Parmeshwar Metal Ltd Share Price

Parmeshwar Metal Limited was originally incorporated as ‘Parmeshwar Metal Private Limited’ as a private limited company, under the provisions of the Companies Act, 2013 vide Certificate of Incorporation dated August 04, 2016 issued by Central Registration Centre. Subsequently, the company was converted from a private limited company to public limited company pursuant to special resolution passed in the Extra Ordinary General Meeting of the company held on December 28, 2023 and consequently the name of the company was changed to ‘Parmeshwar Metal Limited’ pursuant to fresh certificate of incorporation dated January 04, 2024 issued to the company by the Registrar of Companies, Ahmedabad.

The company is ISO 9001:2015 certified company, engaged in the business of manufacturing of copper wire and copper wire rods by recycling of copper scrap. It manufactures copper wire and 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. Its object is to create consistent value for its customer by delivering good quality products and best services at optimum cost through continue improvement, maintaining integrity and excellence in all the aspects of its operations.

The company’s product portfolio offers copper wire and copper wire rods and each available tailored made to meet customer specifications. At its manufacturing facility, it has an in-house testing lab, for testing its raw materials and finished products to match the quality standards as specified and required by its customers. It strives to meet the health and safety standards in its manufacturing process by providing safety tools like fire safety helmets, shoes, hand gloves, face visor, welding black goggles etc. Copper is one of the most recycled metals of all the metals. The recycling of copper scrap is gaining importance worldwide simply because of the fact that recovery of copper metal from scrap requires much less energy than its recovery made from primary source. Besides, it enables conservation of natural resources.

These industries require usage of various machines such as Chimney, Compressed Air Dryer, Baling Press, Melting Furnace, Weighbridge and Scale, Oxygen Analyzers, DG Set, and Rolling Mill etc. The company is managed by its Promoters, having combined experience of more than 30 years in metal industry and they are responsible for quality control, process improvement, Operations & Management, Human Resource & administration. Also, its promoters are responsible for financial aspects of the company along with marketing, vendor management, business planning and development. Their understanding of the consumer difficulty, intuitive entrepreneurship and involvement in key aspects of its business has helped accelerate and drive its profitable growth. The sector-specific experience and expertise of the company’s promoters has contributed significantly in the growth of the company. The vision of the company is to manufacture and supply quality products and meet the customers need. 

Business area of the company 

The company is engaged in the business of manufacturing of copper wire and copper wire rods by recycling of copper scrap.

Products of the company

• 1.6 MM Copper Wire
• 8 MM Copper Wire Rod
• 12.5 MM Copper Wire Rod

History and milestones

• 2016-17: The company was incorporated as a private limited company under the name ‘Parmeshwar Metal Private Limited’.
• 2023-24: The company was converted into Public Limited Company under the name of ‘Parmeshwar Metal Limited’.