Paramount Dye Tec Limited IPO

Paramount Dye Limited plans an IPO for 24,30,000 shares worth INR 28.43 crores to fund a new manufacturing facility, repay borrowings, and cover corporate needs.

Important Details

Open Date : September 30, 2024 Close Date : October 3, 2024 Allotment Date: October 4, 2024 Listing Date: October 8, 2024

Important Details

IPO Price: INR 111-117 per share Lot Size: 1200 Shares Total Issue Size: INR 28.43 crores

Fundamental Analysis

Paramount Dye Tec IPO shows mixed performance: 1. Positive Revenue growth, profitability & equity. 2. Improved margins, controlled expenses. 3. Increased assets, equity, stable NAV.

Peer Comparison

Paramount Dye Tec Limited IPO Peer Comparison: 1. Performance data available for 3 months only. 2. Cannot be compared to other listed peers.

Objective

Paramount Dye Tec IPO Funds: 1. New facility: INR 16 crores. 2. Repay loans: INR 4.50 crores. 3. Land registration: INR 1 crore. 4. General purposes: Remaining funds.

Risks And Challenges

Paramount Dye Tec IPO Risks: 1. Highly regulated sector, potential cost increases. 2. Revenue concentration: 70% reliant on fiber and yarn. 3. Geographical concentration: Operations solely in Punjab.