 | 59 | ₹0 | — | ₹59 (0%) |
| 17-09-2024 | 59 | ₹0 | — | ₹59 (0%) |
| 16-09-2024 | 59 | ₹0 | — | ₹59 (0%) |
| 15-09-2024 | 59 | ₹0 | — | ₹59 (0%) |
| 14-09-2024 | 59 | ₹0 | — | ₹59 (0%) |
| 13-09-2024 | 59 | ₹0 | — | ₹59 (0%) |
| 12-09-2024 | 59 | ₹0 | — | ₹59 (0%) |
| 11-09-2024 | 59 | ₹0 | — | ₹59 (0%) |
| 10-09-2024 | 59 | ₹0 | — | ₹59 (0%) |
IPO Grey Market Premium (GMP)
The grey market premium (GMP) represents the price at which an IPO is traded in an unofficial or unregulated market before its official listing. GMP provides insight into how a specific IPO might perform on its listing day. A positive GMP suggests the IPO is likely to list at a profit, while a negative GMP indicates a potential discount.
It’s important to note that IPO GMP can be highly volatile, making investment decisions based solely on the Paramount Speciality Forgings SME IPO GMP risky. Therefore, consider all factors carefully before deciding whether to invest in the Paramount Speciality Forgings SME IPO.
Paramount Speciality Forgings SME IPO Dates
Stay tuned for the latest updates on the Paramount Speciality Forgings SME IPO. Dates will be posted as they are announced.
| SME IPO Activity | Date |
| SME IPO Open Date | 17-09-2024 |
| SME IPO Close Date | 20-09-2024 |
| Basis of Allotment | 23-09-2024 |
| Finalisation Date* | |
| Refunds Initiation* | 24-09-2024 |
| Credit of Shares | 24-09-2024 |
| to Demat Account* | |
| SME IPO Listing Date* | 25-09-2024 |
DISCLAIMER: The financial information provided here is for educational and informational purposes only and should not be interpreted as an offer to buy or sell securities or as investment advice. It is not intended to be used as the basis for any investment decision. Readers are advised to consult a qualified financial advisor before making any investment decisions. Any actions taken based on the information provided here are solely at the reader’s own risk. Please note that investing in equity markets carries inherent risks due to market volatility. The author has no intention of investing in this offering.
