Paramatrix Technologies IPO vs Travels & Rentals IPO

Comparision between Paramatrix Technologies IPO and Travels & Rentals IPO.

IPO Details

Paramatrix Technologies IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Travels & Rentals IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	Paramatrix Technologies IPO	Travels & Rentals IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	NSE SME	BSE SME
Lead Managers	Inventure Merchant Banker Services Pvt Ltd	Finshore Management Services Limited
Registrar	Bigshare Services Pvt Ltd	Cameo Corporate Services Limited
Market Maker	Svcm Securities Private Limited	Black Fox Financial Private Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Paramatrix Technologies IPO is up to ₹33.84 Cr whereas the issue size of the Travels & Rentals IPO is up to ₹12.24 Cr. The final issue price of Paramatrix Technologies IPO is ₹110.00 per share and of Travels & Rentals IPO is ₹40.00 per share.

	Paramatrix Technologies IPO	Travels & Rentals IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹110.00 per share	₹40.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1200 shares	3000 shares
Fresh Issue Size	27,58,800 shares	30,60,000 shares
Fresh Issue Size (Amount)	up to ₹30.35 Cr	up to ₹12.24 Cr
OFS Issue Size	3,18,000 shares
OFS Issue Size (Amount)	up to ₹3.50 Cr
Issue Size Total	30,76,800 shares	30,60,000 shares
Issue Size Total (Amount)	up to ₹33.84 Cr	up to ₹12.24 Cr

IPO Timetable

Paramatrix Technologies IPO opens on Aug 27, 2024, while Travels & Rentals IPO opens on Aug 29, 2024. The closing date of Paramatrix Technologies IPO and Travels & Rentals IPO is Aug 30, 2024, and Sep 02, 2024, respectively.

	Paramatrix Technologies IPO	Travels & Rentals IPO
Anchor Bid Date
Issue Open	Aug 27, 2024	Aug 29, 2024
Issue Close	Aug 30, 2024	Sep 02, 2024
Basis Of Allotment (Tentative)	Sep 02, 2024	Sep 03, 2024
Initiation of Refunds (Tentative)	Sep 03, 2024	Sep 04, 2024
Credit of Share (Tentative)	Sep 03, 2024	Sep 04, 2024
Listing date (Tentative)	Sep 04, 2024	Sep 05, 2024
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials

Paramatrix Technologies IPO P/E ratio is 23.3, as compared to Travels & Rentals IPO P/E ratio of 10.98.

Paramatrix Technologies IPO

Travels & Rentals IPO

Financial

Paramatrix Technologies Limited Financial Information (Restated Consolidated)

Paramatrix Technologies Limited's revenue decreased by -14% and profit after tax (PAT) dropped by -42% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	3,354.2	3,438.71	3,062.57
Revenue	2,859.93	3,332.44	2,824.66
Profit After Tax	413.17	707.56	678.94
Net Worth	3,030.25	2,996.5	2,464.27
Reserves and Surplus	2,155.25	2,961.55	2,429.27
Amount in ₹ Lakhs

Travels & Rentals Limited Financial Information (Restated)

Travels & Rentals Limited's revenue increased by 39% and profit after tax (PAT) rose by 97% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	2,469.85	1,647.11	1,334.29
Revenue	803.54	579.06	290.59
Profit After Tax	296.55	150.64	69.01
Net Worth	1,478.48	741.52	490.88
Reserves and Surplus	664.21	540.33	314.69
Total Borrowing	470.94	560.97	755.41
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

75.46%

86.48%

Promoter Shareholding (Post-Issue)

54.77%

62.86%

P/E Ratio

23.3

10.98

Market Cap

₹126.60 Cr.

₹44.81 Cr.

ROE

13.63%%

26.72%%

ROCE

17.29%%

27.54%%

Debt/Equity

0.32

EPS

₹4.72

₹3.64

RoNW

13.69%%

20.06%%

Shares Offered

In the Paramatrix Technologies IPO retail investors (RII) are offered 14,60,400 shares while in Travels & Rentals IPO retail investors are offered 14,60,400 shares. Qualified institutional buyers (QIB) are offered 0 shares in Paramatrix Technologies IPO and 0 shares in Travels & Rentals IPO.

	Paramatrix Technologies IPO	Travels & Rentals IPO
Anchor Investor Reserveration
Market Maker Reserveration	1,56,000 shares	1,53,000 shares
QIB	0 shares	0 shares
NII	14,60,400 shares	14,53,500 shares
RII	14,60,400 shares	14,53,500 shares
Employee	0 shares	0 shares
Others
Total	29,20,800 shares	29,07,000 shares

Bids Received (Subscription)

Paramatrix Technologies IPO subscribed 9.21x in total, whereas Travels & Rentals IPO subscribed 608.46x.

	Paramatrix Technologies IPO	Travels & Rentals IPO
QIB (times)
NII (times)	6.23x	754.64x
Big NII (times)
Small NII (times)
RII (times)	11.86x	429.90x
Employee (times)
Other (times)
Total (times)	9.21x	608.46x

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