Paramount Speciality Forgings Limited was originally established as a partnership firm in the name and style of Paramount Forge' under the Partnership Act, 1932 with the Registrar of Firms, Mumbai on 01st November, 1994 as amended through partnership deed dated 07 July, 1995, and 01st April, 2000. Subsequently, the firm was converted from a Partnership Firm to a Limited Liability Partnership (LLP) and consequently the name of the firm was changed to Paramount Speciality Forgings LLP', and a fresh certificate of incorporation dated 27th June, 2019 was issued to our LLP by the RoC. The constitution of our LLP was further changed from a LLP to a Public Limited Company and consequently the name of the LLP was changed to Paramount Speciality Forgings Limited', and a fresh certificate of incorporation dated 5th May, 2023 was issued to our Company by the RoC.
The company manufactures steel forgings in India offering a diverse range of forged products. The company has developed business and scale of operations since its founding in 1996 and have invested in a variety of machinery to boost and diversify the companies manufacturing capabilities. The company can now manufacture and provide forged components ranging in weight from 1Kg to 4 metric tons in rough or finish-machined condition. The products are manufactured in accordance with National & International standards and is used in a wide range of industrial applications catering to the extensive requirements of Petrochemicals, C ...hemicals, Fertilizers, Oil & Gas, Nuclear Power, and other heavy engineering sectors.
Company raised money through IPO aggregating to Rs 32.34 crore by issuing 54,82,000 equity shares of Rs 10, comprising a fresh issue of 48,02,000 equity shares amounting to Rs 28.33 crore and the offer for sale of 6,80,000 equity shares amounting to Rs 4.01 crore in September 2024.
Company undertook implementation of advanced digital systems in FY 2024-25. Procurement of a 10-ton Hammer and a 2000-ton Forging Press has been completed in 2025.
FAQs on Paramount Speciality Forgings Ltd
1. Can I buy Paramount Speciality Forgings Ltd from PL Capital? ›
Yes, you can invest in Paramount Speciality Forgings Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Paramount Speciality Forgings Ltd stock along with other leading companies listed on the NSE and BSE. Simply open a Demat and trading account with PL Capital, and you’ll be able to trade Paramount Speciality Forgings Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Paramount Speciality Forgings Ltd pay dividends? ›
Paramount Speciality Forgings Ltd does not currently pay dividends. Investors in this case primarily benefit from capital appreciation, where the value of the stock may rise over time depending on business growth and market conditions.
3. What is the current share price of Paramount Speciality Forgings Ltd ? ›
As of
25-Feb-2026 , 15:31:05 the share price for Paramount Speciality Forgings Ltd. is ₹ 29 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Paramount Speciality Forgings Ltd ? ›
The 52-week high and low of Paramount Speciality Forgings Ltd share price is ₹ 25.1 - ₹ 58.05 as of
25-Feb-2026 , 15:31:05 .
