Paramount Dye Tec IPO

Paramount Dye Tec Ltd

₹1,33,200 /1200 sharesMinimum Investment

Paramount Dye Tec IPO Listing Details

Listed OnIssue PriceListing PriceListing Gains
--₹117.00₹109.90-₹7.10 (6.07%)

Paramount Dye Tec IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
30 Sep ‘24 - 3 Oct ‘24₹1,33,2001,200₹111 - ₹117
Issue SizeIPO Doc
28.43Cr
RHP PDF

Subscription rate

As of 03 Oct'24, 05:00 PM
Qualified Institutional Buyers0x
Non-Institutional Investor0x
Retail Individual Investor0x
Total46.1428571428571x

About Paramount Dye Tec

Paramount Dye Tec is a manufacturer of yarns. The company manufactures yarns through the recycling of synthetic waste fibres and specifically caters to the B2B sector within the textile industry. The product line-up of the company includes acrylic, polyester, nylon, wool, hand-knitting, and acrylic blend yarns. Paramount Dye Tec operates from its manufacturing facility located in Punjab.;
Founded in
2014
Managing director
Mr. Kunal Arora
Parent organisation
Paramount Dye Tec Ltd

Strengths & Financials of Paramount Dye Tec

Strengths
Risks
Paramount Dye Tec is ISO 9001:2015 certified for quality management systems and is also good manufacturing process (GMP) certified.
To diversify its product offerings, the company claims to have upgraded its machinery and production processes. This enhancement will allow for an expanded product range, including yarn blends of acrylic cotton, cotton polyester, polyester viscose, and acrylic, suitable for heavy GSM t-shirts, shorts, polos, and lowers.
The company channels extra raw materials to its trading business. Currently, the company trades primarily in acrylic cloth, along with items such as blended yarn, nylon, and polyester yarns, including acrylic yarn. It also engages in trading in knitted cloth and raw wool.
The company claims to source recycled synthetic waste from both local and international suppliers.
The company has seen a consistent increase in profit after tax (PAT) over the past few years. PAT increased from Rs 0.16 crore in FY22 (partnership firm) to Rs 3.16 crore in FY23 (partnership firm) to Rs 3.54 crore in FY24 (public limited company).

Paramount Dye Tec Financials

*All values are in Rs. Cr
No Graph Data To Display

Application Details of Paramount Dye Tec IPO

Apply asPrice bandApply upto
Regular111 - 117₹2 Lakh
High Networth Individual111 - 117₹2 - 5 Lakh
For Paramount Dye Tec IPO, eligible investors can apply as Regular.
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