Paramatrix Technologies Details: The Paramatrix Technologies IPO is set to open on August 27, 2024, and will close on August 30, 2024. This Fixed Price Issue aims to raise approximately ₹33.84 crores, with a fresh issue of ₹30.35 crores and an offer for sale of up to 318,000 equity shares, each with a face value of ₹10.
The price band for Paramatrix Technologies IPO is ₹110 per share. The allocation is divided as follows: 50% for retail investors, 0% for Qualified Institutional Buyers (QIBs), and 50% for High Net-Worth Individuals (HNIs). The IPO is scheduled to list on the NSE on September 4, 2024, with allotment taking place on September 2, 2024.
For the fiscal year ending December 2023, Paramatrix Technologies reported a revenue of ₹21.49 crores, down from ₹33.32 crores in the previous year. The company’s profit for the same period was ₹2.96 crores, compared to ₹7.08 crores the year before. Given these financials, potential investors are advised to consider the IPO with a long-term investment perspective.
Table of Contents
ToggleParamatrix Technologies Objectives:
The Company proposes to utilize the Net Proceeds from the Fresh Issue towards funding the following objects:
- Capital Expenditure for building Infrastructure;
- Investment in suite of accelerators to enhance the service offerings;
- Geographical expansion in the Middle East and East Asia; and
- General Corporate Purposes
Paramatrix Technologies Review (Apply or Not)
- Update soon
Paramatrix Technologies Date & Price Band Details:
IPO Open Date: | August 27, 2024 |
IPO Close Date: | August 30, 2024 |
Face Value: | ₹10 Per Equity Share |
IPO Price Band: | ₹110 Per Share |
Issue Size: | Approx ₹33.84 Crores |
Fresh Issue: | Approx ₹30.35 Crores |
Offer for Sale: | Approx 318,000 Equity Shares |
Issue Type: | Fixed Price Issue |
IPO Listing: | NSE SME |
Retail Quota: | Not more than 50% |
QIB Quota: | [.] |
NII Quota: | Not more than 50% |
DRHP Draft Prospectus: | Click Here |
RHP Draft Prospectus: | Click Here |
Anchor Investors List: | Click Here |
Paramatrix Technologies Lot Size:
The Paramatrix Technologies IPO requires a minimum market lot of 1,200 shares, which translates to an application amount of ₹132,000.
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | 1200 | ₹132,000 |
Retail Maximum | 2 | 1200 | ₹132,000 |
HNI Minimum | 3 | 2400 | ₹264,000 |
Paramatrix Technologies Timeline:
The Paramatrix Technologies IPO will open on August 27 and close on August 30. Allotment details will be finalized on September 2, with the shares scheduled to list on the NSE on September 4.
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 |
Paramatrix Technologies GMP Today:
Update soon
Paramatrix Technologies Company Financial Report
The company reported revenue of ₹21.49 crores in Dec 2023 against ₹33.32 crores in 2023. The company reported a profit of ₹2.96 crores in Dec 2023 against a profit of ₹7.08 crores in 2023.
Amount ₹ in Crores
Period Ended | Revenue | Expense | Profit After Tax | Assets |
2021 | ₹25.73 | ₹18.72 | ₹4.71 | ₹25.70 |
2022 | ₹28.25 | ₹18.60 | ₹6.79 | ₹30.63 |
2023 | ₹33.32 | ₹23.59 | ₹7.08 | ₹34.39 |
2024 | ₹28.60 | ₹22.95 | ₹4.13 | ₹33.54 |
Paramatrix Technologies IPO Valuation – FY2024
Check Paramatrix Technologies IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
KPI | Values |
ROE: | 13.63% |
ROCE: | 17.29% |
EBITDA Margin: | 19.76% |
PAT Margin: | 14.45% |
Debt to equity ratio: | NA |
Earning Per Share (EPS): | ₹4.72 (Basic) |
Price/Earning P/E Ratio: | 23.31 |
Return on Net Worth (RoNW): | 23.61% |
Net Asset Value (NAV): | ₹34.63 |
Peer Group Comparison
Company | EPS | PE Ratio | RoNW % | NAV | Income |
All E Technologies | 9.75 | 44.31 | 16.55 | 58.88 | 123.65 Cr. |
Softsol India* | 7.38 | 40.57 | 6.21% | 118.85 | 83.55 Cr. |
K Solves India | 28.81 | 35.30 | 143.31 | 20.10 | 108.98 Cr. |
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
IPO Lead Managers aka Merchant Bankers
- Inventure Merchant Banker Services Pvt Ltd
Company Address
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/
Paramatrix Technologies IPO FAQs
1. What are the key dates for the Paramatrix Technologies IPO?
The Paramatrix Technologies IPO opens on August 27, 2024, and closes on August 30, 2024. Allotment of shares will be finalized on September 2, 2024, and the shares are expected to list on the NSE on September 4, 2024.
2. What is the price band for the Paramatrix Technologies IPO?
The price band for the IPO is set at ₹110 per share.
3. What is the minimum application amount for the Paramatrix Technologies IPO?
The minimum market lot for the IPO is 1,200 shares, requiring an application amount of ₹132,000.
4. How are the shares allocated in the Paramatrix Technologies IPO?
The allocation for the IPO is as follows:
- Retail Investors: 50%
- Qualified Institutional Buyers (QIBs): 0%
- High Net-Worth Individuals (HNIs): 50%
5. What is the nature of the Paramatrix Technologies IPO?
The IPO is a Fixed Price Issue, where the price per share is set at ₹110.
6. What is the company’s financial performance?
For the fiscal year ending December 2023, Paramatrix Technologies reported a revenue of ₹21.49 crores, down from ₹33.32 crores in 2022. The profit for the same period was ₹2.96 crores, compared to ₹7.08 crores the previous year.
7. What should investors consider before applying for the IPO?
Given the financial performance of the company, it is recommended that investors consider applying for the IPO with a long-term investment perspective.
8. Where will the Paramatrix Technologies shares be listed?
The shares will be listed on the National Stock Exchange (NSE).
9. How can investors apply for the Paramatrix Technologies IPO?
Investors can apply through their brokers or online trading platforms that support IPO applications. Ensure that you have sufficient funds in your account for the minimum application amount of ₹132,000.
10. How can I check the status of my IPO application?
You can check the status of your IPO application on the registrar’s website or through your brokerage account once the allotment process is completed.