Paramount Dye Tec IPO Overview
The Paramount Dye Tec IPO is set to launch on September 30, 2024, aiming to raise approximately ₹28.43 crores. This SME IPO features a price band between ₹111 and ₹117 per share, with a minimum market lot of 1,200 shares.
Company Background
Based in Village Mangarh, Machiwara Road, Kohara, Ludhiana, Punjab (141112), India, Paramount Dye Tec Limited is at the forefront of yarn manufacturing by recycling synthetic waste. The company is integral to the B2B segment of the textile industry, producing a variety of products such as acrylic, polyester, nylon, wool, hand-knitting yarns, and acrylic blend yarns. Paramount Dye Tec is committed to sustainability and environmental responsibility, utilizing innovative techniques and advanced technology to transform pre-consumer waste into premium quality yarns and fibers. The company’s dedication to quality is demonstrated through its ISO 9001:2015 and Good Manufacturing Practice (GMP) certifications, ensuring a robust Quality Management System is in place.
Paramount Dye Tec IPO Details
| IPO Open Date: | September 30, 2024 |
| IPO Close Date: | October 3, 2024 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹111 to ₹117 Per Share |
| Issue Size: | Approximately ₹28.43 Crores |
| Fresh Issue: | Approximately ₹28.43 Crores |
| Issue Type: | Book Built Issue |
| IPO Listing: | NSE SME |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
Paramount Dye Tec IPO Timeline
| IPO Open Date: | September 30, 2024 |
| IPO Close Date: | October 3, 2024 |
| Basis of Allotment: | October 4, 2024 |
| Refunds: | October 7, 2024 |
| Credit to Demat Account: | October 7, 2024 |
| IPO Listing Date: | October 8, 2024 |
Paramount Dye Tec IPO GMP and Market Insights
What is Paramount Dye Tec IPO GMP Today?
As of today, the Paramount Dye Tec IPO GMP is ₹5.
What is the Kostak Rate for Paramount Dye Tec IPO Today?
The current Kostak Rate is ₹-.
What is the Subject to Sauda Today for Paramount Dye Tec IPO?
The Subject to Sauda value is ₹5,000.
What are the Expected Returns for Paramount Dye Tec IPO?
The expected returns for the Paramount Dye Tec IPO are approximately 4%.
Important Disclaimer
- The IPO Grey Market Premium mentioned is valid for the specific date indicated.
- We do not engage in the buying or selling of IPO forms in the Grey Market.
- Kostak Rate refers to the premium earned by selling one’s IPO application in an off-market transaction.
- Investors are advised to consider the fundamentals of the company rather than solely focusing on the premium price, which can fluctuate before the listing.
