Village Mangarh
Machiwara Road
Kohara, Ludhiana - 141112
Phone: +91 9056855519
Email: info@paramountdyetec.com
Website: https://www.paramountdyetec.com/
Last updated on 03-Oct-2024 17:00:51
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIB | 460800 | 4708800 | 10.22 |
| NIB | 346800 | 47048400 | 135.66 |
| RETAIL | 808800 | 29328000 | 36.26 |
| Total | 1616400 | 81085200 | 50.16 |
| Retail Apps | 24440 | © IPO Premium | |
| HNI Interest Cost Per Share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹21.31 | @8% ₹24.35 | @9% ₹27.4 | @10% ₹30.44 | @11% ₹33.48 | @12% ₹36.53 |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 1200 | 140400 | 674 |
| HNI | 2 | 2400 | 280800 | 289 |
Paramount Dye Tec IPO Details
| Issue Size | 2,430,000 shares (aggregating up to ₹28.43 Cr) |
| Fresh Issue | 2,430,000 shares (aggregating up to ₹28.43 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 4,512,651 |
| Share holding post issue | 6,942,651 |
| Market Maker portion | 122,400 shares Gretex Share Broking |
Paramount Dye Tec IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50.00% of the Net Issue |
| Retail Shares Offered | Not less than 35.00% of the Net Issue |
| NII (HNI) Shares Offered | Not less than 15.00% of the Net Issue |
Key Performance Indicator
| KPI | Mar-24 |
|---|---|
| ROE | 11.68% |
| ROCE | 16.53% |
| RONW | 11.68% |
| D/E | 0.54 |
| EPS (basic) | 7.85 |
| P/E Pre IPO | 14.91 |
| P/E Post IPO | 22.94 |
Company Financials
Paramount Dye Tec Limited Financial Information (Restated)
| Period Ended | Mar-24 | Jan-24 |
|---|---|---|
| Assets | 5,549.65 | 3,490.07 |
| Revenue | 2,367.90 | 2,955.91 |
| Profit After Tax | 354.09 | 278.65 |
| Net Worth | 3,032.06 | 1 |
| Reserves and Surplus | 3,029.81 | |
| Total Borrowing | 1,627.37 | 2,247.76 |
| Amount in Lakhs | ||
About Company
Paramount Dye Tec Limited, founded in January 2014, specializes in producing high-quality yarns by recycling waste synthetic fiber, catering to the B2B segment of the textile industry. The company offers a diverse range of products, including acrylic, polyester, nylon, wool, hand-knitting, and acrylic blend yarns, recognized for their durability and excellence. Additionally, Paramount Dye Tec deals in acrylic cloth and various blended yarns. With two manufacturing facilities located in Village Mangarh and Village Koom Khurd, Punjab, the company adheres to international standards, holding ISO 9001:2015 and Good Manufacturing Practice (GMP) certifications, ensuring a robust Quality Management System for its operations.
Strength
Sustainable Raw Material Use: Utilizes recycled synthetic waste, promoting eco-friendly production.
Cost Efficiency: Gains a competitive edge by transforming waste into affordable, high-quality fiber and yarn.
Customization: Offers tailored yarn solutions to meet specific customer needs.
Weakness
Regulatory Compliance: Operating in a highly regulated sector, the company faces potential liabilities and increased costs due to environmental, health, and safety regulations.
Revenue Concentration: The Company’s reliance on a single business segment—fiber and yarn manufacturing—makes it vulnerable to any adverse impacts on product sales.
Operational Dependency: The business is heavily dependent on its manufacturing facilities and workforce, with risks including facility shutdowns or labor disruptions that could negatively impact operations and profitability.