As per SEBI circular no SEBI/HO/CFD/DIL2/CIR/P/2019/76 dated 28 June 2019 all are requested to comply with the provisions of the aforementioned circular which states as below: Intermediaries shall retain physical application forms submitted by retail individual investors with UPI as a payment mechanism, for a period of six months and thereafter forward the same to the issuer/ Registrar to Issue. However in case of Electronic forms printouts of such applications need not be retained or sent to the issuer. Intermediaries shall, at all times, maintain the electronic records relating to such forms for a minimum period of three years.
Symbol
| PARAMOUNT
|
Issue Period
| 30-Sep-2024 to 03-Oct-2024
|
Cut-off time for UPI Mandate Confirmation
| 03-Oct-2024 (upto 5:00 PM) The new cut-off time for UPI mandate acceptance is 05:00 PM on last day of IPO bidding. Further bids with confirmed status of mandate amount blocked (RC100) shall be considered as valid applications and hence investors are advised to submit their UPI applications in IPO well in advance to avoid any last minute technical/systemic constraints that may hamper their ability to participate in IPOs by successfully accepting the mandate.
|
Issue Size
| "Initial public offer of Fresh Issue up to 24,30,000 equity shares (including Market Maker portion of 1,22,400 equity shares and anchor allocation of 6,91,200 Equity Shares)"
|
Issue Type
| 100 % Book Building
|
Price Range
| Rs. 111 to Rs. 117 per equity share
|
Face Value
| Rs.10
|
Tick Size
| Re.1
|
Bid Lot
| 1200 Equity Shares and in multiples thereof
|
Minimum Order Quantity
| 1200 Equity Shares
|
Maximum Subscription Amount for Retail Investor
| Rs. 2,00,000
|
Maximum Bid Quantity for QIB Investors
| 16,16,400 equity shares in multiple of 1200 Equity Shares (Calculated at Higher end of the Price Band)
|
Maximum Bid Quantity for NIB Investors
| "11,55,600 equity shares in multiple of 1200 Equity Shares (Calculated at Higher end of the Price Band)"
|
IPO Market Timings
| 10.00 a.m. to 5.00 p.m.
|
Book Running Lead Managers
| Gretex Corporate Services Limited
|
Sponsor Bank
| Axis Bank Limited
|
Categories
| "FI, IC, MF, FII, OTH, CO, IND and NOH "
|
Sub-Categories applicable for UPI
| IND (upto 5 Lakhs)
|
Name of the Registrar
| Bigshare Services Private Limited
|
Address of the Registrar
| "S6-2, 6th Pinnacle Business Park, Mahakali Caves Road, next to Ahura Centre, Andheri East, Mumbai- 400093, Maharashtra, India"
|
Contact person name number and Email id
| "Mr. Asif Sayyed,+ 22 - 6263 8200; investor@bigshareonline.com"
|
e-form link
| e-Forms
|
Branches of Self Certified Syndicate Banks (SCSBs) where syndicate / sub syndicate member to submit ASBA form
| SCSB List
|
Red Herring Prospectus
| download
|
Ratios / Basis of Issue Price
| download
|
Sample Application Forms
| download
|
Security Parameters
| download
|
Anchor Allocation Report
| download
|
Processing of ASBA Applications
| NSE Circular on ASBA Application Processing
|
Remark
| "The dedicated window provided for bid modification (modification of selected fields viz. DP ID/Client ID or Pan ID, Bank code and Location code) on T+1 day (T being last day of bidding) shall not be available now. The bid modification of selected fields shall be allowed during bidding period of IPO only."
|