Paramount Syntex IPO Day 2: Subscription Status on 1 October 2026

The Paramount Syntex IPO has entered Day 2 of its bidding window, which opened on 30 September 2026 and closes on 6 October 2026. Paramount Syntex Limited, a textile manufacturer, is raising about Rs 81.79 crore entirely through a fresh issue, and the shares are proposed to list on the BSE SME platform. The latest full session data available is the Day 1 close of 28 September 2026.

Day 1 bidding for the issue closed with the issue subscribed 1.30 times overall, an unusually QIB-heavy figure from a very small institutional quota subscribed 119.29 times, while NII and retail stayed nearly untouched. With several sessions still remaining before the 6 October close, retail and NII demand will need to build for those categories to catch up.

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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 2

Bidding for the issue is updated through the trading session on BSE. The table below shows the position at the close of Day 1 along with the figure recorded so far on Day 2.

Investor Category	Subscription at Day 1 Close (30 Sep, closing update)	Subscription So Far (Day 2, 1 Oct)
Qualified Institutional Buyers (QIB)	119.29 times	Updating
Non-Institutional Investors (NII)	0.00 times	Updating
Retail Individual Investors	0.03 times	Updating
Overall	1.30 times	Updating through the session

The QIB category holds a very small share of the net offer, so its high multiple lifts the overall figure while NII and retail remain very thin. Investors should check the live BSE numbers for the latest position ahead of the 6 October close.

Track Subscription Status for the issue on the Univest Screener

How to Apply for the Paramount Syntex IPO

1. Open a Demat and trading account with a SEBI-registered broker such as Univest if you do not already have one.
2. 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.
3. Submit the application through the UPI-based ASBA method so the bid amount is blocked rather than debited immediately.
4. 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 closed Day 1 at 1.30 times overall, driven by a small QIB quota running at 119.29 times while NII and retail stayed thin. 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.

FAQs

What is the Paramount Syntex IPO subscription status on Day 2?

Ans. The issue closed Day 1 subscribed 1.30 times overall, with QIB, on a very small quota, at 119.29 times, while NII and retail stayed thin at 0.00 times and 0.03 times, and figures for Day 2, 1 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.

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 NII and retail?

Ans. The issue carries a very small QIB quota, which was subscribed 119.29 times on Day 1, lifting the overall multiple to 1.30 times even though retail stood at just 0.03 times and NII at 0.00 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 before it closes?

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.