Paramatrix Technologies Limited

Paramatrix Technologies is open for subscription from Tuesday, August 27, 2024, and closing on Friday, August 30, 2024. The price for this IPO is set at Rs 110 per share. Paramatrix Technologies’ IPO is offering a fixed price issue with a fresh issue of 27.58 lakh of equity shares and an OFS of 3.18 lakh of equity shares. The allotment for this new IPO is expected to be finalized on Monday, September 2, 2024. The listing of this IPO will be done on Wednesday, September 4, 2024, at NSE SME segment. The minimum lot size set for the retail category is 1 lot, i.e., 1200 shares. For retail investors, the minimum and maximum investment amount required is Rs 132,000. However, for the HNI category, the maximum lot size is 2 lots, i.e., 2,400 shares amounting to Rs 264,000. The IPO is managed by Inventure Merchant Banker Services Private Limited, which is the book-running lead manager of this public issue. The company has appointed Bigshare Services Private Limited as the registrar for the issue. In contrast, Svcm Securities is the market maker for the Paramatrix Technologies IPO.