Paramount Syntex IPO
Paramount Syntex IPO is a ₹81.79 Cr fresh issue opening on September 30, 2026, with a price band of ₹119 to ₹127 per share and listing on BSE SME.
Paramount Syntex IPO Details
Paramount Syntex IPO is a bookbuilding SME issue of ₹81.79 Cr comprising 64,40,000 fresh equity shares. The IPO is scheduled to open on September 30, 2026 and close on October 6, 2026.
Paramount Syntex IPO GMP
Paramount Syntex IPO GMP is currently reported at ₹0 by available grey-market tracking sources. GMP is an unofficial indicator and may change before the IPO listing.
Paramount Syntex IPO Timeline (Tentative)
Paramount Syntex Limited has evolved over the years from its incorporation in 1996 into an established textile manufacturing company focused on acrylic fibre yarns and related products. The company has undertaken several key corporate and structural developments, including changes in authorised capital, adoption of updated constitutional documents, and conversion from a private limited company to a public limited company in 2024. The following timeline highlights important milestones and developments in Paramount Syntex’s journey.
| Event | Tentative Date |
|---|---|
| IPO Open Date | Wed, Sep 30, 2026 |
| IPO Close Date | Tue, Oct 6, 2026 |
| Basis of Allotment | Wed, Oct 7, 2026 |
| Initiation of Refunds | Thu, Oct 8, 2026 |
| Credit of Shares to Demat | Thu, Oct 8, 2026 |
| Listing Date | Fri, Oct 9, 2026 |
| IPO Opens | September 30, 2026 |
| IPO Closes | October 6, 2026 |
| Basis of Allotment | October 7, 2026 |
| Refund Initiation | October 8, 2026 |
| Credit of Shares to Demat | October 8, 2026 |
| Listing Date | October 9, 2026 |
Paramount Syntex IPO Lot Size
Paramount Syntex IPO has a lot size of 1,000 shares. Retail investors must apply for a minimum of 2 lots, or 2,000 shares, requiring ₹2,54,000 at the upper price band. S-HNI investors can apply for a minimum of 3 lots, while B-HNI investors can apply from 8 lots.
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 2,000 | ₹2,54,000 |
| Retail (Max) | 2 | 2,000 | ₹2,54,000 |
| S-HNI (Min) | 3 | 3,000 | ₹3,81,000 |
| S-HNI (Max) | 7 | 7,000 | ₹8,89,000 |
| B-HNI (Min) | 8 | 8,000 | ₹10,16,000 |
Paramount Syntex IPO Reservation
Paramount Syntex IPO has a net public offer of 61,17,000 shares after the market maker reservation. Of the net offer, 66,000 shares are allocated to QIBs, 30,15,000 shares to NIIs and 30,36,000 shares to retail investors.
Paramount Syntex IPO Subscription
Subscription data is not yet available because the Paramount Syntex IPO is scheduled to open for bidding on September 30, 2026.
| Category | Subscription (times) |
|---|---|
| QIB | N.A. |
| NII | N.A. |
| RII | N.A. |
| Total | N.A. |
About Paramount Syntex
Paramount Syntex Limited was incorporated in 1996 and is engaged in the manufacturing of synthetic fibres, dyed fibres and different varieties of yarns, including acrylic, polyester, wool, nylon and blended yarns.
The company operates manufacturing facilities at Village Mangarh, Machiwara Road, Kohara, Ludhiana, Punjab. Its manufacturing setup includes fibre processing, tow dyeing, hank dyeing, spinning, bulking and packing facilities. The company also has in-house research and quality-control capabilities.
Paramount Syntex manufactures recycled acrylic fibre using waste materials sourced from domestic and international markets. Its products are supplied to customers in the textile and apparel industry across India.
The company states that it has certifications including ISO 9001:2015 for quality management, ISO 14001:2015 for environmental management, ISO 45001:2018 for occupational health and safety and Good Manufacturing Practice (GMP).
The company is promoted by Punit Arora and Kumkum Arora. The official company website identifies Punit Arora as Managing Director and Kumkum Arora as Whole-time Director.
Strengths
- Experienced management and promoters.
- Vertically integrated manufacturing operations covering fibre processing, dyeing, spinning, bulking and packing.
- Diversified product portfolio across synthetic fibres and multiple yarn categories.
- Manufacturing of recycled acrylic fibre from waste materials.
- In-house research and quality-control capabilities.
- Presence across the textile and apparel supply chain.
- Certifications covering quality, environmental management, occupational health and safety and manufacturing practices.
Risks to Consider
- The business is exposed to fluctuations in the textile and apparel industry and related demand conditions.
- Manufacturing operations require significant investment in machinery, maintenance and production infrastructure.
- The company has total borrowings of ₹33.25 Cr as of March 31, 2026 against net worth of ₹42.67 Cr.
- Raw-material prices and availability can affect operating costs and margins.
- Textile manufacturing is subject to competition from domestic and international producers.
- The company is using a substantial portion of the IPO proceeds for capital expenditure on machinery.
- Manufacturing activities are subject to environmental, safety and regulatory requirements.
Paramount Syntex Financials (₹ Cr)
Paramount Syntex's restated total income increased from ₹92.94 Cr in FY2024 to ₹122.51 Cr in FY2026. PAT increased from ₹1.35 Cr to ₹13.87 Cr over the same period. Total assets increased from ₹60.25 Cr to ₹96.26 Cr, while net worth increased from ₹14.05 Cr to ₹42.67 Cr.
| Period | Revenue | PAT | Total Assets | Net Worth |
|---|---|---|---|---|
| FY2024 | ₹92.94 Cr | ₹1.35 Cr | ₹60.25 Cr | ₹14.05 Cr |
| FY2025 | ₹112.72 Cr | ₹6.73 Cr | ₹76.09 Cr | ₹28.80 Cr |
| FY2026 | ₹122.51 Cr | ₹13.87 Cr | ₹96.26 Cr | ₹42.67 Cr |
KPIs & Valuation
The key performance indicators (KPIs) and valuation metrics of Paramount Syntex Limited provide an overview of the company’s financial performance, operating efficiency and valuation in relation to its IPO. These metrics help investors assess the company’s revenue and profitability trends, earnings performance and other relevant financial parameters.
Objects of the Issue
The Paramount Syntex IPO comprises a Fresh Issue. The company proposes to use the proceeds from the Fresh Issue primarily for funding capital expenditure towards the purchase of machinery at its existing facility. The remaining proceeds are proposed to be used for general corporate purposes.
- The company proposes to utilise the IPO proceeds for:
- Funding the capital expenditure requirements towards the purchase of machinery at the existing facility — approximately ₹57.12 crore.
- General corporate purposes.
Promoters, Lead Managers & Registrar
The Promoters, Book Running Lead Managers (BRLMs) and Registrar play important roles in the Paramount Syntex IPO process. The Promoters are responsible for the company’s management and strategic direction, while the BRLMs manage and coordinate the public issue process. The Registrar handles investor applications, allotment-related activities and other issue-related records and processes.
Promoters
Lead Managers (BRLM)
Registrar
| Name | Bigshare Services Pvt. Ltd. |
|---|---|
| Phone | 8657578989 / 8069219065 / 8069219060 |
| ipo@bigshareonline.com | |
| Website | https://ipo.bigshareonline.com/IPO_Status.html |
Paramount Syntex IPO Review
Paramount Syntex is an SME IPO operating in the synthetic fibre and yarn manufacturing segment. The company has an integrated manufacturing setup covering several stages of fibre and yarn processing and also manufactures recycled acrylic fibre from waste materials.
The company's restated total income increased from ₹92.94 Cr in FY2024 to ₹112.72 Cr in FY2025 and ₹122.51 Cr in FY2026. PAT increased from ₹1.35 Cr in FY2024 to ₹6.73 Cr in FY2025 and ₹13.87 Cr in FY2026.
As of March 31, 2026, the company reported ROE and RoNW of 32.50%, ROCE of 29.18%, PAT margin of 11.36%, EBITDA margin of 19.33% and Debt/Equity of 0.78. The IPO proceeds are primarily intended for machinery purchases at existing facilities.
How to Apply
Through UPI
-
- Log in to your supported IPO application platform through your broker or bank.
- Select the Paramount Syntex IPO from the IPO section.
- Enter your investor category and application details.
- Select the number of lots you wish to apply for.
- Enter your UPI ID linked to your bank account.
- Submit the IPO application.
- Wait for the UPI mandate request from your bank.
- Open your UPI application and approve the mandate.
- Ensure sufficient funds are available in the linked bank account.
- Keep your application and UPI mandate details for future reference.
Prospectus & Documents
The key prospectus and IPO-related documents of Paramount Syntex Limited provide detailed information about the company, its business, financial performance, risk factors, management, objects of the issue and the terms of the proposed public offering. Investors can refer to these documents for comprehensive information before making an investment decision.
Last updated Sep 24, 2026.