Paramount Syntex Ltd

PARASYNTEX Paramount Syntex Ltd

BSE IPO

Bidding dates30 Sep 2026 - 06 Oct 2026

Price range₹119 - ₹127

Min. investment₹2,54,000

Issue size81.79 Cr

Lot size1000 Shares

IPO DocRHP

IPO Timeline

Start date

30 Sep 2026

End date

06 Oct 2026

Allotment date

07 Oct 2026

Refund initiation

08 Oct 2026

Share credit

08 Oct 2026

Deactivate mandate

09 Oct 2026

About company

Incorporated in 1996, Paramount Syntex Ltd. is engaged in the manufacturing of synthetic fibres, dyed fibres, and various types of yarns, including acrylic, polyester, wool, nylon, and blended yarns. The Company’s manufacturing units are located at Village Mangarh, Machiwara Road, Kohara, Ludhiana, Punjab, with a combined area of approximately 7,268.73 sq. yards.

Paramount Syntex operates with a fully integrated setup comprising fibre processing, tow dyeing, hank dyeing, spinning, bulking, and packing facilities, supported by an in-house research and quality control team. The Company also manufactures recycled acrylic fibre from waste materials sourced both domestically and internationally, ensuring sustainable operations and efficient resource utilization.

Over the years, the Company has established a strong presence in the textile and apparel industry, supplying high-quality yarns and fibres to a wide customer base across India. It holds certifications including ISO 9001:2015 (Quality Management), ISO 14001:2015 (Environmental Management), ISO 45001:2018 (Occupational Health & Safety), and Good Manufacturing Practice (GMP).

Founded in 1996

Managing director Punit Arora

Parent organisation Paramount Syntex IPO

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Strengths and Risks

Strengths

The company is guided by seasoned promoters and an experienced management team with deep domain expertise in the textile, synthetic yarn, and manufacturing sectors.

Paramount Syntex has demonstrated notable top-line and bottom-line expansion leading into FY26, with total revenue scaling to roughly ?122.51 crore and a sharp increase in Profit After Tax (PAT) to ?13.87 crore (up from ?6.73 crore in FY25 and ?1.35 crore in FY24).

The company features a wide and flexible range of product offerings catering to various market requirements, lowering its dependence on a single product variant.

Risks

The company faces notable legal exposure, including multiple pending taxation matters involving significant financial amounts (such as several pending disputes totaling hundreds of lakhs), alongside legal proceedings facing group entities. Adverse rulings could impact financial stability.

Operating a manufacturing-led textile business requires locking up substantial capital in working capital, raw material inventory, and rising trade receivables, which can occasionally pressure cash conversion cycles.

The business heavily depends on centralized manufacturing plants and core operational facilities. Any localized technical glitch, power disruption, or machinery breakdown can impair overall output.