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Parmeshwar Metal Limited Received In-Principle Approval From BSE SME
New Delhi [India] November 12: The Bombay Stock Exchange (BSE) has approved the Draft Red Herring Prospectus of Parmeshwar Metal Limited for IPO. The company is going public through an IPO for Setting up a new manufacturing facility at Dehgam, Gujarat for manufacturing of Bunched copper wire, Furnace renovation for copper melting, Working Capital Requirements [...]
New Delhi [India] November 12: The Bombay Stock Exchange (BSE) has approved the Draft Red Herring Prospectus of Parmeshwar Metal Limited for IPO. The company is going public through an IPO for Setting up a new manufacturing facility at Dehgam, Gujarat for manufacturing of Bunched copper wire, Furnace renovation for copper melting, Working Capital Requirements and for General Corporate Purpose. The company will issue fresh equity shares of Up to 4100000 with a face value of ₹ 10.
About Parmeshwar Metal Limited
Parmeshwar Metal Limited is ISO 9001:2015 certified company, engaged in the business of manufacturing of copper wire and copper wire rods by recycling of copper scrap. The company’s manufacturing facility is situated at Dehgam, Gujarat, India. The company manufactures copper wire rods that are ideally suited for a wide array of applications. These applications include power cables, building wires, transformers, the automotive industry, household cables as well as bare and enameled wires.
