Paramatrix Technologies Limited
Fixed Price IPO · NSE
- Price band
- ₹110 - ₹110
- Lot size
- 1,200 shares
- Issue amount
- ₹33.84 cr
- Total subscription
- 9.1×
- Opens
- 27 Aug 2024
- Closes
- 30 Aug 2024
- Allotment
- 2 Sept 2024
- Listing
- 4 Sept 2024
Offer at a glance
Issue overview
- Issue size
- 30,76,800 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,32,000
- Fresh issue
- ₹28.63 cr
- Offer for sale
- ₹3.5 cr
- Registrar
- Bigshare Services Private Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,32,000
- Issue type
- Fixed Price IPO
- Shares before issue
- 87,50,000
- Shares after issue
- 1,15,08,800
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 1,200 | ₹1,32,000 |
| HNI | 2 | 2,400 | ₹2,64,000 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 0 | 101.82 |
| RETAIL | 16.06 | 0 |
| NIB | 16.06 | 190.5 |
Financial performance
Company financials
In Lakhs · Reported periods may include interim results.
Key performance indicators
| Metric | Mar-24 | Mar-22 | Mar-21 |
|---|---|---|---|
| EPS | 4.72 | 8.09 | 7.76 |
| ROE | 13.63 | 23.61 | 27.55 |
| ROCE | 17.29 | 30.51 | 35.87 |
| RONW | 13.69 | 27.55 | 22.79 |
| PRE IPO(PE) | 23.3 | 0 | 0 |
| POST IPO(PE) | 30.64 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Paramatrix Technologies Limited, established in 2004, provides software solutions and technology services to large and mid-sized businesses. They help companies with digital transformation through services like app development, data management, and cloud security. Their in-house tools include INSIGHT for data analytics, PERFORM for employee performance tracking, and BULWARK for cloud security. Paramatrix also offers managed services like app maintenance, cybersecurity, and cloud support. With 182 employees as of March 31, 2024, they serve clients across industries like banking, retail, manufacturing, and more.
Strengths
- Client-Centric Approach: Paramatrix Technologies listens closely to client needs and tailors solutions to match their requirements, ensuring high satisfaction and long-term relationships in a competitive market.
- Collaborative Partnerships: The company works hand-in-hand with clients and global partners, combining expertise to deliver cost-effective, end-to-end solutions.
- Efficient Delivery: With strong project management and clear communication, Paramatrix consistently delivers services on time, building trust through reliability and responsiveness.
Risk factors
- Legal Risks: Ongoing legal cases involving the company, its promoters, or directors could result in heavy penalties or liabilities, affecting the company's financial health and business operations.
- Growth Strategy Challenges: If the company cannot successfully carry out its growth plans, it may struggle to expand, affecting its financial performance and future profits.
- Contractual Dependencies: The company's business depends on customer contracts, and any breach of these agreements could negatively impact its operations and financial results.
Promoters
Mukesh Keshubhai Thumar
Bhavna Mukesh Keshubhai Thumar
Registrar & documents
Lead manager
Inventure Merchant Banker Services Private Limited
Registrar & contacts
Bigshare Services Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
E-102, 1st Floor, Sanpada Railway Station Complex, Sanpada, Navi Mumbai - 400705
+91 22 4151 8700
[email protected]Company website ↗Understanding PARAMATRIX IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.