Last updated on September 4, 2024
Paramatrix Technologies IPO description –Paramatrix Technologies offers various services like Bespoke Software Development, IT Staff Augmentation, Database Management, Business Process Outsourcing, and System Integration. Headquartered in Mumbai, the company concentrates on creating software applications and technology solutions for large enterprises and mid-size businesses on web and mobile platforms. BFSI, Retail, and Sports are among the key growth sectors for Paramatrix.
The company’s office infrastructure includes a workspace with 200 seats, estimated to cost INR 9.40 crore. Paramatrix’s software applications and technology solutions (Accelerators) Services are broadly classified into two categories: (A) Digital Transformation Services and (B) Managed Services.
Additionally, the company provides technology services for other industries such as Manufacturing, Pharmaceutical, Shipping, and Logistics. Paramatrix possesses substantial knowledge, expertise, and experience in developing applications and technology solutions using modern technologies, frameworks, and platforms like Microsoft.Net, Microsoft SQL, Azure, Cross-Platform Mobile Applications, and Java technology, among others.
Promoters of Paramatrix Technologies – Mukesh Keshubhai Thumar and Bhavna Mukesh Keshubhai Thumar
Table of Contents
Paramatrix Technologies IPO Details
| Paramatrix Technologies IPO Dates | 27 – 30 August 2024 |
| Paramatrix Technologies Issue Price | INR 110 per share |
| Fresh issue | 27,58,800 shares (INR 30.35 crore) |
| Offer For Sale | 3,18,000 share (INR 3.50 crore) |
| Total IPO size | 30,76,800 shares (INR 33.85 crore) |
| Minimum bid (lot size) | 1,200 shares (INR 1,32,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | NSE Emerge |
Paramatrix Technologies Financial Performance
| Â | FY 2022 | FY 2023 | FY 2024 |
| Revenue | 27.33 | 28.36 | 27.99 |
| Expenses | 18.60 | 23.59 | 22.95 |
| Net income | 6.79 | 7.08 | 4.13 |
Paramatrix Technologies Offer News
- Paramatrix Technologies RHP
- Paramatrix Technologies Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2024
Paramatrix Technologies Valuations & Margins
| FY 2022 | FY 2023 | FY 2024 | |
| EPS | 7.76 | 8.09 | 4.72 |
| PE ratio | – | – | 23.31 |
| RONW (%) | 27.55 | 23.61 | 13.69 |
| NAV | 28.16 | 34.25 | 34.63 |
| ROCE (%) | 35.87 | 30.51 | 17.29 |
| EBITDA (%) | 34.14 | 29.22 | 19.76 |
Paramatrix Technologies IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| Coming soon | – | – | – |
Paramatrix Technologies IPO Subscription – Live Updates
| Category | Non-retail | Retail | Total |
| Shares Offered | 14,60,400 | 14,60,400 | 29,20,800 |
| 30 Aug 2024 | 6.34 | 11.86 | 9.10 |
| 29 Aug 2024 | 1.75 | 6.03 | 3.89 |
| 28 Aug 2024 | 1.15 | 3.64 | 2.40 |
| 27 Aug 2024 | 0.40 | 1.29 | 0.84 |
The market maker reservation portion of 1,56,000 shares is not included in the above calculations.
Paramatrix Technologies IPO Allotment Status
Paramatrix Technologies IPO allotment status is now available on Bigshare Services’ website. Click on this link to get allotment status.
Paramatrix Technologies IPO Dates & Listing Performance
| IPO Opening Date | 27 August 2024 |
| IPO Closing Date | 30 August 2024 |
| Finalization of Basis of Allotment | 2 September 2024 |
| Initiation of refunds | 3 September 2024 |
| Transfer of shares to demat accounts | 3 September 2024 |
| IPO Listing Date | 4 September 2024 |
| Opening Price on NSE SME | INR 115.05 per share (up 4.59%) |
| Closing Price on NSE SME | INR 120.80 per share (up 9.82%) |
Paramatrix Technologies Issue Lead Manager
INVENTURE MERCHANT BANKER SERVICES PRIVATE LIMITED
2nd Floor, Viraj Tower, Nr. Andheri Flyover (North End),
Western Express Highway, Andheri (East) Mumbai – 400 069
Phone:+91 22 4075 1500
Email:Â [email protected]
Website:Â www.inventuremerchantbanker.com
Paramatrix Technologies Offer Registrar
BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East, Mumbai – 400 093
Phone:Â +91 22 6263 8200
Email:Â Â [email protected]
Website:Â www.bigshareonline.com
Paramatrix Technologies Issue Contact Details
PARAMATRIX TECHNOLOGIES LIMITED
E-102, 1st Floor, Sanpada Railway Station Complex,
Sanpada, Navi Mumbai – 400705, Maharashtra
Phone: +91 22 4151 8700
E-mail: [email protected]
Website: www.paramatrix.com
IPO FAQs
What is the Paramatrix Technologies offer size?
Paramatrix Technologies’ offer size is INR 33.85 crores.
What is the Paramatrix Technologies offer price band?
Paramatrix Technologies’ public offer price is INR 110 per share.
What is the lot size of the Paramatrix Technologies IPO?
Paramatrix Technologies offers a lot size is 1,200 shares.
What is Paramatrix Technologies IPO GMP today?
Paramatrix Technologies IPO GMP today is INR NA per share.
What is the Paramatrix Technologies kostak rate today?
Paramatrix Technologies kostak rate today is INR NA per application.
What is Paramatrix Technologies Subject to the Sauda rate today?
Paramatrix Technologies is Subject to the Sauda rate today is INR NA per application.
