Paramount Syntex IPO
Updated 24 Sept 2026, 6:50 pm.
Minimum investment (Individual investors (IND))
₹2,54,000
2 lots · 2,000 shares at the upper price band
Price band
₹119–127
Latest GMP
₹0
0.0% of the ₹127 upper band
Est. listing price
₹127
Issue size
₹77.69 Cr
GMP history
Each point is a recorded observation from the scheduled data sync.
| Observed | GMP | Est. listing price |
|---|---|---|
| 24 Sept 2026, 6:50 pm | ₹0 | ₹127 |
| 24 Sept 2026, 6:45 pm | ₹0 | ₹127 |
GMP is an unofficial, unregulated grey-market estimate — not a prediction of listing performance.
Issue details
- Board
- SME
- Price band
- ₹119–127
- Issue size
- ₹77.69 Cr
- Lot size
- 1,000
- Opens
- 30 Sept 2026
- Closes
- 6 Oct 2026
- Allotment
- 7 Oct 2026
- Listing
- 9 Oct 2026
- Est. listing price
- ₹127
- Listing price
- Awaited
- Listing gain
- Awaited
- Registrar
- Bigshare Services Pvt.Ltd.
- Minimum investment
- ₹2,54,000 (2 lots · 2,000 shares)
- Face value
- ₹10 per share
- Issue type
- Bookbuilding IPO
- Sale type
- Fresh capital only
- Listing at
- BSE SME
- Refunds
- 8 Oct 2026
- Shares credited
- 8 Oct 2026
- Promoter holding
- 91.74% before · 59.63% after
- Lead managers
- Sobhagya Capital Options Pvt.Ltd.
Offer documents & links
Full issue details
Details as published for this issue, read 24 Sept 2026, 9:05 am. Verify against the RHP before applying.
IPO Details
| IPO Date | 30 Sep to 6 Oct, 2026 |
|---|---|
| Listing Date | Fri, Oct 9, 2026 T |
| Face Value | ₹ 10 per share |
| Price Band | ₹119 to ₹127 |
| Lot Size | 1,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Total Issue Size | 64,40,000 shares (agg. up to ₹ 82 Cr) |
|---|---|
| Reserved for Market Maker | 3,23,000 shares (agg. up to ₹ 4 Cr) MNM Stock Broking Pvt.Ltd. |
| Fresh Issue (Ex Market Maker) | 61,17,000 shares (agg. up to ₹ 78 Cr) |
| Net Offered to Public | 61,17,000 shares (agg. up to ₹ 78 Cr) |
| Share Holding Pre Issue | 1,19,59,382 shares |
| Share Holding Post Issue | 1,83,99,382 shares |
IPO Timetable (Tentative)
- IPO Open
- Wed, Sep 30, 2026
- IPO Close
- Tue, Oct 6, 2026
- Allotment
- Wed, Oct 7, 2026
- Refund
- Thu, Oct 8, 2026
- Credit of Shares
- Thu, Oct 8, 2026
- Listing
- Fri, Oct 9, 2026
Issue Reservation
- QIB1.02%
- NII (HNI)46.82%
- Retail47.14%
- Market Maker5.02%
| Investor Category | Shares | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB | 66,000 | 1.08% | 1.02% |
| NII (HNI) | 30,15,000 | 49.29% | 46.82% |
| - bNII > ₹10L | 20,10,000 | — | 31.21% |
| - sNII < ₹10L | 10,05,000 | — | 15.61% |
| Retail | 30,36,000 | 49.63% | 47.14% |
| Firm Reservations | |||
| Market Maker | 3,23,000 | — | 5.02% |
| Total | 64,40,000 | 100.00% | 100.00% |
Paramount Syntex IPO comprises a total issue size of 64,40,000 shares. The net offer to the public is 61,17,000 shares, after excluding 3,23,000 shares allotted on a firm basis. Of the Net offer 66,000 (1.08%) are allocated to QIB , 30,15,000 (49.29%) allocated to NII 30,36,000 (49.63%) allocated to RII .
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (IND) (Min) | 2 | 2000 | ₹2,54,000 |
| Individual investors (IND) (Max) | 2 | 2000 | ₹2,54,000 |
| S-HNI (Min) | 3 | 3000 | ₹3,81,000 |
| S-HNI (Max) | 7 | 7000 | ₹8,89,000 |
| B-HNI (Min) | 8 | 8000 | ₹10,16,000 |
Investors can bid for a minimum of 2,000 shares and in multiples of 1,000 shares thereof.
IPO Subscription Details
About Paramount Syntex Ltd.
Incorporated in 1996, Paramount Syntex Ltd. is engaged in the manufacturing of synthetic fibres, dyed fibres, and various types of yarns, including acrylic, polyester, wool, nylon, and blended yarns. The Company's manufacturing units are located at Village Mangarh, Machiwara Road, Kohara, Ludhiana, Punjab, with a combined area of approximately 7,268.73 sq. yards.
Paramount Syntex operates with a fully integrated setup comprising fibre processing, tow dyeing, hank dyeing, spinning, bulking, and packing facilities, supported by an in-house research and quality control team. The Company also manufactures recycled acrylic fibre from waste materials sourced both domestically and internationally, ensuring sustainable operations and efficient resource utilization.
Over the years, the Company has established a strong presence in the textile and apparel industry, supplying high-quality yarns and fibres to a wide customer base across India. It holds certifications including ISO 9001:2015 (Quality Management), ISO 14001:2015 (Environmental Management), ISO 45001:2018 (Occupational Health & Safety), and Good Manufacturing Practice (GMP).
Competitive Strengths:
Experienced Management
Vertical Integration
Product Diversification
Commitment to Innovation
Customer Satisfaction
Company Financials (Restated Standalone)
Total Income
Profit After Tax
EBITDA
NET Worth
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 96.26 | 76.09 | 60.25 |
| Total Income | 122.51 | 112.72 | 92.94 |
| Profit After Tax | 13.87 | 6.73 | 1.35 |
| EBITDA | 23.59 | 13.17 | 9.45 |
| NET Worth | 42.67 | 28.80 | 14.05 |
| Reserves and Surplus | 30.71 | 16.84 | 3.40 |
| Total Borrowing | 33.25 | 33.47 | 32.59 |
| Amount in ₹ Crore |
Paramount Syntex Ltd.'s revenue increased by 9% and profit after tax (PAT) rose by 106% between the financial year ending with March 31, 2026 and March 31, 2025.
Recently Listed IPOs in Other Textile Products
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Panchatv Bharat Ltd. | SME | ₹24.58 Cr | ₹140 | 14.23 | ₹122.55 | -12.46% | ₹122.55 |
| Vinod Texworld Ltd. | SME | ₹42.84 Cr | ₹94 | 10.48 | ₹89.30 | -5.00% | ₹72.85 |
| Ashutosh Fibre Ltd. | SME | ₹56.35 Cr | ₹92 | 9.03 | ₹147.00 | +59.78% | ₹161.45 |
| Fascinate Textiles Ltd. | SME | ₹64.83 Cr | ₹151 | 10.33 | ₹114.80 | -23.97% | ₹55.30 |
| Shreedhar Spinners Ltd. | SME | ₹30.68 Cr | ₹53 | 13.44 | ₹57.10 | +7.74% | ₹172.10 |
| Harikanta Overseas Ltd. | SME | ₹24.30 Cr | ₹91 | 14.66 | ₹75.77 | -16.74% | ₹63.50 |
| Yajur Fibres Ltd. | SME | ₹120.41 Cr | ₹174 | 23.49 | ₹132.25 | -23.99% | ₹40.05 |
| K K Silk Mills Ltd. | SME | ₹28.50 Cr | ₹38 | 12.12 | ₹30.40 | -20.00% | ₹9.36 |
| Game Changers Texfab Ltd. | SME | ₹54.84 Cr | ₹102 | 10.58 | ₹109.35 | +7.21% | ₹110.00 |
| Sihora Industries Ltd. | SME | ₹10.56 Cr | ₹66 | 13.14 | ₹66.50 | +0.76% | ₹52.11 |
| Alpine Texworld Ltd. | Mainboard | ₹126.25 Cr | ₹105 | 12.68 | ₹99.75 | -5.00% | ₹52.44 |
| Kusumgar Ltd. | Mainboard | ₹650.00 Cr | ₹419 | 44.8 | ₹602.80 | +43.87% | ₹635.10 |
| Aastha Spintex Ltd. | Mainboard | ₹170.00 Cr | ₹136 | 18.78 | ₹136.49 | +0.36% | ₹89.77 |
| Shree Ram Twistex Ltd. | Mainboard | ₹110.24 Cr | ₹104 | 38.21 | ₹71.40 | -31.35% | ₹38.90 |
View More »
IPO Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding of capital expenditure requirements of our Company towards purchase of Machinery at existing facilities | 61.68 |
| 2 | General Corporate Purposes | — |
| Total | 61.68 |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
Key Performance Indicator (KPI)
| KPI | Mar 31, 2026 |
|---|---|
| ROE | 32.50% |
| ROCE | 29.18% |
| Debt/Equity | 0.78 |
| RoNW | 32.50% |
| PAT Margin | 11.36% |
| EBITDA Margin | 19.33% |
| NAV | 15.96 |
| Price to Book Value | 7.96 |
Check IPO Peer Comparison here.
IPO Valuation
| Valuation Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (₹) | 11.60 | 7.54 |
| P/E (x) | 10.95 | 16.84 |
| Market Cap at Offer Price | ₹151.88 Cr. | ₹233.67 Cr |
Disclaimer
The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2026 available in RHP.
The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of March 31, 2026 available in RHP.
Shareholding Structure
Pre IPO
- Promoter and Promoter Group91.74%
- Public8.26%
Post IPO
- Promoter and Promoter Group59.63%
- Public40.37%
| Category | Pre IPO | Post IPO |
|---|---|---|
| Promoter and Promoter Group | 91.74% | 59.63% |
| Public | 8.26% | 40.37% |
| Total | 100% | 100% |
Company Promoters: Punit Arora and Kumkum Arora.
Paramount Syntex IPO Recommendations
| Review By | Subscribe | May Apply | Neutral | Avoid |
|---|---|---|---|---|
| Brokers | 0 | 0 | 0 | 0 |
| Members | 0 | 0 | 0 | 0 |
IPO Registrar
Bigshare Services Pvt.Ltd.
8657578989/8069219065/8069219060
ipo@bigshareonline.com
IPO Lead Manager(s)
Sobhagya Capital Options Pvt.Ltd.
Contact Details
Paramount Syntex Ltd. Address
32, Floor- 3, Plot 196/198, Bhagwan Bhuwan,
Hazrat Abbas Road, Samuel Street, Vadgadi Masjid,
Chinchbunder, Princess Dock,
Mumbai, Maharashtra , 400009
+91-99155-77902
paramountsyntexp@gmail.com
Paramount Syntex IPO in the news
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Paramount Syntex: common questions
Answered from this issue's own record.
