Paramatrix Technologies IPO open date is August 27, 2024 and the IPO will close on August 30, 2024. Paramatrix Technologies is a Fixed Price Issue. The company to raise around ₹33.84 crores via IPO that comprises fresh issue of ₹30.35 crores and offer for sale up to 318,000 equity shares with face value of ₹10 each.
Paramatrix Technologies IPO price band is ₹110 per share. The retail quota is 50%, QIB is 0%, and HNI is 50%. Paramatrix Technologies IPO to list on NSE on September 4, 2024. The allotment of Paramatrix Technologies IPO date is September 2, 2024.
The company reported revenue of ₹21.49 crores in Dec 2023 against ₹33.32 crore in 2023. The company reported profit of ₹2.96 crores in Dec 2023 against profit of ₹7.08 crores in 2023. As per the financials the IPO investors should apply the IPO for a long term.
Paramatrix Technologies IPO 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 IPO Market Lot
The Paramatrix Technologies IPO minimum market lot is 1200 shares with ₹132,000 application amount.
| 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 IPO Dates
The Paramatrix Technologies IPO date is August 27 and the close date is August 30. The Paramatrix Technologies IPO allotment will be finalized on September 2 and the IPO listing 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 |
Promoters of Paramatrix Technologies
The promoters of the company are Mukesh Keshubhai Thumar and Bhavna Mukesh Keshubhai Thumar.
About Paramatrix Technologies
Being an ISO 9001:2015 and ISO 27001:2013 certified firm, Paramatrix Technologies Limited deals with IT software services operating based in Mumbai. The company was established in 2004 and it mainly deals with the development of software applications and technical solutions for large organizations as well as medium-sized companies. The company has extensive experience in a variety of industries, including retail, BFSI, sports, manufacturing, pharmaceuticals, and logistics.
Paramatrix has categorized Digital Transformation Services and Managed Services as its two service line pillars. The company offers accelerator services such as Digital Transformation Services, Solution Architecture and Design, Application Development and Maintenance, Enterprise Data Management & Data Analytics, Enterprise Framework, Performance Management, Middleware Framework for Centralized Control, Cloud Security Posture Assessment, Cyber Security Services, Managed Services, Cloud & Data Support Services.
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. |
Objects of the Issue
- 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 IPO Review
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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
What is Paramatrix Technologies IPO?
Paramatrix Technologies IPO is a SME IPO. The company is going to raise ₹33.84 Crores via IPO. The issue is priced at ₹110 pr equity share. The IPO is to be listed on NSE.
When Paramatrix Technologies IPO will open for subscription?
The IPO is to open on August 27, 2024 for QIB, NII, and Retail Investors. The IPO will close on August 30, 2024.
What is Paramatrix Technologies IPO Investors Portion?
The investors’ portion for QIB is 0%, NII is 50%, and Retail is 50%.
How to Apply the Paramatrix Technologies IPO?
You can apply for Paramatrix Technologies IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
What is Paramatrix Technologies Issue Size?
Paramatrix Technologies issue size is ₹33.84 crores.
What is Paramatrix Technologies IPO Price Band?
Paramatrix Technologies IPO Price Band is ₹110.
What is Paramatrix Technologies IPO Lot Size?
The minimum bid is 1200 Shares with ₹132,000 amount.
What is the Paramatrix Technologies IPO Allotment Date?
Paramatrix Technologies IPO allotment date is September 2, 2024.
What is the Paramatrix Technologies IPO Listing Date?
Paramatrix Technologies IPO listing date is September 4, 2024. The IPO is to list on NSE.
