Paramount Dye Tec Ltd
Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Paramount Dye Tec Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
IPO Snapshot
Key metrics and details at a glance.
Price Band
₹117
Per ShareLot Size
1200 Shares
Minimum Investment
₹1,40,400
Issue Size
₹28.43 Cr
Face Value
₹10
Per ShareIPO Type
Book Building - SME
Retail Quota
35%
QIB Quota
50%
NII Quota
15%
IPO Timeline
Important dates for your applying strategy.
Subscription Status
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
Paramount Dye Tec Ltd
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
99.97%
Promoter Holding (Post-Issue)
64.97%
Issue Type
Book Building - SME
ISIN
INE0TG801013
About the Company
We "PDTL" are a waste recycling fiber & yarn manufacturing Company catering to B2B segment of the Textile industry based out in Ludhiana, Punjab. We offer a diverse range of products including synthetic fiber and yarns which includes acrylic yarn, polyester yarn, wool yarn, hand-knitting yarn and acrylic blend yarn with quality, finer impact, and lasting excellence. We are an ISO 9001:2015 and Good Manufacturing Practice (GMP) certified organization.
Industry Overview
India's textiles sector is one of the oldest industries in the Indian economy, dating back to several centuries. The industry is extremely varied, with hand-spun and hand-woven textiles sectors at one end of the spectrum, with the capital-intensive sophisticated mills sector at the other end. The fundamental strength of the textile industry in India is its strong production base of a wide range of fibre/yarns from natural fibres like cotton, jute, silk and wool, to synthetic/man-made fibres like polyester, viscose, nylon and acrylic.
Company History
Our Company was initially established as Partnership Firm under the Partnership Act, 1932 ("Partnership Act") in the name and style of "Paramount Dye Tec" pursuant to Deed of Partnership dated January 03, 2014, effective from January 01, 2014. Paramount Dye Tec was thereafter converted from Partnership Firm to a Public Limited Company under Part I chapter XXI of the Companies Act, 2013 with the name and style of "Paramount Dye Tec Limited" and received a Certificate of Incorporation from the Registrar of Companies, Central Registration Centre dated January 04, 2024. The Corporate Identification Number of the Company is U13997PB2024PLC060422.
Growth Strategy
- Venturing into new market using cotton cloth cutting.
- The yarn can be dyed into any shade.
- We guarantee a consistent ratio of cotton and polyester.
- We effectively utilize waste from cotton spinning plants.
- Our products are economically priced compared to virgin yarns, enhancing their appeal in the market.
- Increasing manufacturing capacity.
Financial Performance
Revenue, profit after tax and total assets across the last 2 reported financial years.
Revenue
Amount in ₹ crore
Profit After Tax (PAT)
Amount in ₹ crore
Total Assets
Amount in ₹ crore
Figures in ₹ crore, on a standalone basis, as reported for FY24 to FY25.
Objects of the Issue
How the company plans to utilize IPO proceeds.
Use of Proceeds
The funds raised through this IPO will be used for:
Initial public offer of upto 24,30,000* equity shares of face value of Rs. 10.00 each ("Equity Shares") of Paramount Dye Tec Limited (the "Company" or the "Issuer") for cash at a price of Rs. 117 per equity share including a share premium of Rs. 107 per equity share (the "Issue Price") aggregating to Rs. 28.43 crores ("The Issue"). The issue includes a reservation of upto 1,22,400 equity shares aggregating to Rs. 1.43 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of upto 23,07,600 equity shares aggregating to Rs. 27.00 crores (the "Net Issue"). Price Band Rs. 117 per equity share of face value of Rs. 10 each. The Floor Price is 11.70 times of the face value of the equity shares.
*Subject to approvals and market conditions.
Strengths & Risks
Key competitive advantages and factors to consider before investing.
- Use of recycled synthetic waste as raw materials.
- Margin Benefits.
- Custom Solutions.
- Value Addition through Enhanced Spinning Capacity.
- Cost-effective products.
- The company operates in a heavily regulated sector and its operations are subject to environmental, health and safety regulations that could expose it to liability, increase its cost of operations or otherwise have a material adverse effect on its results of operations and could also result in enhanced compliance obligations.
- Majority of its revenue is dependent on single business segment i.e. manufacturing of fiber and yarns. Any adverse impact on sales of a product would adversely affect its operations and profitability.
- Its business depends on the company manufacturing facility and the loss of or shutdown of operations of the manufacturing facility on any grounds could adversely affect its business or results of operations. Further, the company's business involves usage of manpower and any unavailability of its employees or any strikes, work stoppages may have an adverse impact on its cash flows and results of operations.
- The Company is dependent on a few suppliers for purchases of product/service. The loss of any of these large suppliers may affect its business operations.
- Too much Geographical concentration of its Business in one location can impact the company's Business.