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Paramatrix Technologies 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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Paramatrix Technologies Ltd IPO

Registered Office: E-102 1st Flr Sanpada Railway-,Station Complex Sanpada , Navi Mumbai - 400705 , Maharashtra , India.
Phone : +91 22 4151 8700   Fax:
Email :  cs@paramatrix.com  
Website :  www.paramatrix.com
Initial public offering of up to 30,76,800 equity shares of (Rs)10 each ("Equity Shares") of Paramatrix Technologies Limited ("PTL" or the "Company") for cash at a price of (Rs)110 per equity share (the "Offer Price"), aggregating to (Rs)33.84 crores ("The Offer"). Comprising of a fresh issue of up to 27,58,800 equity shares aggregating to (Rs)30.34 crores by the company ("Fresh Issue") and an offer for sale of up to 3,18,000 equity shares by Mukesh Keshubhai Thumar and Mahesh Pandurang Goriwale ("The Selling Shareholders") aggregating to (Rs)3.50 crores ("Offer for Sale").of the offer, 1,56,000 equity shares aggregating to (Rs)1.72 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The offer less the market maker reservation portion i.e. offer of 29,20,800 equity shares of face value of (Rs)10.00 each at an offer price of (Rs)110.00 per equity share aggregating to (Rs)32.13 crores is hereinafter referred to as the "Net Offer". The offer and the net offer will constitute 26.73% and 25.38%, respectively of the post offer paid up equity share capital of the company. The face value of the equity shares is (Rs)10.00 each and the offer price of (Rs)110.00 is 11.00 times of the face value.

Issue Money Payable On
Opens On Closes On Application Allotment
27-Aug-24 30-Aug-24 (Rs)110.00-0.00 (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 29.25
Inventure Merchant Banker Services Pvt Ltd
Project Financed through Current Offer 33.84  
Post Issue Equity Share Capital 11.51  
Issue Price (Rs)110.00  
 
Projects
Capital Expenditure for building its infrastructureGeographical expansion in Middle East and East Asia
Investment in its suite of accelerators to enhance its services offeringsGeneral Corporate Purposes
Promoted By
Mukesh Keshubhai Thumar  
Bhanva Mukesh Thumar  
Kalpana Struct-con Private Lim  
Listing At
NSE - SME 
Registrar to the Issue
Bigshare Services Pvt Ltd