Paramatrix Technologies IPO

Paramatrix Technologies Ltd

₹1,32,000 /1200 sharesMinimum Investment

Paramatrix Technologies IPO Listing Details

Listed OnIssue PriceListing PriceListing Gains
--₹110.00₹115.05₹5.05 (4.59%)

Paramatrix Technologies IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
27 Aug ‘24 - 30 Aug ‘24₹1,32,0001,200₹110 - ₹110
Issue SizeIPO Doc
33.84Cr
RHP PDF

About Paramatrix Technologies

Located in Mumbai, Paramatrix Technologies is an IT software services company that is engaged in developing software applications and technology solutions for mid- and large enterprises. The company has served clients in sectors such as BFSI, retail, manufacturing, sports, pharmaceuticals, and logistics. Paramatrix Technologies’ services can be divided into two categories: digital transformation services and managed services. Under Digital Transformation Services, the company provides application development and maintenance, solution architecture and design, enterprise data management, and data analytics. It also offers accelerators like INSIGHT for analysis, MIS, and reporting; PERFORM for employee performance management; EPPM, an enterprise framework for work allocation and scheduling; PACE, a middleware framework for centralised control; ITCS for managing employee share trading compliance; and DROANA, a virtual classroom platform. The managed services include cyber security services and support for cloud and data.;
Founded in
2004
Managing director
Mr. Mukesh Keshubhai Thumar
Parent organisation
Paramatrix Technologies Ltd

Strengths & Financials of Paramatrix Technologies

Strengths
Risks
The company holds ISO 9001:2015 certification for quality management systems and ISO 27001:2013 certification for information security management standards.
Paramatrix utilises its Paramatrix Application Core Engine, or PACE, framework to build and deploy digital applications at a fast pace. This rapid application development tool allows the company to cut time and cost for digital application development projects, with savings ranging from 20 to 60% depending on the project’s scale.
The company's ‘INSIGHT’ accelerator is designed for sectors such as banking, capital markets, broking, and financial services. It includes pre-built key performance indicators (KPIs) and data structures that facilitate streamlined decision support through comprehensive reports and dashboards. ‘INSIGHT’ reduces the need for business user involvement, thereby enhancing productivity and efficiency in related projects.

Paramatrix Technologies Financials

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

Application Details of Paramatrix Technologies IPO

Apply asPrice bandApply upto
Regular110 - 110₹2 Lakh
High Networth Individual110 - 110₹2 - 5 Lakh
For Paramatrix Technologies IPO, eligible investors can apply as Regular.
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