Paramount Syntex Ltd.
PARAMOUNTSME
Overview
Paramount Syntex Limited is an Indian textile manufacturer focused on synthetic fibres and yarns, with operations centered at its Ludhiana, Punjab facility and a registered office in Mumbai. The company produces acrylic fibre and a range of yarns (including acrylic, polyester, nylon, wool and blended/dyed variants) using in-house fibre processing, spinning, tow dyeing and hank dyeing capabilities, and also converts waste synthetic fibre into recycled fibre used in downstream textile applications.
Opening Date
Sep 30, 2026
Closing Date
Oct 06, 2026
Listing Date
Oct 09, 2026
IPO Type
SME
IPO Status
Upcoming
Issue Size
81.79 Cr
Fresh Issue
81.79 Cr
Offer for Sale
0 Cr
Price Band
₹119 - ₹127
Lot Size
1000
IPO Timeline
Financials
Revenue
Profit After Tax (PAT)
Use of IPO funds
Key Performance Indicator
P/E Ratio
10.95
EPS
11.6
ROE
32.5%
ROCE
29.18%
RONW
32.5%
Debt to Equity Ratio
0.78
PAT Margin
11.36%
EBITDA Margin
19.33%
P/B
7.96
Bull vs Bear
Bull case
- •
The recycling-based model can lower raw material dependency, so the business may handle supply shocks better than pure virgin-fibre players.
- •
High capacity utilisation suggests the plant is already busy, so successful new machines could translate into higher volumes without waiting for demand.
- •
ISO and GMP systems can reduce rejection and rework, so customer trust may be easier to keep when competitors cut corners.
Bear case
- •
There are outstanding tax disputes and possible new provisions, so profits and cash could take a hit if cases go against the company.
- •
One manufacturing site in Ludhiana is a single point of failure, so any shutdown can quickly stop sales and strain customer relationships.
- •
100% revenue comes from one segment, so a demand drop or raw material price spike can directly hurt margins and cash generation.
Net takeaway
The long-term story is a textile manufacturer trying to scale a recycling-led yarn and fibre platform, backed by high plant utilisation and process certifications that can support quality and repeat orders. But the business is concentrated in one plant and one segment, and it carries legal and tax overhangs that could surprise cash flows. Over time, the key thing to watch is working-capital discipline, especially receivables and borrowing needs.
Subscription Rate
Subscription data will be available once the IPO opens.

