Paramatrix Technologies Limited offers software applications and technology solutions for large and medium-sized companies.
The company’s software applications and technology solutions (accelerators) can be broadly categorized as follows:
- Digital transformation services: Application Development and Maintenance (ADM), Solution Architecture and Design, Enterprise Data Management & Data Analytics, INSIGHT (Accelerator for Analytics, MIS & Reporting), PERFORM (Accelerator for Employee Performance Management), EPPM (Enterprise Framework to manage Allocation and Scheduling of Work), PACE (Middleware Framework for Centralized Control), ITCS (Accelerator for managing Employees Share Trading Compliance), DROANA (Virtual Classroom Platform), EVENTJET (Event log monitoring & Management Solution), BULWARK (Cloud Security Posture Assessment), and PLAYMITY (SaaS-based Gamification Platform).
- Managed services: Application Managed Services, Cyber Security Services, and Cloud & Data Support Services.
The company’s client list includes the BFSI sector, retail, manufacturing, sports, pharma and logistics.
As of March 31, 2024, the company had 182 employees.
Paramatrix Technologies IPO – Details
| IPO Opening Date | 27 August 2024 |
| IPO Closing Date | 30 August 2024 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | Total Issue Size: 30,76,800 Shares Worth ₹33.84 Crore Fresh Issue: 27,58,800 Shares Worth ₹30.34 Crore Offer for Sale: 3,18,000 Shares Worth ₹3.50 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹110 |
| Market Lot | 1200 Shares |
| Min Order | 1200 Shares (1 Lot) |
| Listing At | NSE SME |
| Register | Bigshare Services Pvt Ltd |
| Retail Shares Offered | 50% |
| Other Shares Offered | 50% |
Paramatrix Technologies IPO – Date Schedule
| IPO Open Date | 27 August 2024 |
| IPO Close Date | 30 August 2024 |
| Basis of Allotment | 02 September 2024 |
| Initiation of Refund | 03 September 2024 |
| Credit of Shares to Demat Account | 03 September 2024 |
| IPO Listing Date | 04 September 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on August 30, 2024 |
Paramatrix Technologies IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1200 | ₹1,32,000 |
| Retail (Max) | 1 | 1200 | ₹1,32,000 |
| HNI (Min) | 2 | 2400 | ₹2,64,000 |
Competitive Strengths
- Understanding and Catering to Client’s Unique Needs.
- Meaningful Collaboration with Clients and Partners.
- Maintaining a Reasonable Turnaround Time.
- Quality Certifications.
- Trusted by Leading Brands Present Globally.
Company Promoters
- Mukesh Keshubhai Thumar
- Bhavna Mukesh Keshubhai Thumar
Company Financials
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2022 | 28.24 | 18.60 | 6.78 | 24.29 |
| 31 March 2023 | 33.32 | 23.58 | 7.07 | 29.61 |
| 31 March 2024 | 28.59 | 22.94 | 4.13 | 21.55 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 13.63% |
| ROCE | 17.29% |
| RoNW | 13.69% |
| PAT Margin (%) | 11 |
| Pre IPO | Post IPO | |
| EPS (Rs) | 4.72 | 3.59 |
| P/E (x) | 23.3 | 30.64 |
Object Of The Issue
- Capital Expenditure for building Infrastructure;
- Investment in suite of accelerators to enhance the service offerings;
- Geographical expansion in the Middle East and East Asia; and
- General Corporate Purposes.
Paramatrix Technologies IPO Promoter Holding
| Pre Issue Share Holding | 75.46% |
| Post Issue Share Holding | 54.77% |
Paramatrix Technologies IPO Prospectus
Company Contact Information
| Paramatrix Technologies Limited E-102, 1st Floor, Sanpada Railway Station Complex, Sanpada, Navi Mumbai – 400705 Phone: +91 22 4151 8700 Email: cs@paramatrix.com Website: https://www.paramatrix.com/ |
Paramatrix Technologies IPO Registrar
| Bigshare Services Pvt Ltd Phone: +91-22-6263 8200 Email: ipo@bigshareonline.com Website: https://ipo.bigshareonline.com/ipo_status.html |
Paramatrix Technologies IPO Lead Manager(s)
| 1. Inventure Merchant Banker Services Pvt Ltd |
Paramatrix Technologies IPO FAQs
| What is Paramatrix Technologies IPO? Paramatrix Technologies IPO is a SME IPO. The issue is priced at ₹110 per equity share. The IPO is to be listed on NSE SME. |
| When Paramatrix Technologies IPO will open? The IPO is to open on 27 August 2024 for QIB, NII, and Retail Investors. |
| What is Paramatrix Technologies IPO Investors Portion? The investors’ portion for Retail – 50%, Other – 50%. |
| How to Apply the Paramatrix Technologies IPO? You can apply Paramatrix Technologies 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 Paramatrix Technologies IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Paramatrix Technologies 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 Paramatrix Technologies IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Paramatrix Technologies 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 Paramatrix Technologies IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Paramatrix Technologies 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 Paramatrix Technologies IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Paramatrix Technologies 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 Paramatrix Technologies IPO Size? Paramatrix Technologies IPO size is ₹33.84 Crore. |
| What is Paramatrix Technologies IPO Price Band? Paramatrix Technologies IPO Price Band is ₹110. |
| What is Paramatrix Technologies IPO Minimum and Maximum Lot Size for retail? The minimum bid is 1200 Shares with ₹1,32,000 amount while the maximum bid is 1200 Shares with ₹1,32,000. |
| What is the Paramatrix Technologies IPO Allotment Date? Paramatrix Technologies IPO allotment date is 02 September 2024. |
| What is the Paramatrix Technologies IPO Listing Date? Paramatrix Technologies IPO listing date is 04 September 2024. The IPO is to be listed on NSE SME. |
