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Paramatrix Technologies Ltd

Paramatrix Technologies Ltd

    Registered Office : E-102 1st Flr Sanpada Railway-,Station Complex Sanpada,Navi Mumbai Maharashtra 400705 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

Opens On

Closes On

27-Aug-2024

30-Aug-2024

Money Payable On

Application

Allotment

110.00

0.00

Minimum Application for shares in Nos : 1200.0 Further Multiples of : 1200.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

29.25

33.84

11.51

110.00

Inventure Merchant Banker Services Pvt Ltd

Projects
  • Capital Expenditure for building its infrastructure
  • Investment in its suite of accelerators to enhance its services offerings
  • Geographical expansion in Middle East and East Asia
  • General 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