Paramount Dye Tec IPO Details
| IPO Size | ₹28.43 Cr |
| Price Range | ₹111 - ₹117 |
| Retail Quota | 35% |
| QIB Quota | 50% |
| NII Quota | 15% |
| Employee Discount | -- |
| Listing at | NSE |
| Minimum Quantity | 1200 |
| Investment (cut-off price) | ₹140,400 |
| Pre IPO Promotor Holding | 99.97% |
| Post IPO Promotor Holding | 64.97% |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
Paramount Dye Tec IPO Timelines
30/09/2024
Start Date03/10/2024
End Date07/10/2024
Refund Initiation07/10/2024
Credit of Shares to Demat Ac08/10/2024
Listing DateParamount Dye Tec IPO Lot Size
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 1200 | ₹140,400 |
| Retail Maximum | 1 | 1200 | ₹140,400 |
| HNI Minimum | 2 | 2400 | ₹280,800 |
Paramount Dye Tec IPO Subscription Status
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| 10.22x | 135.66x | 36.26x | -- | 50.16 |
IPO Performance on Listing Day
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹109.90 | ₹107.05 | ₹109.9 | ₹104.4 |
Paramount Dye Tec IPO Company Financials
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2024 (11 M) | ₹29.56 | ₹25.28 | ₹2.79 |
| FY 2024 | ₹23.68 | ₹18.95 | ₹3.54 |
About Company
Paramount Dye Tec Limited (PDTL) began as a partnership firm, Paramount Dye Tec, on January 1, 2014, and later transitioned into a public limited company on January 4, 2024. The company operates in Ludhiana, Punjab, focusing on waste recycling for fiber and yarn manufacturing, catering to the B2B segment of the textile industry. PDTL produces synthetic fibers and yarns, including acrylic, polyester, wool, hand-knitting, and acrylic blend yarns, ensuring high quality and durability.
India’s textile industry, one of the oldest sectors, has a strong production base offering both natural and synthetic fibers. PDTL holds ISO 9001:2015 and Good Manufacturing Practice (GMP) certifications, ensuring compliance with industry standards and commitment to quality in manufacturing.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2024 | Textile | Kunal Arora |
Know Before Investing
Paramount Dye Tec IPO Strengths
- Utilizes recycled synthetic waste as raw materials.
- Offers margin benefits for enhanced profitability.
- Provides custom solutions to meet diverse client needs.
- Adds value through increased spinning capacity.
- Delivers cost-effective products to maintain competitive pricing.
Paramount Dye Tec IPO Risks
- Operations are subject to strict environmental, health, and safety regulations, potentially increasing costs or exposing to liabilities.
- Majority of revenue depends on fiber and yarn manufacturing; any decline in sales could negatively impact operations and profitability.
- Business heavily relies on the manufacturing facility; any shutdown could adversely affect business performance.
- Reliance on manpower; strikes or work stoppages may disrupt cash flow and operational results.
Swot Analysis for Paramount Dye Tec IPO
Strengths
Weaknesses
Opportunities
Threats
Company Details
Paramount Dye Tec Limited
Village Mangarh
Machiwara Road
Kohara, Ludhiana – 141112
Phone: +91 9056855519
Email: [email protected]
Website: https://www.paramountdyetec.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 Paramount Dye Tec IPO are:
- Setting up of Manufacturing Unit
- Repayment/Prepayment of Certain Debt Facilities availed by the Company
- Expenses towards Registration of Land purchased from Promoter
- General Corporate Purposes
Gretex Corporate Services Limited is the book-running lead managers for the Paramount Dye Tec IPO.