Paramount Dye Tec Limited IPO GMP

Paramount Dye Tec Limited, based in Ludhiana India, is a distinguished manufacturer of recycled synthetic yarn, Acrylic Fiber yarns, Hand knitting yarn and Fancy yarn with unparalleled technology that can produce high-quality sustainable managed by a team of seasoned professionals. Since its inception, Paramount Dye Tec has specialized in producing 100% recycled synthetic fiber and the yarns derived from it.

Paramount Dye Tec, an Book Built Issue amounting to ₹28.43 Crores, consisting entirely an Fresh Issue of 24.30 Lakh Shares. The subscription period for the Paramount Dye Tec IPO opens on September 30, 2024, and closes on October 03, 2024. The allotment is expected to be finalized on or about Friday, October 04, 2024, and the shares will be listed on the NSE SME with a tentative listing date set on or about Tuesday, October 08, 2024.

The Share price band Paramount Dye Tec IPO is set at ₹111 to ₹117 equity per share, with a minimum lot size of 1,200 shares. Retail investors are required to invest a minimum of ₹1,40,400, while the minimum investment for High-Net-Worth Individuals (HNIs) is 2 lots (1,400 shares), amounting to ₹2,80,800.

GRETEX CORPORATE SERVICES LIMITED is the book-running lead manager, BIGSHARE SERVICES PRIVATE LIMITED is the registrar for the Issue. Gretex Share Broking Limited is the sole Market Marker for the Paramount Dye Tec.

Paramount Dye Tec Limited IPO GMP Today
The Grey Market Premium of Paramount Dye Tec Limited IPO is expected to be ₹0 based on the financial performance 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.

Paramount Dye Tec Limited IPO Live Subscription Status Today: Real-Time Updates
As of 05:00 PM on 03 October 2024, the Paramount Dye Tec Limited IPO live subscription status shows that the IPO subscribed 46.63 times on its Third day of subscription period. Check the Paramount Dye Tec Limited IPO Live Subscription Status Today at NSE.

Paramount Dye Tec Limited IPO Allotment Date - Step by Step Guide to Check Allotment Status Online 
Paramount Dye Tec IPO allotment date is 04 October, 2024, Friday. Paramount Dye Tec IPO Allotment will be out on 4th October 2024 and will be live on Registrar Website from the allotment date. Check Paramount Dye Tec Limited IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select Paramount Dye Tec 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 Paramount Dye Tec Limited IPO
Paramount Dye Tec Issue Proceeds from the Fresh Issue will be utilized towards the following objects : 
a) ₹2,402.42 Lakhs will be used for Setting up of Manufacturing Unit 
b) ₹451.35 Lakhs will be used for Repayment/Prepayment of Certain Debt Facilities availed by the Company 
c) ₹114.42 Lakhs will be used for Expenses towards Registration of Land purchased from Promoter 
d) General Corporate Purposes

Refer to Paramount Dye Tec Limited RHP for more details about the Company.