💨 Abstract

Paramount Dye Tec Limited, a company producing yarns from waste synthetic fiber, is planning to go public with an IPO on September 30, 2024, aiming to raise up to Rs 28.43 The shares will be listed on the Emerge platform of National Stock Exchange of India Limited. The net proceeds will be utilized for setting up a new manufacturing unit, debt repayment, and general corporate purposes.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖