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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.

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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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