Paramount Speciality Forgings IPO — Listing Performance
Paramount Speciality Forgings IPO facts & figures
| Issue category | SME |
|---|---|
| Issue open date | 17 Sep 2024 |
| Listing date | 25 Sep 2024 |
| Issue price | ₹59 |
| Listing-day close | ₹87.15 (47.71%) |
| Recent market price | ₹34.25 (-41.95% vs issue) |
| 52-week range | ₹23.50 – ₹41.75 |
| Identifiers | NSE: PSFL · ISIN: INE0Q6001012 |
How the listing went
Paramount Speciality Forgings had a strong market debut, ending listing day 47.71% over the issue price.
Paramount Speciality Forgings against every other debut on record
- Rank in 2024: 101 of 262 NSE debuts, on a 47.71% first-day close.
- 53rd percentile of 176 SME debuts in 2024 (median 41.27%).
- 11th of 39 debuts in September 2024.
- Opened 40.68% above issue, then added 7.03 points to the close.
- Day-one range ₹83 to ₹87.15: a 7.03% swing on the issue price.
- Last close ₹34.25 (10 Sep 2026): 41.95% below issue, against 47.71% on day one.
- 59% up its 52-week range of ₹23.50 to ₹41.75.
- Priced at the top of the ₹57 to ₹59 band.
- Listed 5 calendar days after close.
- All 601 SME debuts on record: median 14.22%, 79% closed above issue.
Computed over 1109 verified NSE debuts to 11 Sep 2026 · sources