Paramount Dye Tec Limited

Company Profile
Company Name Paramount Dye Tec Limited
Open Date 30-09-2024
Close Date 03-10-2024
Exchange NSE SME
Lot Size 1,200 Shares
Issue Price ₹111 to ₹117 per share
Issue Size 24,30,000 shares
Application Amount ₹ 1,40,400 (1,200 shares)
Recommendation Avoid
Incorporation: Paramount Dye Tec Limited was originally incorporated in the year 2014. The registered office is located at Punjab, India. ▪ Operations: The company is engaged in the manufacturing and trading of synthetic fibre and yarn. ▪ Business Model: The company operates through B2B segment in the textile industry. ▪ Product Portfolio: The company offers a range of products including synthetic fibre and yarns which includes acrylic yarn, polyester yarn, nylon yarn, wool yarn, hand-knitting yarn, and etc. ▪ The company had 37 fulltime employees as of September 24, 2024.
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Financial Summary in Lakhs

For the Period Ended Mar-22 Mar-23 Mar-24
Revenue 2,363.32 4,600.08 5,305.87
EBITDA 115.76 610.45 1,035.19
Net Profit 15.95 316.14 632.74
RoCE 11.51% 69.86% 31.39%
ROE 6.16% 57.09% 20.87%
P/E - - 14.89

Tentative Timeline

Opening Date 30-09-2024
Closing Date 03-10-2024
Basis of Allotment 04-10-2024
Initiation of Refunds 07-10-2024
Credit of Shares to Demat 07-10-2024
Listing Date 08-10-2024

Objects of the Issue

Setting up of Manufacturing Unit
Repayment/Prepayment of Certain Debt Facilities availed by the Company.
Expenses towards Registration of Land purchased from Promoter.
General Corporate Expenses

Contact Information

Registered Office Paramount Dye Tec Limited Village Mangarh Machiwara Road Kohara, Ludhiana - 141112
Phone +91 9056855519
Email info@paramountdyetec.com
Website https://www.paramountdyetec.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

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

Shareholding Pattern

Shareholding Pre Issue (Promoters) 99.97%
Shareholding Post Issue (Promoters) 64.97%

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