Paramatrix Technologies IPO open date is August 27, 2024 and the IPO will close on August 30, 2024. Paramatrix Technologies is a Fixed Price Issue. The company to raise around ₹33.84 crores via IPO that comprises fresh issue of ₹30.35 crores and offer for sale up to 318,000 equity shares with face value of ₹10 each.
Paramatrix Technologies IPO price band is ₹110 per share. The retail quota is 50%, QIB is 0%, and HNI is 50%. Paramatrix Technologies IPO to list on NSE on September 4, 2024. The allotment of Paramatrix Technologies IPO date is September 2, 2024.
The company reported revenue of ₹21.49 crores in Dec 2023 against ₹33.32 crore in 2023. The company reported profit of ₹2.96 crores in Dec 2023 against profit of ₹7.08 crores in 2023. As per the financials the IPO investors should apply the IPO for a long term.
Paramatrix Technologies IPO Details
| IPO Open Date: | August 27, 2024 |
| IPO Close Date: | August 30, 2024 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹110 Per Share |
| Issue Size: | Approx ₹33.84 Crores |
| Fresh Issue: | Approx ₹30.35 Crores |
| Offer for Sale: | Approx 318,000 Equity Shares |
| Issue Type: | Fixed Price Issue |
| IPO Listing: | NSE SME |
| Retail Quota: | Not more than 50% |
| QIB Quota: | [.] |
| NII Quota: | Not more than 50% |
Paramatrix Technologies IPO Market Lot
The Paramatrix Technologies IPO minimum market lot is 1200 shares with ₹132,000 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1200 | ₹132,000 |
| Retail Maximum | 2 | 1200 | ₹132,000 |
| HNI Minimum | 3 | 2400 | ₹264,000 |
Paramatrix Technologies IPO Dates
The Paramatrix Technologies IPO date is August 27 and the close date is August 30. The Paramatrix Technologies IPO allotment will be finalized on September 2 and the IPO listing on September 4.
| IPO Open Date: | August 27, 2024 |
| IPO Close Date: | August 30, 2024 |
| Basis of Allotment: | September 2, 2024 |
| Refunds: | September 3, 2024 |
| Credit to Demat Account: | September 3, 2024 |
| IPO Listing Date: | September 4, 2024 |
Paramatrix Technologies Company Financial Report
The company reported revenue of ₹21.49 crores in Dec 2023 against ₹33.32 crores in 2023. The company reported a profit of ₹2.96 crores in Dec 2023 against a profit of ₹7.08 crores in 2023.
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2021 | ₹25.73 | ₹18.72 | ₹4.71 | ₹25.70 |
| 2022 | ₹28.25 | ₹18.60 | ₹6.79 | ₹30.63 |
| 2023 | ₹33.32 | ₹23.59 | ₹7.08 | ₹34.39 |
| 2024 | ₹28.60 | ₹22.95 | ₹4.13 | ₹33.54 |
