Issue Price
₹110
Per Share
GMP
NIL
Grey Market
Est. Listing
₹110
Expected Price
Min. Application
₹264,000
2 lots × 1200 shares
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 Ltd proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 156,000 | — | ₹1.72 Cr | — |
| TOTAL | 3,076,800 | 100.00% | ₹33.84 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | ₹132,000 |
| Retail (Max) | 13 | 15,600 | ₹1,716,000 |
| sNII (Min) | 14 | 16,800 | ₹1,848,000 |
| bNII (Min) | 68 | 81,600 | ₹8,976,000 |
| Particulars | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue from Operations | 2859.93 | 3332.44 | 2824.66 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 413.17 | 707.56 | 678.94 |
| Net Worth | 3030.25 | 2996.50 | 2464.27 |
| Total Assets | 3354.20 | 3438.71 | 3062.57 |
| Reserves & Surplus | 2155.25 | 2961.55 | 2429.27 |
| Total Borrowings | N/A | N/A | N/A |