Paramatrix Technologies Limited (NSE SME)

Aug 27, 2024 - Aug 30, 2024

Price ₹110 - ₹110
Premium ₹0
Lot size 1200
Allotment Sep 2, 2024
Listing Sep 4, 2024

Category Lot(s) Qty Amount Reserved
Retail 1 1200 132000 1217
HNI 2 2400 264000 1217

Last updated on 30-Aug-2024 17:00:32

CategoryOfferedAppliedTimes
NIB146040092568006.34
RETAIL14604001731840011.86
Total2920800265752009.1
Retail Apps14432© IPO Premium
HNI Interest Cost Per Share (7 Days)
@7%
₹0.94
@8%
₹1.07
@9%
₹1.2
@10%
₹1.34
@11%
₹1.47
@12%
₹1.6
About

IPO Reservation

Investor CategoryShares OfferedNo. of Shares
Retail47.5%1460400
Other47.5%1460400
Market Maker5.0%156000
Total No. of Shares100.0%3076800

Paramatrix Technologies IPO Details

Issue Size3,076,800 shares
(aggregating up to ₹33.84 Cr)
Fresh Issue2,758,800 shares
(aggregating up to ₹30.35 Cr)
Offer for Sale318,000 shares of ₹10
(aggregating up to ₹3.50 Cr)
Issue TypeFixed Price Issue IPO
Listing AtNSE SME
Share holding pre issue8,750,000
Share holding post issue11,508,800
Market Maker portion156,000 shares
Svcm Securities

Key Performance Indicator

KPIMar-24Mar-22Mar-21
ROE13.63%23.61%27.55%
ROCE17.29%30.51%35.87%
RONW13.69%27.55%22.79%
EPS
(Diluted)
4.728.097.76
P/E
Pre IPO
23.30
P/E
Post IPO
30.64

Company Financials

Paramatrix Technologies Limited Financial Information (Restated Consolidated)

Period EndedMar-24Mar-23Mar-22
Assets3,354.203,438.713,062.57
Revenue2,859.933,332.442,824.66
Profit After Tax413.17707.56678.94
Net Worth3,030.252,996.502,464.27
Reserves and Surplus2,155.252,961.552,429.27
Amount in Lakhs

About Company

Paramatrix Technologies Limited, founded in 2004, specializes in delivering comprehensive software applications and technology solutions for large and medium-sized enterprises. The company's offerings span digital transformation services such as application development, enterprise data management, and various proprietary accelerators like INSIGHT for analytics, PERFORM for employee performance management, and BULWARK for cloud security. Additionally, Paramatrix provides managed services, including application management, cybersecurity, and cloud support. Serving a diverse clientele across BFSI, retail, manufacturing, and other sectors, the company employs 182 professionals as of March 31, 2024.

Lead Manager(s)

Inventure Merchant Banker Services Pvt Ltd

Strength

Client-Centric Approach: Paramatrix Technologies' deep understanding of client needs and its ability to customize solutions ensures strong client satisfaction and fosters repeat business, setting the company apart in a competitive market.

Collaborative Partnerships: The Company’s meaningful collaboration with clients and a global network of partners enhances its capabilities, allowing it to deliver comprehensive and cost-efficient solutions while leveraging shared expertise.

Efficient Delivery: Para matrix’s commitment to maintaining reasonable turnaround times through effective project management and clear communication demonstrates its reliability and responsiveness, making it a trusted partner for timely service delivery.

Weakness

Legal Risks: Ongoing legal proceedings involving the company, promoters, or directors pose a risk of significant liabilities or penalties, which could negatively impact the company's financial health and operations.

Growth Strategy Challenges: Failure to effectively implement the company's growth strategy could lead to adverse effects on its financial condition and operational results, limiting future expansion and profitability.

Contractual Dependencies: The Company’s reliance on customer contracts for business success means that any breach or violation of these terms could harm its business operations and financial outcomes.

Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html