Paramount Syntex
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Paramount Syntex
Price 119 to 127
GMP Rumors ₹0
Lot size 1000
Issue size ₹82 Cr
Allotment 07-10-2026
Refund 08-10-2026
Listing 09-10-2026
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ISIN INE0TBC01014
Allotment Status Bigshare
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About

BSE List Price : ₹115.00

Subscription

Category Times
QIBs119.29x
HNIs0.2x
Retail1.1x
Total : 1.93x

IPO Market Lot(s) Distribution

Application Lot Size Shares Amount
Retail Minimum 2 2,000 ₹254,000
Retail Maximum 2 2,000 ₹254,000
S - HNI Minimum 3 3,000 ₹381,000
S - HNI Maximum 7 7,000 ₹889,000
B - HNI Minimum 8 8,000 ₹1,016,000

About the Company

Paramount Syntex Limited, incorporated in 1996, is a Ludhiana-based textile manufacturer engaged in producing synthetic fibres, dyed fibres and various types of yarns. Its product range includes acrylic, polyester, wool, nylon and blended yarns.

Business Model: The company operates an integrated textile manufacturing model, covering fibre processing, dyeing, spinning and yarn manufacturing. It also manufactures recycled acrylic fibre using waste material sourced from domestic and international markets.

Products & Services

  • Synthetic & Dyed Fibres
  • Acrylic Yarns
  • Polyester Yarns
  • Wool & Nylon Yarns
  • Blended Yarns
  • Recycled Acrylic Fibre
  • Value-Added Textile Products

Company Financial Report

Amount ₹ 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

Company Promoter

Punit Arora

Kumkum Arora

Know before investing

  • • Strengths

    Vertical Integration: The company has an integrated manufacturing setup covering fibre processing, dyeing, spinning and bulking, helping it manage multiple stages of production.

    Diversified Product Portfolio: Manufactures acrylic, polyester, wool, nylon, blended and recycled fibres/yarns, reducing dependence on a single product category.

    Recycled Fibre Capability: The company manufactures recycled acrylic fibre from waste materials, supporting resource utilisation and product diversification.

    Established Industry Presence: The company has been operating since 1996 and supplies fibres and yarns to customers in the textile and apparel industry.

    Quality Certifications: The company holds certifications including ISO 9001:2015, ISO 14001:2015 and ISO 45001:2018, along with GMP certification.

    Improved Financial Performance: Revenue increased from 92.94 crore in FY24 to 122.51 crore in FY26, while PAT increased from 1.35 crore to 13.87 crore.

  • • Risks

    Raw Material Price Risk: The business depends on various fibre and textile raw materials. Changes in raw material prices and availability can affect margins.

    Textile Industry Cyclicality: Demand and profitability can be affected by changes in textile demand, fashion trends and broader industry conditions.

    Customer Dependence: A concentration of business among selected customers may create revenue risk if major customers reduce orders or change suppliers.

    Working Capital Requirement: Textile manufacturing requires significant investment in inventory and receivables, which can put pressure on cash flows.

    Borrowings: Total borrowings were approximately 33.25 crore in FY26, with a debt-to-equity ratio of around 0.78.

    Operating Cash Flow: Operating cash flow was negative in FY24 and FY25, before turning positive at approximately 5.9 crore in FY26.

    Competition: The company competes with established textile manufacturers on price, quality, product range, technology and customer relationships.

Objects of the Issue & Utilisation of proceeds

Capital Expenditure: 61.68 crore towards purchase of machinery at the company's existing manufacturing facilities. The proposed machinery includes equipment for expanding and improving production capabilities.

General Corporate Purposes: The remaining net proceeds will be used for general corporate purposes, subject to the applicable limits.

Company Address

Paramount Syntex Ltd.
32, Floor- 3, Plot 196/198, Bhagwan Bhuwan,
Hazrat Abbas Road, Samuel Street, Vadgadi Masjid,
Chinchbunder, Princess Dock,
Mumbai, Maharashtra, 400009
Phone: +91-99155-77902
Email: paramountsyntexp@gmail.com
Website: https://www.paramountsyntex.com/

IPO Registrar

Bigshare Services Pvt. Ltd.
Phone: 8657578989/8069219065/8069219060
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html

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