Paramatrix Technologies Ltd |
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Registered Office: E-102 1st Flr Sanpada Railway-, Station Complex Sanpada, Navi Mumbai - 400705, Maharashtra |
Phone: +91 22 4151 8700 |
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 | ||
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Opens On | Closes On | Application | Allotment |
27-Aug-2024 | 30-Aug-2024 | ₹ 110.00 | ₹ 0.00 |
Minimum Application for shares in Nos : 1200.0 Further Multiples of : 1200.0 | ||
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(₹)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 | ₹110.00 |
Projects |
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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 |
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Mukesh Keshubhai Thumar |
Bhanva Mukesh Thumar |
Kalpana Struct-con Private Lim |
Listing At |
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NSE - SME |
Registrar to the Issue |
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