Paramatrix Technologies Limited
ListedSMEInformation Technology · NSE
Paramatrix Technologies Limited, established in 2004, provides software solutions and technology services to large and mid-sized businesses. They help companies with digital transformation through services like app development, data management, and cloud security. Their in-house tools include INSIGHT for data analytics, PERFORM for employee performance tracking, and BULWARK for cloud security. Paramatrix also offers managed services like app maintenance, cybersecurity, and cloud support. With 182 employees as of March 31, 2024, they serve clients across industries like banking, retail, manufacturing, and more.
Price Band
₹110
Issue Size
₹33.84 Cr
Lot Size
1200 shares
GMP
—
Est. Listing
₹110
at current GMP
Subscribed
9.10x
overall
Open
27 Aug 2024
Close
30 Aug 2024
Allotment
2 Sep 2024
Refund
3 Sep 2024
Demat Credit
4 Sep 2024
Listing
4 Sep 2024
Last updated 12 days ago
Official Registrar Verification
Paramatrix Technologies Limited Allotment Status
Designated Registrar: Bigshare Services Private Limited
Allotment Date
2 Sep 2024
Basis finalization
Refunds Initiate
3 Sep 2024
Mandate release
Demat Credit
4 Sep 2024
Shares in demat
Listing Debut
4 Sep 2024
Trading begins
How to Check Paramatrix Technologies Limited IPO Allotment Status
- Click the Check on Registrar button above to visit Bigshare Services Private Limited's allotment portal.
- Select Paramatrix Technologies Limited from the dropdown company list.
- Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
- Enter your details accurately and solve the Captcha code.
- Click Submit / Search to view the number of shares applied and allotted to you.
About Paramatrix Technologies Limited Public Issue & Market Profile
Paramatrix Technologies Limited is bringing an initial public offering (IPO) in the Information Technology sector with an aggregate issue size of ₹33.84 Crores. The shares are offered at a price band of ₹110 to ₹110 per equity share on NSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
Public Issue & Allotment Procedure:
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Official Allotment Timelines & Registrar Guidance:
Following the close of bidding on 2024-08-30, the basis of allotment is scheduled to be finalized on 2024-09-02. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Bigshare Services Private Limited) or the BSE allotment checking window.
Frequently Asked Questions
What if my name is not showing on the registrar portal?
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
How will I receive the refund if I don't get allotment?
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.