IPO profile
Paramount Syntex Limited
PARASYNTEX · BSE
- Price band
- ₹119 - ₹127
- Subscription
- Not available
Application & Issue Details
- Minimum Quantity
- 1000 shares
- Minimum Application
- ₹1,27,000
- Issue Size
- Rs. 82 Cr
- Face Value
- Not available
Company Overview
Paramount Syntex is engaged in the manufacturing and trading of synthetic fibers, yarns, and knitted cloth, catering to the textile industry. The company generates revenue by selling its products in domestic markets, primarily within Punjab, as well as through export sales. Its key product offerings include acrylic wool yarns, polyester yarns, nylon yarns, blended fancy yarns, and recycled acrylic fibers. Operating from its manufacturing facilities located in Ludhiana, Punjab, the company conducts in-house fiber processing, tow dyeing, hank dyeing, spinning, bulking, twisting, and packing. A notable aspect of its business model involves recycling domestic and imported waste acrylic fibers to convert them into value-added yarns. The company serves diverse end user sectors, including apparel, home textiles, hosiery, fashion knitting, and industrial textiles. Its integrated manufacturing facility enables operational efficiency and complete control over product quality and processing workflows.
Important Dates
- Open Date
- 30 Sept 2026
- Close Date
- 6 Oct 2026
- Allotment Date
- Not available
- Listing Date
- 9 Oct 2026
Issue Timeline
- Issue open date
- Issue close date
- UPI mandate deadline
- Allotment finalization
- Refund initiation
- Share credit
- Listing date
- Mandate end date
- Lock-in end date for anchor investors (50%)
- Lock-in end date for anchor investors (remaining)
Subscription
Subscription data not available yet.
Actual Listing Performance
- Listing Date
- 9 Oct 2026
- Actual Listing Price
- ₹115
- Gain/Loss Per Share
- -₹12
- Gain/Loss Per Lot
- -₹12,000
- Listing Gain/Loss %
- -9.45%
- Measured Against
- ₹127
- Lot Size
- 1000 shares
Historical result from the reported listing price, compared with the upper price band (final issue price not reported). Excludes brokerage, taxes and charges.
Company Strengths & Risks
Reported strengths
- Fully integrated in-house manufacturing setup.
- Eco-friendly recycling of waste acrylic into premium yarns.
- High capacity utilization averaging 70% to 83%.
- Strict end-to-end control over quality and delivery.
- Ample existing infrastructure for seamless expansion.
Key risks
- Orders for 100% of proposed machinery remain unplaced.
- Project funding requirements are unappraised by any bank.
- Unhedged forex exposure risks machinery cost overruns.
- Machinery procurement delays could disrupt implementation.
- Heavy reliance on a single manufacturing facility in Punjab.
Company strengths and risks are informational summaries. Review the offer document for complete disclosures.
Documents & Coverage
IPO data last updated 25 Oct 2026, 12:31 pm IST · GMP: ipoalerts · listing price: NSE/BSE
This page is for informational and educational purposes only. It is not investment advice and not a recommendation to buy, sell, or apply for this IPO. GMP and subscription figures are unofficial/may change. Please make your own independent decision.