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Paramount Dye Tec Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Paramount Dye Tec Ltd IPO

Registered Office: Village Mangarh,Machiwara Road Kohara , Ludhiana - 141112 , Punjab , India.
Phone : +91 90568 55519   Fax:
Email :  info@paramountdyetec.com  
Website :  www.paramountdyetec.com
Initial public offer of upto 24,30,000* equity shares of face value of (Rs)10.00 each ("Equity Shares") of Paramount Dye Tec Limited (the "Company" or the "Issuer") for cash at a price of (Rs)117 per equity share including a share premium of (Rs)107 per equity share (the "Issue Price") aggregating to (Rs)28.43 crores ("The Issue"). The issue includes a reservation of upto 1,22,400 equity shares aggregating to (Rs)1.43 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of upto 23,07,600 equity shares aggregating to (Rs)27.00 crores (the "Net Issue"). Price Band (Rs)117 per equity share of face value of (Rs)10 each. The Floor Price is 11.70 times of the face value of the equity shares.

Issue Money Payable On
Opens On Closes On Application Allotment
30-Sep-24 03-Oct-24 (Rs)117.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :1200  Further Multiples of :1200

  (Rs Cr) Lead Managers to the Issue
Project Cost 0.00
Gretex Corporate Services Ltd
Project Financed through Current Offer 28.43  
Post Issue Equity Share Capital 6.94  
Issue Price (Rs)117.00  
 
Projects
Setting up of Mfg unitExpensed towards registry of land purchased from promoters
Repaymnet/prepayment of certain debt facilities availed by the companyGeneral corporate purposes
Promoted By
Kunal Arora  
Palki Arora  
Listing At
NSE - SME 
Registrar to the Issue
Bigshare Services Pvt Ltd