Paramount Dye Tec Ltd IPO
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Paramount Dye Tec Ltd IPO Details
Details
| Total Shares Offered | Offer to Public | Retail Max (Shares) | Pre Issue Promoters Holding | Exchange | Issue size |
|---|---|---|---|---|---|
| ₹ 24.3 L | TBA | ₹ 8.09 L | ₹ 45.11 L | NSE | ₹ 28.43 Cr |
| IPO Open Date | Close Date | Lot Size | Min Investment | Issue Type | Listing Date |
| 30 Sep, 24 | 03 Oct, 24 | 1200 | ₹ 1,33,200 | Book Building - SME | 08 Oct, 24 |
Paramount Dye Tec Ltd IPO Dates
Details
| Sector | Type |
|---|---|
| Sector | Textiles - Spinning - Synthetic |
| Sub Sector | Blended |
| Issue Type | Book Building - SME |
Subscription Status
*Values are in Lakhs
| Investor Type | Subscription Times | Shares Offered* | Shares Bid* |
|---|---|---|---|
| QIB | 4.09x | 1152000 | 4708800 |
| NII | 135.66x | 346800 | 47048400 |
| Retail | 36.26x | 808800 | 29328000 |
| Employee | 0x | 0 | 0 |
| Total | 33.37x | 2430000 | 81085200 |
Subscription Status
Investor Type
QIB
NII
Retail
Employee
Total
*Values are in Lakhs
Paramount Dye Tec Ltd Financial Status
Income Statement
Balance Sheet
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Revenue from operations | 4.91 | TBA | TBA |
| EBITDA | 5.08 | TBA | TBA |
| PAT | 3.54 | TBA | TBA |
| Total Assets | 38.59 | TBA | TBA |
| Share Capital | 0.02 | TBA | TBA |
| Total Borrowings | 13.86 | TBA | TBA |
| Operating Activities (Net Cash) | 3.71 | TBA | TBA |
| Investing Activities (Net Cash) | 0.00 | TBA | TBA |
| Financing Activities (Net Cash) | 13.86 | TBA | TBA |
| Net Cashflow | 12.39 | TBA | TBA |
Particulars (in Rs. Crores)
Revenue from operations
EBITDA
PAT
Total Assets
Share Capital
Total Borrowings
Operating Activities (Net Cash)
Investing Activities (Net Cash)
Financing Activities (Net Cash)
Net Cashflow
About Paramount Dye Tec Ltd
Our Company was initially established as Partnership Firm under the Partnership Act, 1932 (Partnership Act) in the name and style of Paramount Dye Tec pursuant to Deed of Partnership dated January 03, 2014, effective from January 01, 2014. Paramount Dye Tec was thereafter converted from Partnership Firm to a Public Limited Company under Part I chapter XXI of the Companies Act, 2013 with the name and style of Paramount Dye Tec Limited and received a Certificate of Incorporation from the Registrar of Companies, Central Registration Centre dated January 04, 2024. The Corporate Identification Number of the Company is U13997PB2024PLC060422.
India's textiles sector is one of the oldest industries in the Indian economy, dating back to several centuries. The industry is extremely varied, with hand-spun and hand-woven textiles sectors at one end of the spectrum, with the capital-intensive sophisticated mills sector at the other end. The fundamental strength of the textile industry in India is its strong production base of a wide range of fibre/yarns from natural fibres like cotton, jute, silk and wool, to synthetic/man-made fibres like polyester, viscose, nylon and acrylic.
We PDTL are a waste recycling fiber & yarn manufacturing Company catering to B2B segment of the Textile industry based out in Ludhiana, Punjab. We offer a diverse range of products including synthetic fiber and yarns which includes acrylic yarn, polyester yarn, wool yarn, hand-knitting yarn and acrylic blend yarn with quality, finer impact, and lasting excellence. We are an ISO 9001:2015 and Good Manufacturing Practice (GMP) certified organization.
Peer Comparison:
- No Listed Industry Peers
Paramount Dye Tec Ltd IPO Key Points
Strengths
- Use of recycled synthetic waste as raw materials.
- Margin Benefits.
- Custom Solutions.
- Value Addition through Enhanced Spinning Capacity.
- Cost-effective products.
Risk
- The company operates in a heavily regulated sector and its operations are subject to environmental, health and safety regulations that could expose it to liability, increase its cost of operations or otherwise have a material adverse effect on its results of operations and could also result in enhanced compliance obligations.
- Majority of its revenue is dependent on single business segment i.e. manufacturing of fiber and yarns. Any adverse impact on sales of a product would adversely affect its operations and profitability.
- Its business depends on the company manufacturing facility and the loss of or shutdown of operations of the manufacturing facility on any grounds could adversely affect its business or results of operations. Further, the company's business involves usage of manpower and any unavailability of its employees or any strikes, work stoppages may have an adverse impact on its cash flows and results of operations.
Strategy
- Venturing into new market using cotton cloth cutting.
- The yarn can be dyed into any shade.
- We guarantee a consistent ratio of cotton and polyester.
- We effectively utilize waste from cotton spinning plants.
- Our products are economically priced compared to virgin yarns, enhancing their appeal in the market.
- Use of recycled synthetic waste as raw materials.
- Margin Benefits.
- Custom Solutions.
- Value Addition through Enhanced Spinning Capacity.
- Cost-effective products.
How To Apply for Paramount Dye Tec Ltd IPO Online?
Step 1:
Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.
Step 2:
From the list of open IPOs, select the IPO you want to invest.
Step 3:
Go through the IPO details like lot size, price band, about the company, etc.
Step 4:
Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.
Step 5:
Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.