Paramount Dye Tec Limited (NSE SME)

Sep 30, 2024 - Oct 3, 2024

Price ₹111 - ₹117
Premium ₹5
Lot size 1200
Allotment Oct 4, 2024
Listing Oct 8, 2024

Category Lot(s) Qty Amount Reserved
Retail 1 1200 140400 674
HNI 2 2400 280800 289

Last updated on 03-Oct-2024 17:00:51

CategoryOfferedAppliedTimes
QIB460800470880010.22
NIB34680047048400135.66
RETAIL8088002932800036.26
Total16164008108520050.16
Retail Apps24440© IPO Premium
HNI Interest Cost Per Share (7 Days)
@7%
₹21.31
@8%
₹24.35
@9%
₹27.4
@10%
₹30.44
@11%
₹33.48
@12%
₹36.53
About

Paramount Dye Tec IPO Details

Issue Size2,430,000 shares
(aggregating up to ₹28.43 Cr)
Fresh Issue2,430,000 shares
(aggregating up to ₹28.43 Cr)
Issue TypeBook Built Issue IPO
Listing AtNSE SME
Share holding pre issue4,512,651
Share holding post issue6,942,651
Market Maker portion122,400 shares
Gretex Share Broking

Paramount Dye Tec IPO Reservation

Investor CategoryShares Offered
QIB Shares OfferedNot more than 50.00% of the Net Issue
Retail Shares OfferedNot less than 35.00% of the Net Issue
NII (HNI) Shares OfferedNot less than 15.00% of the Net Issue

Key Performance Indicator

KPIMar-24
ROE11.68%
ROCE16.53%
RONW11.68%
D/E0.54
EPS
(basic)
7.85
P/E
Pre IPO
14.91
P/E
Post IPO
22.94

Company Financials

Paramount Dye Tec Limited Financial Information (Restated)

Period EndedMar-24Jan-24
Assets5,549.653,490.07
Revenue2,367.902,955.91
Profit After Tax354.09278.65
Net Worth3,032.061
Reserves and Surplus3,029.81
Total Borrowing1,627.372,247.76
Amount in Lakhs

About Company

Paramount Dye Tec Limited, founded in January 2014, specializes in producing high-quality yarns by recycling waste synthetic fiber, catering to the B2B segment of the textile industry. The company offers a diverse range of products, including acrylic, polyester, nylon, wool, hand-knitting, and acrylic blend yarns, recognized for their durability and excellence. Additionally, Paramount Dye Tec deals in acrylic cloth and various blended yarns. With two manufacturing facilities located in Village Mangarh and Village Koom Khurd, Punjab, the company adheres to international standards, holding ISO 9001:2015 and Good Manufacturing Practice (GMP) certifications, ensuring a robust Quality Management System for its operations.

Lead Manager(s)

Gretex Corporate Services Limited

Strength

Sustainable Raw Material Use: Utilizes recycled synthetic waste, promoting eco-friendly production.

Cost Efficiency: Gains a competitive edge by transforming waste into affordable, high-quality fiber and yarn.

Customization: Offers tailored yarn solutions to meet specific customer needs.

Weakness

Regulatory Compliance: Operating in a highly regulated sector, the company faces potential liabilities and increased costs due to environmental, health, and safety regulations.

Revenue Concentration: The Company’s reliance on a single business segment—fiber and yarn manufacturing—makes it vulnerable to any adverse impacts on product sales.

Operational Dependency: The business is heavily dependent on its manufacturing facilities and workforce, with risks including facility shutdowns or labor disruptions that could negatively impact operations and profitability.

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