The Paramount Forge IPO minimum market lot is 2000 shares with ₹118,000 application amount. The Paramount Forge IPO is a SME IPO, and it is to be listed on NSE.
Paramount Forge is a manufacturers of steel forgings in India offering a diverse range of forged products. They have developed their business and scale of operations since its founding in 1996 and have invested in a variety of machinery to boost and diversify their manufacturing capabilities. They can now manufacture and provide forged components ranging in weight from 1 kg to 4 metric tons in rough or finish-machined condition. Their products are manufactured by National & International standards and are used in a wide range of industrial applications catering to the extensive requirements of Petrochemicals, Chemicals, Fertilizers, Oil & Gas, Nuclear Power, and other heavy engineering sectors.
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
Paramount Forge IPO Subscription Status – Day 4
| Category | Day 1 | Day 2 | Day 3 | Day 4 |
| QIB | 1.14 | 1.14 | 1.47 | 20.88 |
| NII | 1.60 | 1.60 | 3.95 | 220.20 |
| RII | 5.98 | 5.98 | 10.49 | 41.29 |
| Total | 3.66 | 3.66 | 6.51 | 73.84 |
Paramount Forge IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Paramount Forge IPO Review
- Avoid
Paramount Forge IPO Form
How to apply for the Paramount Forge IPO? You can apply for Paramount Forge IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Paramount Forge IPO in the Invest section. The other option is you can apply for Paramount Forge IPO via IPO forms downloaded online. Check out the Paramount Forge forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
