Old padlock

Approximate size of body is 70mm x 65mm x 38mm

Can anyone advise me on it’s rarity, use, and value?

Thank you kindly.

Saijinte

Warded laminate padlock. Whats the name on the bottom, “PARMA?.”?

Parma made me think of the Italian lock, safe and vault manufacturer but if you look closer it reads PARMAR