Paramount Syntex IPO GMP today is Rs -12. Investors can use this GMP along with price band and subscription status for a better IPO review.
Listed
SME IPO
PARASYNTEX
Paramount Syntex IPO GMP & Allotment
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.
- IPO Price Band
- ₹119.00 - ₹127.00
- Lot Size
- 1,000 Shares
- Bidding Closes
- 06 Oct 2026
- Listing Date
- 09 Oct 2026
Quick Answer & Highlights
Paramount Syntex IPO GMP Today & Key Takeaways
Last updated: 07 Oct 2026
Paramount Syntex IPO officially listed on 09 Oct 2026 at Rs 115.00, delivering a -9.45% listing gain compared to its issue price of Rs 81.79. Pre-listing, its final recorded Grey Market Premium (GMP) was ₹-12.
Paramount Syntex IPO officially listed on 09 Oct 2026 at ₹115.00, delivering a -9.45% listing gain compared to its issue price of ₹81.79. Pre-listing, its final recorded Grey Market Premium (GMP) was ₹-12.
| Key Metric | Figure | Status / Context |
|---|---|---|
| Current GMP | ₹-12 | -9.45% vs upper band (07 Oct 2026) |
| Est. Listing Price | ₹115.00 | -9.45% Est. Listing Gain |
| Price Band | ₹119.00 - ₹127.00 | SME IPO |
| Retail Minimum Investment | ₹2,54,000 | 2 Lot (1,000 Shares) |
| Bidding Window | 30 Sept 2026 – 06 Oct 2026 | Listed |
| Allotment & Listing Dates | Allotment: 07 Oct 2026 | Listing: 09 Oct 2026 |
Current GMP Status
₹-12
-9.45% vs upper band
Est. Listing Gain
-9.45%
Last Trend
07 Oct 2026
Listing Price
₹115.00
Retail Entry
₹2,54,000
IPO Details
Complete IPO information
| IPO Open Date | 30 Sept 2026 |
|---|---|
| IPO Close Date | 06 Oct 2026 |
| IPO Price Band | ₹119.00 - ₹127.00 |
| Lot Size | 1,000 Shares |
| Current GMP | ₹-12 |
| Estimated Listing Gain | -9.45% |
| Issue Size | Approx ₹81.79 Cr |
| Fresh Issue | Approx ₹81.79 Cr |
| Issue Type | SME |
| IPO Listing | BSE SME |
| Retail Quota | TBA |
| Registrar | Bigshare Services Pvt. Ltd. |
| Overall Subscription | 1.83x |
| Minimum Investment | ₹2,54,000 |
| DRHP Draft Prospectus | |
| RHP Draft Prospectus |
Demand Tracker
Subscription Status
| Category | Shares Reserved | Shares Applied | Subscription (x) |
|---|---|---|---|
| QIB | 0.66 | 78.73 | 119.29xx |
| NII | 33.38 | 5.97 | 0.18xx |
| Retail | 30.36 | 33.44 | 1.10xx |
| Overall Subscription | 64.4 | 118.14 | 1.83xx |
Day-wise demand
Paramount Syntex IPO subscription status day-wise
| Day | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Day 2 (01 Oct) | 119.29x | 0x | 0.03x | 1.24x |
| Day 4 (05 Oct) | 119.29x | 0.02x | 0.1x | 1.28x |
| Day 5 (06 Oct) | 119.29x | 0.12x | 0.44x | 1.49x |
Subscription in times (x) at the end of each bidding day. Today's row updates through the day.
Analysis
IPO Snapshot & Investor Takeaways
At the upper end of its price band, Paramount Syntex is priced at ₹127 per share. With a minimum lot size of 1,000 shares, a retail investor applying for one lot would need approximately ₹2,54,000 to participate in this SME issue.
The latest recorded Grey Market Premium for Paramount Syntex stands at ₹-12, implying an estimated listing gain of around -9.45% over the issue price if it holds until listing. GMP reflects informal grey-market sentiment rather than a guaranteed outcome, and can change at any point until the day of listing.
As of the latest update, Paramount Syntex's IPO was subscribed 1.83x overall, with a category-wise breakdown of Retail 1.1x, QIB 119.29x, NII 0.18x.
SME IPOs list on the dedicated SME platform of BSE/NSE. They usually involve smaller issue sizes and a higher per-lot investment than Mainboard issues, with comparatively lower institutional participation.
Timeline
IPO roadmap at a glance
✓
Bidding Opens
30 Sept 2026
✓
Bidding Closes
06 Oct 2026
✓
Allotment
07 Oct 2026
✓
Listing
09 Oct 2026
| Event / Milestone | Scheduled Date | Status |
|---|---|---|
| Bidding Opens | 30 Sept 2026 | Completed |
| Bidding Closes | 06 Oct 2026 | Completed |
| Allotment | 07 Oct 2026 | Completed |
| Listing | 09 Oct 2026 | Completed |
Grey Market Premium
Daily GMP status
| Date | GMP | Change | Gain |
|---|---|---|---|
| 07 Oct 2026 | ₹0.00 | - | TBA |
| 06 Oct 2026 | ₹0.00 | - | TBA |
| 05 Oct 2026 | ₹0.00 | - | TBA |
| 01 Oct 2026 | ₹0.00 | - | 0.00% |
Swipe to see more →
Market Lot
Application size breakdown
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 Lot | 2,000 | ₹2,54,000 |
| Retail Maximum | 2 Lot | 2,000 | ₹2,54,000 |
| S-HNI Minimum | 3 Lot | 3,000 | ₹3,81,000 |
| S-HNI Maximum | 7 Lot | 7,000 | ₹8,89,000 |
| B-HNI Minimum | 8 Lot | 8,000 | ₹10,16,000 |
Swipe to see more →
Fund Utilization
Objects of the Issue & Official Documents
Analysis
Paramount Syntex IPO Reservation
The Paramount Syntex IPO shares are reserved across qualified institutional, non-institutional and retail investor categories. The reservation structure outlines the number of shares available for each category along with their respective percentage of the issue.
| Investor Category | Share Offered | % Shares |
|---|---|---|
| QIB (Ex. Anchor) | 66,000 Shares | 1.08% |
| NII Shares Offered | 30,15,000 Shares | 49.29% |
| Retail Shares Offered | 30,36,000 Shares | 49.63% |
Note: The reservation percentages and share quantities are based on the Paramount Syntex IPO information provided above.
Analysis
Paramount Syntex IPO Dates
The Paramount Syntex IPO will open for subscription on September 30, 2026, and close on October 6, 2026. The IPO allotment is scheduled to be finalized on October 7, followed by refunds and credit of shares to investors' demat accounts on October 8. The IPO is scheduled to list on October 9, 2026.
| Particular | Details |
|---|---|
| IPO Open Date | September 30, 2026 |
| IPO Close Date | October 6, 2026 |
| Basis of Allotment | October 7, 2026 |
| Refunds | October 8, 2026 |
| Credit to Demat Account | October 8, 2026 |
| IPO Listing Date | October 9, 2026 |
Note: The IPO schedule is based on the Paramount Syntex IPO information provided above.
Analysis
Paramount Syntex IPO Dates
| Particular | Dates |
|---|---|
| IPO Open Date | 30 Sept 2026 |
| IPO Close Date | 06 Oct 2026 |
| Basis of Allotment | 07 Oct 2026 |
| Refunds | 08 Oct 2026 |
| Credit to Demat Account | 08 Oct 2026 |
| IPO Listing Date | 09 Oct 2026 |
Note: The timeline for Paramount Syntex IPO is tentative and subject to change.
Analysis
Paramount Syntex IPO Objects of the Issue & Utilisation of Proceeds
The proceeds from the Paramount Syntex IPO are primarily proposed to support the company's capital expenditure plans. The funds will be used towards the purchase of machinery at the company's existing facilities, while the remaining portion is earmarked for general corporate purposes.
| Purpose | Crores |
|---|---|
| Funding of capital expenditure requirements of our Company towards purchase of Machinery at existing facilities | ₹61.68 |
| General Corporate Purposes | ₹- |
Note: The utilisation details are based on the objects of the issue provided for the Paramount Syntex IPO.
Analysis
Paramount Syntex Objects of the Issue & Utilisation of Proceeds
| Purpose | Crores |
|---|---|
| Funding of capital expenditure for machinery at existing facilities | 61.68(75.41%) |
| General Corporate Purposes | 20.11 (24.59%) |
Note: Objectives are as specified in the DRHP/RHP documents of Paramount Syntex.
Analysis
Paramount Syntex IPO Company Financials
Paramount Syntex has reported steady growth in revenue and profitability across the financial periods presented. Revenue increased from ₹92.94 crores in 2024 to ₹122.51 crores in 2026, while profit after tax (PAT) rose from ₹1.35 crores to ₹13.87 crores over the same period.
The financial summary below provides the company's revenue, expenses, PAT and total assets for the respective periods. All figures are presented in ₹ crores.
| Period Ended | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2024 | ₹92.94 | ₹87.72 | ₹1.35 | ₹60.25 |
| 2025 | ₹112.72 | ₹103.54 | ₹6.73 | ₹76.09 |
| 2026 | ₹122.51 | ₹103.37 | ₹13.87 | ₹96.26 |
Note: Amounts are presented in ₹ Crores for the respective periods ended.
Analysis
Paramount Syntex Company Financials
| Period | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2024 | 92.94 Cr. | 87.72 Cr. | 1.35 Cr. | 60.25 Cr. |
| 2025 | 112.72 Cr. | 103.54 Cr. | 6.73 Cr. | 76.09 Cr. |
| 2026 | 122.51 Cr. | 103.37 Cr. | 13.87 Cr. | 96.26 Cr. |
Note: Financial numbers for Paramount Syntex are in ₹ Crores unless stated otherwise.
Analysis
Paramount Syntex Company Valuation – FY2026
| KPI | Values |
|---|---|
| ROE | 32.50% |
| ROCE | 29.18% |
| EBITDA Margin | 19.33% |
| PAT Margin | 11.36% |
| Debt to Equity Ratio | 0.78 |
| Earning Per Share (EPS) | 11.60 |
| Price/Earning P/E Ratio | 10.95x |
| Return on Net Worth (RoNW) | 32.50% |
| Net Asset Value (NAV) | 15.96 |
Note: Valuation KPIs for Paramount Syntex are computed for FY2026.
Analysis
Paramount Syntex IPO Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| Donear Industries Limited | 8.36 | 9.83 | 53.26 | 15.69 | - |
| Sangam (India) Limited | 17.06 | 33.15 | 214.17 | 7.96 | - |
| Shiva Texyarn Limited | 7.50 | 23.35 | 111.22 | 6.74 | - |
Note: Peer group comparisons for Paramount Syntex are sourced from DRHP filings.
Comparison
Compare Paramount Syntex IPO with similar IPOs
FAQ
Paramount Syntex IPO FAQs
Based on the latest Grey Market Premium (GMP) of Rs -12 and an issue price of Rs 127, the estimated listing price for Paramount Syntex IPO is Rs 115.00 (approx -9.45% listing gain). Actual listing price is determined by market demand on the listing day.
Paramount Syntex IPO price band is Rs 119.00 to Rs 127.00. Check the latest issue price, lot size and GMP together before applying.
Paramount Syntex IPO open date is 30 Sept 2026, close date is 06 Oct 2026, and listing date is 09 Oct 2026.
Paramount Syntex IPO lot size is 1,000 shares. The minimum retail investment is Rs 2,54,000.
Paramount Syntex is classified as a SME IPO. This helps investors quickly understand the issue category and exchange segment.
Paramount Syntex IPO subscription status currently shows Retail 1.1x, QIB 119.29x, NII 0.18x, Overall 1.83x.
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.
Paramount Syntex IPO issue size is TBA and the expected allotment date is 07 Oct 2026.
In our empirical study of 117 Indian IPO listings, positive GMP was followed by a positive listing gain 69.8% of the time. However, as an exact forecast, the median variation between GMP-implied gain and actual listing price was 8 percentage points. GMP reflects informal market sentiment and should always be evaluated alongside company valuation and fundamentals.
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