Paramatrix Technologies Limited

  • Minimum Investment
    ₹1,32,000
  • Price Range
    ₹110 - ₹110
  • Issue Size
    ₹33.84 Cr
  • Lot Size
    1200 shares

This stock belongs to the SME (Small & Medium Enterprises) segment which usually has low liquidity and hence, is also riskier. It will be traded in a lot size of 2000 shares after listing.

Proceeds of this IPO to be used for

Capital expenditure for building the company's infrastructure.

Investment in suite of accelerators to enhance its service offerings.

Geographical expansion in Middle East and East Asia.

General corporate purposes.

Download RHP DocumentGet more in-depth details about this IPO.

Strengths & Weaknesses of Paramatrix Technologies Limited

Quality Certifications

Paramatrix Technologies holds certifications like ISO 9001:2015 and ISO 27001:2013, which are required for meeting international quality and security standards

Faster and efficient development of Digital Applications

The company uses its ‘PACE’ (Paramatrix Application Core Engine) framework to build and deploy digital applications much faster. Using this rapid application development framework as an accelerator, Paramatrix can deliver Digital Application Development projects with savings of 20 to 60% in time and money depending on the project scale

Legal proceedings

The company, promoters, and directors are involved in certain legal proceedings and potential litigations. Any adverse decision in such proceedings may render the company liable to penalties

High working capital requirements

Company's business requires significant amount of working capital and major portion of its working capital is utilized towards credit offered to the customers and payment of salaries to employees

Financials

Earnings Per Share

Earnings Per Share (EPS) is calculated by dividing a company’s net income by its average number of outstanding shares.

No Data

Balance Sheet

A financial statement that provides details about a company’s assets, liabilities, and shareholders’ equity at a given point in time.
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Cash Flow

The net amount of cash or cash equivalents being transferred in and out of a company for a specified period of time. Cashflow stems from operating, investing and financing activities.
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About Paramatrix Technologies Limited

Paramatrix Technologies was incorporated on March 08, 2004. The company is an IT Software Services company focusing on making software applications and technology solutions for large enterprises and mid-size businesses.
  • Promoter
    Mukesh Keshubhai Thumar
  • Promoter
    Bhavna Mukesh Thumar
  • Promoter
    Kalpana Struct Con Private Limited
  • Promoter
    Kalpana Struct-Con Infra LLP
  • Promoter
    M K Thumar HUF

Paramatrix Technologies Limited IPO FAQs

What is Paramatrix Technologies Limited IPO?

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Paramatrix Technologies Limited IPO refers to the initial public offering of shares by Paramatrix Technologies Limited. It is a process by which the company offers its shares to the public for the first time, allowing individuals to become shareholders.

What is the issue size of Paramatrix Technologies Limited IPO?

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For Paramatrix Technologies Limited IPO the issue size is ₹34 Cr. The issue size is the total value of the shares offered to the public. It represents the amount the company aims to raise through the IPO.

What is the minimum investment amount for the Paramatrix Technologies Limited IPO?

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For Paramatrix Technologies Limited IPO the minimum investment is ₹1,32,000. The minimum investment for Paramatrix Technologies Limited IPO is the smallest amount an individual can invest to participate in the offering. It is usually determined by the company and regulatory requirements.

What is the lot size of Paramatrix Technologies Limited IPO?

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For Paramatrix Technologies Limited IPO the lot size is 1200 shares. The lot size of Paramatrix Technologies Limited IPO refers to the number of shares that investors need to bid for and purchase in a single transaction. It is predetermined by the company and regulators.

How to apply for Paramatrix Technologies Limited IPO on Share.Market?

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To apply for Paramatrix Technologies Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the Paramatrix Technologies Limited IPO from the list and click on apply now. Place your bids or choose the Cut-off Price option. Enter your UPI ID and set up your mandate to place your application.

Can I pre-apply for Paramatrix Technologies Limited IPO?

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Yes, investors can often pre-apply for some of the IPOs. Pre-application allows individuals to express their interest in participating in the IPO before the official subscription period begins. To pre- apply for Paramatrix Technologies Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the IPO from the list and click on pre-apply now. Once the IPO opens for subscription you can enter your UPI ID and set up your mandate to place your application.

How many days is the IPO application window open?

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The IPO application window typically remains open for 3 days, starting from the date of the IPO opening. However, this duration can vary depending on the specific IPO and the regulatory requirements.

Till what time can I apply for an IPO on the last day on Share.Market?

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You can apply for the IPO till 3 PM on the last day of application on Share.Market.

What is the allotment date of Paramatrix Technologies Limited IPO?

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For Paramatrix Technologies Limited IPO the allotment date is September 2, 2024. The allotment date of Paramatrix Technologies Limited IPO is the date on which shares are allocated to the successful bidders. It marks the distribution of shares to investors.

What are the open and close dates of Paramatrix Technologies Limited IPO?

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For Paramatrix Technologies Limited IPO, the subscription opens on August 27, 2024 and closes on August 30, 2024. The open and close dates of an IPO indicate the period during which investors can submit their bids to participate in the offering.
Bidding Ongoing
-
Total Subscription
8.93x Oversubscribed
Bidding Ongoing
-
Total Subscription
8.93x Oversubscribed