Paramount Dye Tec SME IPO Details, Financials, Valuation & Peers
Explore Paramount Dye Tec IPO details, including IPO dates, financial statements, valuation, peer comparison and more.
Overview
Paramount Dye Tec Limited (PDTL) is a Ludhiana-based company that specializes in the manufacturing of yarns through the recycling of synthetic waste fibers, serving the B2B segment of the textile industry. PDTL offers a diverse range of products, including acrylic, polyester, nylon, wool, and hand-knitting yarns, as well as acrylic blend yarns, catering to the increasing demand for sustainable, high-quality materials in the textile industry. The company utilizes advanced technology to recycle pre-consumer synthetic waste fibers into premium yarns, positioning itself as a leader in circular fashion. Paramount Dye Tec operates from a state-of-the-art manufacturing facility in Punjab, focusing on both quality and sustainability. PDTL has expanded its production capabilities to offer year-round products, including yarns for summer garments, diversifying beyond its winter-focused portfolio.
Key Points:
- Production: Specializes in recycling synthetic waste fibers to create yarn, contributing to sustainability in the textile industry.
- Product Range: Offers acrylic, polyester, nylon, wool, and blend yarns for winter and summer apparel, including heavy GSM t-shirts, shorts, and thermal wear.
- Facility: Operates a modern manufacturing plant in Punjab with advanced processing capabilities and a robust quality control system.
- B2B Focus: Serves a broad client base in the textile industry, from SMEs to multinational companies, meeting the demands of sustainable and circular fashion.
- Trading Activities: In addition to manufacturing, PDTL engages in trading activities when bulk orders arise or surplus raw materials are available.
Objects of the Issue
- Setting up of Manufacturing Unit
- Repayment/Prepayment of Certain Debt Facilities availed by the Company
- Expenses towards Registration of Land purchased from Promoter
- General Corporate Purposes
IPO Details
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| Fields | Details |
|---|---|
| IPO Dates | 30 Sep - 03 Oct 2024 |
| IPO Price Band | ₹111 - ₹117 per share |
| Fresh Issue | 24,30,000 shares |
| Offer For Sale | NIL |
| Total IPO Size | ₹28.43 crore |
| Face Value | ₹10 |
| Listing On | NSE |
IPO Timeline
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| Event | Date |
|---|---|
| IPO Opening Date | 30 Sep 2024 |
| IPO Closing Date | 03 Oct 2024 |
| Basis Of Allotment | 04 Oct 2024 |
| Refunds | 07 Oct 2024 |
| Demat Transfer | 07 Oct 2024 |
| IPO Listing Date | 08 Oct 2024 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31st March 2021 | 31st March 2022 | 31st March 2023 | 31st March 2024 |
|---|---|---|---|---|
| Total Income | 16.91 | 23.67 | 46.00 | 53.24 |
| Total Expenses | 16.66 | 23.50 | 40.79 | 44.22 |
| Net Profit/Loss | 15.94 | 15.94 | 3.16 | 6.33 |
| NPM (*) | 0.94 | 0.67 | 6.87 | 11.93 |
| Total Assets | 9.42 | 14.58 | 18.30 | 55.50 |
| Total Liabilities | 7.04 | 12.0 | 12.76 | 25.18 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Valuation
Uncover significant valuation metrics such as EPS (Earnings Per Share), ROE (Return on Equity), ROCE (Return on Capital Employed), D/E Ratio (Debt-to-Equity Ratio), Current Ratio, and EBITDA Margin. These key indicators offer insights into the company's financial standing and performance, aiding in informed investment decisions.
| Period Ended | 31st March 2021 | 31st March 2022 | 31st March 2023 | 31st March 2024 |
|---|---|---|---|---|
| EPS | NA | NA | NA | 7.86 |
| ROE (%) | 7 | 6 | NA | 11.68 |
| ROCE (%) | 11.33 | 12.28 | 70.0 | 16.53 |
| D/E Ratio | 2.32 | 3.47 | 1.75 | 0.54 |
| Current Ratio | 1.12 | 1.07 | 1.34 | 1.58 |
| EBITDA MARGIN (%) | 3.65 | 4.90 | 13.27 | 19.51 |
* Compiled from DRHP/RHP for valuation purposes.
Peer Comparison
No listed peers available for comparison.
Subscription Data from NSE and BSE
| Investor Type | Subscribed |
|---|---|
| Qualified Institutional Buyer (QIB) | 10.22 |
| Non-Institutional Investor (NII/HNI) | 135.31 |
| Retail Individual Investor (RII) | 36.26 |
| Total | 50.09 |
* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.
IPO Registrar
Bigshare Services Private Limited
Phone: +91 22-62638200
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com
Company Promoters
- MR. KUNAL ARORA
- MS. PALKI ARORA
Lead Managers
- GRETEX CORPORATE SERVICES LIMITED
Company Address
Paramount Dye Tec Limited
Village Mangarh, Machiwara Road, Kohara, Ludhiana - 141112, Punjab, India
Phone: +91 9056855519
Email: info@paramountdyetec.com
Website: www.paramountdyetec.com
FAQs
- What is the issue size of the Paramount Dye Tec SME IPO?The Paramount Dye Tec SME IPO has an issue size of ₹28.43 crore. This includes a fresh issue of 24,30,000 shares and an offer for sale (OFS) of NIL.
- What is the price band of the Paramount Dye Tec IPO?The price band for the Paramount Dye Tec IPO is ₹111 - ₹117 per share.
- What are the bidding dates for the Paramount Dye Tec IPO?The Paramount Dye Tec IPO will open for bidding on 30 Sep 2024 and close on 03 Oct 2024.
- What is the allotment date for the Paramount Dye Tec IPO?The allotment date for the Paramount Dye Tec IPO is 04 Oct 2024.
- What is the listing date for the Paramount Dye Tec IPO?The listing date for the Paramount Dye Tec IPO is 08 Oct 2024.
- What is the Paramount Dye Tec IPO grey market premium?The grey market premium (GMP) for the Paramount Dye Tec IPO is currently at ₹5, with an expected listing gain of approximately 4.27%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.