Paramount Speciality Forgings IPO vs Pelatro IPO

Comparision between Paramount Speciality Forgings IPO and Pelatro IPO.

IPO Details

Paramount Speciality Forgings IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Pelatro IPO is a SME Book Built Issue proposed to list at NSE SME.

	Paramount Speciality Forgings IPO	Pelatro IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	NSE SME	NSE SME
Lead Managers	Swaraj shares and securities private limited	Cumulative Capital Private Limited
Registrar	Purva Sharegistry India Pvt Ltd	Bigshare Services Pvt Ltd
Market Maker	Shreni Shares Limited	Shree Bahubali Stock Broking Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Paramount Speciality Forgings IPO is up to ₹32.34 Cr whereas the issue size of the Pelatro IPO is up to ₹55.98 Cr. The final issue price of Paramount Speciality Forgings IPO is ₹59.00 per share and of Pelatro IPO is ₹200.00 per share.

	Paramount Speciality Forgings IPO	Pelatro IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹57.00 per share	₹190.00 per share
Issue Price (Upper)	₹59.00 per share	₹200.00 per share
Issue Price (Final)	₹59.00 per share	₹200.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	2000 shares	600 shares
Fresh Issue Size	48,02,000 shares	27,99,000 shares
Fresh Issue Size (Amount)	up to ₹28.33 Cr	up to ₹55.98 Cr
OFS Issue Size	6,80,000 shares
OFS Issue Size (Amount)	up to ₹4.01 Cr
Issue Size Total	54,82,000 shares	27,99,000 shares
Issue Size Total (Amount)	up to ₹32.34 Cr	up to ₹55.98 Cr

IPO Timetable

Paramount Speciality Forgings IPO opens on Sep 17, 2024, while Pelatro IPO opens on Sep 16, 2024. The closing date of Paramount Speciality Forgings IPO and Pelatro IPO is Sep 20, 2024, and Sep 19, 2024, respectively.

	Paramount Speciality Forgings IPO	Pelatro IPO
Anchor Bid Date	Sep 16, 2024	Sep 13, 2024
Issue Open	Sep 17, 2024	Sep 16, 2024
Issue Close	Sep 20, 2024	Sep 19, 2024
Basis Of Allotment (Tentative)	Sep 23, 2024	Sep 20, 2024
Initiation of Refunds (Tentative)	Sep 24, 2024	Sep 20, 2024
Credit of Share (Tentative)	Sep 24, 2024	Sep 23, 2024
Listing date (Tentative)	Sep 25, 2024	Sep 24, 2024
Anchor Lockin End date 1	Oct 22, 2024	Oct 20, 2024
Anchor Lockin End date 2	Dec 21, 2024	Dec 19, 2024

Financials

Paramount Speciality Forgings IPO P/E ratio is 12.1, as compared to Pelatro IPO P/E ratio of -77.78.

Paramount Speciality Forgings IPO

Pelatro IPO

Financial

Paramount Speciality Forgings Limited Financial Information (Restated)

Paramount Speciality Forgings Limited's revenue increased by 1% and profit after tax (PAT) rose by 163% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	8,179.18	7,223.87	5,450.48
Revenue	11,363.62	11,224.1	9,243.16
Profit After Tax	725.36	275.84	313.44
Net Worth	2,291.49	1,566.14	1,970.49
Reserves and Surplus	803.49	1,565.14	1,969.49
Total Borrowing	2,492.82	2,027.65	1,176.93
Amount in ₹ Lakhs

Pelatro Limited Financial Information (Restated Consolidated)

Period Ended	31 Mar 2024
Assets	5,780.92
Revenue	5,536.54
Profit After Tax	-195.62
Net Worth	1,202.89
Reserves and Surplus	502.89
Total Borrowing	1,867.58
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00%

73.31%

Promoter Shareholding (Post-Issue)

72.15%

53.59%

P/E Ratio

12.1

-77.78

Market Cap

₹116.12 Cr.

₹208.13 Cr.

ROE

32%%

-15.48%%

ROCE

40%%

3.85%%

Debt/Equity

1.09

1.55

EPS

₹4.87

₹-2.57

RoNW

31.65%%

-15.48%%

Shares Offered

In the Paramount Speciality Forgings IPO retail investors (RII) are offered 18,24,000 shares while in Pelatro IPO retail investors are offered 18,24,000 shares. Qualified institutional buyers (QIB) are offered 10,40,000 shares in Paramount Speciality Forgings IPO and 5,21,400 shares in Pelatro IPO.

	Paramount Speciality Forgings IPO	Pelatro IPO
Anchor Investor Reserveration	15,60,000 shares	7,81,800 shares
Market Maker Reserveration	2,76,000 shares	1,40,400 shares
QIB	10,40,000 shares	5,21,400 shares
NII	7,82,000 shares	3,92,400 shares
RII	18,24,000 shares	9,13,200 shares
Employee	0 shares	0 shares
Others
Total	36,46,000 shares	18,76,800 shares

Bids Received (Subscription)

Paramount Speciality Forgings IPO subscribed 73.88x in total, whereas Pelatro IPO subscribed 21.94x.

	Paramount Speciality Forgings IPO	Pelatro IPO
QIB (times)	20.88x	15.22x
NII (times)	220.24x	55.31x
Big NII (times)
Small NII (times)
RII (times)	41.35x	12.58x
Employee (times)
Other (times)
Total (times)	73.88x	21.94x

Compare with others

Paramount Speciality Forgings IPO	Pelatro IPO
WOL 3D IPO	Rappid Valves (India) IPO
SD Retail IPO	Phoenix Overseas IPO
BikeWo GreenTech IPO	WOL 3D IPO
Pelatro IPO	SD Retail IPO
Osel Devices IPO	BikeWo GreenTech IPO
Popular Foundations IPO	Osel Devices IPO
Sodhani Academy of Fintech Enablers IPO	Paramount Speciality Forgings IPO
Deccan Transcon Leasing IPO	Popular Foundations IPO
Envirotech Systems IPO	Sodhani Academy of Fintech Enablers IPO
Trafiksol ITS Technologies IPO	Deccan Transcon Leasing IPO

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