Paramount Syntex Limited IPO: Date, GMP, Price Band & Subscription
SME LISTED · updated 16 Oct 2026, 9:26 pm IST · हिंदी में पढ़ें
Compiled by the Xflot IPO desk from NSE and BSE issue data, RHP, the registrar, grey-market quotes (unofficial) · Updated 16 Oct 2026, 09:16 pm IST · How we source each figure
- Opens30 Sep
- Closes6 Oct
- Listing9 Oct
Listed on 9 Oct 2026.
A forecast is a guess about an outcome, scored on listing day. Not a recommendation — how it works.
Why is the Paramount Syntex Limited IPO GMP only ₹0?
₹0 is what grey-market dealers were last quoting over the issue price of ₹127, which works out to 0%. Nobody publishes a reason for the level, and anyone claiming one is guessing. What can be said is that the rate is unofficial, quoted privately, and not published by NSE, BSE or SEBI.
What is the minimum investment in the Paramount Syntex Limited IPO?
One lot is 1000 shares, which costs about ₹1,27,000 at the top of the ₹119–₹127 band. Retail applications above ₹2,00,000 move into the HNI category, which is allotted on a different basis.
Valuation at the band
From the company's RHP dated 2026-09-22, every input checked against the document; prices from the exchange. Figures side by side — not a view on whether the price is right.
P/E against the listed peers the company names
Peers' P/E as printed in the RHP's Basis for Offer Price section, on their own reported earnings at that date. The issue's P/E is the upper band divided by its basic EPS for FY2026.
Paramount Syntex Limited IPO GMP — day by day
Reported grey market premium per share, one reading a day, against the issue's own dates. Unofficial throughout — hover or tab through for the implied listing price.
| Date | GMP | Trend | % of band |
|---|---|---|---|
| 11 Oct 2026 | ₹0 | ▬ | 0.00% |
| 07 Oct 2026 | ₹0 | ▬ | 0.00% |
| 06 Oct 2026 | ₹0 | ▬ | 0.00% |
| 05 Oct 2026 | ₹0 | ▬ | +127.00% |
| 04 Oct 2026 | ₹0 | ▬ | +127.00% |
| 03 Oct 2026 | ₹0 | ▬ | +127.00% |
| 02 Oct 2026 | ₹0 | ▬ | +127.00% |
| 01 Oct 2026 | ₹0 | ▬ | 0.00% |
| 30 Sept 2026 | ₹0 | ▬ | 0.00% |
| 29 Sept 2026 | ₹0 | ▬ | 0.00% |
| 28 Sept 2026 | ₹0 | ▬ | 0.00% |
| 27 Sept 2026 | ₹0 | ▬ | 0.00% |
| 26 Sept 2026 | ₹0 | ▬ | 0.00% |
| 25 Sept 2026 | ₹0 | ▬ | 0.00% |
| 24 Sept 2026 | ₹0 | — | 0.00% |
Subscription status
| Category | Times subscribed |
|---|---|
| No subscription figures were captured for this issue. NSE publishes category-wise subscription only while an issue is open, and this one closed before it was being tracked here. | |
Paramount Syntex Limited IPO lot size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| One lot | 1 | 1,000 | ₹1,27,000 |
At the upper band. SME issues set the minimum application in the prospectus (SEBI raised it in 2025) — check the RHP for how many lots an individual must bid.
Paramount Syntex Limited IPO dates
| Step | Date |
|---|---|
| Opens for bids | Wed, 30 Sep 2026 |
| Closes for bids | Tue, 6 Oct 2026 |
| UPI mandate cut-off · 5 pm on the closing day | Tue, 6 Oct 2026 |
| Basis of allotment · T+1 | Wed, 7 Oct 2026 expected |
| Refunds start · T+2 | Thu, 8 Oct 2026 expected |
| Shares credited to demat · T+2 | Thu, 8 Oct 2026 expected |
| Listing · T+3 | Fri, 9 Oct 2026 |
"Expected" dates follow SEBI's T+3 timetable from the closing day, skipping weekends and market holidays; the exchange's or the company's own date replaces each one as soon as it is published.
| Issue size | ₹81.79 Cr |
| Price band | ₹119 – ₹127 |
| Lot size | 1000 shares |
| Registrar | Bigshare Services Private Limited |
| Listing at | NSE |
Documents and links
- RHP dated 2026-09-22 — the document the figures on this page are quoted from
- Bigshare Services allotment status — the registrar's own page (free; never asks for a payment or a password)
- How to check Paramount Syntex Limited IPO allotment
About this issue
Summary generated from the issue data on this page. Figures above are the source; this paragraph adds no new facts.
From the prospectus
Over 3 reported periods (FY2024 to FY2026), revenue moved +32%, and the latest period was profitable at ₹1,386.8 L. Figures are as stated in the company's RHP dated 2026-09-22, in ₹ lakh.
| Period | Revenue | Profit / (loss) | Margin | Debt |
|---|---|---|---|---|
| FY2024 | ₹9,277.9 L | ₹134.7 L | 1.5% | — |
| FY2025 | ₹11,241.8 L | ₹672.8 L | 6.0% | — |
| FY2026 | ₹12,203 L | ₹1,386.8 L | 11.4% | ₹3,324.8 L |
What the company does
Paramount Syntex manufactures and trades fibre, yarn and knitted cloth, a single segment that made up all of its revenue from operations in the year ended March 31, 2026. Its manufacturing facilities are at Village Mangarh, Machiwara Road, Kohara, in Ludhiana, Punjab, and raw materials are sourced from suppliers in India, Thailand and China. Revenue from operations was ₹12,202.99 lakh in that year, up from ₹11,241.79 lakh, and profit was ₹1,386.82 lakh. The issue is a fresh issue of up to 64,40,000 shares for listing on BSE SME.
Promoters
The promoters are Punit Arora and Kumkum Arora. Punit Arora holds 88.51% and Kumkum Arora 3.23% before the issue; with the promoter group the total is 91.74%. The document says promoters and promoter group own 59.63% after the issue.
What the money is for
- Purchase of machinery at the existing facilities — ₹6,167.7 L
- General corporate purposes (amount not yet stated)
Risks the company itself lists
- There is outstanding litigation against the company, and an adverse outcome may affect the business.
- All manufacturing is at one location in Ludhiana, Punjab, so a slowdown, shutdown, strike or local disruption there could affect operations.
- All revenue comes from a single business segment, the manufacture and trading of fibre, yarn and knitted cloth.
- The top ten customers and top ten raw material suppliers account for a substantial part of sales and purchases.
- Orders have not yet been placed for all of the plant and machinery to be bought with the issue proceeds, so costs and timing may change.
- The company does not usually sign long-term supply contracts and buys raw materials in the open market, exposing it to price volatility.
- The use of the issue proceeds has not been appraised by any bank or financial institution.
Listed peers named in the document
Shiva Texyarn Limited — P/E 23.35x — Listed peer in the Basis for Issue Price; standalone figures for the year ended March 31, 2026 · Sangam (India) Limited — P/E 33.15x — Listed peer; standalone figures · Donear Industries Limited — P/E 9.83x — Listed peer; standalone figures
Lead managers: Sobhagya Capital Options Private Limited.
Source: the RHP filed by the company ↗. This section reports what the document says; it is not a recommendation to apply, buy or sell.
Allotment status and registrar for Paramount Syntex Limited →
Frequently asked questions
What is the Paramount Syntex Limited IPO GMP today?
The reported grey market premium is ₹0 per share, roughly 0% of the upper price band. This is unofficial.
Does GMP decide the listing price?
No. GMP is unofficial sentiment and often differs from the actual listing price.
See the scoreboard for how the two have compared.