Paramount Syntex SME IPO
Paramount Syntex IPO — date, price band, lot size & details 2026
Paramount Syntex listed on 9 Oct 2026 at ₹115, 9.4% below the ₹127 issue price.
Paramount Syntex Ltd manufactures synthetic and dyed fibres and acrylic, polyester, wool, nylon and blended yarns in Ludhiana, with a fully integrated setup covering fibre processing, dyeing, spinning and bulking. It also makes recycled acrylic fibre from waste material.
Stock price
Paramount Syntex is listed — here is the live share price.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Timetable
Key dates from opening to listing. Today is 13 October.
- Open 30 Sep 2026
- Close 06 Oct 2026
- Allotment 07 Oct 2026
- Refund/credit 08 Oct 2026
- Listing 09 Oct 2026
Issue summary
The terms of the offer, as filed.
| IPO Dates | 30 Sep to 6 Oct, 2026 |
|---|---|
| Price Band | ₹119 – ₹127 |
| Face Value | ₹10 |
| Lot Size | 1000 Shares |
| Issue Size | ₹81.79 Cr |
| Sale Type | Fresh capital only |
| Listing On | BSE SME |
| Registrar | Bigshare Services Private Limited |
| Min Investment | ₹ 2,54,000 |
Share of the offer set aside for each investor category, as stated in the offer document.
What will it cost me?
Bidding is in multiples of 1000 shares at the ₹127 cut-off. The SME retail application is a fixed 2 lots; HNI starts at 3.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 2 | 2,000 | ₹2,54,000 |
| Retail (max) | 2 | 2,000 | ₹2,54,000 |
| HNI (min) | 3 | 3,000 | ₹3,81,000 |
Strengths & risks
Drawn from the offer document — the case for and against, side by side.
Strengths · 8
- 01Profit has grown about ten times in two years, from Rs 1.35 crore in FY2024 to Rs 6.73 crore in FY2025 and Rs 13.87 crore in FY2026.
- 02EBITDA has more than doubled over the same period, from Rs 9.45 crore to Rs 23.59 crore.
- 03Return ratios are strong, with RoNW of 32.50% and RoCE of 29.18%, and a PAT margin of 11.36%.
- 04The issue is priced at about 16.84 times earnings on an EPS of Rs 7.54.
- 05The setup is fully integrated from fibre processing and dyeing through spinning and bulking, which protects margin.
- 06Making recycled acrylic fibre from waste lowers raw material cost and meets growing buyer demand for recycled content.
- 07Most of the issue, Rs 61.68 crore of Rs 81.79 crore, goes into new machinery, which adds real capacity.
- 08It has a record of about 30 years, having started in 1996.
Risks · 8
- 01Sales growth is slower than profit growth. Total income rose only 9% in FY2026, so much of the profit jump came from margin, which may not repeat.
- 02Borrowing has stayed around Rs 33 crore for three years and none of the issue money goes to repay it.
- 03Synthetic fibre prices follow crude oil and petrochemical feedstock, which the company does not control.
- 04Yarn is a competitive commodity market where buyers switch on price.
- 05All the manufacturing is in Ludhiana, so there is single location risk.
- 06Dyeing uses water and chemicals, which brings environmental compliance risk.
- 07Promoter holding will come down from 91.74% to 59.63% after the issue.
- 08This is an SME issue. One lot is 1,000 shares, which is about Rs 1.27 lakh at the upper band of Rs 127, and SME shares usually trade in low volume after listing.
Three years of numbers
All figures in ₹ crore, as reported in the Paramount Syntex offer document.
| Metric | 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 |
See how this IPO compares — view listing performance of all SME IPOs.
Valuation & key ratios
Ratios are for the latest full financial year reported in the Paramount Syntex RHP. EPS and P/E are post-issue — the table below carries the pre-issue comparison.
Paramount Syntex IPO Valuation
How the issue prices the company before and after the fresh shares are created.
| Valuation Metric | Pre-Issue | Post-Issue |
|---|---|---|
| EPS (₹) | ₹11.60 | ₹7.54 |
| P/E Ratio (x) | 10.95 | 16.84 |
| Market Cap at Offer Price (₹ Cr) | ₹151.85 | ₹233.67 |
Pre-issue figures use the shareholding reported in the RHP; post-issue figures use the shareholding once the fresh issue has created new shares. The two differ because of that dilution and because post-issue earnings per share are often annualised, so the change can run in either direction. Market capitalisation is calculated at the ₹127 offer price. Compare the post-issue P/E against listed peers before deciding — a premium there is growth you are paying for in advance.
Where the money goes
₹61.68 Cr of the issue is earmarked to named objects.
About the company
Its manufacturing units are at Village Mangarh on Machiwara Road, Kohara, in Ludhiana, Punjab, across about 7,268.73 square yards. The setup is fully integrated, covering fibre processing, tow dyeing, hank dyeing, spinning, bulking and packing, supported by an in-house research and quality control team.
It also makes recycled acrylic fibre from waste material sourced in India and abroad, which cuts raw material cost and reduces waste. It supplies yarns and fibres to textile and apparel makers across India and holds ISO 9001:2015 and ISO 14001:2015 certification.
Interested in this IPO? Check the live subscription status or browse all upcoming SME IPOs.
+91-99155-77902
The bankers & the filings
Who is running the book, and the documents this page is built from.
Lead Manager Track Record
How the book-running lead managers on this issue have priced their past IPOs, measured on listing day.
Sobhagya Capital Options Pvt.Ltd.
5 issues handledBest listing: Accretion Nutraveda (+48.1%). Weakest: UHM Vacation (-20.0%).
Listing gain compares the listing-day opening price with the issue price, using the IPOs on IPO Guru that this lead manager has taken to market. A strong record reflects how the banker has priced past issues — it is not a forecast for this one. See every issue they have handled on the lead managers page.
Company contact
Frequently asked
What is the GMP of Paramount Syntex?
The current Grey Market Premium is ₹0.
What is the Paramount Syntex IPO price band?
₹119 to ₹127, on a face value of ₹10.
When is the allotment?
The basis of allotment is 7 October 2026, with listing on 9 October 2026.
How do I check allotment status?
On the IPO Guru allotment page or on the registrar's site — Bigshare Services Private Limited.
Every number here traces back to a filing.
IPO Guru tracks GMP, subscription and allotment for every SME and Mainboard issue. Every number on this page is sourced from the RHP, BSE & NSE.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
