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PTPARAMATRIXListed

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×
Current price₹56
Listing price ₹115.05
Watch live price ↗
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

CategoryLotsSharesAmount
RETAIL11,200₹1,32,000
HNI22,400₹2,64,000

Share reservation

RETAIL47.5%
Other47.5%
Market Maker5%

Subscription & GMP

Subscription by category

Total subscribed9.1×

Missing multiples are calculated from bids and offered shares when available.

QIB0×
NIB11.86×
RETAIL0×

GMP history

00.5128 Feb: ₹020 Nov: ₹0
28 Feb₹020 Nov

Subscription demand

Amounts in ₹ crore. HNI subcategories are included in the NII total.

CategoryOfferedDemand
QIBs0101.82
RETAIL16.060
NIB16.06190.5

Financial performance

Company financials

In Lakhs · Reported periods may include interim results.

Revenue & profitIn Lakhs
01,0002,0003,0004,000Mar-22 · Revenue: 2,824.66Mar-22 · Profit after tax: 678.94Mar-22Mar-23 · Revenue: 3,332.44Mar-23 · Profit after tax: 707.56Mar-23Mar-24 · Revenue: 2,859.93Mar-24 · Profit after tax: 413.17Mar-24
RevenueProfit after tax

Key performance indicators

MetricMar-24Mar-22Mar-21
EPS4.728.097.76
ROE13.6323.6127.55
ROCE17.2930.5135.87
RONW13.6927.5522.79
PRE IPO(PE)23.300
POST IPO(PE)30.6400

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

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.