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Paramatrix Technologies Limited IPO (Paramatrix Technologies IPO) Details

Paramatrix Technologies Limited

Paramatrix Technologies IPO's overview

Paramatrix Technologies IPO bidding started from Aug 27, 2024 and ended on Aug 30, 2024. The allotment for Paramatrix Technologies IPO was finalized on Sep 02, 2024. The shares got listed on NSE on Sep 04, 2024.

Paramatrix Technologies IPO price band is set at ₹0 to ₹110 per share. The minimum lot size for an application is 1200 Shares. The minimum amount of investment required by retail investors is ₹0.

Refer to Paramatrix Technologies IPO RHP for detailed information.

  • IPO date

    Aug 27,2024 - Aug 30,2024

  • Listing Date

    Sep 04,2024

  • Face value

    ₹10

  • Price Band

    0₹110 per share

  • Lot

    ₹1200 Shares

  • Total Issue Size

    30.77 Lakh (30,76,800)

    aggregating up to ₹33.84 Cr (33,84,48,000)

  • Fresh Issue

    27.59 Lakh (27,58,800)

    aggregating up to ₹30.35 Cr (30,34,68,000)

  • Offer for sale

    3.18 Lakh (3,18,000)

    aggregating up to ₹3.50 Cr (3,49,80,000)

  • Issue Type

    Fixed Price

  • IPO Type

    SME

  • Listing At

    NSE

  • Tue, Aug 27, 2024

    IPO Open

  • Fri, Aug 30, 2024

    IPO Close

  • Mon, Sep 02, 2024

    Basis of Allotment

  • Tue, Sep 03, 2024

    Initiation of Refunds

  • Tue, Sep 03, 2024

    Credit of Shares to Demat

  • Wed, Sep 04, 2024

    Listing

Paramatrix Technologies IPO Lot Size

ApplicationLotsSharesAmount

Retail(Min)

11,200₹1.32 Lakh (1,32,000)

Retail(Max)

11,200₹1.32 Lakh (1,32,000)

HNI(Min)

22,400₹2.64 Lakh (2,64,000)

Paramatrix Technologies IPO Reservation

Investor CategoryShares Offered
Offered to RII14.60 Lakh (14,60,400)
Offered to Others14.60 Lakh (14,60,400)

About Paramatrix Technologies Limited

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.

Paramatrix Technologies IPO's documents

Paramatrix Technologies Limited Contact Details

Paramatrix Technologies Limited
E-102, 1st Floor,
Sanpada Railway Station Complex,
Sanpada, Navi Mumbai - 400705
Phone: +91 22 4151 8700
Email: [email protected]
Website: https://www.paramatrix.com/

Paramatrix Technologies IPO's Promoters

Mukesh Keshubhai Thumar and Bhavna Mukesh Keshubhai Thumar are the promoters of the Company.