Paramount Dye Tec IPO Details
The Paramount Dye Tec IPO is a book build issue with a total issue size of ₹28.43 cr, comprising of fresh issue of 2430000 equity shares. Paramount Dye Tec IPO opened for subscription on Sep 30, 2024 and closed on Oct 03, 2024. Paramount Dye Tec IPO is set price band at ₹111 to ₹117 per share, with a lot size of 1200 shares. Minimum investment for Retail investors was ₹280,800.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Oct 04, 2024, and listed on the NSE on Oct 08, 2024.
Bigshare Services Pvt Ltd has been appointed as the registrar. Gretex Corporate Services Pvt Ltd are the Book Running Lead Manager for the issue.
Before investing in the Paramount Dye Tec IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
- Price Band
- ₹ 111 – 117
- Lot Size
- 1200
- Issue Size
- ₹28.43 Cr
- Minimum Investment
- ₹280800 (2400 Shares)
- Listing Date
- 08 October 2024
Current GMP
₹5 (+4.27%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
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
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
Book Running Lead Managers
- Gretex Corporate Services Pvt Ltd
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 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.
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 per share.
Paramount Dye Tec IPO lot size is 1200 shares, Retail investors need a minimum investment of ₹280800 based on the upper price band
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.
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.
Paramount Dye Tec IPO issue size is ₹28.43 crores.
Paramount Dye Tec IPO allotment date is Wed, Jul 1, 2026.
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.
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 0% over the issue price.