Paramount Syntex IPO GMP Today

The issue

Paramount Syntex Limited manufactures synthetic fibres and various grades of yarns, operating manufacturing facilities in Ludhiana, Punjab, with its registered office in Mumbai. Its product range includes acrylic, polyester, nylon, wool, and blended yarns, along with dyed and recycled fibres supplied to the textile and garment industries. The company operates an integrated production setup spanning fibre processing, tow and hank dyeing, spinning, bulking, and packing.

Paramount Syntex Limited is a SME issue on BSE. The price band is ₹127. One lot is 1,000 shares, and the smallest application is 2 lots (2,000 shares, ₹2,54,000 at the top of the band). The issue size is ₹81.79 crore.

The IPO is an entirely fresh issue of ₹81.79 crore. The net proceeds are earmarked to fund capital expenditure for purchasing machinery at its existing manufacturing facilities (₹61.68 crore) and for general corporate purposes.

For FY26, the company's total revenue grew 8.68% to ₹122.51 crore from ₹112.72 crore in FY25. Profit after tax (PAT) increased 106.09% to ₹13.87 crore in FY26 compared to ₹6.73 crore in FY25.

Paramount Syntex listed on 9 Oct 2026 at −9.45% over the ₹127 issue price. The last grey-market premium before listing was ₹0 (0.00%), so the listing came in below what the grey market implied.

Latest overall subscription on this edition is 1.88×. A multiple above 1.00× means applications for more shares than are on offer; it does not mean you will get shares. Retail allotment in an oversubscribed category is a lottery for one lot. The split across QIB, NII and retail is omitted unless it belongs to the same snapshot as this total.

The business is heavily dependent on demand cycles and activity levels in the textile and apparel sector. It has also experienced negative cash flows from operating and investing activities in prior years, high trade receivables, and risks related to the non-recovery of business advances.

The timetable on the record is open 30 Sept 2026, close 6 Oct 2026, allotment 7 Oct 2026, listing 9 Oct 2026. Bigshare Services is the registrar. Check allotment on their site with your PAN after the basis is out. After listing, this page stays up. The grey-market mark becomes history, and the listing print replaces the expected-listing sketch. Do not apply because a premium looks large. Read the prospectus.

Company profile: AI analysis of the offer document and news coverage (2 Nov 2026). Sources: hdfcsky.com, in.investing.com, finowings.com, stockgro.club, chittorgarh.com. Check the offer document before relying on a figure.