Paramount Dye Tec IPO: Steps to Check Allotment Status Online, Latest GMP, and Listing Details
Check how to view Paramount Dye Tec IPO allotment status online via Bigshare and NSE. Find the latest GMP, listing date, and key details about the IPO.
New Delhi, October 4, 2024 – The Paramount Dye Tec IPO has garnered significant interest from investors as its subscription window, which opened on September 30, 2024, closed on October 3, 2024. With the focus now shifting to the IPO allotment and listing, investors are keen to know how to check the allotment status online and stay updated on the Grey Market Premium (GMP).
Paramount Dye Tec’s IPO, a much-anticipated offering, is expected to complete its allotment process by Friday, October 4, 2024. The company’s shares are projected to be listed on the NSE SME exchange on Tuesday, October 8, 2024.
The IPO’s registrar is Bigshare Services Pvt Ltd, while Gretex Corporate Services acts as the book-running lead manager. Market-making services are provided by Gretex Share Broking, ensuring smooth trading of the IPO shares post-listing.
How to Check Paramount Dye Tec IPO Allotment Status Online
Investors eager to know the status of their Paramount Dye Tec IPO application can easily check it online through Bigshare Services’ website or the NSE platform. Here are the simple steps to follow:
Steps to Check Allotment on Bigshare Services Website:
- Visit the Bigshare Services Website: Click on this link to open the IPO allotment page.
- Choose a Server: Select any of the three available servers on the Bigshare website to ensure seamless access.
- Select the Company: From the dropdown menu, choose “Paramount Dye Tec” once the allotment status is released.
- Provide Your Details: Select one of the following options: Application Number, Demat Account, or PAN number.
- Enter the Details: Input the required details based on the option selected.
- Captcha and Search: Enter the Captcha code and hit the ‘Search’ button to view your allotment status.
Steps to Check Allotment Status via NSE Website:
Investors can also check the allotment status on the NSE by visiting their website and entering the required details. Simply visit the NSE allotment page, provide your PAN number, and select “Paramount Dye Tec” from the list to view the status.
Paramount Dye Tec IPO: Grey Market Premium (GMP) Update
As of today, Paramount Dye Tec IPO shares are witnessing a Grey Market Premium (GMP) of ₹5. This figure reflects a significant drop from the earlier GMP of ₹23 recorded on the first day of the IPO subscription. According to data from Investorgain.com, the current GMP implies that the company’s shares are expected to list at ₹122 per share, which marks a 4.27% premium over the upper issue price of ₹117 per share.
The fluctuation in the GMP suggests cautious optimism among investors as the IPO prepares for listing. Despite the decline in GMP, the stock’s listing price is projected to remain slightly above its issue price, reflecting moderate confidence in the company’s potential.
Paramount Dye Tec IPO Details
| IPO Opening Date | September 30, 2024 |
|---|---|
| IPO Closing Date | October 3, 2024 |
| Issue Price | ₹117 per share |
| Grey Market Premium | ₹5 as of October 4 |
| Listing Date | October 8, 2024 |
| Registrar | Bigshare Services |
| Market Maker | Gretex Share Broking |
| Book Running Lead Manager | Gretex Corporate Services |
What Next for Paramount Dye Tec IPO Investors?
As the allotment and listing processes unfold, investors are advised to monitor official platforms such as Bigshare Services and the NSE for accurate and timely information. While the GMP has softened, the IPO still holds promise for long-term investors, especially given the company’s growth prospects in the dyeing and chemical sector.
Investors who receive allotments can anticipate the stock listing on October 8, while those who do not secure shares will have their refund processed shortly after the allotment date.
For those planning to buy shares post-listing, it is important to keep an eye on market trends, stock performance, and broader market conditions, which could impact Paramount Dye Tec’s share price in the initial days of trading.
With Paramount Dye Tec IPO allotment set for October 4, and listing expected by October 8, all eyes are on the share performance post-listing. The IPO’s current GMP of ₹5 indicates a marginal premium over the issue price, suggesting a cautious yet positive market sentiment. Investors are encouraged to check their allotment status via official platforms and make informed decisions as the stock prepares to debut on the NSE SME exchange.
