Paramatrix Technologies IPO Allotment Status

Summary

Paramatrix Technologies NSE SME IPO has garnered a moderate response from investors, closing with a subscription of 9.21 times by 30th August 2024 at 5:43:59 PM (Day 4). The public issue witnessed varying demand across investor categories, with the Retail Investors category leading the charge. The Retail segment was subscribed 11.86 times, reflecting significant interest from individual investors.

The Non-Institutional Investors (NII) category demonstrated moderate engagement, subscribing 6.23 times. The overall subscription of 9.21 times indicates a decent level of interest in Paramatrix Technologies' offering, particularly among retail investors.

How to Check Paramatrix Technologies IPO Allotment Status:

How do you Check Paramatrix Technologies IPO Allotment Status on the Registrar's Site? 

Step 1: Visit the web gateway of Bigshare Services Pvt Ltd. (https://ipo.bigshareonline.com/) 

Step 2: From the selection menu, choose Paramatrix Technologies IPO. 

Step 3: Pick a mode from the following three: PAN ID, Demat Account number, or Application number 

Step 4: Choose "Application Type," then "ASBA" or "non-ASBA." 

Step 5: Enter the information relevant to the mode you have chosen. 

Step 6: For security reasons, please fill out the captcha accurately. 

Step 7: Click "Submit."

How to Check Paramatrix Technologies IPO Allotment Status on BSE? 

On the website of the Bombay Stock Exchange (BSE), investors who placed a bid for the Paramatrix Technologies IPO can monitor the allotment status: 

Step 1: Click on this link: https://www.bseindia.com/investors/appli_check.aspx 

Step 2: Click on "Issue Type" and choose "Equity." 

Step 3: Choose "Paramatrix Technologies Limited" from the dropdown menu under "Issue Name."

Step 4: Enter your application number. 

Step 5: Give the PAN ID. 

Step 6: Select 'I am not a robot' and press the search button.

How to Check IPO Allotment Status in a Bank Account? 

Log into your Internet Banking: Go to your bank's website or mobile app and log in. 

Explore IPO Section: Locate the "IPO Services" or "Application Status" sections by going to the IPO Section. You can find this under the investing or services tab. 

Offer Required Information: You might be asked to provide information like your PAN, application number, or other identifiers. 

Verify Allotment Status: An IPO allotment status that indicates the available shares for allocation should show up once you submit your information. 

Verify Status: To ensure accuracy, you can verify the status with the IPO Registrar or use other resources.

How to Check IPO Allotment Status in a Demat Account? 

Open Your Demat Account and Log in: To access your Demat account, use the mobile app or website of your Depository Participant (DP). 

Find IPO Section: Look for the section titled "IPO" or "Portfolio." Search for any services or entries connected to the IPO. 

Verify IPO Allotment Status: Look through the IPO section to see if the shares you were given are visible in your Demat account. This section often displays the status of your IPO application. 

Verify with Registrar: If the IPO shares are inaccessible, visit the Registrar's website and enter your application data to verify allocation. 

Contact DP service if Needed: If there are any discrepancies or problems, contact your DP's customer service.

Paramatrix Technologies IPO Timeline:

Paramatrix Technologies IPO Subscription Status

The Paramatrix Technologies IPO received 64.18 subscriptions. By 30th August, 2024 5:41:07 PM (Day 3), the public issue had been subscribed 19.66 times in the retail category, 136.85 times in the QIB category, and 71.17 times in the NII category.

Subscription Day 3 (as of 5:41:07 PM)
Total Subscription: 64.18 times.
QIBs: 136.85 times.
Non-institutional investors: 71.17 times.
Retail investors: 19.66 times.

Subscription Day 2
Total Subscription: 9.64 times.
QIBs: 0.10 times.
Non-institutional investors: 23.53 times.
Retail investors: 9.14 times.

Subscription Day 1
Total Subscription: 3.41 times.
QIBs: 0.04 times.
Non-institutional investors: 6.70 times.
Retail investors: 3.93 times.

Paramatrix Technologies IPO Details

Paramatrix Technologies' initial public offering (IPO) is a fixed-price issue amounting to ₹33.84 crores. This offering consists of a fresh issue of 27.59 lakh shares aggregating ₹30.35 crores and an offer for sale of 3.18 lakh shares aggregating ₹3.50 crores.

The bidding process for the Paramatrix Technologies IPO commenced on 27th August 2024 and concluded on 30th August 2024. The allotment results for this IPO are anticipated to be finalised on 2nd September 2024. Furthermore, the shares of Paramatrix Technologies are set to be listed on the NSE SME, with a provisional listing date scheduled for 4th September 2024.

The price for the Paramatrix Technologies IPO has been established at ₹110 per share. Investors must apply for a minimum lot size of 1200 shares, which requires a minimum investment of ₹132,000 for retail investors. For non-institutional investors (NII), the minimum investment consists of 2 lots (2,400 shares), totalling ₹264,000.
Inventure Merchant Banker Services Pvt Ltd is the book-running lead manager for the Paramatrix Technologies IPO, and Bigshare Services Pvt Ltd is designated as the registrar.

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