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Paramount Dye Tec SME IPO Details, Financials, Valuation & Peers
By IPOBase •Last Updated on
Explore Paramount Dye Tec IPO details, including IPO dates, financial statements, valuation, peer comparison and more.
Status
Listed
Biding Dates
30 Sep - 03 Oct 2024
Price Range
₹111 - ₹117
Issue Size
₹28.43 crore
Listed Price
₹109.9-6.07%
Overview
Paramount Dye Tec Limited (PDTL) is a Ludhiana-based company that specializes in the manufacturing of yarns through the recycling of synthetic waste fibers, serving the B2B segment of the textile industry. PDTL offers a diverse range of products, including acrylic, polyester, nylon, wool, and hand-knitting yarns, as well as acrylic blend yarns, catering to the increasing demand for sustainable, high-quality materials in the textile industry. The company utilizes advanced technology to recycle pre-consumer synthetic waste fibers into premium yarns, positioning itself as a leader in circular fashion. Paramount Dye Tec operates from a state-of-the-art manufacturing facility in Punjab, focusing on both quality and sustainability. PDTL has expanded its production capabilities to offer year-round products, including yarns for summer garments, diversifying beyond its winter-focused portfolio.
Key Points:
- Production: Specializes in recycling synthetic waste fibers to create yarn, contributing to sustainability in the textile industry.
- Product Range: Offers acrylic, polyester, nylon, wool, and blend yarns for winter and summer apparel, including heavy GSM t-shirts, shorts, and thermal wear.
- Facility: Operates a modern manufacturing plant in Punjab with advanced processing capabilities and a robust quality control system.
- B2B Focus: Serves a broad client base in the textile industry, from SMEs to multinational companies, meeting the demands of sustainable and circular fashion.
- Trading Activities: In addition to manufacturing, PDTL engages in trading activities when bulk orders arise or surplus raw materials are available.
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
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 | 30 Sep - 03 Oct 2024 |
| IPO Price Band | ₹111 - ₹117 per share |
| Fresh Issue | 24,30,000 shares |
| Offer For Sale | NIL |
| Total IPO Size | ₹28.43 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 | 30 Sep 2024 |
| IPO Closing Date | 03 Oct 2024 |
| Basis Of Allotment | 04 Oct 2024 |
| Refunds | 07 Oct 2024 |
| Demat Transfer | 07 Oct 2024 |
| IPO Listing Date | 08 Oct 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 | 16.91 | 23.67 | 46.00 | 53.24 |
| Total Expenses | 16.66 | 23.50 | 40.79 | 44.22 |
| Net Profit/Loss | 15.94 | 15.94 | 3.16 | 6.33 |
| NPM (*) | 0.94 | 0.67 | 6.87 | 11.93 |
| Total Assets | 9.42 | 14.58 | 18.30 | 55.50 |
| Total Liabilities | 7.04 | 12.0 | 12.76 | 25.18 |
* 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 | NA | NA | NA | 7.86 |
| ROE (%) | 7 | 6 | NA | 11.68 |
| ROCE (%) | 11.33 | 12.28 | 70.0 | 16.53 |
| D/E Ratio | 2.32 | 3.47 | 1.75 | 0.54 |
| Current Ratio | 1.12 | 1.07 | 1.34 | 1.58 |
| EBITDA MARGIN (%) | 3.65 | 4.90 | 13.27 | 19.51 |
* Compiled from DRHP/RHP for valuation purposes.
Peer Comparison
No listed peers available for comparison.
Subscription Data from NSE and BSE
| Investor Type | Subscribed |
|---|---|
| Qualified Institutional Buyer (QIB) | 10.22 |
| Non-Institutional Investor (NII/HNI) | 135.31 |
| Retail Individual Investor (RII) | 36.26 |
| Total | 50.09 |
* 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
- MR. KUNAL ARORA
- MS. PALKI ARORA
Lead Managers
- GRETEX CORPORATE SERVICES LIMITED
Company Address
Paramount Dye Tec Limited
Village Mangarh, Machiwara Road, Kohara, Ludhiana - 141112, Punjab, India
Phone: +91 9056855519
Email: info@paramountdyetec.com
Website: www.paramountdyetec.com
FAQs
- What is the issue size of the Paramount Dye Tec SME IPO?The Paramount Dye Tec SME IPO has an issue size of ₹28.43 crore. This includes a fresh issue of 24,30,000 shares and an offer for sale (OFS) of NIL.
- What is the price band of the Paramount Dye Tec IPO?The price band for the Paramount Dye Tec IPO is ₹111 - ₹117 per share.
- What are the bidding dates for the Paramount Dye Tec IPO?The Paramount Dye Tec IPO will open for bidding on 30 Sep 2024 and close on 03 Oct 2024.
- What is the allotment date for the Paramount Dye Tec IPO?The allotment date for the Paramount Dye Tec IPO is 04 Oct 2024.
- What is the listing date for the Paramount Dye Tec IPO?The listing date for the Paramount Dye Tec IPO is 08 Oct 2024.
- What is the Paramount Dye Tec IPO grey market premium?The grey market premium (GMP) for the Paramount Dye Tec IPO is currently at ₹5, with an expected listing gain of approximately 4.27%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.