The Paramount Syntex SME IPO 2026 is one of the textile-sector IPOs opening in the Indian SME market. Paramount Syntex Limited is engaged in manufacturing synthetic fibres, dyed fibres and different types of yarns used by the textile industry.
The IPO opened for subscription on 30 September 2026 and will close on 6 October 2026. The company plans to raise around ₹81.79 crore through a fresh issue, with the shares proposed to be listed on the BSE SME platform.
For readers following the Upcoming IPO in India, SME IPO List, IPO GMP Today and IPO allotment status, newipo.info provides regular IPO updates and market information.
Paramount Syntex SME IPO – Key Details
| Particular | Details |
|---|---|
| Company Name | Paramount Syntex Limited |
| IPO Type | SME IPO |
| IPO Opening Date | 30 September 2026 |
| IPO Closing Date | 6 October 2026 |
| Price Band | ₹119 – ₹127 per share |
| Face Value | ₹10 per share |
| Lot Size | 1,000 shares |
| Minimum Retail Application | 2 lots / 2,000 shares |
| Minimum Investment | ₹2,54,000 |
| Issue Size | ₹81.79 crore |
| Fresh Issue | ₹81.79 crore |
| Offer for Sale | Nil |
| Listing Exchange | BSE SME |
| Allotment Date | 7 October 2026 |
| Listing Date | 9 October 2026 |
| Registrar | Bigshare Services Pvt. Ltd. |
| Lead Manager | Sobhagya Capital Options Pvt. Ltd. |
The IPO price band is ₹119 to ₹127, while the minimum individual application is two lots, or 2,000 shares. At the upper price band, this requires an investment of ₹2.54 lakh.
About Company
Paramount Syntex Ltd. was incorporated in 1996 and manufactures synthetic fibres, yarns and textile products, mainly for the textile industry. The company was converted from a private company to a public limited company in 2024.
Its manufacturing facility is at Village Mangarh, Machiwara Road, Kohara, Ludhiana, Punjab, spread across two units of about 7,268.73 sq. yards combined. The plant has in-house fibre processing, tow dyeing, hank dyeing, spinning, bulking and packing.
Product Range
- Acrylic, polyester, nylon and wool yarns
- Blended yarns, including acrylic-wool and viscose-nylon
- Recycled acrylic fibre, tow and dyed fibre
- Acrylic cloth and knitted cloth
Operations
- Converts waste acrylic fibre, sourced in India and imported from Thailand, into recycled fibre and yarn
- 355 permanent employees as of March 31, 2026
- Certified under ISO 9001:2015, ISO 14001:2015 and ISO 45001:2018.
Acrylic and wool yarns made up 60.58% of revenue from operations in FY 2025-26. All sales that year were domestic, with Punjab contributing 90.64%.
The company plans to install additional spinning and dyeing machinery at its existing Ludhiana facility to expand capacity and increase the use of recycled fibre in its products.
Strengths
Experienced Management Team: The management has a combined 30 years of experience in the textile industry, led by promoters Punit Arora and Kumkum Arora. This gives the company deep knowledge of the industry and a clear understanding of market dynamics, which guide its strategic decisions.
Vertically Integrated Operations: The company carries out dyeing, spinning, bulking and packing in-house at its Ludhiana facility. Keeping these stages under its own control helps it manage product quality, production efficiency and costs, and allows faster turnaround times on orders.
Diversified Product Offering: The company focuses on 100% acrylic fibre yarns and dyed fibre yarns, which lets it meet a wide range of customer needs. This product focus also helps it adapt to changing market demand in the designer knitting sector.
Risk Factors
Outstanding Litigation: The company faces 9 pending taxation matters involving ₹528.92 lakhs, and its group entities face 15 taxation matters involving ₹5,066.95 lakhs. An unfavourable outcome could require additional provisions and hurt the company's business, reputation and results of operations.
Dependence on Single Manufacturing Facility: All manufacturing takes place at one facility in Kohara, Ludhiana, Punjab. Equipment breakdowns, industrial accidents, natural disasters, regulatory issues or labour strikes could slow or halt production, and repairs may involve significant costs and delays, affecting revenue and financial condition.
Reliance on Single Business Segment: Manufacturing and trading of fibre, yarn and knitted cloth made up 100% of revenue from operations for the year ended March 31, 2026. Lower demand, stronger competition, raw material price swings or changes in import duties could significantly reduce revenue and profitability.
Paramount Syntex IPO Price and Lot Size
The IPO price band has been fixed at ₹119 to ₹127 per share.
The lot size is 1,000 shares. Individual investors need to apply for a minimum of two lots, which means 2,000 shares.
At the upper price of ₹127, the calculation is:
2,000 × ₹127 = ₹2,54,000
This means the minimum application amount for an individual investor at the upper price band is ₹2.54 lakh.
Paramount Syntex IPO Issue Size
The total IPO size is approximately ₹81.79 crore. The issue consists entirely of a fresh issue, with no offer-for-sale component.
The company is offering up to 64.40 lakh equity shares. A portion of the issue is reserved for the market maker, while the remaining shares form the net public issue.
The main objective of the IPO is to fund capital expenditure, particularly the purchase of machinery at the company's existing manufacturing facilities. Around ₹61.68 crore is planned for machinery, while the balance is intended for general corporate purposes and issue-related expenses.
Paramount Syntex IPO GMP Today
The Grey Market Premium (GMP) is an unofficial indicator of how the IPO may be viewed in the grey market before listing.
As of 1 October 2026, several IPO-tracking sources were reporting GMP around ₹0 for Paramount Syntex. GMP can change during the IPO period, so investors should check the latest figure before making any decision.
It is important to remember that GMP is not an official exchange price and is not regulated by NSE or BSE. A GMP figure should therefore not be treated as a guaranteed listing price.
Readers looking for IPO GMP Today updates can follow newipo.info for regular IPO information.
Paramount Syntex Financial Performance
Paramount Syntex has reported growth in both revenue and profit over the last few financial years.
| Financial Year | Revenue from Operations | Profit After Tax |
|---|---|---|
| FY2024 | ₹92.78 crore | ₹1.35 crore |
| FY2025 | ₹112.42 crore | ₹6.73 crore |
| FY2026 | ₹122.03 crore | ₹13.87 crore |
The company's total income increased to around ₹122.51 crore in FY2026, compared with ₹112.72 crore in FY2025. Profit after tax increased from around ₹6.73 crore to ₹13.87 crore during the same period.
The company also reported EBITDA of about ₹23.59 crore in FY2026, compared with ₹13.17 crore in FY2025.
Recycled Acrylic Fibre Business
One interesting part of Paramount Syntex's business is its recycled acrylic fibre operation.
The company processes waste acrylic material and converts it into recycled fibre that can be used in textile applications. According to the company's website, it processes rejected raw material and converts it into fibre designed for use in yarn production.
Recycling can help textile manufacturers make use of waste materials while reducing dependence on virgin fibre. However, investors should assess the company's actual margins, demand and operating performance rather than relying only on the sustainability angle.
Expansion Plans
A major purpose of the IPO is to increase the company's manufacturing capacity through additional machinery.
The company plans to invest approximately ₹61.68 crore from the IPO proceeds toward machinery at its existing facilities. The expansion is intended to support higher production capacity and improve its manufacturing capabilities.
Because a large part of the issue proceeds is linked to capital expenditure, the company's future performance will also depend on how effectively the new machinery is installed and utilised.
Paramount Syntex IPO Timeline
The current IPO schedule is:
- IPO Opens: 30 September 2026
- IPO Closes: 6 October 2026
- Allotment: 7 October 2026
- Refund/Unblocking: 8 October 2026
- Shares Credited: 8 October 2026
- Listing: 9 October 2026
These dates are based on the current IPO schedule and can be changed by the company, registrar or exchange if required.
Strengths of Paramount Syntex
Paramount Syntex has been operating in the textile sector since 1996 and has experience in synthetic fibre and yarn manufacturing.
Its integrated manufacturing process covers several stages, including fibre processing, dyeing, spinning, bulking and packing. The company also has a diversified product range covering acrylic, polyester, nylon, wool and blended yarns.
Another point investors may watch is the improvement in profitability reported in FY2026. However, past financial performance does not guarantee future results.
Risks to Consider
The textile and synthetic fibre industry is competitive, and raw material prices can affect margins. Synthetic fibre prices can also be influenced by petrochemical and crude-oil-related costs.
The company has its manufacturing operations concentrated in Ludhiana, which creates a location-related business risk. Investors should also consider borrowings, working-capital requirements and the execution of the proposed machinery expansion.
As an SME IPO, investors should also understand that trading liquidity after listing can differ from larger mainboard companies.
How to Check Paramount Syntex IPO Allotment
The basis of allotment is scheduled for 7 October 2026. After allotment is completed, investors can check their application status through the IPO registrar, Bigshare Services, or the relevant exchange facility.
Investors can also follow newipo.info for updates related to IPO allotment and listing information.
Final Thoughts
The Paramount Syntex SME IPO 2026 gives investors an opportunity to follow a textile manufacturing company with a long operating history and a business focused on synthetic fibres and yarns.
The IPO price band is ₹119–₹127 per share, with a lot size of 1,000 shares. The issue opened on 30 September 2026 and is scheduled to close on 6 October 2026, followed by a proposed BSE SME listing on 9 October 2026.
The company plans to use most of the IPO proceeds for machinery and capacity-related capital expenditure. Investors should read the official offer documents, check the latest financial information and understand the risks before making an investment decision.
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