Paramatrix Technologies IPO Subscription Status, Rate

Paramatrix Technologies IPO
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Paramatrix Technologies IPO Subscription Status: Paramatrix Technologies IPO is Open on 27 August 2024 and Close on 29 August 2024. Paramatrix Technologies IPO to Raise 30,76,800 shares (Approx ₹33.84 Cr) via IPO. The Fresh Issue is 27,58,800 shares (Approx ₹30.35 Cr) and The Offer For Sale is 3,18,000 shares of ₹10 (Approx ₹3.50 Cr).

  • The Retail Quota is 50%
  • QIB is -%
  • NII is 50%

The Paramatrix Technologies IPO is an SME IPO and Listed on NSE SME. Paramatrix Technologies IPO Price Band is Fixed at ₹110 Equity Share. Paramatrix Technologies IPO Lot Size is 1200 Shares.

Also Read: Paramatrix Technologies IPO Date, Review, GMP Price, Details

Paramatrix Technologies IPO Subscription Status, Rate bid times

Inv Category Shares Reserved No. of Shares bid for No. of Times (Subscription)
Non Institutional Buyers (NIIs) 14,60,400 91,00,800 6.23
Retail Individual Buyers (RIIs) 14,60,400 1,73,18,400 11.86
Total 29,20,800 2,69,01,600 9.21

Paramatrix Technologies IPO Subscription Status day-by-day-

Categories 27 Aug 28 Aug 29 Aug 30 Aug
QIB 0.00 0.00 0.00 0.00
NII 0.42 1.04 1.64 6.23
RII 1.49 3.71 6.12 11.86
Total 0.96 2.38 3.88 9.21

About  IPO :

Paramatrix Technologies 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 holdings Investor Categories

  • Qualified Institutional Buyers (QIB).
  • Non- Institutional Investors (NII).
  • Retail individual Investors (RII).
  • Employee (EMP).
  • Others (Eligible Shareholders).

Who Is QIB In IPO?

QIB Stands For “Qualified Institutional Buyer” In The Context Of An IPO (Initial Public Offering). QIBs Are A Category Of Institutional Investors Who Are Considered Financially Sophisticated And Meet Certain Regulatory Criteria For Participating In Capital Markets. In The Context Of An IPO, QIBs Play A Significant Role As They Contribute To The Overall Demand For Shares And Help Determine The Success Of The Offering.

Who Is NII In IPO?

NII Stands For “Non-Institutional Investors” In The Context Of An IPO (Initial Public Offering). Non-Institutional Investors Are A Category Of Investors Who Participate In The IPO Alongside Institutional Investors And Retail Investors. NII Typically Includes High Net Worth Individuals (HNIs), Corporate Bodies, Trusts, And Other Entities That Are Not Classified As Institutional Investors But Have The Financial Capacity To Invest Significant Amounts In The IPO.

Who Is RII In IPO?

RII Stands For “Retail Individual Investor” In The Context Of An IPO (Initial Public Offering). Retail Individual Investors Are Individual Investors Who Participate In The IPO Alongside Institutional Investors And Non-Institutional Investors. RII Typically Includes Individual Investors Who Do Not Meet The Criteria To Be Classified As Institutional Investors Or Non-Institutional Investors.

Who Is EMP In IPO?

“EMP” In The Context Of An IPO (Initial Public Offering) Typically Stands For “Employee.” In Some IPOs, A Certain Portion Of The Shares May Be Reserved For Allocation To Employees Of The Company Going Public. These Employees Are Often Referred To As “Employee Shareholders” Or “Employee Participants” (EMP).

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