Paramount Dye Tec IPO
GMP, Subscription, Price, Dates & Financial Details
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…
Open Date
Mon, 30 Sep 2024
Close Date
Thu, 03 Oct 2024
Price Band
₹ 111 – 117
Lot Size
1200
Issue Size
₹ 28.43 Cr
Minimum Investment
₹ 280,800 (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
Paramount Dye Tec 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 book-built issue with a total issue size of ₹28.43 Crore, comprising a fresh issue of 24.30 Lakh equity shares aggregating to ₹28.43 Crore.
The Paramount Dye Tec IPO remained open for subscription from September 30, 2024, to October 03, 2024. The basis of allotment was finalized on October 04, 2024, and the company's shares were listed on NSE SME Platform on October 08, 2024.
The company had fixed the price band at ₹111 to ₹117 per share, with a lot size of 1200 shares. Retail investors were required to make a minimum investment of ₹280,800 (based on the upper price band) to apply for one lot.
Bigshare Services Pvt Ltd served as the registrar to the issue. Gretex Corporate Services Pvt Ltd acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Paramount Dye Tec 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.
Paramount Dye Tec IPO Timeline (Tentative)
- IPO Open Date
- Mon, 30 Sep 24
- IPO Close Date
- Thu, 03 Oct 24
- Basis of Allotment
- Fri, 04 Oct 24
- Initiation of Refunds
- Mon, 07 Oct 24
- Credit of Shares to Demat
- Mon, 07 Oct 24
- Listing Date
- Tue, 08 Oct 24 — NSE & BSE
Open Date
30 September 2024
Close Date
03 October 2024
Basis Of Allotment
04 October 2024
Listing Date
08 October 2024
IPO Subscription
Check Live Subscription →The Paramount Dye Tec IPO has received bids for 8,10,85,200 shares against 16,16,400 shares offered, resulting in an overall subscription of 50.16x. the NII category is subscribed 135.66x, Retail Investors 36.26x, and QIBs 10.22x.
QIB
10.22x
NII
135.66x
RII
36.26x
Total
50.16x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 8,08,800 shares, representing 33.28% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 4,60,800 shares (18.96%), while Non-Institutional Investors (NIIs) receive 3,46,800 shares (14.27%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Anchor Investors | 691,200 | 28.44% |
| Market Maker | 122,400 | 5.04% |
| Qualified Institutions | 460,800 | 18.96% |
| Non-Institutional | 346,800 | 14.27% |
| Retail Investors | 808,800 | 33.28% |
| Total | 2,430,000 | 100% |
Financials Details(₹ 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 |
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.
Paramount Dye Tec Limited KPI Information
| Particular | KPI as of March 31, 2024. |
|---|---|
| ROE % | 11.68 |
| ROCE % | 16.53 |
| Debt / Equity | 0.54 |
| RoNW % | 11.68 |
| Pat Margin % | 15.06 |
Peers Comparison
No Peer Comparision Available
About Paramount Dye Tec Limited
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.
Paramount Dye Tec IPO Promoters
- Mr. Kunal Arora
- Ms. Palki Arora.
Promoters Holding
Holding Pre Issue
99.97%
Holding Post Issue
64.97%
Paramount Dye Tec IPO Objective
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
Paramount Dye Tec Limited Address / Contact Details
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
Paramount Dye Tec IPO Lot Size
The Paramount Dye Tec IPO has a lot size of 1,200 shares. Retail investors require a minimum investment of ₹1,40,400 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 ₹1,40,400.
| 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 |
Issue Reservation
- Anchor Investors — 28.44%
- Market Maker — 5.04%
- QIB — 18.96%
- NII — 14.27%
- RII — 33.28%
Book Running Lead Managers
- Gretex Corporate 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 Paramount Dye Tec IPO?
Paramount Dye Tec IPO is a Book-building IPO with a total issue size of ₹28.43 crore. The Paramount Dye Tec IPO price band is ₹111 to 117 per share. The Paramount Dye Tec IPO subscription opens on Mon, Sep 30, 2024, and closes on Thu, Oct 3, 2024. The Paramount Dye Tec IPO will be listed on the NSE. Bigshare Services Pvt Ltd is the registrar for the Paramount Dye Tec IPO.
When will the Paramount Dye Tec IPO open for subscription?
The Paramount Dye Tec IPO opens on Mon, Sep 30, 2024 and closes on Thu, Oct 3, 2024
What is Paramount Dye Tec IPO Price Band?
Paramount Dye Tec IPO Price Band is ₹111 to 117 per share.
What is Paramount Dye Tec IPO Lot Size?
Paramount Dye Tec IPO lot size is 1200 shares, Retail investors need a minimum investment of ₹280800 based on the upper price band
What is the minimum investment for Paramount Dye Tec IPO?
The minimum investment for Paramount Dye Tec IPO is ₹280800, based on one lot of 1200 shares at the upper price band of ₹117 per share.
How to apply for Paramount Dye Tec IPO?
Investors can apply for the Paramount Dye Tec 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 Thu, Oct 3, 2024. The application amount remains blocked until the Paramount Dye Tec IPO allotment is finalized.
What is Paramount Dye Tec IPO Issue Size?
Paramount Dye Tec IPO issue size is ₹28.43 crores.
What is the Paramount Dye Tec IPO Allotment Date?
Paramount Dye Tec IPO allotment date is Fri, Oct 4, 2024.
Who is the Paramount Dye Tec IPO Registrar?
The registrar for Paramount Dye Tec IPO is Bigshare Services Pvt Ltd. Investors can go to Bigshare Services Pvt Ltd website to check Paramount Dye Tec IPO allotment status, refund processing, and other IPO-related information.
What is the Paramount Dye Tec IPO GMP?
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 4.27% over the issue price.
Who is the Paramount Dye Tec IPO Lead Manager?
The book-running lead managers (BRLMs) for the Paramount Dye Tec IPO are Gretex Corporate 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 Paramount Dye Tec IPO Red Herring Prospectus (RHP).