IPO details · Updated
Paramount Syntex
- Price Band
- ₹127
- Lot Size
- 1,000 shares
- Min. Investment
- ₹1,27,000
- Issue Size
- ₹81.79 Cr
- Offer Dates
- 30 Sept – 6 Oct 2026
- Listing
- 9 Oct 2026
Issue Details
- Total Issue Size
- ₹81.79 Cr
- 64,40,157 shares
- Fresh Issue
- ₹81.79 Cr
- 64,40,000 shares
- Face Value
- ₹10 per share
- Issue Type
- Book-built IPO
- Listing At
- BSE SME
- Shares Pre-Issue
- 1,19,59,382
- Shares Post-Issue
- 1,83,99,382
IPO Timeline
Offer opens
30 Sept 2026
Offer closes
6 Oct 2026
Allotment
7 Oct 2026
Listing
9 Oct 2026
Subscription Status
Times subscribed by investor category
| Category | Offered | Bids | Subscribed |
|---|---|---|---|
| QIB | — | — | 119.29x |
| Retail | — | — | 1.10x |
| NII | — | — | 0.09x |
| Total | — | — | 1.88x |
NSE & BSE · updated 6/10/2026, 4:50:10 pm
Lot Size & Investment
1 lot = 1,000 shares
Retail (min)
1 lot · 1,000 shares
Retail (max)
1 lot · 1,000 shares
S-HNI (min)
2 lots · 2,000 shares
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual | 2 | 2,000 | ₹2,54,000 |
| Small HNI (S-HNI) | 3 | 3,000 | ₹3,81,000 |
| Big HNI (B-HNI) | 8 | 8,000 | ₹10,16,000 |
Financial Performance
Restated figures in ₹ crore, unless stated otherwise
| Period | Mar-26 | Mar-25 | Mar-24 |
|---|---|---|---|
| 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 | 28.8 | 14.05 |
| Reserves & Surplus | 30.71 | 16.84 | 3.4 |
| Total Borrowing | 33.25 | 33.47 | 32.59 |
Key Performance Indicators
| Period | Mar-26 | Mar-25 | Mar-24 |
|---|---|---|---|
| ROE (%) | 32.5 | 23.36 | 9.59 |
| ROCE (%) | 29.18 | 19.19 | 17.06 |
| EPS (₹) | 11.6 | 5.69 | 1.27 |
| P/E (pre-issue) | 10.95 | — | — |
| P/E (post-issue) | 16.85 | — | — |
About Paramount Syntex
Paramount Syntex was incorporated in 1996 and makes synthetic fibres, yarns and textile products for the textile trade, becoming a public limited company in 2024. It runs two units totalling roughly 7,269 sq. yards at Village Mangarh on Machiwara Road near Kohara in Ludhiana, Punjab, with fibre processing, tow and hank dyeing, spinning, bulking and packing handled in house. Its range covers acrylic, polyester, nylon and wool yarns, blended yarns such as acrylic-wool and viscose-nylon, recycled acrylic fibre and tow, and acrylic and knitted cloth. Waste acrylic fibre is sourced both in India and imported.
Company Information
Strengths (from RHP)
- Fibre processing, dyeing, spinning and packing are carried out in house, so the company controls most stages of production rather than relying on outside processors.
- The product range spans several fibre types and blends, which spreads demand across more than one yarn category.
- The management team has long operating experience in the Ludhiana textile cluster.
Key risks (from RHP)
- Production is concentrated at a single site in Ludhiana, so any disruption there affects the whole business.
- Revenue comes from one business segment, leaving the company exposed to the yarn cycle.
- There is litigation outstanding against the company, disclosed in the offer document.
- Book running lead managers
- Sobhagya Capital Options Ltd
- Registered office
- 32, Floor- 3, Plot 196/198, Bhagwan Bhuwan, Hazrat Abbas Road, Samuel Street, Vadgadi Masjid, Chinchbunder, Princess Dock, Mumbai, Maharashtra, 400009
Official Documents
Opens the source filing in a new tab
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Disclaimer: Data on OpenIPO is for information only and is not investment advice. OpenIPO is not a SEBI-registered entity. GMP figures are unofficial estimates and may change. Verify all details against the company RHP and the official registrar before investing.