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Paramount Syntex IPO
1.93xsubscribed

Paramount Syntex IPO

Textile
listed
₹2.38LMin. investment

Paramount Syntex Limited IPO Details

SectorTextile
Price range₹119 – ₹127
IPO type
SME
Lot size1000 shares
Issue size₹82Cr
Red Herring Prospectus
Read
Market cap
₹233.67CrLower than sector avg
RevenueApr 2025 - Mar 2026
₹122.02CrLower than sector avg
Growth rate3Y CAGR
14.68%

Paramount Syntex IPO Subscription Status

Date
QIB
NII
Retail
Total
30-Sep-26
119.29 times (X)
0.0 times (X)
0.03 times (X)
1.3 times (X)
01-Oct-26
119.29X
0.02X
0.1X
1.35X
05-Oct-26
119.29X
0.14X
0.44X
1.57X
06-Oct-26
119.29X
0.2X
1.09X
1.93X

As on 30-Sep-26, 5:00 PM

Paramount Syntex IPO Timeline

  1. Pre-apply
    29 Sep 2026
  2. Bid start
    30 Sep 2026
  3. Bid end
    6 Oct 2026
  4. Allotment
    7 Oct 2026
  5. Release of funds
    8 Oct 2026
  6. Demat transfer
    8 Oct 2026
  7. Listing
    9 Oct 2026

About Paramount Syntex Limited

Paramount Syntex manufactures synthetic fibres, yarns and textile products and also undertakes trading. Its in-house operations cover fibre processing, tow dyeing, hank dyeing, spinning, bulking and packing.
The company was incorporated in 1996 and operates from a registered office in Mumbai and two factory units at Village Mangarh, Ludhiana, with combined factory land of approximately 7,268.73 sq. yards. Manufacturing and trading of fibre, yarn and knitted cloth formed a single business segment and accounted for 100% of FY26 revenue from operations.
The product range includes acrylic, polyester, wool, nylon, high-bulk and blended yarns; recycled synthetic fibres; and acrylic and knitted cloth. FY26 revenue was led by acrylic/wool yarns at 60.58%, followed by acrylic/knitted cloth at 16.11%, polyester yarn at 6.62%, raw wool and raw waste at 4.80%, tow/fibre at 4.17%, nylon yarn at 3.05%, job work at 2.62%, acrylic waste at 1.78% and others at 0.28%.
These products serve textile applications including apparel, knitwear, hosiery, home furnishings and industrial uses. The company processes waste generated by virgin synthetic-fibre manufacturers into recycled fibre and yarn, with raw material sourced from domestic and international suppliers, primarily Thailand.
For FY26, installed capacity for tow dyeing, hank dyeing, fibre and spinning was 1,350, 1,260, 2,400 and 1,200, respectively; corresponding utilisation was 1,100, 1,190, 2,100 and 1,100. Overall utilisation increased from 76.9% in FY24 to 88.7% in FY26. The FY26 sales were entirely domestic. Punjab contributed 90.6%, followed by Maharashtra at 4.3%, Uttar Pradesh at 3.30%, Delhi at 1.06%, Himachal Pradesh at 0.4% and Haryana at 0.2%.

Checklist

Quality analysis
Revenue growth
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Risk analysis
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Objectives of Paramount Syntex Limited IPO

Capital expenditure
75.20%
The company will utilise ₹61.67 crore to purchase machinery at its existing facilities.
General corporate purposes
24.70%
Part of the IPO proceeds will be used for general corporate purposes and issue expenses.

Compare

CompanyRevenue*3Y growthPATMarket capP/E ratioD/E ratio
This IPO₹122.02Cr14.68%₹13.86Cr₹233.67Cr10.950.78
This sector (avg.)₹454.61Cr0%₹6.27Cr₹1,147.5Cr44.260.81
₹4,934.91Cr---₹729.14Cr₹36,802.21Cr48.160.19
₹6,387.88Cr---₹815.11Cr₹29,722.44Cr35.480.09
₹4,937.87Cr---₹874.41Cr₹13,216.91Cr22.420.40

*Revenue for financial year 2025-26. Lower P/E and D/E ratios are generally preferred.

Paramount Syntex IPO Contact Details

Company NameParamount Syntex Limited

How to apply for Paramount Syntex IPO?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Paramount Syntex Limited IPO FAQs

Investors can apply for the Paramount Syntex IPO through their Demat account via the stock exchange or through their broker.
The issue size of the Paramount Syntex IPO is 82 Cr.
Pre-applying for an IPO allows you to submit your application before the official subscription period begins.
The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.
Paramount Syntex IPO will be open between 2026-09-30 and 2026-10-06.
Paramount Syntex IPO allotment date is 2026-10-08. For Paramount Syntex IPO allotment status check, you can visit the website of the registrar of the IPO.
For Paramount Syntex IPO, the IPO registrar is BIGSHARE SERVICES PRIVATE LIMITED. You can check Paramount Syntex IPO allotment status on the website of the registrar.
The shares are proposed to be listed on the BSE and NSE.
The Paramount Syntex IPO shares will typically be credited to your demat account one working day before the IPO's listing date, provided your application is successfully allotted.
The Paramount Syntex IPO lot size is 1000 and minimum order quantity is 2000.
Paramount Syntex IPO has set the price band for its IPO at 127 per equity share with a face value of 10.