Paramatrix Technologies IPO Details
| IPO Size | 33.84 |
| Price Range | ₹110 |
| Retail Quota | 50% |
| QIB Quota | -- |
| NII Quota | 50% |
| Employee Discount | -- |
| Listing at | NSE |
| Minimum Quantity | 1200 |
| Investment (cut-off price) | ₹132,000 |
| Pre IPO Promotor Holding | 75.46% |
| Post IPO Promotor Holding | 54.77% |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
Paramatrix Technologies IPO Timelines
27/08/2024
Start Date30/08/2024
End Date03/09/2024
Refund Initiation03/09/2024
Credit of Shares to Demat Ac04/09/2024
Listing DateParamatrix Technologies IPO Lot Size
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 1200 | ₹132,000 |
| Retail Maximum | 1 | 1200 | ₹132,000 |
| S-HNI Minimum | 2 | 2400 | ₹264,000 |
Paramatrix Technologies IPO Subscription Status
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| -- | 6.23 x | 11.86 x | --- | 9.21 x |
IPO Performance on Listing Day
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹115.05 | ₹120.80 | ₹120.80 | ₹115.05 |
Paramatrix Technologies IPO Company Financials
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2021 | ₹25.73 | ₹18.72 | ₹4.71 |
| FY 2022 | ₹28.25 | ₹18.60 | ₹6.79 |
| FY 2023 | ₹33.32 | ₹23.59 | ₹7.08 |
| FY 2024 | ₹28.60 | ₹22.95 | ₹4.13 |
About Company
Founded in 2004 and headquartered in Mumbai, Paramatrix Technologies Limited is a distinguished IT software services company. ISO 9001:2015 and ISO 27001:2013 certified, Paramatrix specialises in creating software applications and technology solutions tailored to the unique needs of large enterprises and mid-sized businesses.
The company has a strong track record of serving clients across various sectors, including BFSI, retail, manufacturing, sports, pharmaceuticals, and logistics. Paramatrix’s expertise lies in understanding the specific business processes, cultures, and requirements of its clients, allowing it to deliver solutions that enhance operational efficiency and drive value.
Paramatrix’s offerings are divided into two main categories: Digital Transformation Services and Managed Services. Digital Transformation Services include Application Development and Maintenance (ADM), Solution Architecture and Design, Enterprise Data Management & Analytics, and several specialised accelerators like INSIGHT for analytics and reporting, PERFORM for employee performance management, and PACE for centralised control.
Managed Services cover a range of offerings, such as Application Managed Services, Cyber Security Services, and Cloud and Data Support Services. These services are designed to ensure that clients can rely on Paramatrix for efficient, secure, and effective management of their IT needs.
Trusted by leading brands globally, Paramatrix has established itself as a reliable partner in digital transformation and IT services, offering innovative and cost-effective solutions.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2004 | IT (Information Technology) | Mukesh Thumar |
Know Before Investing
Paramatrix Technologies IPO Strengths
- Paramatrix Technologies’ client-centric approach excels at understanding and catering to clients’ unique needs, ensuring customised solutions that drive repeat business.
- Paramatrix Limited prioritises maintaining a reasonable turnaround time, ensuring reliable and prompt service delivery for its clients.
- The company holds ISO 9001:2015 and ISO 27001:2013 certifications, reflecting its commitment to high-quality standards and secure client information.
- Paramatrix Technologies is trusted by leading global brands, with a strong track record of delivering high-quality solutions that retain top customers.
- The company leverages its PACE and INSIGHT accelerators to develop digital applications and data-related projects, significantly boosting efficiency and reducing time to market.
Paramatrix Technologies IPO Risks
- Ongoing legal proceedings against Paramatrix Technologies Limited could result in liabilities, potentially harming the company’s financial stability.
- Delays in setting up the Navi Mumbai development center may hinder Paramatrix Limited’s growth plans and future business prospects.
- Failure to successfully expand operations into the Middle East and East Asia could limit the company’s growth potential and financial performance.
- High working capital requirements could strain the company’s financial health, particularly if trade receivables are delayed.
- Product development is expensive and time-consuming, posing a risk to Paramatrix Technologies. Uncertain outcomes may affect profitability.
Swot Analysis for Paramatrix Technologies IPO
Strengths
Weaknesses
Opportunities
Threats
Company Details
Paramatrix Technologies Limited
E-102, 1st Floor,
Sanpada Railway Station Complex,
Sanpada, Navi Mumbai – 400705
Phone: +91 22 4151 8700
Email: [email protected]
Website: https://www.paramatrix.com/
IPO Registar Details
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: https://ipo.bigshareonline.com/ipo_status.html
FAQs
The key objectives of Paramatrix Technologies IPO are:
- The company aims to allocate ₹939.72 lakh for capital expenditure to strengthen its infrastructure.
- With ₹652.80 lakh earmarked for investment in accelerators, the company intends to improve its service offerings.
- The company plans to invest ₹614.91 lakh to expand its operations in the Middle East and East Asia, seeking to explore new markets and growth opportunities.
- The remaining sum of ₹717.25 lakh will be allocated for general corporate purposes.
Inventure Merchant Banker Services Pvt Ltd is the book-running lead managers for the Paramatrix Technologies IPO.