Paramatrix Technologies IPO
GMP, Subscription, Price, Dates & Financial Details
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…
Open Date
Tue, 27 Aug 2024
Close Date
Fri, 30 Aug 2024
Issue Price
₹ 110
Lot Size
1200
Issue Size
₹ 33.84 Cr
Minimum Investment
₹ 264,000 (2400 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Paramatrix Technologies IPO has successfully completed its IPO process and is now listed on NSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a fixed price issue with a total issue size of ₹33.84 Crore, comprising a fresh issue of 27.59 Lakh equity shares aggregating to ₹30.35 Crore and an offer for sale (OFS) of 3.18 Lakh equity shares aggregating to ₹3.50 Crore by the existing shareholders.
The Paramatrix Technologies IPO remained open for subscription from August 27, 2024, to August 30, 2024. The basis of allotment was finalized on September 02, 2024, and the company's shares were listed on NSE SME Platform on September 04, 2024.
The company had fixed the price at ₹110 per share, with a lot size of 1200 shares. Retail investors were required to make a minimum investment of ₹264,000 (based on the upper price band) to apply for one lot.
Bigshare Services Pvt Ltd served as the registrar to the issue. Inventure Merchant Banker Services Pvt Ltd acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Paramatrix Technologies Limited is now a publicly listed company on NSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Paramatrix Technologies IPO Timeline (Tentative)
- IPO Open Date
- Tue, 27 Aug 24
- IPO Close Date
- Fri, 30 Aug 24
- Basis of Allotment
- Mon, 02 Sep 24
- Initiation of Refunds
- Tue, 03 Sep 24
- Credit of Shares to Demat
- Tue, 03 Sep 24
- Listing Date
- Wed, 04 Sep 24 — NSE & BSE
Open Date
27 August 2024
Close Date
30 August 2024
Basis Of Allotment
02 September 2024
Listing Date
04 September 2024
IPO Subscription
Check Live Subscription →The Paramatrix Technologies IPO has received bids for 0 shares against 0 shares offered, resulting in an overall subscription of 0x. .
0x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 14,60,400 shares, representing 47.46% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 0 shares (%), while Non-Institutional Investors (NIIs) receive 0 shares (%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Anchor Investors | 0 | 0% |
| Market Maker | 156,000 | 5.07% |
| Others | 1,460,400 | 47.46% |
| Retail Investors | 1,460,400 | 47.46% |
| Total | 3,076,800 | 100% |
Financials Details(₹ 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 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Paramatrix Technologies Limited KPI Information
| Particular | KPI as of March 31, 2023. |
|---|---|
| ROE % | 13.63 |
| ROCE % | 17.29 |
| RoNW % | 13.69 |
| Pat Margin % | 14.45 |
Peers Comparison
No Peer Comparision Available
About Paramatrix Technologies Limited
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.
Paramatrix Technologies IPO Promoters
- Mukesh Keshubhai Thumar
- Bhavna Mukesh Keshubhai Thumar
Promoters Holding
Holding Pre Issue
75.46%
Holding Post Issue
54.77%
Paramatrix Technologies IPO Objective
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.
Paramatrix Technologies Limited Address / Contact Details
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
Paramatrix Technologies IPO Lot Size
The Paramatrix Technologies IPO has a lot size of 1,200 shares. Retail investors require a minimum investment of ₹1,32,000 by applying for 1 lot (1,200 shares). The maximum application allowed for the retail category is 1 lots (1,200 shares), requiring an investment of ₹1,32,000.
| 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 |
Issue Reservation
- Anchor Investors — 0%
- Market Maker — 5.07%
- Others — 47.46%
- RII — 47.46%
Book Running Lead Managers
- Inventure Merchant Banker Services Pvt Ltd
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Paramatrix Technologies IPO?
Paramatrix Technologies IPO is a Fixed price IPO with a total issue size of ₹33.84 crore. The Paramatrix Technologies IPO price band is ₹110 to 110 per share. The Paramatrix Technologies IPO subscription opens on Tue, Aug 27, 2024, and closes on Fri, Aug 30, 2024. The Paramatrix Technologies IPO will be listed on the NSE. Bigshare Services Pvt Ltd is the registrar for the Paramatrix Technologies IPO.
When will the Paramatrix Technologies IPO open for subscription?
The Paramatrix Technologies IPO opens on Tue, Aug 27, 2024 and closes on Fri, Aug 30, 2024
What is Paramatrix Technologies IPO Price Band?
Paramatrix Technologies IPO Price Band is ₹110 to 110 per share.
What is Paramatrix Technologies IPO Lot Size?
Paramatrix Technologies IPO lot size is 1200 shares, Retail investors need a minimum investment of ₹264000 based on the upper price band
What is the minimum investment for Paramatrix Technologies IPO?
The minimum investment for Paramatrix Technologies IPO is ₹264000, based on one lot of 1200 shares at the upper price band of ₹110 per share.
How to apply for Paramatrix Technologies IPO?
Investors can apply for the Paramatrix Technologies IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Fri, Aug 30, 2024. The application amount remains blocked until the Paramatrix Technologies IPO allotment is finalized.
What is Paramatrix Technologies IPO Issue Size?
Paramatrix Technologies IPO issue size is ₹33.84 crores.
What is the Paramatrix Technologies IPO Allotment Date?
Paramatrix Technologies IPO allotment date is Mon, Sep 2, 2024.
Who is the Paramatrix Technologies IPO Registrar?
The registrar for Paramatrix Technologies IPO is Bigshare Services Pvt Ltd. Investors can go to Bigshare Services Pvt Ltd website to check Paramatrix Technologies IPO allotment status, refund processing, and other IPO-related information.
What is the Paramatrix Technologies IPO GMP?
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 0.00% over the issue price.
Who is the Paramatrix Technologies IPO Lead Manager?
The book-running lead managers (BRLMs) for the Paramatrix Technologies IPO are Inventure Merchant Banker Services Pvt Ltd. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Paramatrix Technologies IPO Red Herring Prospectus (RHP).