Paramount Syntex
LISTEDIPO Date: 30 Sept - 6 Oct 2026
Listing Date: 9 Oct 2026
Price Range
Rs.119 - Rs.127
Issue Size
82 Cr
Min Investment
₹2,38,000
2 lots minimum (SEBI rule for SME)
Min Application
2000 Shares
1000 per lot × 2
Schedule of Paramount Syntex
Issue open date
30 Sept 2026
Issue close date
6 Oct 2026
UPI mandate deadline
6 Oct 2026 (5 PM)
Allotment finalization
7 Oct 2026
Share credit
8 Oct 2026
Listing date
9 Oct 2026
Mandate end date
21 Oct 2026
Issue size
| Funds Raised in the IPO | Amount |
|---|---|
| Overall | 82 Cr |
| Fresh Issue | 81.79 Cr |
| Offer for Sale | 0 Cr |
Allotment DetailsNew
| Allotment Timeline | Details |
|---|---|
| Allotment Date | 7 Oct 2026 |
| Allotment Link | {Link} |
Grey Market Premium
NewGrey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.
| Date | IPO Price | GMP | Est. Listing Price |
|---|---|---|---|
| 9 Oct 2026Latest | ₹127 | ₹0 | ₹127(0%) |
| 8 Oct 2026 | ₹127 | ₹0 | ₹127(0%) |
| 7 Oct 2026 | ₹127 | ₹0 | ₹127(0%) |
| 6 Oct 2026 | ₹127 | ₹0 | ₹127(0%) |
| 5 Oct 2026 | ₹127 | ₹0 | ₹127(0%) |
| 4 Oct 2026 | ₹127 | ₹0 | ₹127(0%) |
| 3 Oct 2026 | ₹127 | ₹0 | ₹127(0%) |
| 2 Oct 2026 | ₹127 | ₹0 | ₹127(0%) |
| 1 Oct 2026 | ₹127 | ₹0 | ₹127(0%) |
| 30 Sept 2026 | ₹127 | ₹0 | ₹127(0%) |
Performance Paramount Syntex
| Issue Price | Listing Gain | Current Market Price | P/L |
|---|---|---|---|
| Rs.119 - Rs.127 | ₹ 115 (-9.45%) | ₹ 55.95 | -55.94% |
About Paramount Syntex
Paramount Syntex Limited is engaged in the manufacturing of synthetic fibres, yarns and textile products, which are primarily supplied to the textile industry. Its product portfolio includes acrylic, polyester, wool and nylon yarns, blended yarns, acrylic fibres, acrylic tow and waste, modified polyester yarn, acrylic cloth and knitted cloth. The company also manufactures recycled synthetic fibre using waste fibre sourced from domestic suppliers and imports, primarily from Thailand. The company has in-house facilities for fibre processing, tow dyeing, hank dyeing, spinning, bulking and packing. Its manufacturing process covers stages including raw material processing, blending, spinning, winding, dyeing, and packaging. Paramount Syntex operates two factory units at Ludhiana, Punjab, with a combined factory land area of about 7,268.73 square yards. Its registered office is located in Mumbai, Maharashtra.
| Founded in | 1996 |
| Managing director | Mr Punit Arora |
| Parent organization |
Financial Overview
Strengths
5- 1
Fully integrated in-house manufacturing setup.
- 2
Eco-friendly recycling of waste acrylic into premium yarns.
- 3
High capacity utilization averaging 70% to 83%.
- 4
Strict end-to-end control over quality and delivery.
- 5
Ample existing infrastructure for seamless expansion.
Risks
5- 1
Orders for 100% of proposed machinery remain unplaced.
- 2
Project funding requirements are unappraised by any bank.
- 3
Unhedged forex exposure risks machinery cost overruns.
- 4
Machinery procurement delays could disrupt implementation.
- 5
Heavy reliance on a single manufacturing facility in Punjab.
Subscription Figures
| Category | Subscription (No. of times) |
|---|---|
| Qualified Institutional Buyers (QIBs) | 119.29 |
| Non-Institutional Investors (NIIs) | 0.09 |
| Retail Individual Investors (RIIs) | 1.1 |
| Employee | N/A |
| Total | 1.88 |