Founded in January 2014, Paramount Dye Tec Limited produces yarns by recycling waste synthetic fiber, catering to the B2B segment of the textile industry.
The company offers a range of products, including synthetic fiber and yarns such as acrylic, polyester, nylon, wool, hand-knitting, and acrylic blend yarns, known for their quality, durability, and lasting excellence.
The company has two manufacturing facilities situated in Village Mangarh and Village Koom Khurd, Punjab.
The company is ISO 9001:2015 and is a Good Manufacturing Practice (GMP) certified organization for a robust Quality Management System.
The company deals in acrylic cloth as well as other products such as blended yarn, nylon, polyester yarns, and acrylic yarn.
Competitive Strength
| Period Ended | 31 Mar 2024 | 31 Jan 2024 | ||||||||||||||||||
| Assets | 5,549.65 | 3,490.07 | ||||||||||||||||||
| Revenue | 2,367.9 | 2,955.91 | ||||||||||||||||||
| Profit After Tax | 354.09 | 278.65 | ||||||||||||||||||
| Net Worth | 3,032.06 | 1 | ||||||||||||||||||
| Reserves and Surplus | 3,029.81 | |||||||||||||||||||
| Total Borrowing | 1,627.37 | 2,247.76 | ||||||||||||||||||
| Amount in ₹ Lakhs | ||||||||||||||||||||
The market capitalization of Paramount Dye Tec IPO is Rs 81.23 Cr.
KPI as of March 31, 2024.
| KPI | Values |
|---|---|
| ROE | 11.68% |
| ROCE | 16.53% |
| Debt/Equity | 0.54 |
| RoNW | 11.68% |
| PAT Margin (%) | 15.06 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 7.85 | 5.1 |
| P/E (x) | 14.91 | 22.94 |
The Company intends to utilize the Net Fresh Issue Proceeds for the following Objects (“Objects of the Issue”):
| IPO Date | September 30, 2024 to October 3, 2024 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | ₹111 to ₹117 per share |
| Lot Size | 1200 Shares |
| Total Issue Size | 2,430,000 shares (aggregating up to ₹28.43 Cr) |
| Fresh Issue | 2,430,000 shares (aggregating up to ₹28.43 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 4,512,651 |
| Share holding post issue | 6,942,651 |
| Market Maker portion | 122,400 shares |
The promoters of the Company being Mr. Kunal Arora and Ms. Palki Arora.
| Share Holding Pre Issue | 99.97% |
| Share Holding Post Issue | 64.97% |
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Last Updated on September 29, 2024 Paramount Dye Tec Limited IPO Founded in January 2014, Paramount Dye Tec Limited produces yarns by recycling waste synthetic fiber, catering to the B2B
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