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Paramatrix Technologies Limited IPO Sees 2.27x Subscription on Day 2! 

News by Aliceblue News Desk

28 Aug 2024

Paramatrix Technologies Limited IPO Sees 2.27x Subscription on Day 2! 

Paramatrix Technologies IPO saw varied demand on Day 2, with a subscription rate of 2.27 times. This reflects significant investor interest and confidence in the company’s prospects, indicating a generally positive market sentiment towards the offering.

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Paramatrix Technologies IPO Subscription Status

Paramatrix Technologies’ IPO had a strong debut on Day 1, with the issue being subscribed 0.82 times. This indicates solid investor confidence and a favorable market reception for the company’s initial public offering.

How to check Paramatrix Technologies IPO Subscription Status?

Steps to check Paramatrix Technologies Limited IPO subscription status on NSE

Following are the steps to check it through the NSE website

  • Visit NSE‘s official website.
  • Navigate to the ‘Market Data’ tab.
  • Choose ‘IPO’.
  • Select the ‘Paramatrix Technologies Limited IPO’ to check its subscription status.
  • Opt for either NSE Bid details or Consolidated Bid details.
  • Explore the total number of bids received from various investors. 

Paramatrix Technologies Limited IPO Allotment Status

The allotment date for the Paramatrix Technologies Limited IPO is set for September 2, with shares priced at ₹110 per share and a face value of ₹10. The offering consists of lots of 1200 shares, with bids accepted for these lots or their multiples.

Paramatrix Technologies Limited IPO Listing Date 

Paramatrix Technologies Limited IPO is expected to be listed on the NSE SME on September 4, 2024.

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