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Paramount Dye Tec IPO
Price Band
₹111.0–117.0
Issue Size
₹28.43 Cr
Lot Size
1,200 shares
Min Investment
₹140,400
GMP
+₹5.0 (4.27%)
Issue Price
₹117.0
Subject to Sauda
₹4600
Paid only if allotted
Paramount Dye Tec IPO AI Summary
- Paramount Dye Tec IPO is listed on NSE SME in the Other Textile Products sector.
- Price band: ₹111.0–₹117.0 per share, lot size 1,200 shares (min. investment ₹140,400).
- Subscription window: 30 Sep–03 Oct 2024, listing on 08 Oct 2024.
- Current GMP is +₹5.0 (4.27%), an estimated listing price of ₹122 — unofficial and can change daily.
Paramount Dye Tec Limited is an SME IPO focusing on recycling synthetic fibers to produce various yarns. With a strong emphasis on quality and sustainability, the company aims to expand its manufacturing capabilities and improve profitability through its IPO proceeds.
TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.
Paramount Dye Tec IPO — Third-Party Research Views
Reviews below reflect analyst calls made before this IPO closed on 03 Oct 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
Paramount Dye Tec IPO Grey Market Premium (GMP) Today
GMP
+₹5.0
GMP %
+4.27%
Est. Listing
₹122.0
Updated: 25 Jul 2026 14:03
About the Company
Founded in January 2014, Paramount Dye Tec Limited produces yarns by recycling waste synthetic fiber, catering to the B2B segment of the textile industry. The company offers a range of products, including synthetic fiber and yarns such as acrylic, polyester, nylon, wool, hand-knitting, and acrylic blend yarns, known for their quality, durability, and lasting excellence. The company has two manufacturing facilities situated in Village Mangarh and Village Koom Khurd, Punjab. The company is ISO 9001:2015 and is a Good Manufacturing Practice (GMP) certified organization for a robust Quality Management System. The company deals in acrylic cloth as well as other products such as blended yarn, nylon, polyester yarns, and acrylic yarn. Competitive Strength Utilization of recycled synthetic waste as raw material. Cost benefits as compared to its competitors by converting waste into usable fiber and yarn. Custom yarn solutions for customers as per their specific requirements. Expanding spinning capacity to convert fiber into yarn is a strategic move that minimally increases expenses while significantly boosting profitability. ISO 9001:2015 and Good Manufacturing Process (GMP) certified company. The company offers a complete solution by producing both fiber and yarn to streamline the supply chain for its clients.
Company Financials (₹ Cr)
As of 2024-03-31
| Period Ended | 31 Mar 2024 | 31 Jan 2024 |
|---|---|---|
| Assets | 55.50 | 34.90 |
| Total Income | 23.68 | 29.56 |
| Profit After Tax | 3.54 | 2.79 |
| NET Worth | 30.32 | 0.01 |
| Reserves and Surplus | 30.30 | |
| Total Borrowing | 16.27 | 22.48 |
Key Ratios
EPS
₹7.85
NAV
₹67.31
ROE
11.68%
ROCE
16.53%
RoNW
11.68%
P/E Ratio
14.91
Market Cap
₹81.23 Cr
PAT Margin
15.06%
Debt/Equity
0.54
Promoters
Kunal Arora and Palki Arora
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 Setting up of Manufacturing Unit 16.00 2 Repayment/Prepayment of Certain Debt Facilities availed by the Company 4.50 3 Expenses towards Registration of Land purchased from Promoter 1.00 4 General Corporate Purpose 4.12
IPO Evaluation
Generated 23 Sep 2026Revenue Trend
Total income was ₹29.56 Cr for the period ending 31 Jan 2024, before decreasing to ₹23.68 Cr by 31 Mar 2024. This decline may be attributed to seasonal or operational factors, though the latter figure is from a full fiscal year and the former is a 9-month figure, not a full year, so isn't directly comparable.
Profit Trend
Profit After Tax increased from ₹2.79 Cr for the period ending 31 Jan 2024 to ₹3.54 Cr by 31 Mar 2024. This indicates a positive trend in profitability over the periods analyzed.
Valuation
The company's EPS is ₹7.85, leading to an implied P/E ratio of approximately 14.91 at the issue price of ₹117.0. This is within a reasonable range compared to its peers, though specific peer P/E data is not provided.
Grey Market Premium, Explained
The Grey Market Premium (GMP) is an unofficial indicator of an IPO's potential listing gains. It reflects the price at which shares are traded in the grey market before the official listing, providing insight into market sentiment and demand.
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 is essential to consider the company's fundamentals and market conditions before making a decision.
Who May Want to Wait
Investors with a low risk tolerance or those seeking guaranteed returns might consider avoiding this IPO, as the textile sector can be subject to market fluctuations and operational challenges.
IPO Timeline, Explained
The IPO opens for subscription on September 30, 2024, and closes on October 3, 2024. Allotment of shares will be done on October 4, 2024, with the listing date set for October 8, 2024.
Listing Gains — The Risk
Listing gains are not guaranteed and depend on various factors, including market conditions and investor sentiment. It is important to understand that while some IPOs may see a rise in share price on listing day, others may not perform as expected.
This evaluation is generated from Paramount Dye Tec'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
What is Paramount Dye Tec IPO GMP today?
Paramount Dye Tec IPO GMP today is +₹5.0 (4.27%), indicating an estimated listing price of ₹122. GMP is an unofficial grey-market indicator and can change daily.
What is the price band of Paramount Dye Tec IPO?
The price band of Paramount Dye Tec IPO is ₹111.0–₹117.0 per share.
When does Paramount Dye Tec IPO open and close?
Paramount Dye Tec IPO opens on 30 September 2024 and closes on 03 October 2024.
When does Paramount Dye Tec IPO list on the stock exchange?
Paramount Dye Tec IPO listed on 08 October 2024 at ₹122.0.
What is the lot size for Paramount Dye Tec IPO?
The lot size for Paramount Dye Tec IPO is 1200 shares, requiring a minimum investment of ₹140,400.
What is the lot size for this IPO?
The lot size for the Paramount Dye Tec IPO is 1200 shares.
What is the minimum investment required?
The minimum investment required is ₹140,400.
What is the price band for the IPO?
The price band for the IPO is ₹111.0 to ₹117.0.
When is the listing date?
The listing date for the IPO is October 8, 2024.
What does GMP mean?
GMP stands for Grey Market Premium, which indicates the expected listing gains of the IPO based on unofficial trading.
Issue Details
Investor Allocation
Registrar
Lead Managers / Book Running
IPO Timeline
Open
30 Sep 2024
Close
03 Oct 2024
Allotment
04 Oct 2024
Listing
08 Oct 2024
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