What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the current subscription status of Paramatrix Technologies Limited IPO?

Paramatrix Technologies Limited IPO has received a total subscription of 9.10 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Paramatrix Technologies Limited

ListedSME

Information 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

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

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

9.10x

Total Demand

QIB Multiplier

0.00x

Institutions & Funds

NII / HNI

11.86x

High Net-Worth

Retail (RII)

0.00x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 9.10x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
QIB	—	9,256,800	0.00x
NIB	1,460,400	17,318,400	11.86x
RETAIL	1,460,400	—	0.00x
Total	2,920,800	26,575,200	9.10x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 9.20x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	897	8,163	9.10x
HNIs (10L +)	6	71	11.86x
HNIs (2-10L)	27	320	11.86x
Total Applications	930	8,554	9.20x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

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.

Bidding & Quota Instructions:

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.

Allotment Reconciliation Schedule:

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 is Paramatrix Technologies Limited IPO GMP today?

Currently, Paramatrix Technologies Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹110 to ₹110 per equity share.

What is the expected profit per lot for Paramatrix Technologies Limited IPO?

The retail lot size is 1200 shares requiring a minimum application amount of ₹1,32,000. Expected listing price is ₹110 per equity share.

What is the issue size and price band for Paramatrix Technologies Limited IPO?

The Paramatrix Technologies Limited IPO aggregate issue size is ₹33.84 Crores with an equity price band set at ₹110 to ₹110 per equity share. The retail lot size is 1200 shares requiring a minimum capital outlay of approx. ₹1,32,000.

How can I check Paramatrix Technologies Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 9.10x (Retail: 0.00x, QIB: 0.00x, NII: 11.86x). You can track live multiples directly on our dedicated subscription page.

Where and when will Paramatrix Technologies Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2024-09-02. Investors can verify status using PAN card or application number.

When is the listing date for Paramatrix Technologies Limited IPO?

Paramatrix Technologies Limited shares are scheduled to list on NSE on 2024-09-04.