Paramount Syntex Limited IPO
Open now30 Sep – 6 Oct 2026
What stands out in the offer document
The five questions
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1How it makes money₹58 of every ₹100 of sales comes from its "Yarns" segment. ₹98 of every ₹100 comes from Punjab and Maharashtra.
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2Is it growing, and is profit turning into cash?Sales rose 37% from 2023 to 2025 (₹81.9 cr → ₹112 cr). Over 3 years it made ₹8.4 cr of profit and brought in −₹13 cr of cash from operations.
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3How much cushion does it have?It owes ₹1.16 for every ₹1 of its own money. The line for manufacturing is ₹2.
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4What you pay, and who gets the moneyAll the money raised goes to the company. At ₹127 you pay about ₹22 for every ₹1 of last year's profit.
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5Who controls it, and what is on record?Promoters own 92% before the IPO. The document discloses 2 legal matters.
From the draft document. The final prospectus may change it.
Latest update:
Price band ₹119–₹127 · Closes 6 Oct 2026 · Allotment 7 Oct 2026 (Confirmed) · Lists 9 Oct 2026 (Expected)
What Paramount Syntex Limited does
Paramount Syntex Limited 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.
Paramount Syntex Limited financials
Rs crore · AnnualLatest year highlighted in green. Sparklines show the trend.
| 2023 | 2024 | 2025 | ||
|---|---|---|---|---|
| Sales | 82 | 93 | 112 | |
| Operating Profit | 5 | 10 | 14 | |
| OPM % | 5.5% | 10.4% | 12.1% | |
| Net Profit | 0 | 1 | 7 | |
| Total Debt | 28 | 33 | 33 |
Paramount Syntex Limited IPO offer structure
Fresh issue: ₹82 cr
The offer-for-sale component is not stated in what we extracted from the offer document, so the full issue size and the split between the two are unknown. This figure is the fresh issue alone, not the total raise. Fresh issue proceeds go to the company; OFS proceeds go to selling shareholders.
Issue size and split come from a public aggregator rather than the exchange, cross-checked against a second one. The offer document states the offer-for-sale as a share count against a blank amount, so it cannot be read from the document itself.
Use of proceeds- Funding of capital expenditure requirements of our Company towards purchase of Machinery at existing Facility.: ₹57 cr
- General corporate purposes
Paramount Syntex Limited promoters and holding
- Mr. Punit Arora: Chairman and Managing Director
- Mrs. Kumkum Arora: Whole Time Director
Paramount Syntex Limited strengths and risks
Company-stated strengths and disclosed risk factors from the offer document.
- Experienced Management: With over combined 25 years of expertise in the textile industry, the company benefits from deep industry knowledge and a strong understanding of market dynamics. (p.163)
- Vertical Integration: The presence of in-house dyeing, spinning, bulking, and packing facilities allows for greater control over production quality, efficiency, and cost management, leading to faster turnaround times. (p.163)
- Product Diversification: The focus on 100% acrylic fiber yarns and dyed fiber yarns enables the company to cater to a wide range of customer needs and adapt to changing market demands in the designer knitting sector. (p.163)
- Commitment to Innovation: Continuous efforts to redefine and master core competencies through innovation position the company to stay ahead of competitors and respond effectively to industry trends. (p.163)
- Customer Satisfaction: A large base of satisfied customers indicates strong relationships and trust in the brand, which can lead to repeat business and referrals, enhancing overall market presence. (p.163)
- We have certain outstanding litigation against us, an adverse outcome of which may adversely affect our business, reputation and results of operations. (p.30)
- Our business is dependent and will continue to depend on our manufacturing facilities, and we are subject to certain risks in our manufacturing process. (p.31)
- Majority of our revenue is dependent on single business segment i.e. manufacturing and trading of fiber, yarns and knitted cloth. (p.32)
- The top ten customers of our product and top ten suppliers for raw material contribute a substantial part of our total revenue and source of Raw Material. (p.32)
- High trade receivables may strain our liquidity and expose us to increased credit risk. (p.37)
Paramount Syntex Limited peer comparison: DRHP median P/E 21.0x
DRHP data only| Company | CMP | P/E | OPM% | ROE% | Source |
|---|---|---|---|---|---|
| Shiva Texyarn Limited | — | 21.0x | — | — | DRHP |
| Sangam (India) Limited | — | 48.5x | — | — | DRHP |
| Donear Industries Limited | — | 11.8x | — | — | DRHP |
P/E from offer document where live data unavailable. Not a fair-value judgement.
Paramount Syntex Limited market and competition
By combining modern technology, skilled manpower, and strong process controls, we have positioned ourselves as a reliable and innovative player in the textile value chain.
Paramount Syntex Limited outlook, as the document states it
The proposed capital expenditure entails the installation of state-of-the-art machinery in spinning and dyeing sections, designed to complement and enhance the existing infrastructure. Post-expansion, the Company’s installed capacity across fibre processing, yarn spinning, tow dyeing, and hank dyeing will increase substantially, enabling it to cater to larger volumes in recycled acrylic fibre, high bulk acrylic yarns, and blended fancy yarns.
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Paramount Syntex Limited IPO: common questions
When does the Paramount Syntex Limited IPO open and close?
The Paramount Syntex Limited IPO is open from 30 Sep 2026 to 6 Oct 2026.
What is the Paramount Syntex Limited IPO price band?
The price band is ₹119–₹127 per share.
What is the lot size and minimum investment for the Paramount Syntex Limited IPO?
One lot is 1000 shares, and a retail application must be at least one lot. That is about ₹2,54,000 at the upper end of the band. An HNI application starts above Rs 2 lakh, so the minimum is higher for that category.
When are the Paramount Syntex Limited IPO allotment and listing dates?
Not published yet. Derived from the close date on the usual timetable: allotment around 7 Oct 2026, refund/unblock around 8 Oct 2026 and listing around 9 Oct 2026. Treat these as estimates until the exchange confirms them.
How do I apply for the Paramount Syntex Limited IPO?
Through any broker app or your bank's net banking, using a demat account and a PAN. You bid in lots at a price inside the band, or at cut-off. The money is blocked in your account, not debited, until allotment. One application per PAN. We do not recommend brokers and carry no broker links. How to apply, start to finish →
Sources & method
Subscription and issue data come from the NSE and BSE exchange feeds, with the third-party aggregator, clearly labelled, where an exchange feed is unreachable. DRHP analysis is extracted from the offer document itself, every figure cited to its page. Each figure on the page carries its source and its timestamp.
Grey-market premium (GMP) is unregulated.
Every GMP figure is a self-reported grey-market estimate. No exchange, regulator or clearing body records or audits it, and there is no settlement guarantee or recourse. Shown for context only; never decide on GMP alone. New to GMP? The 30-second explainer → Has GMP actually been right? →
How often do these actually open above the issue price?
Of the 712 SME IPOs that have listed on the NSE since 2016, 564 (79%) opened above their issue price, at a median of +11%. That is the segment's own record, not a forecast for this issue.