Paramatrix Technologies Limited IPO
NSE SMEListed On: Sep 4, 2024 at ₹ 115.05
₹ 264000 /2400 Shares
*Min Investment
27 Aug, 2024
Open Date30 Aug, 2024
Close Date02 Sep, 2024
Allotment Date04 Sep, 2024
Listing DateParamatrix Technologies IPO Issue Details
- Issue Price ₹110 per equity share
- Face Value ₹10 Per Equity Share
- Total Issue Size 30,76,800 shares(aggregating up to ₹33.84 crore)
- Fresh Share 27,58,800 shares(aggregating up to ₹30.35 crore)
- Offer For Sale 3,18,000 shares(aggregating up to ₹3.5 crore)
- Listing at NSE SME
- List Price 115.05
- Listing Date 2024-09-04
- Lead Manager Inventure Merchant Banker Services Pvt Ltd
- Registrar Bigshare Services Pvt Ltd
Market Lot Size
Investors can bid for a minimum of 1200 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 1200 | ₹1,32,000 |
| Retail(max) | 1 | 1200 | ₹1,32,000 |
| NII (min) | 2 | 2,400 | ₹2,64,000 |
Paramatrix Technologies IPO Reservation
Paramatrix Technologies IPO offers total 30,76,800 shares. Out of which NA (NA%) allocated to QIB, NA (NA%) allocated to NII,14,60,400 (47.46%) allocated to RII, NA (NA%) allocated to employees and NA (NA%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | NA (NA%) | |
| Market Maker Shares Offered | 1,56,000 (5.07%) | |
| Retail Shares Offered | 14,60,400 (47.46%) | |
| Total Shares Offered | 30,76,800 (100%) |
Paramatrix Technologies IPO Details
Paramatrix Technologies Limited IPO is an SME IPO, priced at ₹110 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform. The IPO comprises a total issue of 30,76,800 equity shares, aggregating up to ₹33.84 crores..
The IPO bidding window is open from Aug 27, 2024 to Aug 30, 2024. The allotment is expected to be finalized on Sep 2, 2024, and the tentative listing date is Sep 4, 2024.
The minimum lot size for Retail investors is 1200 shares, with a minimum investment of ₹1,32,000. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,64,000.
Inventure Merchant Banker Services Pvt Ltd is acting as the lead manager to the issue. The registrar of the IPO is Bigshare Services Pvt Ltd, and Svcm Securities Private Limited will act as the market maker for this issue.
Paramatrix Technologies IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 1,460,400 | 1,460,400 | 2,920,800 |
Day 1 27-08-24 06:00 PM | 0.42 x | 1.49 x | 0.96 x |
Day 2 28-08-24 06:00 PM | 1.04 x | 3.71 x | 2.38 x |
Day 3 29-08-24 06:00 PM | 1.64 x | 6.12 x | 3.88 x |
Day 4 30-08-24 06:00 PM | 6.34 x | 11.86 x | 9.10 x |
Paramatrix Technologies Valuations
Paramatrix Technologies Company Financials
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
|---|---|---|---|
| Assets | 3,438.71 | 3,062.57 | 2,570.28 |
| Revenue | 3,332.44 | 2,824.66 | 2,572.77 |
| Profit After Tax | 707.56 | 678.94 | 470.76 |
About Paramatrix Technologies Company
Paramatrix Technologies Limited was established in 2004 and provides software applications and technology solutions for large and medium-sized companies.
The company's software applications and technology solutions (accelerators) can be broadly categorized as follows:
Digital transformation services encompass Application Development and Maintenance (ADM), Solution Architecture and Design, Enterprise Data Management & Data Analytics, INSIGHT that is an Accelerator for Analytics, MIS, and Reporting), PERFORM or Accelerator for Employee Performance Management), EPPM or Enterprise Framework to manage allocation and scheduling of work, PACE or middleware framework for Centralized Control), ITCS is an accelerator used in managing employee share trading compliance, DROANA or a virtual classroom platform, EVENTJET or solution for monitoring management of event log, BULWARK Cloud Security Posture Assessment, or PLAYMITY the SaaS based gamification platform.
These services include: application managed services, cyber security services, and cloud & data support services.
The BFSI sector, retail, manufacturing, sports, pharma, and logistics are part of the company's client list. As of March 31, 2024, the company had 182 employees.
Paramatrix Technologies - Promoter(s)
Mukesh Keshubhai Thumar
Bhavna Mukesh Keshubhai Thumar
Pre Issue Share Holding : 75.46%
Post Issue Share Holding : 54.77%
Paramatrix Technologies IPO - Issue Objectives
Capital Expenditure for building Infrastructure
Investment in suite of accelerators to enhance the service offerings
Geographical expansion in the Middle East and East Asia
General Corporate Purposes
Paramatrix Technologies IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Paramatrix Technologies Limited | 4.72 | N/A | 34.63 | 23.31 | 13.63 | 3.24 | Standalone |
| All E Technologies Limited | 9.75 | N/A | 58.88 | 44.31 | 16.55 | 7.45 | Standalone |
| Softsol India Ltd. | 7.38 | N/A | 118.85 | 40.57 | 6.21 | 2.53 | Standalone |
| Ksolves India Limited | 28.81 | N/A | 20.1 | 35.3 | 143.31 | 50.8 | Standalone |
Notes:
- Paramatrix financials are based on March 31, 2024. EPS, Total Revenue & RONW calculated on the basis of Financials as on March 31, 2024, available on NSE/BSE.
- NAV is calculated on the basis of the latest data available on the NSE/BSE.
- P/E Ratio is computed by dividing the closing market price on August 14, 2024, on NSE/BSE by EPS.
Contact Details
Paramatrix Technologies
E-102, 1st Floor, Sanpada Railway Station Complex, Sanpada, Navi Mumbai - 400705
+91 22 4151 8700
Registrar Contact Details
Bigshare Services Pvt Ltd
+91-22-6263 8200
Paramatrix Technologies IPO - FAQs
Ans. Paramatrix Technologies Limited IPO is a SME IPO. The issue is priced at ₹110 per equity share. The minimum order quantity is 1200 Shares. The IPO opens on Aug 27, 2024, and closes on Aug 30, 2024. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Paramatrix Technologies Limited IPO opens on Aug 27, 2024 and closes on Aug 30, 2024.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Paramatrix Technologies Limited IPO is 3,076,800 shares(aggregating up to ₹33.84 Cr).
Ans. The Paramatrix Technologies Limited IPO price band is set between ₹110 per equity share.
Ans. To apply for Paramatrix Technologies Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Paramatrix Technologies Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Paramatrix Technologies Limited IPO is Sep 2, 2024.
Ans. The Paramatrix Technologies Limited IPO will be listed on Sep 4, 2024.
Ans. Follow the steps to check the Paramatrix Technologies Limited IPO allotment status online.
