Paramount Dye Tec Ltd - IPO

Paramount Dye Tec Ltd IPO Details

Initial public offer of upto 24,30,000* equity shares of face value of Rs. 10.00 each (Equity Shares) of Paramount Dye Tec Limited (the Company or the Issuer) for cash at a price of Rs. 117 per equity share including a share premium of Rs. 107 per equity share (the Issue Price) aggregating to Rs. 28.43 crores (The Issue). The issue includes a reservation of upto 1,22,400 equity shares aggregating to Rs. 1.43 crores will be reserved for subscription by market maker to the issue (the Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. net issue of upto 23,07,600 equity shares aggregating to Rs. 27.00 crores (the Net Issue).Price Band Rs. 117 per equity share of face value of Rs. 10 each.The Floor Price is 11.70 times of the face value of the equity shares.

Objective of issue

Setting up of Mfg unit. Repaymnet/prepayment of certain debt facilities availed by the company. Expensed towards registry of land purchased from promoters. General corporate purposes.

Paramount Dye Tec Ltd Contact Details

Paramount Dye Tec Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

Phone - 91-22-62638200

Fax - 91-22-63638299

Email - info@paramountdyetec.com

Website - www.paramountdyetec.com