Comparison between Novus Loyalty IPO and Paramount Syntex IPO.
Novus Loyalty IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Paramount Syntex IPO is a SME Bookbuilding proposed to list at BSE SME.
| Novus Loyalty IPO | Paramount Syntex IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Smart Horizon Capital Advisors Pvt.Ltd. | Sobhagya Capital Options Pvt.Ltd. |
| Registrar | Kfin Technologies Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Shreni Shares Ltd. | |
| DRHP | DRHP  | DRHP |
| RHP | RHP | |
| Final Prospectus | Final Prospectus | |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL |
The total issue size of Novus Loyalty IPO is up to ₹56.79 Cr whereas the issue size of the Paramount Syntex IPO is up to ₹0.00 Cr. The final issue price of Novus Loyalty IPO is ₹146.00 per share and of Paramount Syntex IPO is .
| Novus Loyalty IPO | Paramount Syntex IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹139.00 per share | |
| Issue Price (Upper) | ₹146.00 per share | |
| Issue Price (Final) | ₹146.00 per share | |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 1000 shares | |
| Fresh Issue Size | 30,70,000 shares | 65,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹44.82 Cr | up to ₹0.00 Cr |
| OFS Issue Size | 8,20,000 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹11.97 Cr | up to ₹0.00 Cr |
| Issue Size Total | 38,90,000 shares | 65,00,000 shares |
| Issue Size Total (Amount) | up to ₹56.79 Cr | up to ₹0.00 Cr |
Novus Loyalty IPO opens on Mar 17, 2026, while Paramount Syntex IPO opens on . The closing date of Novus Loyalty IPO and Paramount Syntex IPO is Mar 20, 2026, and , respectively.
| Novus Loyalty IPO | Paramount Syntex IPO | |
|---|---|---|
| Anchor Bid Date | Mar 16, 2026 | |
| Issue Open | Mar 17, 2026 | |
| Issue Close | Mar 20, 2026 | |
| Basis Of Allotment (Tentative) | Mar 23, 2026 | |
| Initiation of Refunds (Tentative) | Mar 24, 2026 | |
| Credit of Share (Tentative) | Mar 24, 2026 | |
| Listing date (Tentative) | Mar 25, 2026 | |
| Anchor Lockin End date 1 | Apr 22, 2026 | |
| Anchor Lockin End date 2 | Jun 21, 2026 |
Novus Loyalty IPO P/E ratio is 49.89, as compared to Paramount Syntex IPO P/E ratio of .
| Novus Loyalty IPO | Paramount Syntex IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Standalone)Paramount Syntex Ltd.'s revenue increased by 21% and profit after tax (PAT) rose by 399% between the financial year ending with March 31, 2025 and March 31, 2024.
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 95.62 | 91.74 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 70.05 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 49.89 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹227.03 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 31.74 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 40.40 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹2.93 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 27.39 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Novus Loyalty IPO Retail Individual Investors (RII) are offered 13,64,000 shares while in Paramount Syntex IPO retail investors are offered 13,64,000 shares. Qualified Institutional Buyers (QIB) are offered 8,10,000 shares in Novus Loyalty IPO and 0 shares in Paramount Syntex IPO.
| Novus Loyalty IPO | Paramount Syntex IPO | |
|---|---|---|
| Anchor Investor Reservation | 11,30,000 shares | 0 shares |
| Market Maker Reservation | 2,30,000 shares | 0 shares |
| QIB | 8,10,000 shares | 0 shares |
| NII | 5,86,000 shares | 0 shares |
| RII | 13,64,000 shares | 0 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 38,90,000 shares | 0 shares |
Novus Loyalty IPO subscribed 1.10x in total, whereas Paramount Syntex IPO subscribed .
| Novus Loyalty IPO | Paramount Syntex IPO | |
|---|---|---|
| QIB (times) | 1.38x | |
| NII (times) | 1.17x | |
| Big NII (times) | 1.31x | |
| Small NII (times) | 0.88x | |
| RII (times) | 1.82x | |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.10x |
