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Paramatrix Technologies IPO
Price Band
₹
Issue Size
₹33.84 Cr
Lot Size
1,200 shares
Min Investment
₹132,000
GMP
—
Issue Price
₹110.0
Paramatrix Technologies IPO AI Summary
- Paramatrix Technologies IPO is listed on NSE SME in the Computers - Software & Consulting sector.
- Subscription window: 27 Aug–30 Aug 2024, listing on 04 Sep 2024.
TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.
Paramatrix Technologies IPO — Third-Party Research Views
Reviews below reflect analyst calls made before this IPO closed on 30 Aug 2024 — not a current signal.
Recommendations are sourced from third-party research firms and are not TopFund's own investment advice.
Important Dates
Subscription Status
Subscription data unavailable
Paramatrix Technologies IPO Grey Market Premium (GMP) Today
GMP not available yet
Grey Market Premium is updated daily. Check back closer to the listing date.
About the Company
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.
Company Financials (₹ Cr)
As of 2024-03-31
| 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 |
Key Ratios
EPS
₹4.72
NAV
₹29.57
ROE
13.63%
ROCE
17.29%
RoNW
13.69%
P/E Ratio
23.3
Market Cap
₹126.60 Cr
PAT Margin
11.00%
Peer Comparison
| Company | NAV | RoNW | P/E (x) | EPS Basic |
|---|---|---|---|---|
| Ksolves India Limited | 20.1 | 143.31% | 35.3 | 28.81 |
| Softsol India Ltd. | 118.85 | 6.21% | 40.57 | 7.38 |
| All E Technologies Limited | 58.88 | 16.55% | 44.31 | 9.75 |
| Paramatrix Technologies Limited This IPO | 34.63 | 13.63% | 23.31 | 4.72 |
Promoters
Mukesh Keshubhai Thumar and Bhavna Mukesh Keshubhai Thumar
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # 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
IPO Evaluation
Generated 23 Sep 2026Revenue Trend
Total income was ₹28.60 Cr for the period ending 31 Mar 2024, down from ₹33.32 Cr for the previous year ending 31 Mar 2023. This indicates a decline in revenue year-over-year, though the latest figure is from a stub period and not directly comparable to the full preceding year.
Profit Trend
Profit After Tax was ₹4.13 Cr for the period ending 31 Mar 2024, compared to ₹7.08 Cr for the year ending 31 Mar 2023. This also represents a decrease in profit year-over-year, but again, the latest figure is from a stub period and not directly comparable to the full preceding year.
Valuation
Paramatrix Technologies Limited is priced at a P/E ratio of 23.31 at the issue price, compared to peers trading at P/E ratios ranging from 35.3 to 44.31.
Grey Market Premium, Explained
The Grey Market Premium (GMP) refers to the unofficial trading of shares before they are listed on the stock exchange. It indicates the expected listing price of the shares based on demand and supply in the grey market. A positive GMP suggests that the shares may list at a premium, while a negative GMP indicates a potential discount.
Who This IPO Suits
Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their investment goals and risk tolerance. It's essential to consider the company's financial health, market position, and growth potential.
Who May Want to Wait
Investors who are risk-averse or those seeking stable, established companies may want to avoid this IPO. Individuals uncomfortable with potential fluctuations in stock price or those who prefer investments with a proven track record might also consider other options.
Listing Gains — The Risk
Listing gains refer to the profits made when shares are sold on their first day of trading at a higher price than the issue price. However, these gains are not guaranteed and can be influenced by market conditions, investor sentiment, and overall demand for the shares. Investors should be aware that listing-day performance can be volatile and should not be the sole reason for investing.
This evaluation is generated from Paramatrix Technologies's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.
Frequently Asked Questions
When does Paramatrix Technologies IPO open and close?
Paramatrix Technologies IPO opens on 27 August 2024 and closes on 30 August 2024.
When does Paramatrix Technologies IPO list on the stock exchange?
Paramatrix Technologies IPO listed on 04 September 2024 at ₹110.0.
What is the lot size for Paramatrix Technologies IPO?
The lot size for Paramatrix Technologies IPO is 1200 shares, requiring a minimum investment of ₹132,000.
What is the issue price of Paramatrix Technologies Limited?
The issue price is ₹110.0.
What is the minimum investment required?
The minimum investment required is ₹132000.0.
What is the lot size for this IPO?
The lot size is 1200 shares.
When is the listing date for the shares?
The listing date is September 4, 2024.
What does GMP mean?
GMP stands for Grey Market Premium, which indicates the expected listing price of shares based on unofficial trading before they are listed.
Issue Details
Investor Allocation
Registrar
Lead Managers / Book Running
IPO Timeline
Open
27 Aug 2024
Close
30 Aug 2024
Allotment
02 Sep 2024
Listing
04 Sep 2024
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