About Paramount Syntex Ltd IPO
Paramount Syntex Limited’s IPO is a book-built issue comprising a fresh issue of up to 64.40 lakh equity shares, with no Offer for Sale (OFS), aggregating up to approximately Rs 81.79 crore. The Equity Shares are proposed to be listed on the BSE SME platform. Sobhagya Capital Options Private Limited is acting as the Book Running Lead Manager, while Bigshare Services Private Limited is the Registrar to the Issue.
The Company is promoted by Punit Arora and Kumkum Arora.
The funds raised through the fresh issue are intended to be utilised towards capital expenditure for the purchase of machinery at the Company’s existing facility and general corporate purposes.
About Paramount Syntex Limited
Incorporated in 1996, Paramount Syntex Limited is a Ludhiana-based manufacturer of synthetic fibres, acrylic fibres and various types of yarns used by the textile industry. The Company operates two manufacturing units at Mangarh, Ludhiana, Punjab, with a combined factory area of approximately 7,268.73 sq. yards.
Its manufacturing capabilities cover key stages of yarn production, including fibre processing, dyeing, spinning, winding, bulking and packing. The Company also produces acrylic fibre from waste fibre sourced from domestic and overseas markets, including Thailand. Its in-house processing and dyeing facilities enable it to manufacture different types of dyed fibres and yarns for its customers.
Paramount Syntex has been operating in the textile industry since 1996, with its management having more than 30 years of industry experience. The Company focuses on improving its manufacturing processes and product quality through its in-house research and quality-control capabilities.
The Company holds ISO 9001:2015, ISO 14001:2015 and ISO 45001:2018 certifications, covering quality management, environmental management, and occupational health and safety, respectively. It is also a Good Manufacturing Practice (GMP) certified organisation.
Paramount Syntex Limited’s IPO is a book-built issue comprising a fresh issue of up to 64.40 lakh equity shares, with no Offer for Sale (OFS), aggregating up to approximately Rs 81.79 crore. The Equity Shares are proposed to be listed on the BSE SME platform. Sobhagya Capital Options Private Limited is acting as the Book Running Lead Manager, while Bigshare Services Private Lim
Paramount Syntex IPO Subscription Breakdown
| Investory Category | Subscription Percentage | Amount Raised (₹ Crores) |
|---|---|---|
| Qualified Institutional Buyers (QIBs) | 1.08% | 69,552 crores |
| Non-Institutional Investors (NIIs) | 49.29% | 31,74,276 crores |
| Retail Individual Investors (RIIs) | 49.63% | 31,96,172 crores |
Paramount Syntex IPO Strengths & Weaknesses
The Company’s management has more than 30 years of combined experience in the textile industry, providing industry knowledge and experience in managing its manufacturing operations.
The Company has in-house facilities for fibre processing, dyeing, spinning, bulking and packing. This integrated setup enables it to carry out multiple stages of production within its own manufacturing facilities.
Paramount Syntex has a diversified product portfolio where it manufactures acrylic fibre, dyed fibre and different types of yarns for customers in the textile industry.
The Company has an in-house research team focused on improving product quality and developing products in line with customer requirements
Paramount Syntex IPO Important Dates & Issue Details
| Allotment Date | Listing Date | Refund Date |
|---|---|---|
| 07 Oct '26 | 09 Oct '26 | 08 Oct '26 |
| Issue Composition: | |
|---|---|
| Face Value | ₹10 per share |
| Total Issue Size | 64,40,000 shares (aggregating up to ₹2,54,000 crores) |
| Fresh Issue | 6,11,700 shares (aggregating up to ₹61,17,000 crores) |
| Offer for Sale | 0 shares of ₹10 (aggregating up to To be announced) |
| Issue Type | Book building |
| Post-Issue Shareholding Pattern: | |
|---|---|
| Pre-Issue Shareholding | 91.74 shares |
| Post-Issue Shareholding | 0 shares |
Paramount Syntex IPO Lot Size and Investment Details
| Minimum Lot Size | 1,000 shares |
| Maximum Lot Size (Retail) | 3,000 shares |
The lot size of Paramount Syntex ipo has been designed to ensure broad participation while maintaining optimal price discovery.
How to Apply for Paramount Syntex IPO
- Log in to your Choice account
- Select IPO
- Enter the number of lots and your price
- Verify UPI ID
- Complete the transaction on your UPI app
Paramount Syntex IPO Contact & Registrar Details
Contact Details
Address
32, Floor- 3, Plot 196/198, Bhagwan Bhuwan, Hazrat Abbas Road, Samuel Street, Vadgadi Masjid, Chinchbunder, Princess Dock, Mumbai
Phone Number
Registrar Details
Registrar Name
Bigshare Services Pvt.Ltd.
Phone Number
Paramount Syntex Lead Manager(s)
| Book Running Lead Manager(s) |
|---|
| Sobhagya Capital Options Ltd |
