Paramount Syntex Ltd. has launched its SME IPO on September 30. The company has fixed the price band at Rs.119–127 per share, while the issue size is approximately Rs.81.79 crore. The IPO is part of the group of eight SME offerings entering the market today.
The IPO adds to the unusually active SME primary market at the end of September. Along with Paramount Syntex, companies including Acme India Industries, TNA Solutions, Omara Ventures India, Eventions, SJP Ultrasonics, Dove Soft and Sollfege Smart Electronics are opening their issues today.
