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Paramatrix Technologies Ltd. is set to launch its IPO from August 27 to August 30, 2024, with a total issue size of 17.78 crore. The company, which focuses on IT software services, aims to enhance its infrastructure and expand geographically, particularly in the Middle East and East Asia. The minimum investment required for participation in the IPO is 1,32,000, with a lot size of 1,200 shares.
Founded in 2004, Paramatrix Technologies has established itself as a key player in digital transformation and technology solutions for various sectors, including BFSI, retail, and logistics. The company has a strong portfolio of services, including application development and cyber security, and is ISO certified, reflecting its commitment to quality and security. The IPO aims to fund capital expenditures and further develop its suite of technology accelerators.
• Paramatrix Technologies Ltd. plans IPO to enhance infrastructure and expand services.
• The company focuses on digital transformation across various industry sectors.
This term is central to Paramatrix's service offerings, as the company specializes in helping clients improve operational efficiency through technology.
Paramatrix offers cyber security services as part of its managed services to safeguard client data and operations.
Paramatrix's core competency includes application development tailored to the unique requirements of its clients across various sectors.
The company is preparing for an IPO to fund its growth and expansion initiatives.
It has been a significant client for Paramatrix, showcasing the company's capabilities in the financial sector.
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