Paramount Dye Tec IPO Details: The Paramount Dye Tec IPO is set to open on September 30, 2024, and will close on October 3, 2024. This IPO follows a Book Built Issue format. The company aims to raise approximately ₹28.43 crores through the IPO, which includes a fresh issue of ₹28.43 crores and an offer for sale of [.] equity shares with a face value of ₹10 each.
The IPO price band is set between ₹111 and ₹117 per share, with allocations of 35% for retail investors, 50% for QIBs, and 15% for HNIs. The Paramount Dye Tec IPO is expected to list on the NSE on October 8, 2024, with the allotment date scheduled for October 4, 2024.
For the fiscal year 2024, Paramount Dye Tec reported a revenue of ₹23.68 crores and a profit of ₹3.54 crores. Based on these financials, long-term investors may find this IPO appealing.
Paramount Dye Tec IPO Objectives:
The 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 the Company
- Expenses towards Registration of Land purchased from Promoter
- General Corporate Purposes
Paramount Dye Tec IPO Review (Apply or Not)
- Update soon
Paramount Dye Tec IPO Date & Price Band Details:
| IPO Open Date: | September 30, 2024 |
| IPO Close Date: | October 3, 2024 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹111 to ₹117 Per Share |
| Issue Size: | Approx ₹28.43 Crores |
| Fresh Issue: | Approx ₹28.43 Crores |
| Issue Type: | Book Built Issue |
| IPO Listing: | NSE SME |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Paramount Dye Tec IPO Lot Size:
The minimum market lot for the Paramount Dye Tec IPO is 1,200 shares, requiring an application amount of ₹140,400.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1,200 | ₹140,400 |
| Retail Maximum | 1 | 1,200 | ₹140,400 |
| HNI Minimum | 2 | 2,400 | ₹280,800 |
Paramount Dye Tec IPO Timeline:
The Paramount Dye Tec IPO will open on September 30 and close on October 3. The allotment of shares will be finalized on October 4, with the listing scheduled for October 8.
| IPO Open Date: | September 30, 2024 |
| IPO Close Date: | October 3, 2024 |
| Basis of Allotment: | October 4, 2024 |
| Refunds: | October 7, 2024 |
| Credit to Demat Account: | October 7, 2024 |
| IPO Listing Date: | October 8, 2024 |
Paramount Dye Tec IPO GMP Today:
GMP for Paramount Dye Tec SME IPO has not started yet. We are updating the GMP information on a daily basis. Please visit us again soon for the latest GMP updates.
Promoters of Paramount Dye Tec IPO
The company is promoted by Mr. Kunal Arora and Ms. Palki Arora.
About Paramount Dye Tec IPO
Paramount Dye Tec Limited is based in Village Mangarh, Machiwara Road, Kohara, Ludhiana – 141112, Punjab, India, and specializes in manufacturing yarns by recycling synthetic waste, catering to the B2B segment of the textile industry. The company offers a diverse range of products, including synthetic fibers and yarns such as acrylic yarn, polyester yarn, nylon yarn, wool yarn, hand-knitting yarn, and acrylic blend yarn, all known for their quality, durability, and fine impact.
Committed to environmental responsibility, Paramount Dye Tec integrates innovative approaches that deliver both ecological and economic benefits. Through continuous research and development, the company has developed advanced technology to recycle pre-consumer waste into premium yarns and fibers. As an ISO 9001:2015 and Good Manufacturing Practice (GMP) certified organization, Paramount Dye Tec adheres to a stringent Quality Management System.
In its early years, the company focused on trading, which helped it build a strong market presence. Over time, it invested in enhancing production processes and improving the quality of its synthetic products. While the company is currently focused on expanding its manufacturing capacity, it continues to engage in trading activities, particularly when maintaining long-standing customer relationships or fulfilling bulk orders.
Paramount Dye Tec IPO Company Financial Report
The company reported revenue of ₹23.68 crores in 2024. The company reported profit of ₹3.54 crores in 2024.
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| Jan 2024 | ₹29.56 | ₹25.28 | ₹2.79 | ₹34.90 |
| 2024 | ₹23.68 | ₹18.95 | ₹3.54 | ₹55.50 |
Paramount Dye Tec IPO Valuation – FY2024
Check Paramount Dye Tec 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: | 11.68% |
| ROCE: | 16.53% |
| EBITDA Margin: | 21.88% |
| PAT Margin: | 15.06% |
| Debt to equity ratio: | 0.54 |
| Earning Per Share (EPS): | ₹7.86 (Basic) |
| Price/Earning P/E Ratio: | 14.12 |
| Return on Net Worth (RoNW): | 11.68% |
| Net Asset Value (NAV): | ₹67.31 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| NA | NA | NA | NA | NA | – Cr. |
| NA | NA | NA | NA | NA | – Cr. |
Paramount Dye Tec 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
- Gretex Corporate Services Limited
Company Address
Paramount Dye Tec Limited
Village Mangarh
Machiwara Road
Kohara, Ludhiana – 141112
Phone: +91 9056855519
Email: info@paramountdyetec.com
Website: https://www.paramountdyetec.com/
Paramount Dye Tec IPO FAQs
1. What are the opening and closing dates for the Paramount Dye Tec IPO?
The Paramount Dye Tec IPO opens on September 30, 2024, and closes on October 3, 2024.
2. What is the price band for the Paramount Dye Tec IPO?
The price band for the Paramount Dye Tec IPO is set between ₹111 and ₹117 per share.
3. What is the minimum market lot size for the Paramount Dye Tec IPO?
The minimum market lot is 1,200 shares, requiring an application amount of ₹140,400.
4. How is the IPO allocation divided among investors?
The IPO allocation is divided as follows: 35% for retail investors, 50% for Qualified Institutional Buyers (QIBs), and 15% for High Net Worth Individuals (HNIs).
5. When will the allotment of shares be finalized?
The allotment of shares for the Paramount Dye Tec IPO will be finalized on October 4, 2024.
6. When will the Paramount Dye Tec IPO be listed?
The IPO is scheduled to be listed on the NSE on October 8, 2024.
7. Who are the promoters of Paramount Dye Tec Limited?
The promoters of the company are Mr. Kunal Arora and Ms. Palki Arora.
8. What does Paramount Dye Tec Limited specialize in?
Paramount Dye Tec Limited specializes in manufacturing yarns by recycling synthetic waste, catering primarily to the B2B segment of the textile industry.
9. What types of products does Paramount Dye Tec offer?
The company offers a range of synthetic fibers and yarns, including acrylic yarn, polyester yarn, nylon yarn, wool yarn, hand-knitting yarn, and acrylic blend yarn.
10. Is Paramount Dye Tec Limited certified for quality management?
Yes, Paramount Dye Tec Limited is ISO 9001:2015 and Good Manufacturing Practice (GMP) certified, ensuring adherence to a robust Quality Management System.
11. What is the company’s approach to environmental responsibility?
Paramount Dye Tec is committed to environmental sustainability and has developed advanced technology to recycle pre-consumer waste into premium yarns and fibers.
12. How has the company evolved over the years?
Initially focused on trading, Paramount Dye Tec gradually invested in enhancing production processes and improving product quality. The company is now focused on expanding its manufacturing unit while maintaining trading activities for bulk orders and long-standing customer relationships.
