Paramatrix Technologies Limited

Company Profile
Company Name Paramatrix Technologies Limited
Open Date 27-08-2024
Close Date 30-08-2024
Exchange NSE SME
Lot Size 1200 Shares
Issue Price ₹110 per share
Issue Size 30,76,800 shares
Application Amount ₹1,32,000
Recommendation Avoid
Paramatrix Technologies Limited was originally formed and incorporated on March 08, 2004. The registered office is located at Navi Mumbai, Maharashtra. The Company is an IT Software Services Company, focusing on making software applications and technology solutions for large enterprises and midsize businesses. The company had 209 permanent employees as of July 31, 2024.
(Read more on the review)

Financial Summary in Lakhs

KPI’s FY 22 FY 23 FY 24
Revenue 2,732.71 2,836.48 2,799.48
EBITDA 872.41 477.68 504.58
Net Profit 678.94 707.56 413.17
RoCE 30.74% 13.53% 14.83%
ROE 27.55% 23.61% 13.63%
P/E 14.18 13.60 23.31

Tentative Timeline

Opening Date 27-08-2024
Closing Date 30-08-2024
Basis of Allotment 02-09-2024
Initiation of Refunds 03-09-2024
Credit of Shares to Demat 03-09-2024
Listing Date 04-09-2024

Objects of the Issue

Capital Expenditure for building the infrastructure.
Investment in their suite of accelerators to enhance service offerings.
Geographical expansion in Middle East and East Asia.
General Corporate Purposes.

Contact Information

Registered Office Paramatrix Technologies Limited E-102, 1st Floor, Sanpada Railway Station Complex, Sanpada, Navi Mumbai - 400705
Phone +91 22 4151 8700
Email cs@paramatrix.com
Website https://www.paramatrix.com/

Registrar Details

Name Bigshare Services Pvt Ltd
Phone +91-22-6263 8200
Email ipo@bigshareonline.com
Website https://ipo.bigshareonline.com/ipo_status.html

IPO Reservation

Anchor Investor Shares Offered -
Market Maker Shares Offered 1,56,000 (5.07%)
Other Shares Offered 14,60,400 (47.46%)
Retail Shares Offered 14,60,400 (47.46%)

Shareholding Pattern

Share Holding Pre Issue (Promoters) 75.46%
Share Holding Post Issue (Promoters) 57.37%

Contact Us to Enable Your Success!