Paramount Syntex IPO Subscription Day 1: 1.30x

Mumbai, September 30: Paramount Syntex IPO was subscribed 1.30 times on the first day of bidding on Wednesday, September 30, 2026. The public issue received bids for 79,60,000 shares against 61,17,000 shares offered to investors.

The QIB (Ex Anchor) portion saw exceptionally strong demand and was subscribed 119.29 times, receiving bids for 78,73,000 shares against 66,000 shares offered.

The NII category was yet to receive meaningful demand, with subscription at 0 times. The individual investors category was subscribed 0.03 times, receiving bids for 84,000 shares against 30,36,000 shares offered.

The IPO opened for subscription on September 30 and will remain open until October 6, 2026.

Paramount Syntex IPO Subscription Status Day 1

The QIB (Ex Anchor) category received bids for 78,73,000 shares against 66,000 shares offered, resulting in a subscription of 119.29 times.

The NII category was subscribed 0 times. Within the segment, the bNII (> ₹10L) portion received no bids, while the sNII (< ₹10L) portion received bids for 3,000 shares against 10,05,000 shares offered.

The individual investors category received bids for 84,000 shares against 30,36,000 shares offered, resulting in a subscription of 0.03 times.

Overall, Paramount Syntex IPO received bids for 79,60,000 shares against 61,17,000 shares offered to the public. The total bid amount stood at ₹101.092 crore based on the upper end of the price band.

The issue had received 51 applications as of the Day 1 update.

Paramount Syntex IPO Day-Wise Subscription Trend

Date	QIB (Ex Anchor)	NII	NII (> ₹10L)	NII (< ₹10L)	Individual Investors	Total
Sep 30 (Day 1)	119.29x	0.00x	0.00x	0.00x	0.03x	1.30x

Paramount Syntex IPO Details

Paramount Syntex IPO is a book-built issue of ₹81.79 crore comprising an entirely fresh issue of 64.40 lakh shares.

The price band has been fixed at ₹119 to ₹127 per share. The lot size is 1,000 shares.

Retail investors need to apply for a minimum of 2 lots, or 2,000 shares, requiring an investment of ₹2,54,000 at the upper end of the price band.

For HNI investors, the minimum application is 3 lots, or 3,000 shares, requiring an investment of ₹3,81,000.

The IPO opened on September 30 and will close on October 6, 2026. The shares are proposed to be listed on the BSE SME platform.

Sobhagya Capital Options Pvt Ltd. is the book-running lead manager, Bigshare Services Pvt Ltd. is the registrar to the issue, and MNM Stock Broking Pvt Ltd. is the market maker.

Paramount Syntex IPO Issue Size

Particulars	Details
Total Issue Size	64,40,000 shares
Fresh Issue	64,40,000 shares
Market Maker Reservation	3,23,000 shares
Net Offered to Public	61,17,000 shares
Issue Size	₹81.79 crore
Face Value	₹10 per share
Price Band	₹119 to ₹127
Lot Size	1,000 shares
Issue Type	Bookbuilding IPO
Sale Type	Fresh capital only
Listing	BSE SME

Paramount Syntex IPO Lot Size

Investors can bid for a minimum of 2,000 shares and in multiples of 1,000 shares thereafter.

Application	Lots	Shares	Amount
Individual Investors (Min)	2	2,000	₹2,54,000
Individual Investors (Max)	2	2,000	₹2,54,000
S-HNI (Min)	3	3,000	₹3,81,000
S-HNI (Max)	7	7,000	₹8,89,000
B-HNI (Min)	8	8,000	₹10,16,000

Paramount Syntex IPO Allotment and Listing Date

The Paramount Syntex IPO will close on October 6, 2026. The tentative allotment is scheduled for October 7, followed by refunds on October 8.

The credit of shares is scheduled for October 8, while the IPO is tentatively set to list on the BSE SME platform on October 9, 2026.

Event	Date
IPO Open	September 30, 2026
IPO Close	October 6, 2026
Allotment	October 7, 2026
Refund	October 8, 2026
Credit of Shares	October 8, 2026
Listing	October 9, 2026

About Paramount Syntex Ltd.

Incorporated in 1996, Paramount Syntex Ltd. 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 operates manufacturing units at Village Mangarh, Machiwara Road, Kohara, Ludhiana, Punjab, with a combined area of approximately 7,26,873 square yards.

Conclusion

Paramount Syntex IPO was subscribed 1.30 times on Day 1, driven by strong demand from QIB investors, whose portion was subscribed 119.29 times. The NII portion was subscribed 0 times, while retail investors subscribed 0.03 times.

The Paramount Syntex IPO is currently open for subscription and will close on October 6, 2026.

Source:

• https://www.bseindia.com/markets/publicissues/displayipo?id=4868&type=IPO&idtype=1&status=L&IPONo=8018&startdt=30%2F09%2F2026