Paramotor Digital Technology Ltd. IPO Details
Paramotor Digital Technology was incorporated on November 4, 2016. The company is a financial technology provider offering digital gifting, spend management, and rewards and loyalty platforms through yayyy.shop, SpendPro, and RewardOn. It served 634,316 transacting users in India in Q1FY27, and 1,575,830 users in FY26, and also provides business technology and platform development services under DevStack
| Bidding Dates |
|---|
| To Be Announced |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| - | - | - | - | 0 | - | - | ₹10,000.0 M | DRHP DOC |
Paramotor Digital Technology issue details
Paramotor Digital Technology IPO issue size is ₹ 10,000.0 M
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 10% | 15% | 75% |
Paramotor Digital Technology IMPORTANT IPO DATES
| Issue Open Date | - |
| Issue close Date | - |
| Allotment Date | - |
| Refund Date | - |
| Demat Account Credit Date | - |
| Listing Date | - |
| Listing on Exchange(s) | NSE and BSE |
Paramotor Digital Technology NUMBER OF SHARES ON OFFER
Paramotor Digital Technology FINANCIALS
| Period | Revenue from Operations (Rs in crore) | Net Profit (Rs in crore) | Cash Flow from Operations (Rs in crore) | Free Cash Flow (Rs in crore) | Margins |
| Q1FY27 | 252.8 | 23.8 | -46.3 | -48.9 | 12.9% |
| Q1FY26 | 20.9 | 9.2 | -1.4 | -1.5 | 59.0% |
| FY26 | 603.1 | 59.1 | 27.9 | 13.0 | 13.0% |
| FY25 | 112.1 | 24.6 | 27.8 | 27.4 | 31.5% |
| FY24 | 33.1 | 5.4 | 6.8 | 6.6 | 21.4% |
Paramotor Digital Technology INFORMATION ON IPO ISSUE
About Paramotor Digital Technology
Paramotor Digital Technology was incorporated on November 4, 2016. The company is a financial technology provider offering digital gifting, spend management, and rewards and loyalty platforms through yayyy.shop, SpendPro, and RewardOn. It served 634,316 transacting users in India in Q1FY27, and 1,575,830 users in FY26, and also provides business technology and platform development services under DevStack
Object of the Issue
- Expenditure towards customer acquisition, retention and brand and business promotion initiatives
- Investment in technology development initiatives, cloud infrastructure services and IT assets
- Investment in office infrastructure
- General corporate purposes
Paramotor Digital Technology - PROMOTERS
| Name |
|---|
| Sonia Pankaj Asher |
| Rahul Anand |
Paramotor Digital Technology - MANAGEMENT & LEADERSHIP
| Name | Designation |
|---|---|
| Sonia Pankaj Asher | Executive Chairperson & Whole-time Director |
| Rahul Anand | Managing Director |
| Kunal Sharma | Non - Executive Director |
| Meeta Sanjay Mukherjee | Independent Director |
| Prasanna Babanrao Lohar | Independent Director |
| Suman Naresh Sabnani | Independent Director |
Paramotor Digital Technology Book Running Lead Manager
Motilal Oswal Investment Advisors Limited
paramotor.ipo@motilaloswal.com
Equirus Capital Limited
paramotor.ipo@equirus.com
Paramotor Digital Technology Registrar to the Offer
MUFG Intime India Private Limited
paramotordigital.ipo@in.mpms.mufg.com
Paramotor Digital Technology Strengths
Scalable technology platforms
The company operates in-house, cloud-based technology platforms that support high transaction volumes, business requirements, and quick integration with third-party systems, serving 634,316 users in Q1FY27, and 1,575,830 users in FY26. Through DevStack and RewardOn, it offers ready-to-use technology components and a white-label rewards platform supporting reward points, prepaid cards, and a catalogue of 234 gift cards as of June 30, 2026, reducing development time and implementation risks
Growing digital gifting market
The company operates digital platforms for consumer spend management, rewards, loyalty, and gifting, offering prepaid and gift cards for online and offline purchases. India’s prepaid transactions are projected to reach 4.5 billion, valued at Rs 1,028.9 billion, by CY30, while the digital gift card market is expected to grow at a CAGR of 17.4% to USD 33.65 billion, driven by e-commerce growth, corporate rewards, personalisation, and festive demand
Growing user base
The company’s transacting users increased from 18,248 in FY24 to 1,575,830 in FY26, driven by the launch of yayyy.shop and its rewards and loyalty business, supported by ecosystem partner-led acquisition efforts. User acquisition and retention expenses stood at Rs 172.25 million in FY26 and Rs 97.64 million in Q1FY27, while user retention rates were 99.00%, 87.98%, and 98.48% in FY26, FY25, and FY24, respectively
Paramotor Digital Technology Risks
Depend on vendor services
The company relies on its technology platforms, APIs, and third-party service providers for uninterrupted operations, and any system failure, cyberattack, data breach, or integration issue could disrupt transactions, reduce customer satisfaction, and adversely affect revenue and financial performance. Although it has cyber and data protection insurance, the coverage is limited and excludes certain losses arising from third-party infrastructure or service providers
Data security & privacy risks
The company collects users’ personal information and must comply with applicable data protection laws, including the Information Technology Act, 2000 and the Digital Personal Data Protection Act, 2023, along with the related rules. Any data breach, cyberattack, or non-compliance could damage its reputation, disrupt operations, increase legal and compliance costs, and adversely affect its business and financial performance
Growth strategy execution risks
The company’s growth depends on expanding its user base, improving technology, developing new offerings, increasing business partnerships, and strengthening the Paramotor brand. Failure to execute these strategies due to regulatory changes, competition, cost pressures, operational challenges, or insufficient funding could adversely affect its business and financial performance
IPO FAQs
The promoters of the company are Sonia Pankaj Asher and Rahul Anand.
The category allocation of qualified institutional buyers is 75.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 10.0%.