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Open
27 Aug 2024
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Close
30 Aug 2024
3
Allotment
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Listing
Wed, Sep 4, 2024
Price Band
₹110 per share
Issue Size
30,76,800 shares (agg. up to ₹34 Cr)
Lot Size
1,200 Shares
Listing Date
Wed, Sep 4, 2024
Latest GMP
₹0
Est. Gain
0%
✦ AI Insight
GMP Trend
04-09-2024₹0Est. ₹110+0%
03-09-2024₹0Est. ₹110+0%
02-09-2024₹0Est. ₹110+0%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 10.25x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 33.54 | 34.39 | 30.63 |
| Total Income | 28.60 | 33.32 | 28.25 |
| Profit After Tax | 4.13 | 7.08 | 6.79 |
| NET Worth | 30.30 | 29.97 | 24.64 |
| Reserves and Surplus | 21.55 | 29.62 | 24.29 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| S A Tech Software India Ltd. | SME | ₹23.01 Cr | ₹59 | 14.65 | ₹117.70 | +99.49% | ₹33.50 (-1.47%) |
| TAC Infosec Ltd. | SME | ₹29.99 Cr | ₹106 | 15.98 | ₹304.50 | +187.26% | ₹468.25 (-3.90%) |
| DelaPlex Ltd. | SME | ₹46.08 Cr | ₹192 | 17.75 | ₹324.45 | +68.98% | ₹98.00 (-3.87%) |
| Trident Techlabs Ltd. | SME | ₹16.03 Cr | ₹35 | 7.42 | ₹103.05 | +194.43% | ₹135.80 (-2.69%) |
| Micropro Software Solutions Ltd. | SME | ₹30.70 Cr | ₹81 | 0.34 | ₹76.00 | -6.17% | ₹20.20 (+5.21%) |
| Canarys Automations Ltd. | SME | ₹47.03 Cr | ₹31 | 15.82 | ₹41.30 | +33.23% | ₹18.15 (-3.20%) |
| Kody Technolab Ltd. | SME | ₹27.52 Cr | ₹160 | 22.66 | ₹178.50 | +11.56% | ₹1,244.00 (-2.73%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Capital Expenditure for building our Infrastructure | 9.40 |
| 2 | Investment in our suite of accelerators to enhance the service offerings | 6.53 |
| 3 | Geographical expansion in Middle East and East Asia; and | 6.15 |
| 4 | General Corporate Purposes | 7.17 |
About Paramatrix Technologies IPO
Paramatrix Technologies Limited was founded in 2004 and offers software applications and technology solutions for large and medium-sized companies. The company's software applications and technology solutions (accelerators) can be broadly categorized as follows: Digital transformation services: Application Development and Maintenance (ADM), Solution Architecture and Design, Enterprise Data Management & Data Analytics, INSIGHT (Accelerator for Analytics, MIS & Reporting), PERFORM (Accelerator for Employee Performance Management), EPPM (Enterprise Framework to manage Allocation and Scheduling of Work), PACE (Middleware Framework for Centralized Control), ITCS (Accelerator for managing Employees Share Trading Compliance), DROANA (Virtual Classroom Platform), EVENTJET (Event log monitoring & Management Solution), BULWARK (Cloud Security Posture Assessment), and PLAYMITY (SaaS-based Gamification Platform). Managed services: Application Managed Services, Cyber Security Services, and Cloud & Data Support Services. The company's client list includes the BFSI sector, retail, manufacturing, sports, pharma and logistics. As of March 31, 2024, the company had 182 employees.+ Read More
Contact Details
Paramatrix Technologies Ltd. AddressE-102, 1st FloorSanpada Railway Station ComplexSanpadaNavi Mumbai, Maharashtra, 400705+91 22 4151 8700cs@paramatrix.comVisit Website