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Paramount Syntex IPO

Upcoming SME BSE SME · Other Textile Products
35/100 TopFund Score

Price Band

₹119.0–127.0

Issue Size

₹81.79 Cr

Lot Size

1,000 shares

Min Investment

₹254,000

2 LOTS MIN

GMP

Grey Market Premium — the unofficial premium buyers are currently willing to pay over the issue price once this IPO lists. It's an informal market estimate, not guaranteed, and can move daily right up to listing day. Learn more: GMP vs Kostak vs Sauda →

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Issue Price

₹127.0

Paramount Syntex IPO AI Summary

  • Paramount Syntex IPO is upcoming on BSE SME in the Other Textile Products sector.
  • Price band: ₹119.0–₹127.0 per share, lot size 1,000 shares (min. investment ₹254,000, 2 lots minimum).
  • Subscription window: 30 Sep–06 Oct 2026, listing on 09 Oct 2026.

TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.

Important Dates

IPO Open Date
Wed, 30 Sep 2026 in 2d
IPO Close Date
Tue, 06 Oct 2026 in 8d
Allotment Date
Wed, 07 Oct 2026 in 9d
Refund Initiation
Thu, 08 Oct 2026 in 10d
Credit of Shares
Thu, 08 Oct 2026 in 10d
Listing Date
Fri, 09 Oct 2026 in 11d
Listing Price
₹127.0

Subscription Status

IPO not open yet

Opens 30 Sep 2026 · in 2 days

Paramount Syntex IPO Grey Market Premium (GMP) Today

GMP not available yet

Grey Market Premium is updated daily. Check back closer to the listing date.

TopFund Score — Listing Data Indicator

Composite Score

35/100

As of 28 Sep 2026 · How we calculate this →

Low Signal
GMP Strength (35%) 20/100

GMP is 0.0% above issue price

Subscription Demand (30%) N/A

Subscription not open yet

Anchor Investor Interest (15%) N/A

No anchor allocation for this IPO

Historical Similar-IPO Performance (20%) 60/100

Similar IPOs (same sector & type) averaged 14.1% listing gain

A rules-based composite of GMP, subscription demand, anchor participation and comparable-IPO history — each weighted as shown above. Not a statistically validated probability, a guarantee of listing performance, or personalized investment advice.

Limitations: weights are fixed by TopFund, not backtested against outcomes; the "Historical Similar-IPO Performance" factor needs at least 3 comparable past listings and falls back to a broader, less specific cohort when this sector/type doesn't have enough; GMP and subscription data can change daily right up to listing day, so scores shown may already be stale — check the "as of" date above.

About the Company

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.

Company Financials (₹ Cr)

As of 2026-03-31

Period Ended 31 Mar 2026 31 Mar 2025 31 Mar 2024
Assets 96.26 76.09 60.25
Total Income 122.51 112.72 92.94
Profit After Tax 13.87 6.73 1.35
EBITDA 23.59 13.17 9.45
NET Worth 42.67 28.80 14.05
Reserves and Surplus 30.71 16.84 3.40
Total Borrowing 33.25 33.47 32.59

Key Ratios

EPS

₹11.60

NAV

₹15.96

ROE

32.50%

ROCE

29.18%

RoNW

32.50%

P/B Value

7.96

P/E Ratio

10.95

Market Cap

₹233.67 Cr

PAT Margin

11.36%

Debt/Equity

0.78

Peer Comparison

Company NAV RoNW P/E (x) EPS Basic
Donear Industries Ltd. 53.26 15.69% 9.83 8.36
Sangam India Ltd. 214.17 7.96% 33.15 17.06
Shiva Texyarn Ltd. 111.22 6.74% 23.35 7.5
Paramount Syntex This IPO 35.68 32.5% — 11.6

Promoters

Punit Arora, Kumkum Arora

Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Funding of capital expenditure requirements of our Company towards purchase of Machinery at existing facilities 61.68 2 General Corporate Purposes Total 61.68

IPO Evaluation

Generated 27 Sep 2026

Revenue Trend

Total income was ₹92.94 Cr in the period ending 31 Mar 2024, rising to ₹112.72 Cr by 31 Mar 2025, and further increasing to ₹122.51 Cr by 31 Mar 2026.

Profit Trend

Profit After Tax was ₹1.35 Cr in the period ending 31 Mar 2024, increasing to ₹6.73 Cr by 31 Mar 2025, and further rising to ₹13.87 Cr by 31 Mar 2026.

Valuation

Paramount Syntex has an EPS of ₹11.60, which implies a P/E ratio of 10.95 at the issue price. This is compared to peers like Donear Industries Ltd. with a P/E of 9.83, Sangam India Ltd. at 33.15, and Shiva Texyarn Ltd. at 23.35.

Grey Market Premium, Explained

The grey market refers to the unofficial trading of shares before they are listed on the stock exchange. It provides an indication of the expected listing price based on demand and supply dynamics. A positive grey market premium (GMP) suggests that the stock may list at a higher price than the issue price, while a negative GMP indicates the opposite.

Who This IPO Suits

Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their investment goals, risk appetite, and market conditions. It's essential to consider the company's growth potential and financial health before making a decision.

Who May Want to Wait

Investors who are risk-averse or looking for stable returns may want to avoid IPOs like this, which can be subject to market fluctuations and uncertainties. It's important to assess one's investment strategy and risk tolerance.

Listing Gains — The Risk

Listing-day gains can be unpredictable and are influenced by various factors, including market sentiment and demand for the stock. While some IPOs may experience significant gains on their listing day, others may not perform as expected. Investors should be prepared for the possibility of volatility and should not base their investment decisions solely on potential listing gains.

This evaluation is generated from Paramount Syntex's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.

Frequently Asked Questions

What is the price band of Paramount Syntex IPO?

The price band of Paramount Syntex IPO is ₹119.0–₹127.0 per share.

When does Paramount Syntex IPO open and close?

Paramount Syntex IPO opens on 30 September 2026 and closes on 06 October 2026.

When does Paramount Syntex IPO list on the stock exchange?

Paramount Syntex IPO is scheduled to list on 09 October 2026, with an estimated listing price of ₹127.0 based on current GMP.

What is the lot size for Paramount Syntex IPO?

The lot size for Paramount Syntex IPO is 1000 shares, requiring a minimum investment of ₹254,000 (2 lots).

What is the TopFund Listing Data Indicator for Paramount Syntex?

Paramount Syntex's Listing Data Indicator score is 35/100 (Low signal), a weighted composite of GMP strength, subscription demand, anchor investor interest and how similar past IPOs performed on listing. It's a rules-based summary of public market data, not a statistically validated probability, a guarantee, or personalized investment advice.

What is the price band for the IPO?

The price band for the IPO is ₹119.0 to ₹127.0.

What is the minimum investment required?

The minimum investment required is ₹254,000.

What is the lot size for the IPO?

The lot size for the IPO is 1000 shares.

What are the important dates for the IPO?

The IPO opens on 30th September 2026 and closes on 6th October 2026. Allotment is on 7th October 2026, and the listing date is 9th October 2026.

Who is the lead manager for the IPO?

The lead manager for the IPO is Sobhagya Capital Options Pvt. Ltd.

Issue Details

Issue Type SME Book Built
Issue Size ₹81.79 Cr
Price Band ₹119.0 – ₹127.0
Issue Price ₹127.0
Lot Size 1,000 shares
Min Investment ₹254,000 (2 lots minimum)
Exchange BSE SME
Sector Other Textile Products
Open Date 30 Sep 2026
Close Date 06 Oct 2026
Allotment 07 Oct 2026
Listing Date 09 Oct 2026

Investor Allocation

QIB (Institutional) 50%
NII / HNI 15%
Retail (RII) 35%

Registrar

Bigshare Services Pvt.Ltd.

Lead Managers / Book Running

Sobhagya Capital Options Pvt.Ltd.

IPO Timeline

Open

30 Sep 2026

Close

06 Oct 2026

Allotment

07 Oct 2026

Listing

09 Oct 2026

Full Analysis

Should you apply? Company analysis, GMP explained & FAQs

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