Paramount Speciality Forgings Limited
NNSE:PSFL30.90
INR
-0.10
(-0.32%)
ISIN
INE0Q6001012
Return %
Stock
S&P 500
1Y
-16.26
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Semi-annual Revenue
FRC
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in mil. unless spec.Semi-annual Earnings Per Share
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in mil. unless spec.Semi-annual Dividends Per Share
FRC
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in mil. unless spec.Company Description
- CEO
- Aliasgar Roshan Hararwala
- Full Time Employees
- 153
- Sector
- Producer manufacturing
- Industry
- Metal fabrication
- Address
- Mumbai India
- IPO Date
- Sep 25, 2024
- Website
- paramountforge.com
- Similar Companies
- Business
- Paramount Speciality Forgings Limited is an India-based manufacturer and supplier of specialized forged steel components, closed-die forgings, open-die forgings, and seamless rolled rings for critical industrial applications. Founded in 1994 and headquartered in Mumbai, Maharashtra, the company operates manufacturing and precision machining facilities located in Kamothe and Khalapur, Maharashtra. The company's comprehensive product portfolio comprises forged pipe flanges including weld neck, blind, slip-on, socket weld, threaded, lap joint, and orifice flanges; tube sheets and baffle plates for industrial heat exchangers and pressure vessels; seamless rolled rings and forged rings; heavy forged round bars, shafts, and step shafts; forged valve bodies, bonnets, nozzles, and fittings; forged gear blanks and rings; and customized precision-machined forging blocks manufactured from carbon steel, alloy steel, stainless steel, duplex and super duplex steel, and high-nickel alloys. Paramount Speciality Forgings serves major capital-intensive sectors, including oil and gas, petrochemicals, thermal and nuclear power generation, chemicals, fertilizers, heavy engineering, defense, and maritime industries, catering to domestic customers across India as well as international markets across North America, Europe, the Middle East, and the Asia-Pacific region. In recent developments, the company completed its initial public offering on the National Stock Exchange of India's Emerge platform in September 2024 to support capital expenditure for operational expansion and corporate growth. In conjunction with this listing, the company initiated significant capacity expansion at its Khalapur manufacturing plant through the addition of high-capacity closed-die forging hammers, computer numerical control machining centers, and automated heat treatment infrastructure to increase output and manufacture heavier, higher-specification components for specialized defense, nuclear, and energy applications.