Paramatrix Technologies IPO is scheduled to open on August 27, 2024, and will subsequently close on August 30, 2024. Notably, this Fixed Price Issue seeks to raise approximately ₹33.84 crores. Specifically, the offering comprises a fresh issue of ₹30.35 crores, alongside an offer for sale of up to 318,000 equity shares, each with a face value of ₹10.
Table of contents
- Paramatrix Technologies IPO Overview
- Company Details
- Key Dates
- Financials (₹ in Crores)
- Objective of Issue
- Company Promoters
- Paramatrix Technologies IPO GMP (Grey Market Premium)
- Paramatrix Technologies IPO Application Form PDF
- Paramatrix Technologies IPO Subscription Status
- Paramatrix Technologies IPO Allotment Status
- IPO Review
- Paramatrix Technologies IPO Registrar
- Paramatrix Technologies Ltd IPO Lead Manager
- Paramatrix Technologies IPO Contact
- FAQs
Paramatrix Technologies IPO Overview
| Overview Points | Description |
|---|---|
| Company Name | Paramatrix Technologies Limited |
| Industry | Software Applications and Tech Solutions |
| IPO Issue Type | Fixed Price Issue |
| Open Date | August 27, 2024 |
| Close Date | August 30, 2024 |
| Total Issue Size | ₹33.84 Crores (3,076,800 Equity Shares) |
| Face Value | ₹10 Per Equity Share |
| Fresh Issue | ₹30.35 Crores (2,758,800 Equity Shares) |
| Price Band | ₹110 Per Share |
| Listing on | NSE SME |
| Lot Size | 1200 shares |
| Offer for Sale | ₹3.50 Crores (318,000 Equity Shares) |
| Shares Offered to Retail | 50% |
| Shares Offered to QIB | N/A |
| Shares Offered to HNI | 50% |
Company Details
Paramatrix Technologies Limited, certified under ISO 9001:2015 and ISO 27001:2013, is an IT software services firm based in Mumbai. Established in 2004, the company specializes in developing software applications and providing technical solutions for both large organizations and medium-sized businesses. With extensive experience across industries such as retail, BFSI, sports, manufacturing, pharmaceuticals, and logistics, Paramatrix excels in delivering tailored solutions.
Specifically, the company’s services are categorized into two main pillars: Digital Transformation Services and Managed Services. Moreover, their offerings include Digital Transformation Services, Solution Architecture and Design, Application Development and Maintenance, Enterprise Data Management & Analytics, Enterprise Framework, Performance Management, Middleware Framework for Centralized Control, Cloud Security Posture Assessment, Cyber Security Services, as well as Cloud & Data Support Services and Managed Services.
Key Dates
| Event | Dates |
|---|---|
| IPO Open Date | August 27, 2024 |
| IPO Close Date | August 30, 2024 |
| Basis of Allotment | September 2, 2024 |
| Refunds | September 3, 2024 |
| Credit to Demat Account | September 3, 2024 |
| IPO Listing Date | September 4, 2024 |
Financials (₹ in Crores)
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | ₹33.54 | ₹34.38 | ₹30.62 |
| Revenue | ₹28.59 | ₹33.32 | ₹28.24 |
| Profit After Tax | ₹4.13 | ₹7.07 | ₹6.78 |
| Net Worth | ₹30.30 | ₹29.96 | ₹24.64 |
| Reserves and Surplus | ₹21.55 | ₹29.61 | ₹24.29 |
Objective of Issue
- Capital expenditure for infrastructure development.
- Along with, investment in a suite of accelerators to enhance service offerings.
- Additionally, it has expanded geographically into the Middle East and East Asia.
- And finally, for general corporate purposes.
Company Promoters
- Mukesh Keshubhai Thumar
- Bhavna Mukesh Thumar
- Kalpana Struct Con Private Limited
- Kalpana Struct-Con Infra LLP
- M K Thumar HUF
Paramatrix Technologies IPO GMP (Grey Market Premium)
Curious about the latest Grey Market Premium (GMP) for the Paramatrix Technologies IPO? Look no further! Visit our dedicated IPO GMP section where we keep you in the loop with daily updates on all IPOs, including Paramatrix Technologies Limited. Additionally, stay ahead of the game with real-time GMP insights that can help you make informed investment decisions. Whether you’re a seasoned investor or just getting started, our updates have got you covered!
Paramatrix Technologies IPO Application Form PDF
To download the Paramatrix Technologies IPO application form, simply check out the IPO Forms. Additionally, you can download the ASBA IPO Forms PDF.
Paramatrix Technologies IPO Subscription Status
This IPO subscription kicks off on August 27, 2024! Meanwhile, if you’re looking to stay updated with the latest subscription figures, head over to our IPO Subscription section for real-time data on all ongoing IPOs. Moreover, don’t miss out on the action—track the progress as it happens!
Paramatrix Technologies IPO Allotment Status
To check the Paramatrix Technologies IPO allotment status go to the IPO registrar website Bigshare Services Private Limited or go to IPO Allotment.
To check allotment status. Firstly, follow the steps below:
- Finally, submit the details to get the allotment status.
- Firstly, go to the link given above.
- Secondly, select the company name.
- Then, enter your PAN Number, Beneficiary Number, Application Number, or CAF Number.
IPO Review
Strengths:
- Diverse Service Portfolio: Paramatrix Technologies offers an extensive range of services and accelerators across multiple industries, thereby boosting its market appeal and revenue growth potential.
- Strategic Growth Initiatives: Moreover, the company’s focus on expanding into the Middle East and East Asia unlocks substantial opportunities in emerging markets.
- Robust Infrastructure Investments: Additionally, ongoing infrastructure investments enhance operational efficiency and scalability, positioning the company for sustained long-term growth.
Risks:
- High Capital Expenditure: Substantial investments in infrastructure and expansion could, therefore, place pressure on financial resources, potentially impacting short-term profitability.
- Market Dependence: Moreover, a strong reliance on specific regions or industries may leave the company vulnerable to localized economic slowdowns or market fluctuations.
- Intense Competition: Additionally, operating in a highly competitive technology and services sector, Paramatrix Technologies may face challenges to its market position from well-established competitors.
Paramatrix Technologies IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
Paramatrix Technologies Ltd IPO Lead Manager
Inventure Merchant Banker Services Pvt Ltd
2nd Floor, Viraj Tower, W. E. Highway.
Andheri East, Mumbai 400063, India.
Phone: +91 22 71148500
Email: info@inventuremerchantbanker.com
Website: http://www.inventuremerchantbanker.com/
Paramatrix Technologies IPO Contact
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/
FAQs
It is launching an SME IPO, aiming to raise ₹33.84 crores. The issue is priced at ₹110 per equity share, and notably, the IPO will be listed on the NSE.
The IPO is set to open on August 27, 2024, for subscription by QIB, NII, and Retail Investors. Furthermore, it will close on August 30, 2024.
Specifically, the allocation for investors is divided as follows: QIB receives 0%, NII is allocated 50%, and Retail Investors are allocated 50%.
To apply for the IPO, you can do so online through ASBA via your bank account. Alternatively, you may apply using UPI through your stock broker’s platform. Additionally, you can submit an offline application through your stock broker.
The total issue size for Paramatrix Technologies amounts to ₹33.84 crores.
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