Manufacturing and Forgings

Paramount Speciality Forgings Limited:

Paramount Forge Ltd is India’s top steel forging manufacturer founded in 1996. With advanced facilities and a skilled team, the company provides a wide range of products that meet high quality and productivity standards, serving the needs of the Petrochemical, Oil & Gas, Nuclear, Power, and other heavy engineering industries. 

 

Promoters of Paramount Speciality Forgings Ltd are Aliasgar Roshan Hararwala, Aliasgar Abdulla Bhagat, Mohammad Salim Hararwala, with many others. 

 

The company’s strengths include a highly experienced management team that drives growth and financial performance. They prioritize quality by simplifying processes to cut waste and improve product standards. This includes automating manufacturing to boost productivity and reduce labor costs, designing machining lines to combine multiple processes and lower costs, and cutting down material costs by reducing input weights for forging.

 

Additionally, Paramount Forge Ltd enhances its brand visibility through various marketing efforts, including retail branding, web marketing, magazine ads, outdoor advertising, and digital campaigns. 

 

For the financial year 2024, the company’s revenue increased by 1% and Profit After Tax rose (PAT) by 163%.

 

IPO Details -

Face Value: ₹10 per share
Price Band: ₹57 to ₹59 per share 

Lot Size: 2000 shares 

Fresh Issue: 4,802,000 shares

Listing Date: September 24, 2024

 

Marketing and Technology

Pelatro Limited:

 

Founded in 2013, Pelatro Ltd provides a complete customer engagement tool called mViva. Pelatro is derived from a Greek word Pelatis which means customer and Kentro which means center. For the company, the center represents Customer-centricity. This platform helps companies interact better with their customers by understanding their behaviors and needs. It covers everything from collecting data and analyzing it to choosing the right audience, setting up campaigns, running them, and reporting the results.

 

The company’s portfolio of products covers Loyalty Management Solutions, Campaign Management Solutions, Lead Management Solutions, and Data  Monetization Solutions. Pelatro offers a complete range of managed services, such as Business Consulting, Business Operations, Modeling & Analytics, and Product Support. 

 

Core advantages of the company include Tailored technological solutions, expert knowledge, and a flexible self-operating platform. It has strong market relationships, works in a fast-growing market that is hard to enter, and owns patents.

 

Promoters of the company are Subash Menon, Sudeesh Yezhuvath, Kiran Menon, and Varun Menon. 

 

IPO Details -

Face Value: ₹10 per share
Price Band: ₹190 to ₹200 per share 

Lot Size: 600 shares 

Fresh Issue: 2,799,000 shares

Listing Date: September 24, 2024

 

Conclusion

Paramount and Pelatro's upcoming IPOs on September 24, 2024, present exciting opportunities in manufacturing and technology. Paramount's leadership in steel forging and Pelatro's advanced customer engagement platform present exceptional investment prospects. Watch these IPOs closely and seize the chance to enrich your portfolio with the growth potential of these forward-thinking companies.

 

Check out the IPOs Performance in 2024 So Far and know the process of IPO in India. Your willingness to invest must consider How to Apply for an IPO. Also, watch why you should invest in an IPO. 

 

Disclaimer: This blog is posted solely for educational purposes. The securities mentioned are examples and not recommendations. It is based on various secondary sources from the internet and is subject to change. Please consult an expert before making any related decisions.