Paramatrix Technologies Limited

About the company

## **About Paramatrix Technologies Limited** Paramatrix Technologies Limited, established in 2004 and headquartered in Mumbai, stands as a distinguished player in the IT software services industry. With a focus on delivering tailored software applications and technology solutions, Paramatrix caters to both large enterprises and mid-size businesses. The company's core competency lies in its ability to grasp the unique business processes and cultural nuances of its clients, enabling them to create solutions that drive operational efficiency and enhance value production across various industry sectors. The breadth of Paramatrix’s expertise spans multiple industries including BFSI (Banking, Financial Services, and Insurance), retail, manufacturing, sports, pharmaceuticals, and logistics. By leveraging extensive knowledge in digital transformation and a wide range of technological platforms—such as Microsoft .NET, Microsoft SQL, Microsoft Azure Cloud, AWS Cloud, and various open-source technologies—the company is adept at developing and implementing software solutions tailored to the specific needs of its clients. This expertise is further demonstrated through its dual focus on Digital Transformation Services and Managed Services, ensuring comprehensive support for its clients. Paramatrix’s Digital Transformation Services encompass a wide array of offerings designed to drive business efficiency and innovation. These include Application Development and Maintenance (ADM), Solution Architecture and Design, and Enterprise Data Management & Data Analytics. The company’s proprietary accelerators, such as INSIGHT for analysis and reporting, PERFORM for performance management, and EPPM for work allocation and scheduling, are integral to its approach. Other specialized solutions like PACE for centralized control, ITCS for employee share trading compliance, and DROANA for virtual classrooms highlight Paramatrix’s commitment to addressing diverse technological needs. Additionally, their services like EVENTJET for event log monitoring and BULWARK for cloud security posture assessment underscore their capability in providing robust, cutting-edge solutions. In the realm of Managed Services, Paramatrix offers Application Managed Services, Cyber Security Services, and Cloud & Data Support Services, ensuring ongoing support and security for their clients' IT infrastructure. This comprehensive service suite is backed by a unique blend of domain knowledge, technological expertise, and project management proficiency. Paramatrix Technologies Limited's dedication to delivering high-quality, tailored solutions and its strategic focus on both Digital Transformation and Managed Services positions it as a trusted partner in the IT services landscape, adept at navigating the complexities of modern technology and business requirements. Paramatrix Technologies Limited prepares for its Initial Public Offering (IPO), the proceeds from the Fresh Issue will be allocated towards critical objectives: 1. Capital Expenditure for building the Infrastructure 1. Investment in their suite of accelerators to enhance their service offerings 1. Geographical expansion in Middle East and East Asia 1. General Corporate Purposes.

Financial performance (₹ Cr)

IPO Roadmap / Timeline

1. IPO Opens

   Completed
   27 Aug 2024

   Bidding starts for all investor categories

2. IPO Closes

   Completed
   30 Aug 2024

   Last day to place your bid

3. Basis of Allotment

   Completed
   29 Aug 2024

   Share allotment finalised

4. Refund Initiation

   Completed
   03 Sept 2024

   Refunds credited for non-allottees

5. Credit to Demat

   Completed
   02 Sept 2024

   Allotted shares credited to demat account

6. Listing on Exchange

   Completed
   04 Sept 2024

   Shares list on NSE / BSE

Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.