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Paramount Syntex IPO IPO

SME[.][.]
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Open
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Allotment
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Listing
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Issue Size
65,00,000 shares (agg. up to ₹[.] Cr)
Listing Date
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✦ AI Insight

Restated Financials (₹ Cr.)

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets76.0960.2543,45,020.00
Total Income112.7292.9482.33
Profit After Tax6.731.350.31
EBITDA13.569.664.51
NET Worth28.8014.0512.70
Reserves and Surplus16.843.4012.36
Amount in ₹ Crore

Peer Comparison

CompanyIssue TypeIssue SizeIssue PricePE RatioListing Day CloseListing Gain/Loss %LTP
Shreedhar Spinners Ltd.SME₹30.68 Cr₹5313.44₹57.10+7.74%₹90.05 (-3.69%)
Harikanta Overseas Ltd.SME₹24.30 Cr₹9114.66₹75.77-16.74%₹74.49 (-1.18%)
Yajur Fibres Ltd.SME₹120.41 Cr₹17423.49₹132.25-23.99%₹37.39 (+2.02%)
K K Silk Mills Ltd.SME₹28.50 Cr₹3812.12₹30.40-20.00%₹10.01 (-2.34%)
Game Changers Texfab Ltd.SME₹54.84 Cr₹10210.58₹109.35+7.21%₹95.75 (-1.29%)
Sihora Industries Ltd.SME₹10.56 Cr₹6613.14₹66.50+0.76%₹59.00 (+0.00%)
Siddhi Cotspin Ltd.SME₹69.85 Cr₹10816.06₹82.10-23.98%₹28.55 (+0.35%)
Rachit Prints Ltd.SME₹19.50 Cr₹14911.85₹113.25-23.99%₹204.00 (-0.07%)
Alpine Texworld Ltd.Mainboard₹126.25 Cr₹10512.68₹99.75-5.00%₹85.54 (-4.99%)
Kusumgar Ltd.Mainboard₹650.00 Cr₹41944.8₹602.80+43.87%₹601.35 (-1.30%)
Aastha Spintex Ltd.Mainboard₹170.00 Cr₹13618.78₹136.49+0.36%₹102.62 (-0.58%)
Shree Ram Twistex Ltd.Mainboard₹110.24 Cr₹10438.21₹71.40-31.35%₹40.28 (+0.20%)

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1Funding of capital expenditure requirements of the Company towards purchase of Machinery at existing Facility57.12
2General Corporate Purposes

About Paramount Syntex IPO

Incorporated in 1996, Paramount Syntex Limited 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). Led by its experienced promoters, Paramount Syntex co

Contact Details

Paramount Syntex Ltd. Address32, Floor- 3, Plot 196/198, Bhagwan Bhuwan,Hazrat Abbas Road, Samuel Street, Vadgadi Masjid,Chinchbunder, Princess Dock,Mumbai, Maharashtra, 400009+91-99155-77902paramountsyntexp@gmail.comVisit Website