Paramatrix Technologies SME IPO Details, Financials, Valuation & Peers
Get everything you need to know about the Paramatrix Technologies IPO. Explore Paramatrix Technologies IPO details, including IPO dates, financial statements, valuation, peer comparison, and more.
Overview
Paramatrix Technologies Limited, based in Mumbai and established in 2004, is a certified IT software services company specializing in crafting software applications and technology solutions for large enterprises and mid-sized businesses. The company focuses on driving digital transformation and providing managed services across various industries, including BFSI, retail, manufacturing, sports, pharmaceuticals, and logistics. Paramatrix leverages deep domain knowledge, technological expertise, and a customer-centric approach to deliver tailored solutions that enhance operational efficiency and drive value for its clients.
Key Points:
- IT Solutions Provider: Founded in 2004 in Mumbai, with a strong focus on developing software applications and technology solutions for large and mid-sized enterprises.
- Diverse Industry Expertise: Serves a broad spectrum of industries, including BFSI, retail, manufacturing, sports, pharmaceuticals, and logistics.
- Core Service Areas:
- Digital Transformation Services: Includes application development and maintenance, enterprise data management and specialized solutions like INSIGHT (analysis & reporting), PERFORM (performance management) and more.
- Managed Services: Offers application managed services, cybersecurity services and cloud & data support services.
- Technology Proficiency: Expertise in a wide range of platforms, including Microsoft .NET, Microsoft SQL, Azure, AWS, and open-source technologies like Java and Python.
- Innovative Solutions Portfolio: Provides a comprehensive range of proprietary accelerators and SaaS-based solutions, such as DROANA (virtual classroom platform), EVENTJET (event log management), BULWARK (cloud security posture assessment), and PLAYMITY (gamification platform).
Objects of the Issue
- Capital Expenditure for building the Infrastructure
- Investment in the suite of accelerators to enhance the service offerings
- Geographical expansion in Middle East and East Asia
- General Corporate Purposes
IPO Details
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | 27 Aug - 30 Aug 2024 |
| IPO Price Band | ₹110 per share |
| Fresh Issue | 27,58,800 shares (₹30.35 crore) |
| Offer For Sale | 3,18,000 shares (₹3.50 crore) |
| Total IPO Size | ₹33.84 crore |
| Face Value | ₹ 10 |
| Listing On | NSE |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 27 Aug 2024 |
| IPO Closing Date | 30 Aug 2024 |
| Basis Of Allotment | 02 Sep 2024 |
| Refunds | 03 Sep 2024 |
| Demat Transfer | 03 Sep 2024 |
| IPO Listing Date | 04 Sep 2024 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31st March 2021 | 31st March 2022 | 31st March 2023 | 31st March 2024 |
|---|---|---|---|---|
| Total Income | 25.73 | 28.25 | 33.32 | 28.60 |
| Total Expenses | 18.72 | 18.60 | 23.59 | 22.95 |
| Net Profit/Loss | 4.71 | 6.79 | 7.08 | 4.13 |
| NPM (*) | 18.30 | 24.04 | 21.23 | 14.45 |
| Total Assets | 25.70 | 30.63 | 34.39 | 33.54 |
| Total Liabilities | 5.04 | 5.98 | 4.42 | 3.24 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Valuation
Uncover significant valuation metrics such as EPS (Earnings Per Share), ROE (Return on Equity), ROCE (Return on Capital Employed), D/E Ratio (Debt-to-Equity Ratio), Current Ratio, and EBITDA Margin. These key indicators offer insights into the company's financial standing and performance, aiding in informed investment decisions.
| Period Ended | 31st March 2021 | 31st March 2022 | 31st March 2023 | 31st March 2024 |
|---|---|---|---|---|
| EPS | 5.38 | 7.76 | 8.09 | 4.72 |
| ROE (%) | 22.79 | 27.55 | 23.61 | 13.63 |
| ROCE (%) | 28.04 | 35.87 | 30.51 | 17.29 |
| D/E Ratio | NA | NA | NA | NA |
| Current Ratio | 4.34 | 3.92 | 6.45 | 8.68 |
| EBITDA MARGIN (%) | 27.26 | 34.14 | 29.22 | 19.76 |
* Compiled from DRHP/RHP for valuation purposes.
Peer Comparison
Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.
| Name | Revenue | P/E | EPS | RoNW | NAV |
|---|---|---|---|---|---|
| Paramatrix | 28.60 | 23.31 | 4.72 | 13.63 | 34.63 |
| All E Technologies | 123.65 | 44.31 | 9.75 | 16.55 | 58.88 |
| Softsol India | 83.55 | 40.57 | 7.38 | 6.21 | 118.85 |
| K Solves India | 108.98 | 35.30 | 28.81 | 143.31 | 20.10 |
* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.
Subscription Data from NSE and BSE
| Investor Type | Subscribed |
|---|---|
| Qualified Institutional Buyer (QIB) | 0 |
| Non-Institutional Investor (NII/HNI) | 6.23 |
| Retail Individual Investor (RII) | 11.86 |
| Total | 9.21 |
* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.
IPO Registrar
Bigshare Services Private Limited
Phone: +91 22-62638200
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com
Company Promoters
- MUKESH KESHUBHAI THUMAR
- BHAVNA MUKESH THUMAR
Lead Managers
- Inventure Merchant Banker Services Private Limited
Company Address
Paramatrix Technologies Limited
E-102, 1st Floor, Sanpada Railway Station Complex, Sanpada, Navi Mumbai - 400705, Maharashtra, India
Phone: +91 22 4151 8700
Email: cs@paramatrix.com
Website: www.paramatrix.com
FAQs
- What is the issue size of the Paramatrix Technologies SME IPO?The Paramatrix Technologies SME IPO has an issue size of ₹33.84 crore. This includes a fresh issue of 27,58,800 shares (₹30.35 crore) and an offer for sale (OFS) of 3,18,000 shares (₹3.50 crore).
- What is the price band of the Paramatrix Technologies IPO?The price band for the Paramatrix Technologies IPO is ₹110 per share.
- What are the bidding dates for the Paramatrix Technologies IPO?The Paramatrix Technologies IPO will open for bidding on 27 Aug 2024 and close on 30 Aug 2024.
- What is the allotment date for the Paramatrix Technologies IPO?The allotment date for the Paramatrix Technologies IPO is 02 Sep 2024.
- What is the listing date for the Paramatrix Technologies IPO?The listing date for the Paramatrix Technologies IPO is 04 Sep 2024.
- What is the Paramatrix Technologies IPO grey market premium?The grey market premium (GMP) for the Paramatrix Technologies IPO is currently at ₹0, with an expected listing gain of approximately 0%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.