Paramount Syntex IPO Subscription Status Last Day: Overall Subscription Reaches 1.88x
Varda Khade
- 0 min read
Last Updated: 6th October 2026 - 05:04 pm
Paramount Syntex IPO subscription reached 1.88 times on Day 4, as of 4:44:57 PM on October 6, 2026. The public issue received bids for 1,14,70,000 shares against 61,17,000 shares available for subscription, excluding the market maker portion.
The QIB (Ex Anchor) category recorded the highest subscription at 119.29 times, followed by Individual Investors at 1.10 times. The NII portion was subscribed 0.09 times.
Subscription Status of Paramount Syntex IPO
| Date | QIB | NII | Individual | Total |
|---|---|---|---|---|
| Day 1 (September 29) | 119.29 | 0.00 | 0.03 | 1.30 |
| Day 2 (September 30) | 119.29 | 0.02 | 0.10 | 1.35 |
| Day 3 (October 1) | 119.29 | 0.03 | 0.44 | 1.52 |
| Day 4 (October 5) | 119.29 | 0.09 | 1.10 | 1.88 |
Here are the subscription details for Paramount Syntex IPO on the final day, as of 4:44:57 PM:
| Investor Category | Subscription (times) | Shares Offered | Shares bid for | Total |
|---|---|---|---|---|
| Anchor | 1 | 3,23,000 | 3,23,000 | 4.102 |
| QIB (Ex Anchor) | 119.20 | 66,000 | 78,73,000 | 99.987 |
| NII | 0.09 | 30,15,000 | 2,71,000 | 3.442 |
| Individual | 1.10 | 30,36,000 | 33,26,000 | 42.240 |
| Total | 1.88 | 61,17,000 | 1,14,70,000 | 145.669 |
Key Highlights – Day 4
- Paramount Syntex IPO subscription stood at 1.88 times on Day 4, with bids for 1,14,70,000 shares against 61,17,000 shares available for public subscription.
- QIB (Ex Anchor) remained the highest-subscribed category at 119.29 times, while Individual Investors reached 1.10 times and NII stood at 0.09 times.
- Overall subscription increased from 1.52 times on Day 3 to 1.88 times on Day 4, with the Individual Investors category rising from 0.44 times to 1.10 times.
Key Highlights – Day 3
- Overall subscription stood at 1.52 times on October 5, compared with 1.35 times on Day 2.
- QIB (Ex Anchor) subscription remained at 119.29 times, while Individual Investors increased to 0.44 times.
- The NII portion stood at 0.03 times on Day 3, up from 0.02 times on Day 2.
Key Highlights – Day 2
- Paramount Syntex IPO was subscribed 1.35 times by the end of Day 2, compared with 1.30 times on Day 1.
- QIB (Ex Anchor) subscription remained at 119.29 times on Day 2.
- Individual Investors subscription increased from 0.03 times on Day 1 to 0.10 times on Day 2, while NII subscription reached 0.02 times.
Key Highlights – Day 1
- Paramount Syntex IPO recorded an overall subscription of 1.30 times on its opening day.
- QIB (Ex Anchor) subscription stood at 119.29 times, substantially ahead of the other investor categories.
- Individual Investors subscribed 0.03 times, while the NII portion had not recorded full subscription on Day 1.
About Paramount Syntex
Paramount Syntex Limited manufactures synthetic fibres, yarns and textile products, supplying products primarily to participants in the textile industry. The company was incorporated in 1996 and operates manufacturing activities covering raw-material selection, spinning and quality-control processes. Trendlyne.com
The company's operations are supported by an in-house research function focused on product quality and customer requirements. Its IPO is a book-built SME issue with a price band of ₹119 to ₹127 per share and is proposed to list on the BSE SME platform.
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