Paramatrix Technologies IPO
Live Updates, GMP, Subscription Data, and Financial Details
IPO Overview
Listed
Dates
Aug 27 to Aug 30 2024
Price Band
₹110
Current GMP
₹115.05(4.59%)
Subscription
9.21 times
IPO Details
| IPO Date | August 27, 2024 to August 30, 2024 |
| Listing Date | Wednesday, September 4, 2024 |
| Face Value | ₹10 per share |
| Price | ₹110 per share |
| Lot Size | 1200 Shares |
| Total Issue Size | 3,076,800 shares (aggregating up to ₹33.84 Cr) |
| Fresh Issue | 2,758,800 shares (aggregating up to ₹30.35 Cr) |
| Offer for Sale | 318,000 shares of ₹10 (aggregating up to ₹3.50 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 8,750,000 |
| Share holding post issue | 11,508,800 |
| Market Maker portion | 156,000 shares Svcm Securities |
IPO Date
August 27, 2024 to August 30, 2024
Listing Date
Wednesday, September 4, 2024
Face Value
₹10 per share
Price
₹110 per share
Lot Size
1200 Shares
Total Issue Size
3,076,800 shares (aggregating up to ₹33.84 Cr)
Fresh Issue
2,758,800 shares (aggregating up to ₹30.35 Cr)
Offer for Sale
318,000 shares of ₹10 (aggregating up to ₹3.50 Cr)
Issue Type
Fixed Price Issue IPO
Listing At
NSE SME
Share holding pre issue
8,750,000
Share holding post issue
11,508,800
Market Maker portion
156,000 shares Svcm Securities
IPO Subscription Details
| Market Maker | 1 |
| Non-Institutional Buyers*** | 6.23 |
| Retail Investors | 11.86 |
| Total ** | 9.21 |
Market Maker
1
Non-Institutional Buyers***
6.23
Retail Investors
11.86
Total **
9.21
Day Wise Sub
| Day | NII* | Retail | Total |
|---|---|---|---|
| Day 1 Aug 27, 2024 | 0.42 | 1.49 | 0.96 |
| Day 2 Aug 28, 2024 | 1.04 | 3.71 | 2.38 |
| Day 3 Aug 29, 2024 | 1.64 | 6.12 | 3.88 |
| Day 4 Aug 30, 2024 | 6.23 | 11.86 | 9.21 |
DayDay 1
Aug 27, 2024
NII*0.42
Retail1.49
Total0.96
DayDay 2
Aug 28, 2024
NII*1.04
Retail3.71
Total2.38
DayDay 3
Aug 29, 2024
NII*1.64
Retail6.12
Total3.88
DayDay 4
Aug 30, 2024
NII*6.23
Retail11.86
Total9.21
Day Wise GMP
| Date | Price | GMP | Estimate List Price |
|---|---|---|---|
| 04-09-2024 | 110.00 | 0(0.0%) | 110 |
| 03-09-2024 | 110.00 | 0(0.0%) | 110 |
| 02-09-2024 | 110.00 | 0(0.0%) | 110 |
| 01-09-2024 | 110.00 | 0(0.0%) | 110 |
| 31-08-2024 | 110.00 | 0(0.0%) | 110 |
| 30-08-2024 | 110.00 | 0(0.0%) | 110 |
| 29-08-2024 | 110.00 | 0(0.0%) | 110 |
| 28-08-2024 | 110.00 | 0(0.0%) | 110 |
| 27-08-2024 | 110.00 | 0(0.0%) | 110 |
| 26-08-2024 | 110.00 | 0(0.0%) | 110 |
| 25-08-2024 | 110.00 | 0(0.0%) | 110 |
| 24-08-2024 | 110.00 | 0(0.0%) | 110 |
| 23-08-2024 | 110.00 | 0(0.0%) | 110 |
| 22-08-2024 | 110.00 | 0(0.0%) | 110 |
Date04-09-2024
Price110.00
GMP0(0.0%)
Estimate List Price110
Date03-09-2024
Price110.00
GMP0(0.0%)
Estimate List Price110
Date02-09-2024
Price110.00
GMP0(0.0%)
Estimate List Price110
Date01-09-2024
Price110.00
GMP0(0.0%)
Estimate List Price110
Date31-08-2024
Price110.00
GMP0(0.0%)
Estimate List Price110
Date30-08-2024
Price110.00
GMP0(0.0%)
Estimate List Price110
Date29-08-2024
Price110.00
GMP0(0.0%)
Estimate List Price110
Date28-08-2024
Price110.00
GMP0(0.0%)
Estimate List Price110
Date27-08-2024
Price110.00
GMP0(0.0%)
Estimate List Price110
Date26-08-2024
Price110.00
GMP0(0.0%)
Estimate List Price110
Date25-08-2024
Price110.00
GMP0(0.0%)
Estimate List Price110
Date24-08-2024
Price110.00
GMP0(0.0%)
Estimate List Price110
Date23-08-2024
Price110.00
GMP0(0.0%)
Estimate List Price110
Date22-08-2024
Price110.00
GMP0(0.0%)
Estimate List Price110
IPO Important Dates
| IPO Open Date | Tuesday, August 27, 2024 |
| IPO Close Date | Friday, August 30, 2024 |
| Basis of Allotment | Monday, September 2, 2024 |
| Initiation of Refunds | Tuesday, September 3, 2024 |
| Credit of Shares to Demat | Tuesday, September 3, 2024 |
| Listing Date | Wednesday, September 4, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on August 30, 2024 |
IPO Open Date
Tuesday, August 27, 2024
IPO Close Date
Friday, August 30, 2024
Basis of Allotment
Monday, September 2, 2024
Initiation of Refunds
Tuesday, September 3, 2024
Credit of Shares to Demat
Tuesday, September 3, 2024
Listing Date
Wednesday, September 4, 2024
Cut-off time for UPI mandate confirmation
5 PM on August 30, 2024
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1200 | ₹132,000 |
| Retail (Max) | 1 | 1200 | ₹132,000 |
| HNI (Min) | 2 | 2,400 | ₹264,000 |
ApplicationRetail (Min)
Lots1
Shares1200
Amount₹132,000
ApplicationRetail (Max)
Lots1
Shares1200
Amount₹132,000
ApplicationHNI (Min)
Lots2
Shares2,400
Amount₹264,000
Key Performance Indicator
| ROE | 13.63% |
| ROCE | 17.29% |
| RoNW | 13.69% |
| PAT Margin (%) | 11 |
| EPS (Rs) | 4.72 |
ROE
13.63%
ROCE
17.29%
RoNW
13.69%
PAT Margin (%)
11
EPS (Rs)
4.72
IPO Reservation
| Anchor Investor Shares Offered | - |
| Market Maker Shares Offered | 1,56,000 (5.07%) |
| Other Shares Offered | 14,60,400 (47.46%) |
| Retail Shares Offered | 14,60,400 (47.46%) |
| Total Shares Offered | 30,76,800 (100%) |
Anchor Investor Shares Offered
-
Market Maker Shares Offered
1,56,000 (5.07%)
Other Shares Offered
14,60,400 (47.46%)
Retail Shares Offered
14,60,400 (47.46%)
Total Shares Offered
30,76,800 (100%)
Information about company
Paramatrix Technologies Limited was founded in 2004 and offers 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: Application Development and Maintenance (ADM), Solution Architecture and Design, Enterprise Data Management & Data Analytics, INSIGHT (Accelerator for Analytics, MIS & Reporting), PERFORM (Accelerator for Employee Performance Management), EPPM (Enterprise Framework to manage Allocation and Scheduling of Work), PACE (Middleware Framework for Centralized Control), ITCS (Accelerator for managing Employees Share Trading Compliance), DROANA (Virtual Classroom Platform), EVENTJET (Event log monitoring & Management Solution), BULWARK (Cloud Security Posture Assessment), and PLAYMITY (SaaS-based Gamification Platform).
Managed services: Application Managed Services, Cyber Security Services, and Cloud & Data Support Services.
The company's client list includes the BFSI sector, retail, manufacturing, sports, pharma and logistics.
As of March 31, 2024, the company had 182 employees.
Objectives of IPO
The Company proposes to utilize the Net Proceeds from the Fresh Issue towards funding the following objects:
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
Disclaimer
All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions.
We are not a SEBI Registered analyst. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on Information published on this application.
No financial information whatsoever published anywhere, within this application, should be considered as advice to buy or sell securities or invest in IPOs, or as a guide to doing so in any way whatsoever
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