Paramount Dye Tec IPO Date, Review, Price, Allotment Details

Paramount Dye Tec IPO open date is September 30, 2024 and the IPO will close on October 3, 2024. Paramount Dye Tec IPO is a Book Built Issue. The company to raise around ₹28.43 crores via IPO that comprises fresh issue of ₹28.43 crores and offer for sale up to [.] equity shares with face value of ₹10 each.

Paramount Dye Tec IPO price band is ₹111 to ₹117 per share. The retail quota is 35%, QIB is 50%, and HNI is 15%. Paramount Dye Tec IPO to list on NSE on October 8, 2024. The allotment of Paramount Dye Tec IPO date is October 4, 2024.

The company reported revenue of ₹23.68 crores in 2024. The company reported profit of ₹3.54 crores in 2024. As per the financials the IPO investors should apply the IPO for a long term.

Paramount Dye Tec IPO

Table of Contents


Paramount Dye Tec IPO Details

IPO Open Date:September 30, 2024
IPO Close Date:October 3, 2024
Face Value:₹10 Per Equity Share
IPO Price Band:₹111 to ₹117 Per Share
Issue Size:Approx ₹28.43 Crores
Fresh Issue:Approx ₹28.43 Crores
Issue Type:Book Built Issue
IPO Listing:NSE SME
Retail Quota:Not more than 35%
QIB Quota:Not more than 50%
NII Quota:Not more than 15%
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here
Anchor Investors List:Click Here

Paramount Dye Tec IPO IPO Market Lot

The Paramount Dye Tec IPO minimum market lot is 1200 shares with ₹140,400 application amount.

ApplicationLot SizeSharesAmount
Retail Minimum11,200₹140,400
Retail Maximum11,200₹140,400
HNI Minimum22,400₹280,800

Paramount Dye Tec IPO Dates

The Paramount Dye Tec IPO date is September 30 and the close date is October 3. The Paramount Dye Tec IPO allotment will be finalized on October 4 and the IPO listing on October 8.

IPO Open Date:September 30, 2024
IPO Close Date:October 3, 2024
Basis of Allotment:October 4, 2024
Refunds:October 7, 2024
Credit to Demat Account:October 7, 2024
IPO Listing Date:October 8, 2024

Promoters of Paramount Dye Tec IPO

The promoters of the company are Mr. Kunal Arora and Ms. Palki Arora.

About Paramount Dye Tec IPO

The Paramount Dye Tec Limited has originality in Village Mangarh, Machiwara Road, Kohara, Ludhiana – 141112, Punjab, India and it’s tied up with the business of specializing in the manufacturing of yarns by recycling waste synthetic fiber (recycling synthetic waste), serving the B2B segment of the textile industry. This company offers a range of products including synthetic fiber and yarns which includes acrylic yarn, polyester yarn, nylon yarn, wool yarn, hand-knitting yarn, and acrylic blend yarn with quality, finer impact, and lasting excellence.

This company has committed to environmental responsibility and economic benefits are evident through their innovative approach. Through continuous R&D, They have evolved advanced technology to recycle pre-consumer waste into premium yarn and fiber. As an ISO 9001:2015 and Good Manufacturing Practice (GMP) certified organization, The company adheres to a robust Quality Management System.

During the formative years, this company prioritized trading, which allowed it to establish a solid foothold in the market. Over time, the company invested in enhancing production processes and improving the quality of our synthetic products. Furthermore, the Company is focusing on expanding its manufacturing unit, however, to maintain old relations with the customers, or in case they receive any bulk order, they deal with trading activity rationally.

Paramount Dye Tec IPO Company Financial Report

The company reported revenue of ₹23.68 crores in 2024. The company reported profit of ₹3.54 crores in 2024.

Amount ₹ in Crores

Period EndedRevenueExpenseProfit After TaxAssets
Jan 2024₹29.56₹25.28₹2.79₹34.90
2024₹23.68₹18.95₹3.54₹55.50

Paramount Dye Tec IPO Valuation – FY2024

Check Paramount Dye Tec IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

KPIValues
ROE:11.68%
ROCE:16.53%
EBITDA Margin:21.88%
PAT Margin:15.06%
Debt to equity ratio:0.54
Earning Per Share (EPS):₹7.86 (Basic)
Price/Earning P/E Ratio:14.12
Return on Net Worth (RoNW):11.68%
Net Asset Value (NAV):₹67.31

Peer Group Comparison

CompanyEPSPE RatioRoNW %NAVIncome
NANANANANA– Cr.
NANANANANA– Cr.

Objects of the Issue

  • Setting up of Manufacturing Unit
  • Repayment/Prepayment of Certain Debt Facilities availed by the Company
  • Expenses towards Registration of Land purchased from Promoter
  • General Corporate Purposes

Paramount Dye Tec IPO Review

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Paramount Dye Tec IPO Registrar

Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: https://ipo.bigshareonline.com/ipo_status.html

IPO Lead Managers aka Merchant Bankers

  • Gretex Corporate Services Limited

Company Address

Paramount Dye Tec Limited
Village Mangarh
Machiwara Road
Kohara, Ludhiana – 141112
Phone: +91 9056855519
Email: [email protected]
Website: https://www.paramountdyetec.com/

Paramount Dye Tec IPO FAQs

What is Paramount Dye Tec IPO?

Paramount Dye Tec IPO is a SME IPO. The company is going to raise ₹28.43 Crores via IPO. The issue is priced at ₹111 to ₹117 per equity share. The IPO is to be listed on NSE.

When Paramount Dye Tec IPO will open for subscription?

The IPO is to open on September 30, 2024 for QIB, NII, and Retail Investors. The IPO will close on October 3, 2024.

What is Paramount Dye Tec IPO Investors Portion?

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the Paramount Dye Tec IPO?

You can apply for Paramount Dye Tec IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

What is Paramount Dye Tec IPO Issue Size?

Paramount Dye Tec IPO issue size is ₹28.43 crores.

What is Paramount Dye Tec IPO Price Band?

Paramount Dye Tec IPO Price Band is ₹111 to ₹117.

What is Paramount Dye Tec IPO Lot Size?

The minimum bid is 1200 Shares with ₹140,400 amount.

What is the Paramount Dye Tec IPO Allotment Date?

Paramount Dye Tec IPO allotment date is October 4, 2024.

What is the Paramount Dye Tec IPO Listing Date?

Paramount Dye Tec IPO listing date is October 8, 2024. The IPO is to list on NSE.

Note: The Paramount Dye Tec IPO price band and date are officially announced. The (Paramount Dye Tec IPO grey market premium) will be added to the IPO GMP page as it will start).
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