The Paramount Dye Tec IPO is set to make waves in the market with a minimum market lot of 1,200 shares and an application amount of ₹140,400. This IPO is categorized as a Small and Medium Enterprises (SME) IPO and is expected to be listed on the National Stock Exchange (NSE).
Headquartered in Village Mangarh, Machiwara Road, Kohara, Ludhiana, Punjab, India, Paramount Dye Tec Limited specializes in the manufacturing of yarns through the recycling of waste synthetic fibers. The company serves the B2B segment of the textile industry, providing a wide array of high-quality products including acrylic yarn, polyester yarn, nylon yarn, wool yarn, hand-knitting yarn, and acrylic blend yarn. Their commitment to sustainability is apparent in their innovative processes, where they have developed advanced technology for recycling pre-consumer waste into premium yarn and fiber. As an ISO 9001:2015 and Good Manufacturing Practice (GMP) certified organization, Paramount Dye Tec adheres to stringent quality management standards, ensuring the durability and excellence of their products.
IPOWatch Perspective
We encourage investors to consider applying for the Paramount Dye Tec IPO with a long-term investment perspective. It is crucial for investors to examine the participation levels of Qualified Institutional Buyers (QIB), Non-Institutional Investors (NII), and Retail Individual Investors (RII) before making an investment decision.
Subscription Status for Paramount Dye Tec IPO – Day 3
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.00 | 0.00 | 10.22 |
| NII | 0.13 | 0.46 | 135.31 |
| RII | 0.75 | 2.82 | 36.26 |
| Total | 0.40 | 1.51 | 50.09 |
Investor Categories for Paramount Dye Tec IPO
- Qualified Institutional Buyers (QIB): Comprises financial institutions, banks, foreign institutional investors (FIIs), and mutual funds.
- Non-Institutional Investors (NII): Includes individual investors, non-resident Indians (NRIs), private companies, and trusts.
- Retail Individual Investors (RII): Refers to retail investors and NRIs participating in the IPO.
- Employee (EMP): Represents eligible employees of the company.
- Others: Encompasses eligible shareholders of the company.
Paramount Dye Tec IPO Review
With a dedication towards eco-friendly practices and a significant market opportunity, the Paramount Dye Tec IPO presents a compelling case for investors focusing on sustainable businesses and innovative technologies in the textile sector.
Applying for Paramount Dye Tec IPO
To apply for the Paramount Dye Tec IPO, you can utilize the Application Supported by Blocked Amount (ASBA) facility available through your bank. Log in to your online bank account, choose the Paramount Dye Tec IPO from the investment section, and submit your application. Alternatively, you can download the IPO form online, fill it out, and submit it through your bank or broker.
