Paramatrix Technologies IPO GMP Today, Price Range, and Company DetailsParamatrix Technologies IPO GMP Today, Price Range, and Company Details

As of August 26, 2024, Paramatrix Technologies Limited IPO has a ₹0 as Grey Market Premium, with a price range of ₹110 per share. Offering lots of 1200 shares, the subscription window is open from August 27 to August 30, 2024. 

Paramatrix Technologies Limited IPO GMP Today

The Grey Market Premium (GMP) for Paramatrix Technologies Limited is ₹0 as of August 26, 2024. This assessment coincides with a price of ₹110 per share for the IPO.

Paramatrix Technologies Limited IPO Review

Paramatrix Technologies Limited’s financials show a modest revenue increase from ₹2,732.71 lakh in March 2022 to ₹2,799.48 lakh by March 2024, with a consistent rise in equity indicating potential growth. However, the profitability metrics such as PAT, EPS, and RoNW have declined, signalling potential challenges in maintaining profitability.

Despite growth in total assets suggesting expansion, the significant reductions in profit after tax, earnings per share, and return on net worth highlight efficiency issues. These trends raise concerns about the company’s ability to sustain investor returns amid its expansion efforts.

To get a full IPO review, click here Paramatrix Technologies IPO

Paramatrix Technologies Limited IPO Date

Paramatrix Technologies Limited will start accepting subscriptions from August 27 to August 30, 2024.

Paramatrix Technologies Limited IPO Price

Paramatrix Technologies Limited’s price range is at ₹110 per share with a face value of ₹10 each.

Paramatrix Technologies Limited

Paramatrix Technologies Limited, founded in 2004 and headquartered in Mumbai, is an ISO-certified IT firm specialising in custom software for enhancing operational efficiency in BFSI, retail, and manufacturing. It offers digital transformation and managed services, including application development, data management, and cybersecurity, supported by tools like INSIGHT, PERFORM, and PACE to boost enterprise productivity.

How To Apply For Paramatrix Technologies Limited IPO?

To apply for the Paramatrix Technologies Limited IPO through Alice Blue, follow these steps:

1. Open a Demat and Trading Account with Alice Blue if you don’t have one.

2. Access IPO details for Paramatrix Technologies Limited on the Alice Blue platform.

3. Place your bid for the desired number of shares within the IPO’s price range.

4. Confirm your information and submit your application quickly.

You can apply for the Paramatrix Technologies Limited IPO at Alice Blue in just a few clicks!