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Outbyte Driver Updater FREEFix the driver behind crashes, sound loss and screen glitchesFind Drivers →Outbyte PC Repair FREEClear out junk files and repair common Windows errorsFree Scan →The Paramount Syntex IPO is scheduled to close on October 6, 2026, with a price band of ₹119–₹127 per share. The widely cited “119 times” figure is a snapshot of QIB bids excluding anchor investors: 119.29x at 5:00 p.m. IST on October 1—not the final subscription result. The issue is listed as a BSE SME book-built fresh issue.
Paramount Syntex IPO at a glance
| Item | Details |
|---|---|
| Issue type | Book-built fresh issue, as reported by Economic Times and Zerodha |
| Exchange | BSE SME, as reported by Economic Times and Zerodha |
| Price band | ₹119–₹127 per share, according to Economic Times |
| Opens | September 30, 2026, scheduled |
| Closes | October 6, 2026, scheduled |
| Allotment | October 7, 2026, scheduled |
| Listing | October 9, 2026, scheduled |
The dates are the schedule reported by Economic Times and Zerodha. As of October 4, the closing, allotment and listing milestones had not yet occurred; confirm any updates with the exchange or final offer documents.
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What does “QIB subscribed 119 times” mean?
Economic Times reported QIB subscription excluding anchor investors at 119.29x in a snapshot dated October 1, 2026, at 5:00 p.m. IST. In practical terms, bids from that investor category were 119.29 times its reserved portion at that point in the bidding period. This is a dated category-level figure, not the final QIB result or a measure of demand across the whole issue.
The same October 1 snapshot reported total subscription of 1.28x, NII subscription of 0.02x and retail subscription of 0.10x. The category figures show why the QIB headline should not be read in isolation:
#1 Best Overall
| Investor category or measure | Subscription | Snapshot |
|---|---|---|
| QIB, excluding anchors | 119.29x | Economic Times, October 1, 2026, 5:00 p.m. IST |
| Non-institutional investors (NII) | 0.02x | Economic Times, October 1, 2026, 5:00 p.m. IST |
| Retail investors | 0.10x | Economic Times, October 1, 2026, 5:00 p.m. IST |
| Total issue | 1.28x | Economic Times, October 1, 2026, 5:00 p.m. IST |
Subscription multiples compare bids with the portion reserved for each category. They do not guarantee an individual applicant an allotment or predict the listing price. Third-party reports also differ on total subscription: IPO Decode reported 0.47x on October 3, a figure not reconciled here with exchange data. Treat subscription numbers as source- and timestamp-specific, and look for the latest exchange or registrar information before drawing conclusions.
Paramount Syntex IPO GMP: what is reported?
Tapetide recorded a grey market premium (GMP) of ₹0 on September 29, 2026, and labels its data unofficial and indicative. Zerodha also describes GMP as unofficial and unregulated. There is no reliable current October 4 GMP established in the available reports.
GMP is a grey-market indication, not a price published by the issuer or stock exchange and not a dependable forecast of the eventual listing price. The September 29 observation should not be presented as today’s premium or as a prediction of what the shares will trade at.
Do these 3 things before closing this tab:
1Repair Windows errors before they cause bigger problems2Fix the driver behind crashes, sound loss and screen glitches3Clear out junk files and repair common Windows errorsWhat is the issue for, and what should investors verify?
Business Standard reports that proceeds are intended for machinery capital expenditure at the company’s existing facility and general corporate purposes. Confirm the final allocation amounts and terms in the final offer document: the issuer’s draft prospectus describes the book-building structure and investor allocation framework but contains placeholders for price and final issue details.
Before applying, check the final red herring prospectus and relevant exchange notices for the completed offer terms, category reservations and any schedule changes. If applying through a broker or demat account, follow that provider’s current instructions and remember that submitting an application does not ensure an allotment.
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