PARAMOUNT SYNTEX IPO

SMELISTED

PARAMOUNT SYNTEX is a SME IPO with a current status of LISTED. The price band is 119 - 127. The issue opens on 30 SEP and closes on 06 OCT. The listing date is 09 OCT.

Price Band

119 - 127

Unofficial GMP

₹0

Lot Size

1,000 shares

Minimum Investment

₹₹2,54,000

PARAMOUNT SYNTEX IPO GMP

The latest available GMP is ₹0. Grey Market Premium is unofficial, may change frequently and does not guarantee the listing price, listing gains or investment returns.

Estimated Listing Price

₹127.00

Estimated Gain

0.0%

PARAMOUNT SYNTEX IPO GMP History

0

03 OCT

0

04 OCT

0

05 OCT

0

06 OCT

0

07 OCT

0

08 OCT

PARAMOUNT SYNTEX IPO Details

IPO Type
SME
Status
LISTED
Price Band
119 - 127
Issue Size
₹81.79 Cr
Issue Type
Book Build Issue
Fresh Issue
₹77.69 Cr
Face Value
10
Lot Size
1,000
Minimum Investment
₹2,54,000
Exchange
BSE
Registrar
Bigshare Services Pvt.Ltd.
Lead Managers
Sobhagya Capital Options Pvt.Ltd.
Market Maker
₹4.10 Cr

PARAMOUNT SYNTEX IPO Dates

Open Date
30 SEP
Close Date
06 OCT
Allotment Date
07 OCT
Refund Date
08 OCT
Demat Credit Date
08 OCT
Listing Date
09 OCT

PARAMOUNT SYNTEX IPO Subscription

QIB
119.29x
NII / HNI
0.18x
Retail
1.18x
Employee
--
Total Subscription
1.83x

PARAMOUNT SYNTEX IPO Financials

Revenue
PAT
Total Assets

Revenue

FY2026

₹122.00 Cr

+8.93% vs FY2025

PAT

FY2026

₹13.87 Cr

+106.09% vs FY2025

Total Assets

FY2026

₹96.26 Cr

+26.51% vs FY2025

ParticularsFY2024FY2025FY2026
Revenue92.78112122
Net Profit1.356.7313.87
Total Assets60.2576.0996.26

PARAMOUNT SYNTEX IPO Valuation

Market Cap (Post IPO)
₹233.67 Cr.
EPS
11.60
P/E Ratio
10.95
Price to Book Value
7.96
ROE
32.50%
ROCE
29.18%
RONW
32.50%
Debt / Equity
0.78%
PAT Margin
11.36%
EBITDA Margin
19.33%

PARAMOUNT SYNTEX Peer Comparison

PeerRevenuePATEPSP/EROERONWDebt / Equity
SHIVA TEXYARN340.529.727.5023.35x--6.74%--
SANGAM (INDIA) 3,201.3985.7017.0633.15x--7.96%--
DONEAR INDUSTRIES912.4743.468.369.83x--15.69%--

PARAMOUNT SYNTEX IPO Market Lot

CategoryLotsSharesInvestment
Retail Minimum22,000₹2,54,000
Retail Maximum22,000₹2,54,000
Small HNI33,000₹3,81,000
Big HNI88,000₹10,16,000

PARAMOUNT SYNTEX IPO Reservation

QIB
1.08%
NII / HNI
49.29%
Retail
49.63%

PARAMOUNT SYNTEX Promoter Holding and Anchor Allocation

Pre-IPO Promoter Holding
91.74%
Post-IPO Promoter Holding
59.63%

PARAMOUNT SYNTEX Company Overview

1. Paramount Syntex Limited is a textile manufacturing company engaged in synthetic fibres, yarns and knitted cloth. 2. The company manufactures acrylic wool yarns, polyester yarns, nylon yarns, blended fancy yarns and recycled acrylic fibres. 3. It operates an integrated manufacturing facility in Ludhiana, Punjab. 4. Its manufacturing processes include fibre processing, tow dyeing, hank dyeing, spinning, bulking, twisting and packing. 5. The company also manufactures recycled acrylic fibre using domestic and imported waste acrylic materials. 6. Its products are used in apparel, home textiles, hosiery, fashion knitting and industrial textiles. 7. The company serves both domestic customers, particularly in Punjab, and export markets. 8. Paramount Syntex focuses on value-added and recycled textile products along with conventional synthetic yarns. 9. The company has in-house quality-control and research capabilities supporting its manufacturing operations. 10. The company was incorporated in 1996 and was converted from a private limited company to a public limited company in 2024.

PARAMOUNT SYNTEX Business Model

1. Synthetic Fibre Manufacturing: Manufacturing of synthetic and recycled fibres. 2. Yarn Manufacturing: Production of acrylic, polyester, nylon, blended and fancy yarns. 3. Recycled Acrylic Fibre: Conversion of waste acrylic fibre into value-added recycled fibre and yarn products. 4. Integrated Manufacturing: Fibre processing, dyeing, spinning, bulking, twisting and packing are carried out in-house. 5. Domestic Sales: Products are sold across domestic textile markets, with significant presence in Punjab. 6. Export Business: The company also generates revenue through export sales. 7. End-User Industries: Apparel, hosiery, home textiles, fashion knitting and industrial textiles. 8. Capacity Expansion: IPO proceeds are proposed to be used for purchasing additional machinery at the existing manufacturing facilities.

PARAMOUNT SYNTEX Objects of the Issue

1. Synthetic Fibre Manufacturing: Manufacturing of synthetic and recycled fibres. 2. Yarn Manufacturing: Production of acrylic, polyester, nylon, blended and fancy yarns. 3. Recycled Acrylic Fibre: Conversion of waste acrylic fibre into value-added recycled fibre and yarn products. 4. Integrated Manufacturing: Fibre processing, dyeing, spinning, bulking, twisting and packing are carried out in-house. 5. Domestic Sales: Products are sold across domestic textile markets, with significant presence in Punjab. 6. Export Business: The company also generates revenue through export sales. 7. End-User Industries: Apparel, hosiery, home textiles, fashion knitting and industrial textiles. 8. Capacity Expansion: IPO proceeds are proposed to be used for purchasing additional machinery at the existing manufacturing facilities.

PARAMOUNT SYNTEX Strengths

1. Integrated in-house manufacturing setup covering multiple stages of fibre and yarn production. 2. Diversified product portfolio comprising acrylic, polyester, nylon, blended and fancy yarns. 3. Focus on recycled acrylic fibre using waste materials, supporting resource-efficient manufacturing. 4. Established manufacturing presence in Ludhiana, Punjab. 5. Products cater to multiple end-use industries including apparel, hosiery, home textiles and industrial textiles. 6. High capacity utilisation has been reported across its manufacturing operations. 7. In-house quality control provides greater control over product quality and manufacturing processes. 8. IPO proceeds are primarily directed towards machinery and capacity expansion. 9. Entire IPO is a fresh issue, meaning the proceeds are intended for the company rather than an offer for sale by existing shareholders. 10. ISO 9001:2015 and ISO 14001:2015 certifications support its quality and environmental management systems.

PARAMOUNT SYNTEX Risks

1. Business Concentration: Manufacturing and trading of fibre, yarn and knitted cloth accounted for 100% of revenue from operations in FY26. 2. Customer Concentration: Top 10 customers contributed approximately 54.81% of total sales in FY26. 3. No Long-Term Customer Contracts: The company does not have long-term agreements with major customers, creating order-volume and customer-retention risk. 4. Supplier Concentration: Top suppliers accounted for a significant portion of raw-material purchases, increasing dependency on key suppliers. 5. Raw-Material Price Risk: Raw materials are sourced from third-party suppliers in India and overseas, exposing the company to price and supply fluctuations. 6. Single Manufacturing Location: Major manufacturing operations are concentrated at the Ludhiana facility, making the business vulnerable to operational disruptions. 7. Machinery Procurement Risk: Delays in purchasing or installing the proposed machinery could affect the planned capacity expansion. 8. Forex Risk: Imported machinery and international transactions expose the company to foreign-exchange fluctuations. 9. Textile Industry Competition: The company faces competition from organised, unorganised, domestic and international textile manufacturers. 10. Working Capital Risk: The business requires significant working capital for inventory, production and customer receivables. 11. Legal and Regulatory Proceedings: The company has certain outstanding civil, criminal, tax, statutory and regulatory matters that could have an adverse impact if material proceedings are decided against it. 12. Cash Flow Risk: The company has reported negative cash flows in operating and investing activities in certain historical financial years.

PARAMOUNT SYNTEX Frequently Asked Questions

What is the PARAMOUNT SYNTEX IPO price band?

The PARAMOUNT SYNTEX IPO price band is 119 - 127.

What is the latest PARAMOUNT SYNTEX IPO GMP?

The latest available PARAMOUNT SYNTEX IPO GMP in the IPOWEB database is ₹0. GMP is unofficial and does not guarantee a listing gain.

When does the PARAMOUNT SYNTEX IPO open and close?

The PARAMOUNT SYNTEX IPO opens on 30 SEP and closes on 06 OCT.

When is the PARAMOUNT SYNTEX IPO allotment date?

The PARAMOUNT SYNTEX IPO allotment date is 07 OCT.

When is the PARAMOUNT SYNTEX IPO listing date?

The PARAMOUNT SYNTEX IPO listing date is 09 OCT.

What is the PARAMOUNT SYNTEX IPO subscription?

The latest total subscription available for the PARAMOUNT SYNTEX IPO is 1.83x.