Paramount Syntex IPO Details & GMP

Closed
GMP Today ₹0
Price Band ₹127
Lot Size 1000
GMP % 0.00%

About Paramount Syntex

1. Company Overview

Paramount Syntex Limited (incorporated in March 1996 as Paramount Syntex Private Limited and converted to a public limited company in 2024) is a textile manufacturing company specializing in synthetic fibers and specialized yarns.
  • Core Products & Services: Manufactures synthetic fibers, dyed fibers, and multiple yarn varieties, including acrylic, polyester, wool, nylon, and blended yarns.
  • Manufacturing Setup: Operates a fully integrated manufacturing ecosystem comprising fiber processing, tow dyeing, hank dyeing, spinning, bulking, winding, and quality testing.
  • Target Industries: Primarily supplies manufacturers in fashion apparel, designer knitting, home decor, interior textiles, and industrial fabrics.
  • Management & Leadership: Led by Punit Arora (Chairman & Managing Director) and Kumkum Arora.

2. Performance

  • Revenue Trajectory: Revenue from operations grew from ₹92.94 crore in FY24 to ₹112.72 crore in FY25, reaching ₹122.51 crore in FY26.
  • Profitability Expansion: Net profit (PAT) increased significantly from ₹1.35 crore in FY24 to ₹6.73 crore in FY25, and climbed to ₹13.87 crore in FY26—driven by operational efficiencies in in-house dyeing and higher-margin specialty yarn sales.
  • Return Metrics: Delivered an Return on Equity (ROE) of 32.50% and a Return on Capital Employed (ROCE) of 29.18% in FY26.

3. IPO Details

Parameter Details
IPO Bidding Dates September 30, 2026 – October 6, 2026
Tentative Listing Date October 9, 2026 (BSE SME Platform)
Issue Price Band ₹119 to ₹127 per share
Face Value ₹10 per equity share
Total Issue Size 64,40,000 Equity Shares (aggregating up to ₹81.79 Crore)
Fresh Issue Portion 64,40,000 Equity Shares (100% Fresh Issue, 0 OFS)
Market Maker Reservation 3,23,000 Equity Shares (~₹4.10 Crore)
Net Issue to Public 61,17,000 Equity Shares (~₹77.69 Crore)
Allocation Structure QIB: Up to 50% | Retail: Min 35% | NII/HNI: Min 15%
Minimum Retail Lot Size 2 Lots (2,000 shares) = ₹2,54,000 (at upper price band)
Market Maker MNM Stock Broking Pvt. Ltd.

Objects of the Fresh Issue

  • Funding capital expenditure for purchasing machinery at existing facilities (~₹61.70 Crore).
  • General corporate purposes.

4. Financial Details

Financial Summary (Amounts in ₹ Crore)

Financial Metric FY24 FY25 FY26
Total Income ₹92.94 ₹112.72 ₹122.51
Operating Profit (EBITDA) ₹9.53 ₹13.27 ~₹23.60
Profit After Tax (PAT) ₹1.35 ₹6.73 ₹13.87
Total Assets ₹60.25 ₹76.09 ₹96.26

Key Valuation Ratios & Metrics (FY26)

  • Pre-Issue Share Capital: 1,19,59,382 shares
  • Post-Issue Share Capital: 1,83,99,382 shares
  • Implied Market Capitalization: ₹233.67 Crore (at ₹127 per share)
  • Return on Equity (ROE): 32.50%
  • Return on Capital Employed (ROCE): 29.18%
  • Debt / Equity Ratio: 0.78x
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