Zerodha (Trading & Demat Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Zerodha (Trading & Demat Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
|
|
Paramount Dye Tec IPO is a book built issue of Rs 28.43 crores. The issue is entirely a fresh issue of 24.3 lakh shares.
Paramount Dye Tec IPO opens for subscription on September 30, 2024 and closes on October 3, 2024. The allotment for the Paramount Dye Tec IPO is expected to be finalized on Friday, October 4, 2024. Paramount Dye Tec IPO will list on NSE SME with tentative listing date fixed as Tuesday, October 8, 2024.
Paramount Dye Tec IPO price band is set at ₹111 to ₹117 per share. The minimum lot size for an application is 1200 Shares. The minimum amount of investment required by retail investors is ₹140,400. The minimum lot size investment for HNI is 2 lots (2,400 shares) amounting to ₹280,800.
Gretex Corporate Services Limited is the book running lead manager of the Paramount Dye Tec IPO, while Bigshare Services Pvt Ltd is the registrar for the issue. The market maker for Paramount Dye Tec IPO is Gretex Share Broking.
Refer to Paramount Dye Tec IPO RHP for detailed information.
| IPO Date | September 30, 2024 to October 3, 2024 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | ₹111 to ₹117 per share |
| Lot Size | 1200 Shares |
| Total Issue Size | 2,430,000 shares (aggregating up to ₹28.43 Cr) |
| Fresh Issue | 2,430,000 shares (aggregating up to ₹28.43 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 4,512,651 |
| Share holding post issue | 6,942,651 |
| Market Maker portion | 122,400 shares Gretex Share Broking |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50.00% of the Net Issue |
| Retail Shares Offered | Not less than 35.00% of the Net Issue |
| NII (HNI) Shares Offered | Not less than 15.00% of the Net Issue |
Paramount Dye Tec IPO opens on September 30, 2024, and closes on October 3, 2024.
| IPO Open Date | Monday, September 30, 2024 |
| IPO Close Date | Thursday, October 3, 2024 |
| Basis of Allotment | Friday, October 4, 2024 |
| Initiation of Refunds | Monday, October 7, 2024 |
| Credit of Shares to Demat | Monday, October 7, 2024 |
| Listing Date | Tuesday, October 8, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on October 3, 2024 |
Investors can bid for a minimum of 1200 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1200 | ₹140,400 |
| Retail (Max) | 1 | 1200 | ₹140,400 |
| HNI (Min) | 2 | 2,400 | ₹280,800 |
| Lot Size Calculator | |||
The promoters of the Company being Mr. Kunal Arora and Ms. Palki Arora.
| Share Holding Pre Issue | 99.97% |
| Share Holding Post Issue | 64.97% |
Founded in January 2014, Paramount Dye Tec Limited produces yarns by recycling waste synthetic fiber, catering to the B2B segment of the textile industry.
The company offers a range of products, including synthetic fiber and yarns such as acrylic, polyester, nylon, wool, hand-knitting, and acrylic blend yarns, known for their quality, durability, and lasting excellence.
The company has two manufacturing facilities situated in Village Mangarh and Village Koom Khurd, Punjab.
The company is ISO 9001:2015 and is a Good Manufacturing Practice (GMP) certified organization for a robust Quality Management System.
The company deals in acrylic cloth as well as other products such as blended yarn, nylon, polyester yarns, and acrylic yarn.
Competitive Strength
| Period Ended | 31 Mar 2024 | 31 Jan 2024 | ||||||||||||||||||
| Assets | 5,549.65 | 3,490.07 | ||||||||||||||||||
| Revenue | 2,367.9 | 2,955.91 | ||||||||||||||||||
| Profit After Tax | 354.09 | 278.65 | ||||||||||||||||||
| Net Worth | 3,032.06 | 1 | ||||||||||||||||||
| Reserves and Surplus | 3,029.81 | |||||||||||||||||||
| Total Borrowing | 1,627.37 | 2,247.76 | ||||||||||||||||||
| Amount in ₹ Lakhs | ||||||||||||||||||||
The market capitalization of Paramount Dye Tec IPO is Rs 81.23 Cr.
KPI as of March 31, 2024.
| KPI | Values |
|---|---|
| ROE | 11.68% |
| ROCE | 16.53% |
| Debt/Equity | 0.54 |
| RoNW | 11.68% |
| PAT Margin (%) | 15.06 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 7.85 | 5.1 |
| P/E (x) | 14.91 | 22.94 |
The Company intends to utilize the Net Fresh Issue Proceeds for the following Objects (“Objects of the Issue”):
| Partnership Firm | Partnership Firm | Partnership Firm | |
| Period Ended | 31 March 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 1,829.84 | 1,458.4 | 941.64 |
| Revenue | 4,600.23 | 2,367.31 | 1,690.5 |
| Profit After Tax | 316.14 | 15.94 | 15.94 |
| Net Worth | 553.77 | 258.78 | 237.48 |
| Reserves and Surplus | |||
| Total Borrowing | 969.18 | 898.17 | 551.5 |
Paramount Dye Tec Limited
Village Mangarh
Machiwara Road
Kohara, Ludhiana - 141112
Phone: +91 9056855519
Email: info@paramountdyetec.com
Website: https://www.paramountdyetec.com/
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
SME Company Owners
We could help you get listed on the stock market.
Check our SME IPO Guide 
Paramount Dye Tec IPO is a SME IPO of 2,430,000 equity shares of the face value of ₹10 aggregating up to ₹28.43 Crores. The issue is priced at ₹111 to ₹117 per share. The minimum order quantity is 1200 Shares.
The IPO opens on September 30, 2024, and closes on October 3, 2024.
Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Paramount Dye Tec IPO using UPI as a payment gateway. Zerodha customers can apply in Paramount Dye Tec IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Paramount Dye Tec IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Paramount Dye Tec IPO opens on September 30, 2024 and closes on October 3, 2024.
Paramount Dye Tec IPO lot size is 1200 Shares, and the minimum amount required is ₹140,400.
You can apply in Paramount Dye Tec IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Paramount Dye Tec IPO will be done on Friday, October 4, 2024, and the allotted shares will be credited to your demat account by Monday, October 7, 2024. Check the Paramount Dye Tec IPO allotment status.
Useful Articles
FREE Intraday Trading (Eq, F&O)
Flat ₹20 Per Trade in F&O
|
|
RHP
