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Open
30 Sep to 7 Oct, 2005
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Close
30 Sep to 7 Oct, 2005
3
Allotment
—
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Listing
Thu, Nov 10, 2005
Price Band
₹42 per share
Issue Size
33,00,926 shares (agg. up to ₹14 Cr)
Listing Date
Thu, Nov 10, 2005
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 44.33x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2005 | 31 Mar 2004 | 31 Mar 2003 |
|---|---|---|---|
| Assets | 20.02 | 19.51 | 11.81 |
| Total Income | 68.53 | 51.13 | 35.54 |
| Profit After Tax | 5.00 | 2.70 | 0.31 |
| NET Worth | 11.49 | 7.56 | 2.56 |
| Reserves and Surplus | 3.91 | 2.51 | 0.43 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| FCS Software Solutions Ltd. | Mainboard | ₹17.51 Cr | ₹50 | 5.67 | ₹179.10 | +258.20% | ₹1.58 (+2.56%) |
| Sasken Communication Technologies Ltd. | Mainboard | ₹130.00 Cr | ₹260 | 25.69 | ₹464.55 | +78.67% | ₹1,886.20 (-4.22%) |
| Spanco Telesystems & Solutions Ltd. | Mainboard | ₹7.54 Cr | ₹25 | 2.76 | ₹56.25 | +125.00% | (+0.00%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Upgradation of Products and Infrastructure. | 5.19 |
| 2 | Data Centre and Support Centre | 3.57 |
| 3 | Research & Development Lab and Enhancement of Quality Certification | 0.59 |
| 4 | Investment in Subsidiary | 3.75 |
| 5 | Public Issue Expenses | 0.75 |
| 6 | Contingencies | 0.16 |
| Total | 14.01 |
About Paradyne Infotech IPO
Incorporated in 1997, Paradyne Infotech Ltd., later renamed as Glodyne Technoserve Limited, was a Mumbai-based IT services provider focused on software services, managed services, and system integration. The company focused on IT solutions, software services, managed services, and system integration. The company primarily provided Technology Infrastructure Management Services (Technology IMS) and Enterprise-level HRMS solutions.+ Read More
Contact Details
Paradyne Infotech Ltd. Address801, Balarama BuildingBandra Kurla ComplexBandra EastMumbai, Maharashtra, 400051+91-02256963333ipo@paradyne.co.inVisit Website