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Paramount Syntex IPO
📅 Founded: 1996
📍 Mumbai, Maharashtra (plant: Ludhiana, Punjab)
📋 Face Value: ₹10
🏦 Market Cap: ₹234 Cr
Price Band
₹119 – ₹127
Issue Size
₹81.79 Cr
Lot Size
1000 shares
Min. Investment
₹2,54,000
GMP
+₹0 (+0%)
Est. Return
+0%
Listing Date
09 Oct 2026
Registrar
Bigshare Services
Paramount Syntex IPO at a glance
Paramount Syntex IPO was an SME issue of ₹81.79 Cr at a price band of ₹119 – ₹127 per share, open from 30 Sep 2026 to 06 Oct 2026. The shares listed on BSE SME on 09 Oct 2026.
IPO Signal Analysis
📊 Based on Grey Market Premium (GMP) & Subscription Data — not financial advice
GMP Signal
Moderate Interest
GMP: +0% above issue price
⭐ Overall Signal
Moderate Interest
GMP + Subscription combined
Not financial advice
Not financial advice
Subscription Signal
Moderate Interest
0.00x subscribed
Issue Details
Fresh Issue₹81.79 Cr
Offer for Sale (OFS)Nil
Total Issue Size₹81.79 Cr
Face Value₹10
Market Cap (at issue)₹234 Cr
Listing ExchangeBSE SME
📅 Open Date30 Sep 2026
🔒 Close Date06 Oct 2026
✂️ Cut-off Price Date06 Oct 2026
🎟️ Allotment Date07 Oct 2026
💸 Refund Initiation08 Oct 2026
📂 Demat Credit08 Oct 2026
📈 Listing Date09 Oct 2026
Objects of the Issue
- 💰 Machinery for existing facilities — ₹61.68 Cr
- 💰 General corporate purposes
About the Company
Paramount Syntex, incorporated in 1996 with its registered office in Mumbai, dyes and processes synthetic and blended fibres and yarns — acrylic, polyester, nylon, wool and blends, including recycled acrylic fibre — at its unit near Ludhiana, Punjab. It supplies spinners, knitters and apparel makers across India.
Strengths
- ✅ Three decades in fibre dyeing and processing
- ✅ Wide range across acrylic, polyester, nylon, wool and blended products, including recycled fibre
- ✅ Located in Ludhiana, a major centre for knitwear and yarn
- ✅ PAT rose sharply, from ₹1.4 Cr in FY24 to ₹13.9 Cr in FY26
Risk Factors
- ⚠️ Income growth has been modest (about 9% in FY26) — the profit jump came mainly from better margins, which may not last
- ⚠️ Almost all IPO money (₹61.7 Cr) goes into new machinery, so returns depend on using the added capacity
- ⚠️ Fibre prices follow crude oil and global textile demand
- ⚠️ Borrowings of about ₹33 Cr against net worth of about ₹43 Cr before the issue
- ⚠️ SME listing — trading can be thin after listing
Subscription Status
Not yet open
QIB: —
NII: —
RII: —
GMP Trend
Day-wise Subscription
| Day | QIB | NII | RII | Overall |
|---|---|---|---|---|
| Day 1 | — | — | — | 0.00x |
| Day 2 | — | — | — | 0.00x |
| Day 3 | — | — | — | 0.00x |
Share Reservation
QIB
50%
NII
15%
RII
35%
Allocation as per SEBI regulations for SME IPO
Anchor Investors
Anchor allotment details not yet available.
Promoter Holding
91.74%
Pre-IPO
→ -32.1%
59.63%
Post-IPO
Founders & Leadership
PA
Punit Arora
Promoter
One of the company's promoters
KA
Kumkum Arora
Promoter
One of the company's promoters
IPO Timeline
✓
Open Date
30 Sep 2026
✓
Close Date
06 Oct 2026
✓
Allotment Date
07 Oct 2026
✓
Listing Date
09 Oct 2026
Key Financials
Revenue₹122.5 Cr
PAT₹13.9 Cr
EPS₹7.54
P/E Ratio16.84x
ROE32.50%
Market Cap₹234 Cr
Company Financials (Restated Consolidated)
| Period Ended | FY26 | FY25 | FY24 |
|---|---|---|---|
| Total Income | 122.51 | 112.72 | 92.94 |
| Profit After Tax | 13.87 | 6.73 | 1.35 |
| Net Worth | 42.67 | 28.80 | — |
| Total Borrowing | 33.25 | 33.47 | — |
Amount in ₹ Crore
Key Performance Indicators (KPI)
| KPI | FY26 | FY25 |
|---|---|---|
| ROE (%) | 32.51 | 23.37 |
| Debt / Equity | 0.78 | 1.16 |
| Net Worth (Rs. Cr) | 42.67 | 28.80 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS | ₹7.54 | — |
| P/E (x) | 16.84x | — |
| ROE (%) | 32.50% | — |
| Promoter Holding | 91.74% | 59.63% |
| Market Cap | ₹234 Cr | |
IPO Registrar
Paramount Syntex IPO FAQs
Paramount Syntex IPO is an SME IPO with an issue size of ₹81.79 Cr at a price band of ₹119 – ₹127. Minimum lot size is 1000 shares and the minimum application is 2 lots (minimum investment ~₹2,54,000). Opened on 30 Sep 2026 and closed on 06 Oct 2026. Listed on BSE SME. Registrar: Bigshare Services.