Paramount Syntex IPO

Paramount Syntex Limited, incorporated in 1996, manufactures synthetic fibres, dyed fibres and yarns, including acrylic, polyester, wool, nylon and blended yarns. Its manufacturing facilities are located in Ludhiana, Punjab, and cover approximately 7,268.73 square yards. The company operates an integrated manufacturing setup spanning fibre processing, tow and hank dyeing, spinning, bulking and packing, supported by in-house research and quality-control capabilities. It also manufactures recycled acrylic fibre using waste materials sourced from domestic and international markets. Paramount Syntex serves customers across India’s textile and apparel industry and holds ISO 9001:2015, ISO 14001:2015, ISO 45001:2018 and GMP certifications.

Paramount Syntex Limited IPO Overview

Paramount Syntex Limited IPO is a bookbuilding issue of ₹81.79 crore comprising an entirely fresh issue of 64,40,000 shares. The IPO will open for subscription on 30 September 2026 and close on 6 October 2026. The allotment is expected to be finalised on 7 October 2026, followed by refund initiation and demat credit on 8 October 2026. The tentative listing date is 9 October 2026 on the BSE SME platform. The price band is fixed at ₹119 to ₹127 per share, with a lot size of 1,000 shares. Retail investors must apply for a minimum of two lots, or 2,000 shares, requiring ₹2,54,000 at the upper price band. S-HNI investors need a minimum of three lots, or 3,000 shares, amounting to ₹3,81,000. Sobhagya Capital Options Pvt. Ltd. is the book running lead manager, Bigshare Services Pvt. Ltd. is the registrar, and MNM Stock Broking Pvt. Ltd. is the market maker.

Paramount Syntex Limited IPO Details

Particulars	Details
IPO Date	30 September 2026 to 6 October 2026
Listing Date	9 October 2026
Face Value	₹10 per share
Issue Price Band	₹119 to ₹127 per share
Lot Size	1,000 Shares
Total Issue Size	64,40,000 shares (aggregating up to ₹81.79 Cr)
Fresh Issue	64,40,000 shares (aggregating up to ₹81.79 Cr)
Offer for Sale	NA
Issue Type	Bookbuilding IPO
Listing At	BSE SME
Share Holding Pre Issue	1,19,59,382 shares
Share Holding Post Issue	1,83,99,382 shares
Market Maker Portion	3,23,000 shares

Paramount Syntex Limited IPO Reservation

Investor Category	Shares Offered
QIB	66,000 shares (1.08% of Net Issue)
Retail	30,36,000 shares (49.63% of Net Issue)
NII (HNI)	30,15,000 shares (49.29% of Net Issue)

Paramount Syntex Limited IPO Lot Size

Application	Lots	Shares	Amount
Retail (Min)	2	2,000	₹2,54,000
Retail (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 Limited IPO Promoter Holding

Shareholding Status	Percentage
Pre-Issue	91.74%
Post-Issue	59.63%

Paramount Syntex Limited IPO Valuation Overview

KPI	Value
Earnings Per Share (EPS)	₹11.60
Price/Earnings (P/E) Ratio	10.95x
Return on Net Worth (RoNW)	32.50%
Net Asset Value (NAV)	₹35.68
Return on Equity	32.50%
Return on Capital Employed (ROCE)	29.18%
EBITDA Margin	19.33%
PAT Margin	11.36%
Debt to Equity Ratio	0.78

Objectives of the Proceeds

I. Funding capital expenditure for purchasing machinery at the company’s existing manufacturing facilities, estimated at ₹61.68 crore.

II. Meeting general corporate purposes, including requirements that support the company’s ongoing business and operational activities.

Key Financials (in ₹ crore)

Particulars	31 Mar 2026	31 Mar 2025	31 Mar 2024
Assets	96.26	76.09	60.25
Revenue	122.51	112.72	92.94
Profit After Tax	13.87	6.73	1.35
Reserves and Surplus	30.71	16.84	3.40
Total Borrowings	33.25	33.47	32.59

IPO Strengths

I. Experienced leadership with strong textile industry expertise

II. Integrated operations covering processing, dyeing, spinning and packing

III. Diverse portfolio of synthetic fibres and blended yarns

IV. Focus on innovation and sustainable fibre manufacturing solutions

V. Strong focus on quality and customer satisfaction

Peer Group Comparison

Company Name	EPS (Basic)	NAV (₹)	P/E (x)	RoNW (%)	P/BV Ratio
Paramount Syntex	11.60	35.68	—	32.50	—
Peer Group
Shiva Texyarn Ltd.	7.50	111.22	23.35	6.74	1.58
Sangam India Ltd.	17.06	214.17	33.15	7.96	2.64
Donear Industries Ltd.	8.36	53.26	9.83	15.69	1.55