Paramount Speciality Forgings IPO: Day 4 Key Highlights
The Paramount Speciality Forgings IPO has captured investor attention with its strong subscription numbers and positive Grey Market Premium (GMP).
Why the Paramount Speciality Forgings IPO Matters
The IPO aims to raise ₹32.34 crore through fresh equity. It has a competitive price band of ₹57–₹59 per share. This has made it popular among both retail and institutional investors.
Key Details of the IPO
- Issue Size: ₹32.34 crore
- Price Band: ₹57–₹59 per share
- Lot Size: 2,000 shares
- Minimum Investment: ₹1,18,000
Day 4 Subscription Update
By Day 4, the IPO was subscribed over 68.75 times, with some reports suggesting numbers exceeding 70 times. This reflects high confidence among investors.
Also Read : C2C Advanced Systems IPO Is Delayed: What You Must Know
Grey Market Premium (GMP) Trends
Positive GMP trends show strong secondary market expectations. Investors are optimistic about its listing gains.
Important Dates
- Open Date: September 17, 2024
- Close Date: September 20, 2024
The Paramount Speciality Forgings IPO combines strong market demand and competitive pricing. Investors should stay updated for allotment and listing details.