Paramatrix Technologies Limited IPO GMP

At Paramatrix, they create cutting-edge technological solutions to empower businesses and individuals worldwide. Established with a vision to use technology for good, they strive to deliver solutions across sectors and geographies and drive a positive change in the digital landscape.

Paramatrix, a Fixed Price Issue amounting to ₹30.34 crores, consisting a Fresh Issue of 27.58 Lakh Shares worth ₹30.34 Crores and an Offer for Sale of 3.18 Lakh Shares totaling to ₹3.49 Crores. The subscription period for the Paramatrix IPO opens on August 27, 2024, and closes on August 30, 2024. The allotment is expected to be finalized on or about September 02, 2024; Monday, and the shares will be listed on the NSE SME with a tentative listing date set on or about September 03, 2024; Tuesday.

The Share price of Paramatrix IPO is set at ₹110 equity per share, with a minimum lot size of 1,200 shares. Retail investors are required to invest a minimum of ₹132,000, while the minimum investment for High-Net-Worth Individuals (HNIs) is 2 lots (2,400 shares), amounting to ₹264,000.

Inventure Merchant Banker Services Private Limited is the book-running lead manager, Bigshare Services Private Limited is the registrar for the Issue. SVCM Securities Private Limited will act as the Market Maker for the Paramatrix Technologies IPO.

Paramatrix Technologies Limited IPO GMP Today
The Grey Market Premium of Paramatrix Technologies Limited IPO is expected in the range of ₹40 to ₹45 based on the financial performance and subscription status of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only.

Paramatrix Technologies Limited IPO Allotment Status
Paramatrix IPO allotment date is 02 September, 2024, Monday. Paramatrix IPO Allotment will be out on 02nd September 2024 and will be live on Registrar Website from the allotment date. Check Paramatrix Technologies Limited IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select Paramatrix Technologies Limited IPO from the dropdown list of IPOs.
- Enter your application number, PAN, or DP Client ID.
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.

Objectives of Paramatrix Limited IPO
Paramatrix Issue Proceeds from the Fresh Issue will be utilized towards the following objects : 
1. ₹939.72 Lakhs is required for Capital Expenditure for building their Infrastructure; 
2. ₹652.80 Lakhs is required for Investment in their suite of accelerators to enhance their service offerings; 
3. ₹614.91 Lakhs is required for Geographical expansion in Middle East and East Asia; and 
4. ₹717.25 Lakhs is required for General Corporate Purposes

Refer to Paramatrix Technologies Limited RHP for more details about the Company.