Paramount Dye Tec Limited IPO

NSE SME

Listed On: Oct 8, 2024 at ₹ 109.9

₹ 140400 /1200 Shares

Expected Premium is derived from market rumors and internet sources. It does not reflect the actual IPO listing price or value. Please review the RHP and consult a financial advisor before investing.

Paramount Dye Tec IPO Details

30 Sep, 2024

Open Date

03 Oct, 2024

Close Date

04 Oct, 2024

Allotment Date

08 Oct, 2024

Listing Date

Issue Price

₹111-117 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Bigshare Services Pvt Ltd

List Price

109.9

Listing Date

2024-10-08

Market Lot

1200 Shares (₹140,400/-)

Lead Manager

Gretex Corporate Services Limited

Issue Size

2,430,000 shares(aggregating up to ₹28.43 Cr)

Retail Portion

35%

Subscription

50.16 times

IPO Docs

DRHP RHP

The IPO of Paramount Dye Tec is priced at ₹111-117 per equity share, which has a face value of ₹10 Per Equity Share each. The company shall list its equity shares on NSE SME. Bigshare Services Pvt Ltd is the registrar of the issue.

Paramount Dye Tec IPO bid opening date is from Sep 30, 2024 and the bid closing date was Oct 3, 2024.
Paramount Dye Tec IPO allotment result will be available on Oct 4, 2024. The tentative listing date for Paramount Dye Tec is Oct 8, 2024.

The total issue size is 2,430,000 shares(aggregating up to ₹28.43 Cr).

As on	QIB / NII	Retail	Total
Shares Offered / Reserved	460,800 / 346,800	808,800	1,616,400
Day 1 - 30-09-24 06:00 PM	0.00 / 0.13 x	0.78 x	0.42 x
Day 2 - 01-10-24 06:00 PM	0.00 / 0.46 x	2.82 x	1.51 x
Day 3 - 03-10-24 06:00 PM	10.22 / 135.66 x	36.26 x	50.16 x

Total No. of Applications: 24,440 (Approx)

Paramount Dye Tec Valuations

EPS Pre IPO

₹7.85/-

EPS Post IPO

₹5.1/-

P/E Pre IPO

14.91

P/E Post IPO

22.94

ROE

11.68%

ROCE

16.53%

Debt/Equity

0.54

RoNW

11.68%

PAT Margin

15.06

Paramount Dye Tec Company Financials All values are in ₹ Lakh

	31-Mar-24	31-Mar-23	31-Mar-22
Assets	5,549.65	3,490.07	N/A
Revenue	2,367.9	2,955.91	N/A
Profit After Tax	354.09	278.65	N/A
Net Worth	3,032.06	N/A	N/A
Reserves & Surplus	3,029.81	N/A	N/A
Total Borrowing	1,627.37	N/A	N/A

About The Company

Paramount Dye Tec Limited was established in January 2014. It recycles waste synthetic fiber and produces yarns for the B2B textile industry.

Paramount Dye Tec Limited manufactures a variety of products, such as synthetic fiber and yarns like acrylic, polyester, nylon, wool, hand-knitting, and acrylic blend yarns, famous for their quality, durability, and lasting excellence.

The company has two manufacturing units located in Village Mangarh and Village Koom Khurd, Punjab.

The company is ISO 9001:2015 and a Good Manufacturing Practice (GMP) certified organization with a robust Quality Management System.

The company deals in acrylic cloth besides other products like blended yarn, nylon, polyester yarns, and acrylic yarn.

Paramount Dye Tec - Promoter(s)

Pre Issue Share Holding: 99.97%

Post Issue Share Holding: 64.97%

Company Promoter(s)

Mr. Kunal Arora
Ms. Palki Arora

Paramount Dye Tec IPO - Issue Objectives

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

Other Details

Company Contact Details

Paramount Dye Tec

Village Mangarh, Machiwara Road, Kohara, Ludhiana - 141112

Phone: +91 9056855519

Email: info@paramountdyetec.com

Website: https://www.paramountdyetec.com/

Registrar Contact Details

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 - FAQs

Ans. Paramount Dye Tec Limited IPO is a SME IPO. The issue is priced at ₹111-117 per equity share. The minimum order quantity is 1200 Shares. The IPO opens on Sep 30, 2024, and closes on Oct 3, 2024. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The Paramount Dye Tec Limited IPO opens on Sep 30, 2024 and closes on Oct 3, 2024.

Ans. The size of Paramount Dye Tec Limited IPO is 2,430,000 shares(aggregating up to ₹28.43 Cr).

Ans. The IPO price band is set between ₹111-117 per equity share.

Ans. To apply for Paramount Dye Tec Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Paramount Dye Tec Limited IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of Paramount Dye Tec Limited IPO is Oct 4, 2024.

Ans. The Paramount Dye Tec Limited IPO will be listed on Oct 8, 2024.

Ans. Follow the steps to check the allotment status for Paramount Dye Tec Limited IPO here.