Comparison between Paramatrix Technologies IPO and Travels & Rentals IPO.
IPO Details
Paramatrix Technologies IPO is a SME Fixed Price IPO proposed to list at NSE SME while Travels & Rentals IPO is a SME Fixed Price proposed to list at BSE SME.
Issue Size and Price
The total issue size of Paramatrix Technologies IPO is up to ₹32.13 Cr whereas the issue size of the Travels & Rentals IPO is up to ₹11.63 Cr. The final issue price of Paramatrix Technologies IPO is ₹110.00 per share and of Travels & Rentals IPO is ₹40.00 per share.
| | Paramatrix Technologies IPO | Travels & Rentals IPO |
|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Final) | ₹110.00 per share | ₹40.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Market Lot Size | 1200 shares | 3000 shares |
| Fresh Issue Size | 26,02,800 shares | 29,07,000 shares |
| Fresh Issue Size (Amount) | up to ₹28.63 Cr | up to ₹11.63 Cr |
| OFS Issue Size | 3,18,000 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹3.50 Cr | up to ₹0.00 Cr |
| Issue Size Total | 29,20,800 shares | 29,07,000 shares |
| Issue Size Total (Amount) | up to ₹32.13 Cr | up to ₹11.63 Cr |
IPO Timetable
Paramatrix Technologies IPO opens on Aug 27, 2024, while Travels & Rentals IPO opens on Aug 29, 2024. The closing date of Paramatrix Technologies IPO and Travels & Rentals IPO is Aug 30, 2024, and Sep 02, 2024, respectively.
| | Paramatrix Technologies IPO | Travels & Rentals IPO |
|---|
| Issue Open | Aug 27, 2024 | Aug 29, 2024 |
| Issue Close | Aug 30, 2024 | Sep 02, 2024 |
| Basis Of Allotment (Tentative) | Sep 02, 2024 | Sep 03, 2024 |
| Initiation of Refunds (Tentative) | Sep 03, 2024 | Sep 04, 2024 |
| Credit of Share (Tentative) | Sep 03, 2024 | Sep 04, 2024 |
| Listing date (Tentative) | Sep 04, 2024 | Sep 05, 2024 |
Financials & KPIs
Paramatrix Technologies IPO P/E ratio is 23.3, as compared to Travels & Rentals IPO P/E ratio of 10.98.
Shares Offered
In the Paramatrix Technologies IPO Retail Individual Investors (RII) are offered 14,60,400 shares while in Travels & Rentals IPO retail investors are offered 14,60,400 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Paramatrix Technologies IPO and in Travels & Rentals IPO.
| | Paramatrix Technologies IPO | Travels & Rentals IPO |
|---|
| Anchor Investor Reservation | 0 shares | |
| Market Maker Reservation | 1,56,000 shares | 1,53,000 shares |
| QIB | 0 shares | |
| NII | 14,60,400 shares | 14,52,000 shares |
| RII | 14,60,400 shares | 14,55,000 shares |
| Employee | 0 shares | |
| Total | 29,20,800 shares | 29,07,000 shares |
Bids Received (Subscription)
Paramatrix Technologies IPO subscribed 9.05x in total, whereas Travels & Rentals IPO subscribed 592.27x.