Paramount Dye Tec IPO
Open SmeCurrent GMP
₹5 (+4.27%)
Price Band
₹ 111 – 117
Lot Size
1200
Issue Size
₹28.43 Cr
Minimum Investment
₹280800 (2400 Shares)
Listing Date
08 October 2024
Subscription
50.16x
About the Company
Established in January 2014, Paramount Dye Tec Limited, or ‘PDTL’, is a Ludhiana, Punjab-based company specializing in the manufacturing of yarns by recycling waste synthetic fiber. Serving the B2B segment of the textile industry, PDTL offers a range of products, including synthetic fiber and yarns such as acrylic yarn, polyester yarn, nylon yarn, wool yarn, hand-knitting yarn, and acrylic blend yarn, all characterized by quality, finer impact, and lasting excellence.
Paramount Dye Tec Limited operates from its manufacturing facility located in Village Mangarh and Village Koom Khurd, Punjab. This facility is equipped with advanced processing capabilities and staffed with industry experts.
The company is ISO 9001:2015 and is a Good Manufacturing Practice (GMP) certified organization for a robust Quality Management System.
Promoters
- Mr. Kunal Arora
- Ms. Palki Arora.
Promoters Holding
Holding Pre Issue
99.97%
Holding Post Issue
64.97%
Objects of the Issue
Our Company intends to utilize the Net Fresh Issue Proceeds for the following Objects (“Objects of the Issue”):
- Setting up of Manufacturing Unit
- Repayment/Prepayment of Certain Debt Facilities availed by our Company
- Expenses towards Registration of Land purchased from Promoter
- General Corporate Purposes
Address / Contact Info
Paramount Dye Tec Limited
Village Mangarh Machiwara Road
Kohara, Ludhiana - 141112
Phone: +91 9056855519
Email: info@paramountdyetec.com
Website: https://www.paramountdyetec.com
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Monday, 30 September 2024
IPO Close Date
Thursday, 03 October 2024
Basis of Allotment
Friday, 04 October 2024
Initiation of Refunds
Monday, 07 October 2024
Credit of Shares to Demat
Monday, 07 October 2024
Listing Date
Tuesday, 08 October 2024 — NSE & BSE
Important Dates
Open Date
30 September 2024
Close Date
03 October 2024
Basis Of Allotment
04 October 2024
Listing Date
08 October 2024
Financial Performance (₹ in Crores)
| Particular | 31 Mar 2024 | 31 Jan 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 5549.65 | 3490.07 | 1829.84 |
| Revenue | 2367.9 | 2955.91 | 4600.23 |
| Profit After Tax | 354.09 | 278.65 | 316.14 |
| Net Worth | 3032.06 | 1 | 553.77 |
| Reserve & Surplus | 3029.81 | 0 | 0 |
| Total Borrowings | 1627.37 | 2247.76 | 969.18 |
EPS Pre
7.85%
EPS Post
5.10%
P/E Pre
14.91
P/E (Post Issue)
22.94x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | KPI as of March 31, 2024. |
|---|---|
| ROE % | 11.68 |
| ROCE % | 16.53 |
| Debt / Equity | 0.54 |
| RoNW % | 11.68 |
| PbW | 0 |
| Pat Margin % | 15.06 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Anchor Investors | 691200 | 28.44 | 0 |
| Market Maker | 122400 | 5.04 | 0 |
| Qualified Institutions | 460800 | 18.96 | 0 |
| Non-Institutional | 346800 | 14.27 | 0 |
| Retail Investors | 808800 | 33.28 | 0 |
| Total | 2430000 | 100 | 0 |
Subscription Status ( Thu, 03 Oct 24 12:37 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 460800 | 4708800 | 10.22x |
| Non-Institutional | 346800 | 47048400 | 135.66x |
| Retail Investors | 808800 | 29328000 | 36.26x |
| Total | 1616400 | 81085200 | 50.16x |
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 | 140,400.00 |
| Retail (Max) | 1 | 1,200 | 140,400.00 |
| S-HNI (Min) | 2 | 2,400 | 280,800.00 |
Registrar
Bigshare Services Pvt Ltd
91-22-6263 8200
investor@bigshareonline.com
https://www.bigshareonline.com
Book Running Lead Managers
- Gretex Corporate 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.
Paramount Dye Tec IPO is a Book-building IPO worth ₹28.43 crores. The price band is ₹111 to 117 per share. The IPO opens on Mon, Sep 30, 2024 and closes on Thu, Oct 3, 2024. It will be listed on BSE and NSE. Bigshare Services Pvt Ltd is the registrar.
The Paramount Dye Tec IPO opens on Mon, Sep 30, 2024 and closes on Thu, Oct 3, 2024
Paramount Dye Tec IPO Price Band is ₹111 to 117.
Paramount Dye Tec IPO lot size is 1200, and the minimum amount required for application is ₹280800.
The minimum investment for Paramount Dye Tec IPO is approximately ₹280800 based on the upper price band.
To apply for the Paramount Dye Tec 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 Thu, Oct 3, 2024. After submission, funds are blocked until the basis of allotment of Paramount Dye Tec IPO is finalised.
Paramount Dye Tec IPO issue size is ₹28.43 crores.
Paramount Dye Tec IPO allotment date is Sat, Jun 27, 2026.
The registrar for Paramount Dye Tec 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 Paramount Dye Tec IPO through their official website or helpline.
The Paramount Dye Tec IPO GMP (Grey Market Premium) is ₹5 as of Tue, Oct 8, 2024. Based on the upper price band of ₹117 per share, the estimated Paramount Dye Tec IPO listing price is ₹122, indicating a potential listing gain of approximately 31% over the issue price.