Last updated on October 8, 2024
Paramount Dye Tec IPO description – Paramount Dye Tec, based in Ludhiana, Punjab, specializes in producing yarns by recycling synthetic waste fiber, catering to the B2B segment of the textile industry. The company offers diverse products, including acrylic, polyester, nylon, wool, hand-knitting, and acrylic blend yarns, all known for their superior quality, refined texture, and lasting durability.
Paramount Dye Tec is an ISO 9001:2015 and Good Manufacturing Practice (GMP) certified company, recognized for its strong Quality Management System. With two manufacturing facilities located in Village Mangarh and Village Koom Khurd, Punjab, the company produces various products, including acrylic cloth, blended yarn, nylon, polyester yarns, and acrylic yarn. As of September 2024, the company has a total of 37 employees on its payroll.
Promoters of Paramount Dye Tec – Mr. Kunal Arora, and Ms. Palki Arora
Table of Contents
Paramount Dye Tec IPO Details
| Paramount Dye Tec IPO Dates | 30 Sep – 3 Oct 2024 |
| Paramount Dye Tec Issue Price | INR 111 – 117 per share |
| Fresh issue | 24,30,000 shares (INR 26.97 – 28.43 crore) |
| Offer For Sale | NIL |
| Total IPO size | 24,30,000 shares (INR 26.97 – 28.43 crore) |
| Minimum bid (lot size) | 1,200 shares (INR 1,40,400) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | NSE Emerge |
Paramount Dye Tec Financial Performance
|  | FY 2021* | FY 2022* | FY 2023* | 1 Apr 2023 – 3 Jan 2024* | 4 Jan – 31 Mar 2024 |
| Revenue | 16.91 | 23.63 | 46.00 | 29.55 | 23.51 |
| Expenses | 16.66 | 23.50 | 40.79 | 25.28 | 18.95 |
| Net income | 0.16 | 0.16 | 3.16 | 2.79 | 3.54 |
*M/S. Paramount Dye Tec (Partnership Firm)
Paramount Dye Tec Offer News
- Paramount Dye Tec RHP
- Paramount Dye Tec Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2024
Paramount Dye Tec Valuations & Margins
| 4 Jan – 31 Mar 2024 | |
| EPS | 7.86 |
| PE ratio | 14.12 – 14.89 |
| RONW (%) | 11.68 |
| NAV | 67.31 |
| ROCE (%) | 16.53 |
| EBITDA (%) | 21.88 |
| Debt/Equity | 0.54 |
Paramount Dye Tec IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 7 October 2024 | 5 | – | 4,800 |
| 5 October 2024 | 5 | – | 4,800 |
| 4 October 2024 | 5 | – | 4,800 |
Paramount Dye Tec IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Shares Offered | 4,60,800 | 3,46,800 | 8,08,800 | 16,16,400 |
| 3 Oct 2024 | 10.22 | 135.66 | 36.26 | 50.16 |
| 1 Oct 2024 | 0.00 | 0.79 | 2.73 | 1.54 |
| 30 Sep 2024 | 0.00 | 0.13 | 0.73 | 0.39 |
The market maker reservation portion of 1,22,400 equity shares and anchor allocation of 6,91,200 shares are not included in the above calculations.
Paramount Dye Tec IPO Allotment Status
Paramount Dye Tec IPO allotment status is now available on Bigshare Services’ website. Click on this link to get allotment status.
Paramount Dye Tec IPO Dates & Listing Performance
| IPO Opening Date | 30 September 2024 |
| IPO Closing Date | 3 October 2024 |
| Finalization of Basis of Allotment | 4 October 2024 |
| Initiation of refunds | 7 October 2024 |
| Transfer of shares to demat accounts | 7 October 2024 |
| IPO Listing Date | 8 October 2024 |
| Opening Price on NSE SME | INR 109.90 per share (down 6.07%) |
| Closing Price on NSE SME | INR 107.05 per share (down 8.50%) |
Paramount Dye Tec Offer Lead Manager
GRETEX CORPORATE SERVICES LIMITED
A- 401, Floor 4th, Plot FP-616, (PT), Naman Midtown,
Senapati Bapat Marg, Near Indiabulls, Dadar (W),
Delisle Road, Mumbai – 400013, Maharashtra, India
Phone: +91 96532 49863
Email:Â [email protected]
Website:Â www.gretexcorporate.com
Paramount Dye Tec 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
Paramount Dye Tec Issue Contact Details
PARAMOUNT DYE TEC LIMITED
Village Mangarh, Machiwara Road,
Kohara, Ludhiana – 141112, Punjab, India
Phone: +91 9056855519
E-mail: [email protected]
Website: www.paramountdyetec.com
IPO FAQs
What is Paramount Dye Tec offer size?
Paramount Dye Tec offer size is INR 26.97 – 28.43 crores.
What is Paramount Dye Tec offer price band?
Paramount Dye Tec public offer price is INR 111 – 117 per share.
What is the lot size of Paramount Dye Tec IPO?
Paramount Dye Tec offer lot size is 1,200 shares.
What is Paramount Dye Tec IPO GMP today?
Paramount Dye Tec IPO GMP today is INR 5 per share.
What is Paramount Dye Tec kostak rate today?
Paramount Dye Tec kostak rate today is INR NA per application.
What is Paramount Dye Tec IPO Subject to Sauda rate today?
Paramount Dye Tec Subject to Sauda rate today is INR 4,800 per application.
