Paramatrix Technologies IPO
Open SmeCurrent GMP
₹0 (0.00%)
Price Band
₹ 110 – 110
Lot Size
1200
Issue Size
₹33.84 Cr
Minimum Investment
₹264000 (2400 Shares)
Listing Date
04 September 2024
Subscription
-
About the Company
Paramatrix Technologies offers various services like Bespoke Software Development, IT Staff Augmentation, Database Management, Business Process Outsourcing, and System Integration. Headquartered in Mumbai, the company concentrates on creating software applications and technology solutions for large enterprises and mid-size businesses on web and mobile platforms. BFSI, Retail, and Sports are among the key growth sectors for Paramatrix.
The company’s office infrastructure includes a workspace with 200 seats, estimated to cost INR 9.40 crore. Paramatrix’s software applications and technology solutions (Accelerators) Services are broadly classified into two categories:
(A) Digital Transformation Services and
(B) Managed Services.
Additionally, the company provides technology services for other industries such as Manufacturing, Pharmaceutical, Shipping, and Logistics. Paramatrix possesses substantial knowledge, expertise, and experience in developing applications and technology solutions using modern technologies, frameworks, and platforms like Microsoft.Net, Microsoft SQL, Azure, Cross-Platform Mobile Applications, and Java technology, among others.
Promoters
- Mukesh Keshubhai Thumar
- Bhavna Mukesh Keshubhai Thumar
Promoters Holding
Holding Pre Issue
75.46%
Holding Post Issue
54.77%
Objects of the Issue
The Company plans to use the Net Proceeds from the Fresh Issue for:
- Infrastructure development;
- Investment in accelerators to expand service offerings;
- Geographical expansion in the Middle East and East Asia;
- General corporate purposes.
Address / Contact Info
Paramatrix Technologies Limited
E-102, 1st Floor,
Sanpada Railway Station Complex,
Sanpada, Navi Mumbai - 400705
Phone: +91 22 4151 8700
Email: cs@paramatrix.com
Website: https://www.paramatrix.com
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Tuesday, 27 August 2024
IPO Close Date
Friday, 30 August 2024
Basis of Allotment
Monday, 02 September 2024
Initiation of Refunds
Tuesday, 03 September 2024
Credit of Shares to Demat
Tuesday, 03 September 2024
Listing Date
Wednesday, 04 September 2024 — NSE & BSE
Important Dates
Open Date
27 August 2024
Close Date
30 August 2024
Basis Of Allotment
02 September 2024
Listing Date
04 September 2024
Financial Performance (₹ in Crores)
| Particular | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 3354.2 | 3438.71 | 3062.57 |
| Revenue | 2859.93 | 3332.44 | 2824.66 |
| Profit After Tax | 413.17 | 707.56 | 678.94 |
| Net Worth | 3030.25 | 2996.5 | 2464.27 |
| Reserve & Surplus | 2155.25 | 2961.55 | 2429.27 |
| Total Borrowings | 0 | 0 | 0 |
EPS Pre
4.72%
EPS Post
3.59%
P/E Pre
23.31
P/E (Post Issue)
30.64x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | KPI as of March 31, 2023. |
|---|---|
| ROE % | 13.63 |
| ROCE % | 17.29 |
| Debt / Equity | 0 |
| RoNW % | 13.69 |
| PbW | 0 |
| Pat Margin % | 14.45 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Anchor Investors | 0 | 0 | 0 |
| Market Maker | 156000 | 5.07 | 0 |
| Others | 1460400 | 47.46 | 0 |
| Retail Investors | 1460400 | 47.46 | 0 |
| Total | 3076800 | 100 | 0 |
Subscription Status ( Thu, 22 Aug 24 07:18 AM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| 0 | 0 | 0x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
No Peer Comparision Available
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | 132,000.00 |
| Retail (Max) | 1 | 1,200 | 132,000.00 |
| S-HNI (Min) | 2 | 2,400 | 264,000.00 |
Registrar
Bigshare Services Pvt Ltd
91-22-6263 8200
investor@bigshareonline.com
https://www.bigshareonline.com
Book Running Lead Managers
- Inventure Merchant Banker Services Pvt Ltd
RHP Document
DRHP Document
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Paramatrix Technologies IPO is a Fixed price IPO worth ₹33.84 crores. The price band is ₹110 to 110 per share. The IPO opens on Tue, Aug 27, 2024 and closes on Fri, Aug 30, 2024. It will be listed on BSE and NSE. Bigshare Services Pvt Ltd is the registrar.
The Paramatrix Technologies IPO opens on Tue, Aug 27, 2024 and closes on Fri, Aug 30, 2024
Paramatrix Technologies IPO Price Band is ₹110 to 110.
Paramatrix Technologies IPO lot size is 1200, and the minimum amount required for application is ₹264000.
The minimum investment for Paramatrix Technologies IPO is approximately ₹264000 based on the upper price band.
To apply for the Paramatrix Technologies IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Fri, Aug 30, 2024. After submission, funds are blocked until the basis of allotment of Paramatrix Technologies IPO is finalised.
Paramatrix Technologies IPO issue size is ₹33.84 crores.
Paramatrix Technologies IPO allotment date is Sat, Jun 27, 2026.
The registrar for Paramatrix Technologies IPO is Bigshare Services Pvt Ltd. Investors can go to Bigshare Services Pvt Ltd website for IPO allotment status, refund processing, and other queries related to Paramatrix Technologies IPO through their official website or helpline.
The Paramatrix Technologies IPO GMP (Grey Market Premium) is ₹0 as of Fri, Aug 30, 2024. Based on the upper price band of ₹110 per share, the estimated Paramatrix Technologies IPO listing price is ₹110, indicating a potential listing gain of approximately 31% over the issue price.