IPO - Check IPO Date, Price, Lot Size

Paramount Dye Tec Ltd IPO

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.

Paramount Dye Tec Ltd IPO Details

Total Shares Offered

₹ 24,30,000

Offer to Public

TBA

Retail Max (Shares)

₹ 8,08,800

Pre Issue Promoters Holding

₹ 45,11,445

Exchange

NSE

Issue size

₹ 28.43 Cr

IPO Open Date

Sep 30, 2024

Close Date

Oct 3, 2024

Lot Size

1200

Min Investment

₹ 1,33,200

Issue Type

Book Building - SME

Listing Date

Oct 8, 2024

Paramount Dye Tec Ltd IPO Dates

Sep 30, 2024

Opening date

Oct 3, 2024

Closing date

Oct 4, 2024

Basis of Allotment

Oct 7, 2024

Initiation of Refunds

Oct 7, 2024

Credit of Shares

Oct 8, 2024

Listing date

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*
QIB	0x	1152000
NII	0x	346800
Retail	0x	808800
Employee	0x	0
Total	0x	2430000

Investor Type

QIB

NII

Retail

Employee

Total

Subscription Times

1152000

346800

808800

2430000

Paramount Dye Tec Ltd Financial Status

Income Statement

Particulars (In Rs. Crores)

Balance Sheet

Particulars (In Rs. Crores)

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

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.

Peer Comparison:

No Listed Industry Peers

Paramount Dye Tec Ltd 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.

How To Apply for Paramount Dye Tec Ltd IPO Online?

Step 1:

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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.

FAQs on IPO (Initial Public Offering)

What is the issue size of the Paramount Dye Tec Ltd IPO?

Paramount Dye Tec Ltd's IPO offers shares for up to 28.43 It begins on Sep 30, 2024 and ends on Oct 3, 2024.

What is the price of the Paramount Dye Tec Ltd IPO?

The price of Paramount Dye Tec Ltd IPO ranges between ₹111 to ₹117 per share.

What are the open and close dates for the Paramount Dye Tec Ltd IPO?

The Paramount Dye Tec Ltd IPO opens on Sep 30, 2024 and closes on Oct 3, 2024.

When will the Paramount Dye Tec Ltd IPO be allotted?

The allotment for the Paramount Dye Tec Ltd IPO will be finalised on Oct 4, 2024. The shares will be listed on BSE and NSE on Oct 8, 2024.

What is the minimum lot size required for Paramount Dye Tec Ltd IPO?

The minimum lot size for Paramount Dye Tec Ltd IPO is 1200 shares, priced between ₹111 to ₹117 per share.

What is the GMP of Paramount Dye Tec Ltd IPO?

The GMP (Grey Market Premium) of Paramount Dye Tec Ltd IPO fluctuates based on market demand and sentiment.

How do you check the allotment status of Paramount Dye Tec Ltd IPO?

To check the allotment status of Paramount Dye Tec Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

Where is the Paramount Dye Tec Ltd IPO getting listed?

The Paramount Dye Tec Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Sep 30, 2024, and closes on Oct 3, 2024. The allotment is finalised on Oct 4, 2024.

How do you apply for the Paramount Dye Tec Ltd IPO?

To apply for the Paramount Dye Tec Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.