Paramount Syntex was originally incorporated as ‘Paramount Syntex Private Limited’ on March 08, 1996. The company converted from a Private Limited Company to Public Limited company, pursuant to a Special Resolution passed by the Shareholders at their Extra-Ordinary General Meeting held on May 23, 2024. Consequently, the name of the company was changed to ‘Paramount Syntex Limited’ on July 18, 2024. It is engaged in the manufacturing of Synthetic Fibres and different kinds of yarns and textile products. Its products are mainly supplied to the textile industry. With time, it has kept improving its processes. The manufacturing process of it is systematic and covers all key stages such as raw material selection, cleaning, drying, blending, spinning, winding, and quality checking. It also has its own research team which works to improve the quality of products and meet the requirements of customers. Spearheading its strategic direction and operational oversight are Punit Arora & Kumkum Arora, the Promoters who are dedicated to steering it towards sustainable success through comprehensive leadership and management which is the guiding force behind all the strategic decisions of it. Their industry knowledge and understanding also gives it the key competitive advantage enabling it to expand its customer presence in existing as well as target markets, while exploring new growth avenues.

In addition to yarn production, the company have facilities to produce acrylic fiber from waste fiber. The waste fiber is procured from both domestically and imported from Thailand. The company’s operations include production of acrylic fiber, dyed fiber, and yarn, supported by its in-house dyeing unit, spinning, bulking, and packing facilities. Its primary focus is on expanding its manufacturing operations.

It holds certifications including ISO 9001:2015 for Quality Management System, ISO 45001:2018 for Occupational Health & Safety Management System, ISO 14001:2015 for Environmental Management System and Good Manufacturing Practice (GMP) certified organization. It follows a robust Quality Management System, driven by its commitment to deliver work that meets project-specific standards and specifications for materials, workmanship and timelines. Through stringent quality control, it ensures the highest standards of safety and environmental protection, consistently fulfilling client expectations and adhering to their prescribed requirements. As the company expanded, it continued to maintain a balanced approach by leveraging trading opportunities. This strategic decision has enabled it to optimize profitability, benefit from market dynamics, and support sustained growth. 

Business area of the company

The company is engaged in Yarn manufacturing and has in house facility for Fiber Processing, Tow Dyeing Processes, Hank Dyeing Process & Knitted Cloth Manufacturing. Its manufacturing process adheres to stringent quality standards and is backed by advanced technology and machinery.

Products of the company

Yarns

• Acrylic Yarns
• Polyester Yarns
• Wool yarns
• Nylon Yarns
• dyed acrylic high bulk yarn (Daffodil Yarn)
• Blended Yarns
• Acrylic-Wool Blended Yarn
• Viscose-Nylon Blended Yarn

Synthetic Fibres

• Acrylic Fibres
• Acrylic Hard Waste
• Acrylic Tow
• Acrylic Soft Waste
• 100% modified polyester yarn

Fabric / Textile Products

• Acrylic Cloth
• Knitted Cloth

History and milestones

• 1996: Incorporation of the company as Paramount Syntex Private Limited” under the Companies Act, 1956. 
• 1996: Increase in Authorized paid up capital.
• 2012: Increase in Authorized paid up capital.
• 2023: Adoption of New MOA and AOA as per Companies Act, 2013. 
• 2023: Increase in Authorized paid up capital.
• 2024: Conversion of company from Private Limited to Public Limited company.