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 – Details
IPO Opening Date | 30 September 2024 |
IPO Closing Date | 03 October 2024 |
Issue Type | Book Built Issue IPO |
Issue Size | Total 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 Lot | 1200 Shares |
Min Order | 1200 Shares |
Listing At | NSE SME |
Register | Bigshare Services Pvt Ltd |
QIB Shares Offered | 50% |
Retail Shares Offered | 35% |
NII (HNI) Shares Offered | 15% |
Paramount Dye Tec IPO – Date Schedule
IPO Open Date | 30 September 2024 |
IPO Close Date | 03 October 2024 |
Basis of Allotment | 04 October 2024 |
Initiation of Refund | 07 October 2024 |
Credit of Shares to Demat Account | 07 October 2024 |
IPO Listing Date | 08 October 2024 |
Cut-off time for UPI mandate confirmation | 5 PM on October 03, 2024 |
Paramount Dye Tec IPO – Lots Size & Price
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 1 | 1200 | ₹1,40,400 |
Retail (Max) | 1 | 1200 | ₹1,40,400 |
HNI (Min) | 2 | 2400 | ₹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
Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
---|---|---|---|---|
31 March 2021 | 16.90 | 16.65 | 0.15 | 5.51 |
31 March 2022 | 23.67 | 23.49 | 0.15 | 8.98 |
31 March 2023 | 46.00 | 40.79 | 3.16 | 9.69 |
31 March 2024 | 53.23 | 44.22 | 6.32 | 16.27 |
Key Performance Indicator
KPI | Values |
---|---|
ROE | 11.68% |
ROCE | 16.53% |
Debt/Equity | 0.54 |
RoNW | 11.68% |
PAT Margin (%) | 15.06 |
Pre IPO | Post IPO | |
EPS (Rs) | 7.85 | 5.1 |
P/E (x) | 14.91 | 22.94 |
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 Promoter Holding
Pre Issue Share Holding | 99.97% |
Post Issue Share Holding | 64.97% |
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 Website: https://www.paramountdyetec.com/ |
Paramount Dye Tec IPO Registrar
Bigshare Services Pvt Ltd Phone: +91-22-6263 8200 Email: ipo@bigshareonline.com Website: https://ipo.bigshareonline.com/ipo_status.html |
Paramount Dye Tec IPO Lead Manager(s)
1. Gretex Corporate Services Limited |
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. |