Paramount Dye Tec Limited IPO (Paramount Dye Tec IPO)

Paramount Dye Tec Limited IPO
Upcoming Paramount Dye Tec IPO | New Paramount Dye Tec IPO

Paramount Dye Tec Limited produces yarns by recycling waste synthetic fiber, catering to the B2B segment of the textile industry.

The company offers a range of products, including synthetic fiber and yarns such as acrylic, polyester, nylon, wool, hand-knitting, and acrylic blend yarns, known for their quality, durability, and lasting excellence.

The company has two manufacturing facilities situated in Village Mangarh and Village Koom Khurd, Punjab.

The company is ISO 9001:2015 and is a Good Manufacturing Practice (GMP) certified organization for a robust Quality Management System.

The company deals in acrylic cloth as well as other products such as blended yarn, nylon, polyester yarns, and acrylic yarn.

Paramount Dye Tec IPO

Paramount Dye Tec IPO – Details

IPO Opening Date30 September 2024
IPO Closing Date03 October 2024
Issue TypeBook Built Issue IPO
Issue SizeTotal Issue Size: 24,30,000 Shares Worth ₹28.43 Crore
Fresh Issue: 24,30,000 Shares Worth ₹28.43 Crore
Face Value₹10 per equity share
IPO Price₹111 – ₹117
Market Lot1200 Shares
Min Order1200 Shares
Listing AtNSE SME
RegisterBigshare Services Pvt Ltd
QIB Shares Offered50%
Retail Shares Offered35%
NII (HNI) Shares Offered15%

Paramount Dye Tec IPO – Date Schedule

IPO Open Date30 September 2024
IPO Close Date03 October 2024
Basis of Allotment04 October 2024
Initiation of Refund07 October 2024
Credit of Shares to Demat Account07 October 2024
IPO Listing Date08 October 2024
Cut-off time for UPI mandate confirmation5 PM on October 03, 2024

Paramount Dye Tec IPO – Lots Size & Price

ApplicationLotsSharesAmount
Retail (Min)11200₹1,40,400
Retail (Max)11200₹1,40,400
HNI (Min)22400₹2,80,800

Competitive Strengths

  • Use of recycled synthetic waste as raw materials.
  • Margin Benefits.
  • Custom Solutions.
  • Value Addition through Enhanced Spinning Capacity.
  • Cost-effective products.
  • Tailored solutions.
  • Quality assurance.
  • Simplified supply chain.

Company Promoters

  • Mr. Kunal Arora
  • Ms. Palki Arora

Company Financials

ParticularsTotal RevenueTotal ExpenseProfit After TaxTotal Borrowing
31 March 202116.9016.650.155.51
31 March 202223.6723.490.158.98
31 March 202346.0040.793.169.69
31 March 202453.2344.226.3216.27
Amount in ₹ Crore

Key Performance Indicator

KPIValues
ROE11.68%
ROCE16.53%
Debt/Equity0.54
RoNW11.68%
PAT Margin (%)15.06
Pre IPOPost IPO
EPS (Rs)7.855.1
P/E (x)14.9122.94

Object 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 Purposes.
Paramount Dye Tec IPO
Object of the Issues

Paramount Dye Tec IPO Promoter Holding

Pre Issue Share Holding99.97%
Post Issue Share Holding64.97%

Paramount Dye Tec IPO Prospectus

  • Paramount Dye Tec IPO DRHP
  • Paramount Dye Tec IPO RHP

Company Contact Information

Paramount Dye Tec Limited

Village Mangarh
Machiwara Road
Kohara, Ludhiana – 141112

Phone: +91 9056855519
Email: info@paramountdyetec.com
Websitehttps://www.paramountdyetec.com/

Paramount Dye Tec IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Websitehttps://ipo.bigshareonline.com/ipo_status.html

Paramount Dye Tec IPO Lead Manager(s)

1. Gretex Corporate Services Limited

Paramount Dye Tec IPO FAQs

Paramount Dye Tec IPO FAQs
What is Paramount Dye Tec IPO?

Paramount Dye Tec IPO is an SME IPO. The issue is priced at ₹111 and ₹117 per equity share. The IPO is to be listed on NSE SME.
When Paramount Dye Tec IPO will open?

The IPO is to open on 30 September 2024 for QIB, NII, and Retail Investors.
What is Paramount Dye Tec IPO Investors Portion?

The investors’ portion for QIB- 50%Retail – 35%NII – 15%.
How to Apply the Paramount Dye Tec IPO?

You can apply Paramount Dye Tec IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
How to Apply the Paramount Dye Tec IPO through Angle One?

Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Paramount Dye Tec IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One.
How to Apply the Paramount Dye Tec IPO through 5 Paisa?

Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Paramount Dye Tec IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa.
How to Apply the Paramount Dye Tec IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Paramount Dye Tec IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.
How to Apply the Paramount Dye Tec IPO through IIFL?

Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Paramount Dye Tec IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL.
What is Paramount Dye Tec IPO Size?

Paramount Dye Tec IPO size is ₹28.43 Crore.
What is Paramount Dye Tec IPO Price Band?

Paramount Dye Tec IPO Price Band is ₹111 – ₹117.
What is Paramount Dye Tec IPO Minimum and Maximum Lot Size for Retail?

The minimum bid is 1200 Shares with ₹1,40,400 amount while the maximum bid is 1200 Shares with ₹1,40,400.
What is the Paramount Dye Tec IPO Allotment Date?

Paramount Dye Tec IPO allotment date is 04 October 2024.
What is the Paramount Dye Tec IPO Listing Date?

Paramount Dye Tec IPO listing date is  08 October 2024. The IPO is to be listed on NSE SME.
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