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Paramount Syntex IPO Subscription Status Day 2: Issue Subscribed 1.35 Times

Authored By HDFC SKY | Last Modified: Oct 1, 2026 05:47 PM IST

Paramount Syntex IPO Day 2 subscription status reached 1.35 times, with QIB at 119.29x, NII at 0.02x and individual investors at 0.10x as of October 1, 2026.

Paramount Syntex IPO Subscription Status Day 2

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Mumbai, October 01: Paramount Syntex IPO remained open for subscription on its second day on October 1, 2026. The bookbuilding issue opened on September 30 and is scheduled to close on October 6. The IPO comprises a fresh issue of 64.40 lakh shares aggregating up to ₹81.79 crore. The price band is fixed at ₹119 to ₹127 per share. The lot size is 1,000 shares, with individual investors required to apply for a minimum of two lots, or 2,000 shares. At the upper price band, the minimum investment is ₹2.54 lakh.

Paramount Syntex IPO Day 2 Subscription Status

As of 5:47 PM on October 1, 2026, the Paramount Syntex IPO was subscribed 1.35 times overall. The QIB category, excluding the anchor portion, was subscribed 119.29 times. The NII category was subscribed 0.02 times, while individual investors subscribed 0.10 times.

Subscription Category Shares Offered Shares Bid For Subscription
QIB (Ex Anchor) 66,000 78,73,000 119.29x
NII/HNI 30,15,000 50,000 0.02x
Retail/Individual Investors 30,36,000 3,16,000 0.10x
Total 61,17,000 82,39,000 1.35x

The cumulative subscription data is based on figures available as of 5:47 PM on October 1, 2026. The total subscription calculation excludes the market maker portion.

Paramount Syntex Day-wise Subscription Summary

The IPO was subscribed 1.30 times on Day 1. By Day 2, the overall subscription had increased to 1.35 times, with the QIB category recording 119.29 times subscription.

Date QIB (Ex Anchor) NII bNII (>₹10L) sNII (<₹10L) Retail/Individual Investors Total
September 30, 2026 (Day 1) 119.29x 0.00x 0.00x 0.00x 0.03x 1.30x
October 1, 2026 (Day 2) 119.29x 0.02x 0.01x 0.02x 0.10x 1.35x

Paramount Syntex IPO Timeline

IPO Milestone Date
Issue Open Date September 30, 2026
Issue Close Date October 6, 2026
Basis of Allotment Date October 7, 2026
Initiation of Refunds October 8, 2026
Credit of Shares October 8, 2026
Listing Date October 9, 2026

Brief Overview Of The Paramount Syntex IPO

Paramount Syntex IPO is a ₹81.79 crore bookbuilding issue comprising a fresh issue of 64.40 lakh shares. The IPO opened for subscription on September 30, 2026, and will close on October 6, 2026. The price band is ₹119 to ₹127 per share, with a lot size of 1,000 shares. Individual investors are required to apply for a minimum of two lots, or 2,000 shares, amounting to ₹2.54 lakh at the upper price band. The minimum HNI application starts at three lots, or 3,000 shares, requiring an investment of ₹3.81 lakh at the upper price band. The IPO is scheduled to list on the BSE SME platform, with the tentative listing date set for October 9, 2026. Sobhagya Capital Options Pvt. Ltd. is the book running lead manager, while Bigshare Services Pvt. Ltd. is the registrar to the issue. NMN Stock Broking Pvt. Ltd. is the market maker.

Source: 

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