Paramount Syntex IPO
Grey Market Premium (GMP)
GMP applies before listing only. This IPO has listed — see Listing Performance below for the actual debut.
Subscription Status
| Category | Subscription |
|---|---|
| QIB | 119.29x |
| NII | 0.09x |
| sNII (₹2L–₹10L) | 0.21x |
| bNII (above ₹10L) | 0.03x |
| Retail (RII) | 1.1x |
| Total | 1.88x |
Bidding day 7 · final figures at close of bidding: 9 Oct 2026, 6:30 pm IST
IPO Details
- Open Date
- 30 Sept 2026
- Close Date
- 6 Oct 2026
- Listing Date
- 9 Oct 2026
- Face Value
- ₹10
- Fresh Issue
- ₹77.69 Cr
- OFS
- ₹0 Cr
- Listing On
- BSE
- Registrar
- Bigshare Services
The fresh issue is money for the company; the OFS goes to selling shareholders. Fresh issue vs offer for sale, explained
Lot Size & Application Amounts
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2,000 | ₹2,54,000 |
| HNI (Min) | 3 | 3,000 | ₹3,81,000 |
Issue Reservation
| Investor category | Shares offered | % of issue |
|---|---|---|
| QIB (ex-anchor) | 66,000 | 1.08% |
| NII | 30,15,000 | 49.29% |
| — sNII (< ₹10L) | 10,05,000 | 16.43% |
| — bNII (> ₹10L) | 20,10,000 | 32.86% |
| Retail | 30,36,000 | 49.63% |
| Total | 61,17,000 | 100% |
The anchor portion is carved out of the QIB quota. Percentages are of the total shares offered.
Financials (₹ Cr)
| Period Ended | Revenue | PAT | EBITDA | Net Worth | Total Assets | Borrowings | EPS (₹) |
|---|---|---|---|---|---|---|---|
| FY 2024 | 92.94 | 1.35 | 9.45 | 14.05 | 60.25 | 32.59 | — |
| FY 2025 | 112.72 | 6.73 | 13.17 | 28.8 | 76.09 | 33.47 | — |
| FY 2026 | 122.51 | 13.87 | 23.59 | 42.67 | 96.26 | 33.25 | 11.6 |
Restated figures from the offer document. Amounts in ₹ crore; EPS in ₹ per share. FY = the 12 months ended 31 March.
KPIs & Valuation
- P/E (pre-issue)
- 10.95x
- P/E (post-issue)
- 16.84x
- RoNW
- 32.5%
- RoE
- 32.5%
- RoCE
- 29.18%
- Debt / Equity
- 0.78
- EPS (pre-issue)
- ₹11.6
- EPS (post-issue)
- ₹7.54
- EBITDA Margin
- 19.33%
- PAT Margin
- 11.36%
- P/BV
- 7.96x
- NAV / share
- ₹15.96
- Market Cap
- ₹233.67 Cr
As of 31 Mar 2026 (latest reported period in the offer document). Market cap is computed on a post-issue basis at the upper price band.
Objects of the Issue
| Purpose | Est. Amount |
|---|---|
| Funding of capital expenditure requirements of our Company towards purchase of Machinery at existing facilities | ₹61.68 Cr |
| General Corporate Purposes | ₹9.91 Cr |
| Issue Expense | ₹10.2 Cr |
Net-proceeds utilisation as disclosed in the offer document.
Issue Expenses
| Purpose | Est. Amount |
|---|---|
| Book Running Lead Manager fees | ₹0.5 Cr |
| Fees Payable to Registrar to the Issue | ₹0.04 Cr |
| Fees Payable Advertising and Printing Expenses | ₹0.11 Cr |
| Fees Payable to Regulators including Stock Exchanges and other Intermediaries | ₹0.06 Cr |
| Fees payable to Peer Review Auditor and Legal Advisor | ₹0.08 Cr |
| Fees payable to Market Maker (for Three Year) | ₹0.03 Cr |
| Escrow Bank Fees | ₹0.05 Cr |
| Others (Fees payable for marketing & distributing expenses, selling commission, brokerage, processing fees, underwriting fees and miscellaneous expenses) | ₹9.34 Cr |
Promoters & Shareholding
Promoters: <p>Punit Arora, Kumkum Arora</p>
- Holding (pre-issue)
- 91.74%
- Holding (post-issue)
- 59.63%
- Dilution
- 32.11%
Documents
Peer Comparison
| Company | EPS (₹) | NAV (₹) | P/E | RoNW | P/BV | Statements |
|---|---|---|---|---|---|---|
| Paramount Syntex | 11.6 | 35.68 | — | 32.5% | — | Standalone |
| Donear Industries Ltd. | 8.36 | 53.26 | 9.83x | 15.69% | 1.55x | Standalone |
| Sangam India Ltd. | 17.06 | 214.17 | 33.15x | 7.96% | 2.64x | Standalone |
| Shiva Texyarn Ltd. | 7.5 | 111.22 | 23.35x | 6.74% | 1.58x | Standalone |
Peer group as disclosed in the offer document, figures as of 31 Mar 2026. The issuer’s P/E is computed at the upper price band.
Lead Managers (BRLMs)
Tap a lead manager to see every IPO it has run and how those listings fared.
Listing Performance
About the Paramount Syntex IPO
The Paramount Syntex SME IPO opens for subscription on 30 Sept 2026 and closes on 6 Oct 2026, offered at a price band of ₹119–127 per share, and is set to list on BSE. In total, the issue aims to mobilise ₹81.79 crore. Retail investors bid in lots of 1000 shares, a minimum application of ₹2,54,000.
Issue structure
The IPO is structured entirely as a fresh issue of ₹77.69 crore, so the full proceeds flow to the company to fund its stated objects of the issue.
Objects of the issue
Per the offer document, the company intends to deploy the net proceeds primarily toward funding of capital expenditure requirements of our company towards purchase of machinery at existing facilities (₹61.68 crore), alongside issue expense (₹10.2 crore). In all, 3 objects are disclosed — the full break-up is in the table above.
Financials
In FY2026, Paramount Syntex reported revenue of ₹122.51 crore and a net profit of ₹13.87 crore. Revenue grew from ₹92.94 crore in FY2024 to ₹122.51 crore in FY2026 (+32.0%). Net worth stood at ₹42.67 crore at the end of FY2026. At the upper band, that puts the issue at roughly 10.9× FY2026 earnings (P/E), a figure worth comparing against listed peers in the sector.
Valuation
At the upper band, the issue is priced at 16.84× post-issue earnings and 7.96× book value, against a return on net worth of 32.5% and a debt-to-equity ratio of 0.78. These ratios come from the offer document and are for comparison, not a recommendation.
Peer comparison
The offer document names listed peers including Donear Industries Ltd. and Sangam India Ltd., with a median peer P/E of about 23.4×. The issue's own post-issue P/E works out to 16.84×.
Promoters
The promoters of the company are <p>Punit Arora, Kumkum Arora</p>. Promoter holding stands at 91.74% before the issue and comes down to 59.63% after listing.
Grey market premium (GMP)
In the unofficial grey market, Paramount Syntex shares are quoted at a premium of ₹0 implying an expected listing around ₹127, about +0.0% over the upper band. Grey market premium is a sentiment indicator set by private dealers, not the company or the exchange — it moves quickly and is not a reliable predictor of the actual listing price.
Subscription
The Paramount Syntex IPO was subscribed 1.88 times overall. The strongest demand came from qualified institutional buyers (QIB) at 119.29 times, with non-institutional investors (NII) at 0.09× and retail investors at 1.1×.
Listing performance
Paramount Syntex listed on 9 Oct 2026 at ₹115, a discount of -9.4% over the issue price of ₹127.
What to weigh
When evaluating the Paramount Syntex IPO, the data points most investors look at are the fresh-issue-versus-OFS split, the revenue and profitability trend, subscription demand across investor categories and the grey market premium. Grey market premium and subscription figures reflect short-term sentiment rather than long-term fundamentals; the figures on this page are for information only and are not investment advice.
About Paramount Syntex
Incorporated in 1996, Paramount Syntex Limited 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). Led by its experienced promoters, Paramount Syntex continues to strengthen its market position by maintaining product quality, investing in process improvement, and leveraging trading opportunities to ensure sustainable and profitable growth.
Paramount Syntex — Contact Details
- Registered office
- 32, Floor- 3, Plot 196/198, Bhagwan Bhuwan,, Hazrat Abbas Road, Samuel Street, Vadgadi Masjid,, Chinchbunder, Princess Dock,, Mumbai, Maharashtra, 400009
- Phone
- +91-99155-77902
- Website
- www.paramountsyntex.com/
- Registrar (IPO queries)
- ipo@bigshareonline.com
Frequently asked questions
- What is the Paramount Syntex IPO price band?
- The Paramount Syntex IPO price band is ₹119 to ₹127 per share, with a lot size of 1000 shares.
- What was the Paramount Syntex IPO GMP before listing?
- The final grey market premium recorded before the Paramount Syntex IPO listed was ₹0. The IPO listed on 9 Oct 2026 at ₹115, -9.4% against the issue price. GMP is an unofficial figure and was never a guarantee of the listing price.
- When does the Paramount Syntex IPO open and close?
- The Paramount Syntex IPO opens on 30 Sept 2026 and closes on 6 Oct 2026.
- When is the Paramount Syntex IPO allotment and listing date?
- Allotment is expected on 7 Oct 2026. The shares are scheduled to list on 9 Oct 2026 on BSE.
- How many times was the Paramount Syntex IPO subscribed?
- The Paramount Syntex IPO was subscribed 1.88 times in total across all investor categories.
- What is the reservation split in the Paramount Syntex IPO?
- Of the total shares offered, retail investors get 49.63%, QIBs 1.08%, non-institutional investors 49.29%. The full category-wise break-up is in the Issue Reservation table on this page.
- Who are the promoters of Paramount Syntex and what is their holding?
- The promoters are <p>Punit Arora, Kumkum Arora</p>. Promoter holding is 91.74% before the issue and 59.63% after listing.
- What is the P/E ratio of the Paramount Syntex IPO?
- At the upper price band, the Paramount Syntex IPO is valued at 10.95× pre-issue earnings and 16.84× post-issue earnings, based on the financials disclosed in the offer document.
- What are the objects of the Paramount Syntex IPO?
- The net proceeds go primarily toward funding of capital expenditure requirements of our company towards purchase of machinery at existing facilities, among 3 disclosed objects. See the Objects of the Issue table for the full break-up.
- Who are the lead managers and registrar of the Paramount Syntex IPO?
- The book-running lead manager is Sobhagya Capital Options Pvt.Ltd.. Bigshare Services is the registrar to the issue.
- Is Paramount Syntex a Mainboard or SME IPO?
- Paramount Syntex is an SME IPO, listing on BSE (SME platform).