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PDPARAMOUNTListed

Paramount Dye Tec Limited

Bookbuilding IPO · NSE

Price band
₹111 - ₹117
Lot size
1,200 shares
Issue amount
₹28.43 cr
Total subscription
50.16×
Current price₹37.95
Listing price ₹109.9
Watch live price ↗
Opens
30 Sept 2024
Closes
3 Oct 2024
Allotment
4 Oct 2024
Listing
8 Oct 2024

Offer at a glance

Issue overview

Issue size
24,30,000 shares
Face value
₹10 per share
Minimum investment
₹1,33,200
Fresh issue
₹28.43 cr
Offer for sale
₹0 cr
Registrar
Bigshare Services Private Limited
Listing exchange
NSE
Maximum investment
₹1,40,400
Issue type
Bookbuilding IPO
Shares before issue
45,12,651
Shares after issue
69,42,651

Lot sizes

CategoryLotsSharesAmount
RETAIL11,200₹1,40,400
HNI22,400₹2,80,800

Share reservation

QIB28.51%
HNI21.46%
RETAIL50.04%

Subscription & GMP

Subscription by category

Total subscribed50.16×

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

QIB10.22×
NIB135.66×
RETAIL36.26×

GMP history

02.5526 Feb: ₹51 Nov: ₹519 Nov: ₹528 Sept: ₹030 Sept: ₹0
26 Feb₹030 Sept

Subscription demand

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

CategoryOfferedDemand
QIBs5.3955.09
RETAIL9.46343.14

Financial performance

Company financials

in Lakhs · Reported periods may include interim results.

Revenue & profitin Lakhs
01,0002,0003,000Jan-24 · Revenue: 2,955.91Jan-24 · Profit after tax: 278.65Jan-24Mar-24 · Revenue: 2,367.9Mar-24 · Profit after tax: 354.09Mar-24
RevenueProfit after tax

Key performance indicators

MetricMar-24
EPS7.85
ROE11.68
ROCE16.53
RONW11.68
PRE IPO(PE)14.91
POST IPO(PE)22.94

Values and labels as reported in the issue data.

Company information

Company profile

Paramount Dye Tec Limited, founded in January 2014, is a B2B textile company that manufactures high-quality yarns by recycling waste synthetic fibers. The company offers a wide range of durable products such as acrylic, polyester, nylon, wool, hand-knitting, and acrylic blend yarns, and also trades in acrylic cloth and blended yarns. With two manufacturing units in Village Mangarh and Village Koom Khurd, Punjab, the company follows strict international quality standards and holds ISO 9001:2015 and GMP certifications to ensure consistent and reliable production.

Strengths

  • Eco-Friendly Materials: Uses recycled synthetic waste to support sustainable and environmentally friendly production.
  • Affordable & High-Quality: Turns waste into cost-effective, top-quality fiber and yarn, giving it a competitive edge.
  • Customized Solutions: Provides yarn tailored to meet the unique needs of customers.

Risk factors

  • Strict Regulations: The company operates in a highly regulated industry and must comply with environmental, health, and safety rules. This can lead to higher costs and potential liabilities.
  • Limited Business Focus: Since the company mainly deals with fiber and yarn manufacturing, any decline in product sales could significantly impact its revenue.
  • Dependence on Operations & Workforce: The company relies heavily on its manufacturing facilities and employees. Any disruptions, like factory shutdowns or labor issues, could affect its production and profitability.

Promoters

Mr. Kunal Arora

Ms. Palki Arora

Registrar & documents

Lead manager

Gretex Corporate Services Limited

Registered office

Village Mangarh, Machiwara Road, Kohara, Ludhiana - 141112

+91 9056855519

[email protected]Company website ↗

Understanding PARAMOUNT 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.