Paramatrix Technologies IPO
Paramatrix Technologies is an NSE SME IPO listed on the NSE SME platform, priced at ₹110 per share. The stock debuted at ₹115.05, delivering a listing gain of 4.6%. The IPO had a lot size of ₹1200 shares and a minimum investment of ₹1,32,000.
Paramatrix Technologies Limited IPO
- IPO Dates
- Aug 27, 2024 – Aug 30, 2024
- Price band
- ₹110 per equity share
- Minimum Investment
- ₹1,32,000
- Issue size
- ₹33.84 Cr
- Lot size
- 1200
- Allotment Date
- Sep 2, 2024
- Listing
- Sep 4, 2024
- Listing At
- NSE SME
IPO timeline
-
Aug 27, 2024
Open Date
Completed
-
Aug 30, 2024
Close Date
Completed
-
Sep 2, 2024
Allotment Date
Completed
-
Sep 4, 2024
Listing Date
Completed
Paramatrix Technologies IPO Essentials
Paramatrix Technologies IPO Details
Paramatrix Technologies IPO is priced at ₹110 per share with a total issue size of 33.84 crore. The IPO has a lot size of 1200 shares and is listed on NSE SME.
- Issue price
- ₹110 per equity share
- Lot size
- 1200 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 3,076,800 shares(aggregating up to ₹33.84 Cr)
- Total issue size
- 30,76,800 shares
(aggregating up to ₹33.84 crore) - Fresh issue
- 27,58,800 shares
(aggregating up to ₹30.35 crore) - Offer for sale (OFS)
- 3,18,000 shares
(aggregating up to ₹3.5 crore) - Listing at
- NSE SME
- List price
- 115.05
- Listing date
- Registrar
- Bigshare Services Pvt Ltd
- Lead manager
-
Inventure Merchant Banker 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 reservation details show category-wise allocation of shares. Out of the total 30,76,800 shares, approximately 47.46% for retail investors, and 5.07% for market maker.
| 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 Analytics
Paramatrix Technologies IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Paramatrix Technologies IPO Subscription Status
Paramatrix Technologies IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| 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
Earnings
- EPS Pre IPO
- ₹4.72/-
- EPS Post IPO
- ₹3.59/-
- P/E Pre IPO
- 23.3
- P/E Post IPO
- 30.64
Returns
- ROE
- 13.63%
- ROCE
- 17.29%
- RoNW
- 13.69%
- PAT Margin
- 11.00
Paramatrix Technologies Financials( In Lakhs)
| 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 |
Paramatrix Technologies Company & Offer Insights
About Paramatrix Technologies
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 are the company's promoters of Paramatrix Technologies.
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 Information
Contact Details
Paramatrix Technologies
+91 22 4151 8700
E-102, 1st Floor, Sanpada Railway Station Complex, Sanpada, Navi Mumbai - 400705
Registrar Contact Details
Bigshare Services Pvt Ltd
+91-22-6263 8200
Frequently Asked Questions
Click any question to reveal the answer
Paramatrix Technologies IPO is a Fixed Priced IPO worth ₹33.84 crore. The issue price is ₹110 per share (fixed price). The IPO opens on Aug 27, 2024 and closes on Aug 30, 2024. It will be listed on NSE SME Platform. Bigshare Services Pvt Ltd is the registrar.
The issue price of Paramatrix Technologies IPO is ₹110 per share (fixed price).
The lot size of Paramatrix Technologies IPO is 1200 shares.
The minimum investment for Paramatrix Technologies IPO is approximately ₹1,32,000 based on the issue price .
Paramatrix Technologies IPO opens on Aug 27, 2024 and closes on Aug 30, 2024.
The allotment date of Paramatrix Technologies IPO is Sep 2, 2024.
Paramatrix Technologies IPO is expected to be listed on Sep 4, 2024, on NSE SME Platform.
Paramatrix Technologies IPO valuation snapshot: P/E 30.64, EPS ₹3.59/-, P/B N/A, RoNW 13.69%, and market cap N/A.
To apply for Paramatrix Technologies IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Paramatrix Technologies IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Paramatrix Technologies IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Paramatrix Technologies IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Paramatrix Technologies IPO allotment status on IPO Ji for quick and easy access.