Paramatrix Technologies IPO Date, Review, GMP Price, Details

Paramatrix Technologies IPO
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Paramatrix Technologies IPO Date : Paramatrix Technologies IPO Date is Open on 27 August 2024 and Close on 30 August 2024. Paramatrix Technologies IPO to Raise 30,76,800 shares (Approx ₹33.84 Cr) via IPO. The Fresh issue of 27,58,800 shares (Approx ₹30.35 Cr) and The Offer For is  3,18,000 shares of ₹10 (Approx ₹3.50 Cr).

Our core competency lies in understanding our clients’ unique business processes, culture and their requirements across diverse industry segments and creating software applications and technology solutions, which works as an accelerators to enhance their operational efficiency and foster increased value production.

  • Banking and Financial Services
  • Manufacturing
  • Public Sector Services
  • Healthcare & Insurance
  • Retail & Logistics
  • Real Estate

We have successfully served clients in BFSI sector, Retail, Manufacturing, Sports, Pharmaceuticals, and Logistics. Paramatrix, backed by its promoters and employees, possesses extensive knowledge and expertise in Digital Transformation, development of software applications & implementation of technology solutions, covering various platforms and frameworks such as Microsoft.Net, Microsoft SQL, Microsoft Azure Cloud, AWS Cloud, Cross-Platform Mobile Application Development Technologies, Open-Source Technologies (Java ,Python etc) and more.

To serve customers better, Paramatrix has aligned and categorized Digital Transformation Services and Managed Services as its two focused service line pillars. With a unique blend of domain knowledge, technological expertise, and project management proficiency, we are well-equipped to execute projects successfully.

Our software applications and technology solutions (Accelerators) Services can be broadly categorized as Digital Transformation Services :-Application Development and Maintenance (ADM)

  • Solution Architecture and Design
  • Enterprise Data Management & Data Analytics
  • INSIGHT (Accelerator for Analysis, MIS & Reporting)
  • PERFORM (Accelerator for performance management of Employees)
  • 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)
  • PLAYMITY (SaaS-based Gamification Platform)

Managed Services For Our Company

  • Application Development & Maintenance
  • Cyber Security
  • Digital Process Automation
  • Technology Consulting Services
  • Data Analytics And Warehousing
  • Cloud Services
  • Mobility Services
  • Hire Dedicated Teams

Paramatrix Technologies IPO Date & Price Band Details

IPO Open Date 27 Aug 2024
IPO Close Date 30 Aug 2024
IPO Size 30,76,800 shares (Approx ₹33.84 Cr)
Fresh Issue 27,58,800 shares (Approx ₹30.35 Cr)
Offer For Sale 3,18,000 shares of ₹10 (Approx ₹3.50 Cr)
Lot Size 1200 Shares
IPO Face Value ₹10 Per Equity Share"
IPO Price Band ₹110 Per Every Share
IPO Listing On NSE SME
IPO Retail Quota 50%
IPO QIB Quota -%
IPO NII Quota 50%
DRHP Draft Click Here
Anchor Investor Click Here

Paramatrix Technologies IPO Market Lot Details

Application Lot Size Shares Amount
Retail Minimum 1 1200 ₹1,32,000
Retail Maximum 1 1200 ₹1,32,000
S-HNI Minimum 2 2400 ₹2,64,000

Object of the Issue

  1.  Capital Expenditure for building our Infrastructure.
  2.  Investment in our suite of accelerators to enhance our service offerings.
  3.  Geographical expansion in Middle East and East Asia.
  4.  General Corporate Purposes.

Paramatrix Technologies IPO Allotment & Listings (Details)

IPO Open Date 27 Aug 2024
IPO Close Date 30 Aug 2024
Basis of Allotment 02 Sept 2024
Refunds 03 Sept 2024
Credit to Demat Account 03 Sept 2024
IPO Listing Date 04 Sept 2024

Paramatrix Technologies Financial Reports

₹ in Crores
Year Revenue Expense PAT
2024 ₹28.60 ₹22.95 ₹4.13
2023 ₹33.32 ₹23.59 ₹7.08
2022 ₹28.25 ₹18.60 ₹6.79

Our Company Promoters

  1. Mukesh Keshubhai Thumar
  2. Bhavna Mukesh Thumar

Qualitative Factors

  • Understanding and Catering to Client’s Unique Needs.
  • Meaningful Collaboration with Clients and Partners.
  • Maintaining a Reasonable Turnaround Time.
  • Quality Certifications.
  • Trusted by Leading Brands Present Globally.

Paramatrix Technologies Comparison Listed Industry Peers Group

Company Name Face Value EPS P/E Ratio Ro NW (%) NAV Per Revenue (₹ in Crore)
All E Technologies 10.00 9.75 44.31 16.55% 58.88 123.65
Softsol India 10.00 7.38 40.57 6.21% 118.85 83.55
K Solves Indi 10.00 28.81 35.30 143.31% 20.10 108.98

Comparison of Accounting Ratios with Listed Peer Group Companies

  • All E Technologies
  • Softsol India
  • K Solves Indi

Also Read: Jay Bee Laminations IPO

Paramatrix Technologies Company Contact Details

E-102, 1st Floor, Sanpada Railway Station Complex, Sanpada,
Navi Mumbai – 400705, Maharashtra, India
Contact Person: Ms. Shubhada Mahendra Shirke,
E-mail: cs@paramatrix.com
Tel: +91 22 4151 8700
Website: www.paramatrix.com

Paramatrix Technologies Lead Manager

INVENTURE MERCHANT BANKER SERVICES PRIVATE LIMITED
2ndFloor, Viraj Towers, Near Andheri Flyover (North
End), Western Express Highway, Andheri (East), Mumbai – 400069, Maharashtra
Tel No: +91 22 4075 1500 
Email: compliance@inventuremerchantbanker.com
Investor Grievance Email: redressal@inventuremerchantbanker.com
Website: www.inventuremerchantbanker.com
Contact Person: Arvind Gala

Paramatrix Technologies IPO Registrar

BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Floor, Pinnacle Business Park,
Mahakali Caves Road, Next to Ahura Centre,
Andheri East, Mumbai – 400 093, Maharashtra, India
Tel. No.: +91 22 6263 8200
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com
Investor Grievance Email: investor@bigshareonline.com
Contact Person: Babu Rapheal C.

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