Paramatrix Technologies IPO Date, Price, GMP – The initial public offering of Paramatrix Technologies is scheduled on August 27. Paramatrix Technologies is a SME IPO aiming to raise ₹33.84 crores. Paramatrix Technologies’ IPO price band is set at ₹110, with a market lot of 1200 shares. Paramatrix Technologies Limited, an ISO 9001:2015 and ISO 27001:2013 certified corporation, provides IT software services from its Mumbai headquarters. The company was founded in 2004 and specializes in the development of software applications and technological solutions for both large and medium-sized businesses.
Paramatrix Technologies IPO Details
| IPO Open Date | August 27, 2024 |
| IPO Close Date | August 30, 2024 |
| Listing Date | Wednesday, September 4, 2024 |
| Face Value | ₹10 per share |
| Price | ₹110 per share |
| Lot Size | 1200 Shares |
| Total Issue Size | 3,076,800 shares
(aggregating up to ₹33.84 Cr) |
| Fresh Issue | 2,758,800 shares
(aggregating up to ₹30.35 Cr) |
| Offer for Sale | 318,000 shares of ₹10
(aggregating up to ₹3.50 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
Paramatrix Technologies Financials
Paramatrix Technologies Limited’s revenue fell by -14% and profit after tax (PAT) fell by -42% during the fiscal years ended March 31, 2024 and March 31, 2023.
| FY 2024 | |
| Assets | 3,354.2 |
| Revenue | 2,859.93 |
| Profit After Tax | 413.17 |
| Net Worth | 3,030.25 |
| ROE | 13.63% |
| ROCE | 17.29% |
| RoNW | 13.69% |
| PAT Margin (%) | 11 |
| EPS (Rs) | 4.72 |
| P/E (x) | 23.3 |
How to Check Paramatrix Technologies IPO Allotment Status?
The Paramatrix IPO allotment date is September 2, 2024, Monday. The Paramatrix IPO Allotment will be announced on September 2, 2024, and will be available on the Registrar’s website from that day. Here’s how to check the allotment status.
- Go to the IPO allotment status page.
- Choose Paramatrix Technologies Limited from the IPO dropdown box.
- Enter the application number, PAN, or DP Client ID.
- To check the status of your allotment, submit the details.
Following either of these approaches allows investors to immediately determine their allotment status and proceed with their investments.
About the Company – Paramatrix Technologies
Paramatrix Logistics is an IT Software Services Company that specializes in developing software applications and technology solutions for major companies and mid-sized organizations. Their core competency is understanding their clients’ unique business processes, culture, and requirements across a wide range of industry segments, as well as developing software applications and technology solutions that serve as accelerators to improve operational efficiency and foster increased value creation.
They have successfully served clients in the BFSI industry, retail, manufacturing, sports, pharmaceuticals, and logistics. Paramatrix, backed by its promoters and workers, boasts considerable knowledge and competence in digital transformation, software application development, and technological solution implementation, covering many platforms and frameworks such as Microsoft.Net, Microsoft SQL
