Paramount Syntex IPO Details
Issue Date
30 Sep - 6 Oct'26
Price Band
₹119 - ₹127
Lot Size
1000 Shares
IPO Size
₹82 Cr
Listing At
BSE
Overall Subscription
1.82x
Paramount Syntex IPO Listing Details
Listing On
9 Oct'26
Issue Price
₹127
Listed Price
₹ 115
Retail Gain/Listing Gain
-9.45%Decrease
Schedule of Paramount Syntex IPO
IPO Open Date
30/09/2026
IPO Close Date
06/10/2026
Basis of Allotment
07/10/2026
Refund Initiation
08/10/2026
Credit of Shares
08/10/2026
Listing on exchange
09/10/2026
Paramount Syntex IPO Subscription Status Live
(Last updated on 06 Oct 2026 03:45 PM)
Day | Total | QIB | Retail | NII |
|---|---|---|---|---|
Day 1 30-Sep-2026 | 1.23x | 119.29x | 0.02x | 0x |
Day 2 01-Oct-2026 | 1.28x | 119.29x | 0.1x | 0.01x |
Day 3 05-Oct-2026 | 1.49x | 119.29x | 0.43x | 0.12x |
Day 4 06-Oct-2026 | 1.79x | 119.29x | 1.02x | 0.17x |
About Paramount Syntex IPO
Paramount Syntex IPO, an SME IPO, opens on September 30, 2026 and closes on October 6, 2026. The allotment of shares will take place on October 7, 2026. The listing of shares will take place on Friday, October 9, 2026 on the BSE SME platform.
Paramount Syntex IPO’s price band is set at ₹119 to ₹127 per share. The lot size for an application is 1,000 shares. The minimum amount of investment required by a retail individual investor is ₹2,54,000 (2,000 shares) based on the upper price.
The offer consists of a fresh issue component. The fresh issue will include 0.64 crore shares of ₹81.79 crore. The total number of shares and aggregate amount are 64,40,000 shares aggregating up to ₹82 crore.
Paramount Syntex is engaged in the manufacturing of synthetic fibres and different kinds of yarns and textile products. The company’s products are mainly supplied to the textile industry. The company also has its own research team which works to improve the quality of products and meet the requirements of customers.
Objectives of Paramount Syntex IPO
- Funding of capital expenditure requirements of the company towards purchase of machinery at existing facilities.
- General corporate purposes.

Paramount Syntex IPO Review 2026 | ₹81.79 Cr Textile IPO Opens 30 Sep | Apply or Wait?
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Paramount Syntex IPO Valuation
Detail | Information |
|---|---|
Upper Price Band | ₹127 |
Reserved for Market Maker | 3,23,000 shares (aggregating up to ₹4 crore) |
Fresh Issue (Ex Market Maker) | 61,17,000 shares (aggregating up to ₹78 crore) |
Net Offered to Public | 61,17,000 shares (aggregating up to ₹78 crore) |
EPS Diluted (in ₹) for FY26 | 11.60 |
Share Offer and Subscription Details
Investor Category | Shares Offered |
|---|---|
QIBs | 1.08% of the net offer |
Non-institutional Investors (NIIs) | 49.29% of the net offer |
Retail-individual Investors (RIIs) | 49.63% of the net offer |
IPO Lot Size
Application | Lots | Shares | Amount |
|---|---|---|---|
Individual investors (Retail) (Min) | 2 | 2000 | ₹2,54,000 |
Individual investors (Retail) (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 |
Industry Outlook
India’s textiles sector is one of the oldest industries in the Indian economy, dating back to several centuries. The industry is extremely varied, with hand-spun and hand-woven textiles sectors at one end of the spectrum, with the capital-intensive sophisticated mills sector at the other end. The fundamental strength of the textile industry in India is its strong production base of a wide range of fibre/yarns from natural fibres like cotton, jute, silk, and wool, to synthetic/man-made fibres like polyester, viscose, nylon and acrylic.
About Paramount Syntex
Paramount Syntex is engaged in the manufacturing of synthetic fibres and different kinds of yarns and textile products. The company’s products are mainly supplied to the textile industry. With time, the company has kept improving its processes. The manufacturing process of the company is systematic and covers all key stages such as raw material selection, cleaning, drying, blending, spinning, winding, and quality checking. The company also has its own research team which works to improve the quality of products and meet the requirements of customers. In addition to yarn production, the company has facilities to produce acrylic fiber from waste fiber. The waste fiber is procured from both domestically and imported from Thailand. The company’s operations include production of acrylic fiber, dyed fiber, and yarn, supported by its in-house dyeing unit, spinning, bulking, and packing facilities.
Strengths of Paramount Syntex
- Experienced management team with a combined 30 years of expertise in the textile industry and a strong understanding of market dynamics.
- In-house dyeing, spinning, bulking and packing facilities provide greater control over production quality, efficiency and costs, while enabling faster turnaround times.
- Focus on 100% acrylic fibre yarns and dyed fibre yarns enables the company to cater to diverse customer requirements and adapt to changing market demands in the designer knitting sector.
- Continuous focus on innovation and strengthening core competencies enables the company to respond to evolving industry trends and maintain competitiveness.
- Large base of satisfied customers reflects established customer relationships and trust, supporting repeat business and referrals.
Risks of Paramount Syntex
- Dependence on imported raw materials can expose the company to supply chain disruptions and increased costs.
- Production processes may have environmental impacts, including waste generation and emissions.
- Limited penetration in international markets compared with its domestic presence may constrain global growth opportunities.
- Supply chain and logistics inefficiencies, along with variability in raw material quality, may create challenges in maintaining consistent product quality.
- Compliance with complex regulatory requirements and international standards may increase operational costs.
Paramount Syntex Financials
Year | Year Data |
|---|---|
FY24 | 92.78 |
FY25 | 112.42 |
FY26 | 122.03 |
Peer Comparison
Company Name | Revenue from Operations (Cr) | P/E Ratio | EPS (₹) | NAV per share (₹) |
|---|---|---|---|---|
Paramount Syntex | 122.03 | - | 11.60 | 35.68 |
Shiva Texyarn Limited | 340.52 | 23.35 | 7.50 | 111.22 |
Sangam (India) Limited | 3201.39 | 33.15 | 17.06 | 214.17 |
Donear Industries Limited | 912.47 | 9.83 | 8.36 | 53.26 |
Note: Industry peer may be modified for finalization of Issue Price before filing Red Herring Prospectus with ROC.
Considering the nature and turnover of business of the company, the peers are not strictly comparable. However, the same has been included for broader comparison.
The figures for Paramount Syntex are based on the standalone restated results for the year ended March 31, 2026.
The figures for the peer group are based on audited results for the year ended March 31, 2026.
Net worth has been computed in the manner as specified in Regulation 2(1)(hh) of SEBI (ICDR) Regulations, 2018.
Anchor Investor Bidding Date
Tuesday, 29 September 2026.
IPO Registrar and Book Running Lead Managers
Registrar Details
Bigshare Services Pvt.Ltd.
Email: ipo@bigshareonline.com
Tel: 8657578989/8069219065/8069219060
Book Running Lead Manager
Sobhagya Capital Options Pvt.Ltd
Paramount Syntex Contact Details
32, Floor- 3, Plot 196/198, Bhagwan Bhuwan, Hazrat Abbas Road, Samuel Street, Vadgadi Masjid, Chinchbunder, Princess Dock, Mumbai, Maharashtra, 400009
Email: paramountsyntexp@gmail.com
Phone: +91-99155-77902
Paramount Syntex Business Model
The company earns its revenue through the manufacturing of synthetic fibres and different kinds of yarns and textile products.
Paramount Syntex Growth Trajectory
Paramount Syntex’s Total Income for FY26 was ₹122.51 crore, whereas in FY25 and FY24 it was ₹112.72 crore and ₹92.94 crore, respectively.
The Profit After Tax for FY26 was ₹13.87 crore, whereas in FY25 and FY24 it was ₹6.73 crore and ₹1.35 crore, respectively.
Their EBITDA for FY26 was ₹23.59 crore, whereas in FY25 and FY24 it was ₹13.17 crore and ₹9.45 crore, respectively.
Paramount Syntex Market Position
As of 31 March 2026, the company’s Total Income, Profit After Tax, and EBITDA were ₹122.51 crore, ₹13.87 crore, and ₹23.59 crore, respectively.
Paramount Syntex Profit and Loss Statement (in ₹ crore)
Parameter | FY 26 | FY 25 | FY 24 |
|---|---|---|---|
Total Income | 122.51 | 112.72 | 92.94 |
Profit Before Tax | 19.14 | 9.18 | 5.22 |
Profit After Tax | 13.87 | 6.73 | 1.35 |
EPS (Diluted) ₹ | 11.60 | 5.69 | 1.27 |
EBITDA | 23.59 | 13.17 | 9.45 |
Paramount Syntex Balance Sheet (in ₹ crore)
Parameter | FY 26 | FY 25 | FY 24 |
|---|---|---|---|
Profit Before Tax | 19.14 | 9.18 | 5.22 |
Net Cash from Operating Activities | 5.90 | (2.57) | (0.74) |
Net Cash from Investing Activities | (2.87) | (4.41) | (0.92) |
Net Cash from Financing Activities | (3.01) | 6.22 | 1.55 |
Cash & Cash Equivalents | 0.02 | (0.76) | (0.10) |
Note: () denotes negative
How to apply for Paramount Syntex IPO?
- Step 1: Log in to your Kotak Neo Demat account to access IPO investments. Next, select the current IPO section.
- Step 2: Specify IPO details. Enter the number of lots and the price you wish to apply for.
- Step 3: Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.
- Step 4: Mandate Notification. Your UPI app will receive a mandate notification to block funds.
- Step 5: Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.
Paramount Syntex IPO FAQs
The Paramount Syntex IPO opens for subscription from 30-09-2026 to 06-10-2026, with a total issue size of ₹82 Cr. The IPO price band is ₹119 to ₹127 per share with a lot size of 2000. The company aims to list the shares on BSE & NSE on 09-10-2026.
The Paramount Syntex IPO will open for subscription on 30-09-2026 and will close on 06-10-2026 for investors.
The lot size of Paramount Syntex IPO is 2000 equity shares, requiring a minimum investment of ₹127000/2 Lots for retail investors applying in the IPO.
The price band of the Paramount Syntex IPO has been fixed at ₹119 to ₹127 per equity share.
You can apply for the Paramount Syntex IPO online through the Kotak Neo Website or the Kotak Neo App using UPI or ASBA during the IPO subscription period.
Paramount Syntex IPO allotment will take place on 07-10-2026.
You can check the Paramount Syntex IPO allotment status online on the registrar’s website or on the NSE and BSE IPO allotment pages using your application number, PAN, or demat account details.
Paramount Syntex shares will list on the stock exchanges on 09-10-2026.
You can find detailed information about the Paramount Syntex IPO, including its business operations, financial performance, risk factors, and IPO objectives, in the Draft or Red Herring Prospectus (RHP).
Punit Arora is the Chairman and Managing Director of Paramount Syntex.
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This article is for informational purposes only and does not constitute financial advice. It is not produced by the desk of the Kotak Securities Research Team, nor is it a report published by the Kotak Securities Research Team. The information presented is compiled from several secondary sources available on the internet and may change over time. Investors should conduct their own research and consult with financial professionals before making any investment decisions. Read the full disclaimer here.
Investments in securities market are subject to market risks, read all the related documents carefully before investing. Brokerage will not exceed SEBI prescribed limit. The securities are quoted as an example and not as a recommendation. SEBI Registration No-INZ000200137 Member Id NSE-08081; BSE-673; MSE-1024, MCX-56285, NCDEX-1262.










