Paramount Syntex IPO Day 3: Subscription Status on 5 October 2026
- October 5, 2026
- Posted by: Harsh Piplani
- Category: IPO
Paramount Syntex IPO Day 3, 5 Oct 2026. Subscribed 1.35x through Day 2: QIB 119.29x, Retail 0.10x, NII 0.02x. Price band Rs 119-127. Closes 6 Oct.
Quick Answer
The Paramount Syntex IPO is on Day 3 of bidding on 5 October 2026, after the Gandhi Jayanti market holiday on Friday 2 October and the weekend. The issue stood at 1.35 times at the Day 2 close on 1 October, up from 1.30 times at the Day 1 close, with a very small QIB quota at 119.29 times while retail was at 0.10 times and NII at just 0.02 times. Bidding remains open until 6 October 2026, and investors should track the live category wise numbers on BSE through the day.
Paramount Syntex Limited, a textile manufacturer, is on Day 3 of its IPO bidding window, which opened on 30 September 2026 and closes on 6 October 2026, after the Friday market holiday and the weekend. The Paramount Syntex IPO is a book built SME issue worth about Rs 81.79 crore, entirely a fresh issue, and the shares are proposed to list on the BSE SME platform.
The overall Paramount Syntex IPO figure is lifted almost entirely by a very small QIB quota subscribed 119.29 times, while retail and NII, which carry nearly all of the issue, have barely moved. With the window running to 6 October, there is one more session after today.
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Paramount Syntex IPO Details
The table below sets out the key parameters of the issue.
| Open Date | 30 September 2026 |
| Close Date | 6 October 2026 |
| Face Value | Rs 10 per share |
| Price Band | Rs 119 to Rs 127 per share |
| Lot Size | 1,000 shares (minimum bid 2,000 shares) |
| Issue Size | Rs 81.79 crore (entirely fresh issue) |
| Issue Type | Book Built Issue, SME |
| Listing At | BSE SME |
| Allotment Date | 7 October 2026 |
| Listing Date | 9 October 2026 |
Paramount Syntex IPO Subscription Status Day 3
The table below tracks how the issue has moved through its bidding window, from the Day 1 close through to the close of Day 2 on Thursday, 1 October, the last bidding day before the holiday weekend.
| Session | Overall | QIB | NII | Retail |
|---|---|---|---|---|
| Day 1 close (30 Sep) | 1.30x | 119.29x | 0.00x | 0.03x |
| Day 2 close (1 Oct) | 1.35x | 119.29x | 0.02x | 0.10x |
| Day 3, so far (5 Oct) | Updating through the session | |||
The QIB quota is only about 1 percent of the issue, so its high multiple lifts the overall figure while retail and NII remain very thin. Final figures should be confirmed on BSE once bidding closes on 6 October.
Track Subscription Status for the issue on the Univest Screener
How to Apply for the Paramount Syntex IPO
- Open a Demat and trading account with a SEBI-registered broker such as Univest if you do not already have one.
- Select the issue on your broker app or net banking platform and enter your bid quantity and price within the Rs 119 to Rs 127 band, with a minimum bid of 2,000 shares.
- Submit the application through the UPI-based ASBA method so the bid amount is blocked rather than debited immediately.
- Approve the UPI mandate on your phone before the daily cut off time, keeping in mind the issue closes on 6 October.
Download the Univest iOS App or Univest Android App to apply for the issue before the 6 October close.
Grey market premium (GMP) is an unofficial, unregulated indicator for the issue that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision.
Conclusion
The issue stood at around 1.35 times after Day 2, driven by a very small QIB quota while retail and NII stayed thin, with bidding open until 6 October. Investors considering the issue should review the company financials and SME liquidity risks in the RHP on bseindia.com, and apply only after independent due diligence.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
FAQs
What is the Paramount Syntex IPO subscription status on Day 3?
Ans. The issue carries forward a Day 2 close of around 1.35 times overall, with QIB at 119.29 times, retail at 0.10 times and NII at 0.02 times, and figures for Day 3, 5 October 2026, are updating through today’s session on BSE.
When does the Paramount Syntex IPO close?
Ans. The issue closes for subscription on 6 October 2026, having opened on 30 September 2026. Bidding resumes today after the Gandhi Jayanti market holiday on Friday 2 October and the weekend.
What is the Paramount Syntex IPO price band and lot size?
Ans. The issue price band is Rs 119 to Rs 127 per share, with a lot size of 1,000 shares. Retail investors must apply for a minimum of 2 lots, or 2,000 shares, taking the minimum investment to about Rs 2,54,000 at the upper price band.
Why is the Paramount Syntex IPO overall subscription so much higher than retail and NII?
Ans. The issue carries a very small QIB quota of about 1 percent, which was subscribed 119.29 times, lifting the overall multiple to around 1.35 times even though retail stood at 0.10 times and NII at 0.02 times.
What is the Paramount Syntex IPO GMP?
Ans. Grey market premium (GMP) is an unofficial, unregulated indicator for the issue that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision.
How do I apply for the Paramount Syntex IPO?
Ans. You can apply for the issue through your SEBI-registered broker or UPI-enabled banking app using the ASBA method, enter your bid quantity and price within the Rs 119 to Rs 127 band, with a minimum bid of 2,000 shares, then approving the UPI mandate before the daily cut off.
When will the Paramount Syntex IPO be allotted and listed?
Ans. The issue allotment is expected to be finalised on 7 October 2026, with listing on the BSE SME platform tentatively scheduled for 9 October 2026.
What does Paramount Syntex Limited do?
Ans. Paramount Syntex Limited operates in the textile manufacturing segment.
