Paramount Dye Tec Limited, based in Ludhiana, Punjab, is a public limited company specializing in the manufacturing of yarns from recycled synthetic waste fibers, serving the B2B segment of the textile industry. Established as a partnership firm in 2014 and converted to a public limited company in 2024, it offers a diverse range of products, including acrylic, polyester, nylon, wool, hand-knitting, and acrylic blend yarns. The company operates from facilities in Village Mangarh and Village Koom Khurd and holds ISO 9001:2015 and GMP certifications, emphasizing quality and sustainable practices.
Initially focusing on basic fibers for items like cushions and carpets, Paramount Dye Tec began recycling synthetic waste fibers in 2022-23, producing yarns comparable to those made from virgin fibers. These recycled yarns are utilized in products such as thermal wear and clothing. The company is planning a public issue of 24,30,000 fresh equity shares, aiming to expand its sustainable production capabilities.
