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Paramatrix Technologies Limited IPO

Paramatrix Technologies Limited IPO

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Allotment Date :
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Listed Price: ₹ 115.05 (+4.59%)

Paramatrix Technologies Limited's successfully completed its Initial Public Offering and commenced trading on 04-09-2024 at the NSE exchange. The company raised 30,76,800 Shares through this public offering, comprising 26,02,800 Shares in fresh capital and ₹3.50 Cr through the Offer for Sale mechanism.

The IPO was priced within the band of ₹110 to ₹110, with minimum application lots of 1200 shares. The offering attracted significant investor interest during its subscription period from 27-08-2024 to 30-08-2024.

Share allotment was finalized on 02-09-2024, distributing equity to successful applicants. The stock's subsequent listing marked a significant milestone in the company's corporate history, providing public market liquidity to shareholders.

Paramatrix Technologies IPO Details
Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

IPO Reservation
Paramatrix Technologies IPO Key Performance Indicator
Company Financials ( In Lakhs )

Paramatrix Technologies IPO About Company

Paramatrix Technologies Limited, established in 2004, provides software solutions and technology services to large and mid-sized businesses. They help companies with digital transformation through services like app development, data management, and cloud security. Their in-house tools include INSIGHT for data analytics, PERFORM for employee performance tracking, and BULWARK for cloud security. Paramatrix also offers managed services like app maintenance, cybersecurity, and cloud support. With 182 employees as of March 31, 2024, they serve clients across industries like banking, retail, manufacturing, and more.


Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."


Paramatrix Technologies IPO Strength Factors

  1. Client-Centric Approach: Paramatrix Technologies listens closely to client needs and tailors solutions to match their requirements, ensuring high satisfaction and long-term relationships in a competitive market.
  2. Collaborative Partnerships: The company works hand-in-hand with clients and global partners, combining expertise to deliver cost-effective, end-to-end solutions.
  3. Efficient Delivery: With strong project management and clear communication, Paramatrix consistently delivers services on time, building trust through reliability and responsiveness.

Paramatrix Technologies IPO Risk Factors

  1. Legal Risks: Ongoing legal cases involving the company, its promoters, or directors could result in heavy penalties or liabilities, affecting the company's financial health and business operations.
  2. Growth Strategy Challenges: If the company cannot successfully carry out its growth plans, it may struggle to expand, affecting its financial performance and future profits.
  3. Contractual Dependencies: The company's business depends on customer contracts, and any breach of these agreements could negatively impact its operations and financial results.

Paramatrix Technologies IPO Lead Manager(s)

  • Inventure Merchant Banker Services Private Limited

Paramatrix Technologies IPO Promoter(s)

  1. Mukesh Keshubhai Thumar
  2. Bhavna Mukesh Keshubhai Thumar

Paramatrix Technologies IPO Company Details

Paramatrix Technologies Limited
Phone:
address:

Paramatrix Technologies IPO Registrar

Bigshare Services Private Limited
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Phone:

Paramatrix Technologies IPO FAQs