Paramount Dye Tec Limited IPO
NSE SMEListed On: Oct 8, 2024 at ₹ 109.9
₹ 280800 /2400 Shares
*Min Investment
30 Sep, 2024
Open Date03 Oct, 2024
Close Date04 Oct, 2024
Allotment Date08 Oct, 2024
Listing DateExpected Premium is derived from market rumors and internet sources. It does not reflect the actual IPO listing price or value. Please review the RHP and consult a financial advisor before investing.
Paramount Dye Tec IPO Issue Details
- Issue Price ₹111-117 per equity share
- Face Value ₹10 Per Equity Share
- Total Issue Size 24,30,000 shares(aggregating up to ₹28.43 crore)
- Fresh Share 24,30,000 shares(aggregating up to ₹28.43 crore)
- Listing at NSE SME
- List Price 109.9
- Listing Date 2024-10-08
- Lead Manager Gretex Corporate Services Limited
- 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 | ₹1,40,400 |
| Retail(max) | 1 | 1200 | ₹1,40,400 |
| NII (min) | 2 | 2400 | ₹2,80,800 |
Paramount Dye Tec IPO Reservation
Paramount Dye Tec IPO offers total 24,30,000 shares. Out of which 4,60,800 (18.96%) allocated to QIB, 3,46,800 (14.27%) allocated to NII,8,08,800 (33.28%) allocated to RII, NA (NA%) allocated to employees and 6,91,200 (28.44%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 6,91,200 (28.44%) | |
| Market Maker Shares Offered | 1,22,400 (5.04%) | |
| QIB Shares Offered | 4,60,800 (18.96%) | |
| NII (HNI) Shares Offered | 3,46,800 (14.27%) | |
| Retail Shares Offered | 8,08,800 (33.28%) | |
| Total Shares Offered | 24,30,000 (100%) |
Paramount Dye Tec IPO Details
Paramount Dye Tec Limited IPO is an SME IPO, priced at ₹111-117 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 24,30,000 equity shares, aggregating up to ₹28.43 crores..
The IPO bidding window is open from Sep 30, 2024 to Oct 3, 2024. The allotment is expected to be finalized on Oct 4, 2024, and the tentative listing date is Oct 8, 2024.
The minimum lot size for retail investors is 1200 shares, with a minimum investment of ₹1,40,400. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,80,800.
Gretex Corporate Services Limited is acting as the lead manager to the issue. The registrar of the IPO is Bigshare Services Pvt Ltd, and Gretex Share Broking Private Limited will act as the market maker for this issue.
Paramount Dye Tec IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 460,800 / 346,800 | 808,800 | 1,616,400 |
Day 1 30-09-24 06:00 PM | 0.00 / 0.13 x | 0.78 x | 0.42 x |
Day 2 01-10-24 06:00 PM | 0.00 / 0.46 x | 2.82 x | 1.51 x |
Day 3 03-10-24 06:00 PM | 10.22 / 135.66 x | 36.26 x | 50.16 x |
Paramount Dye Tec Valuations
Paramount Dye Tec Company Financials
| 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|
| Assets | 5,549.65 | 3,490.07 | N/A |
| Revenue | 2,367.9 | 2,955.91 | N/A |
| Profit After Tax | 354.09 | 278.65 | N/A |
| Net Worth | 3,032.06 | N/A | N/A |
| Reserves & Surplus | 3,029.81 | N/A | N/A |
| Total Borrowing | 1,627.37 | N/A | N/A |
About Paramount Dye Tec Company
Paramount Dye Tec Limited was established in January 2014. It recycles waste synthetic fiber and produces yarns for the B2B textile industry.
Paramount Dye Tec Limited manufactures a variety of products, such as synthetic fiber and yarns like acrylic, polyester, nylon, wool, hand-knitting, and acrylic blend yarns, famous for their quality, durability, and lasting excellence.
The company has two manufacturing units located in Village Mangarh and Village Koom Khurd, Punjab.
The company is ISO 9001:2015 and a Good Manufacturing Practice (GMP) certified organization with a robust Quality Management System.
The company deals in acrylic cloth besides other products like blended yarn, nylon, polyester yarns, and acrylic yarn.
Paramount Dye Tec - Promoter(s)
Mr. Kunal Arora
Ms. Palki Arora
Pre Issue Share Holding : 99.97%
Post Issue Share Holding : 64.97%
Paramount Dye Tec IPO - Issue Objectives
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
Contact Details
Paramount Dye Tec
Village Mangarh, Machiwara Road, Kohara, Ludhiana - 141112
+91 9056855519
Registrar Contact Details
Bigshare Services Pvt Ltd
+91-22-6263 8200
Paramount Dye Tec IPO - FAQs
Ans. Paramount Dye Tec Limited IPO is a SME IPO. The issue is priced at ₹111-117 per equity share. The minimum order quantity is 1200 Shares. The IPO opens on Sep 30, 2024, and closes on Oct 3, 2024. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Paramount Dye Tec Limited IPO opens on Sep 30, 2024 and closes on Oct 3, 2024.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Paramount Dye Tec Limited IPO is 2,430,000 shares(aggregating up to ₹28.43 Cr).
Ans. The Paramount Dye Tec Limited IPO price band is set between ₹111-117 per equity share.
Ans. To apply for Paramount Dye Tec Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Paramount Dye Tec 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 Paramount Dye Tec Limited IPO is Oct 4, 2024.
Ans. The Paramount Dye Tec Limited IPO will be listed on Oct 8, 2024.
Ans. Follow the steps to check the Paramount Dye Tec Limited IPO allotment status online.
