Paragon Fine And Speciality Chemicals Limited IPO
NSE SMEListed On: Nov 3, 2023 at ₹ 225.0
₹ 240000 /2400 Shares
*Min Investment
26 Oct, 2023
Open Date30 Oct, 2023
Close Date31 Oct, 2023
Allotment Date03 Nov, 2023
Listing DateExpected Premium
+ ₹95-105 (95%)*Expected Premium provided in this app is derived from market rumors. It is not a guaranteed indicator of the actual listing price and should be interpreted with caution.
Expected Premium
Paragon Fine And Speciality Chemicals Limited IPO Issue Details
- Issue Price ₹95-100 per equity share
- Face Value ₹10 Per Equity Share
- Issue Price 5,166,000 shares(aggregating up to ₹51.66 Cr)
- Listing at NSE SME
- List Price 225.0
- Listing Date 2023-11-03
- Lead Manager Hem Securities Limited
- Registrar Bigshare Services Pvt Ltd
Paragon Fine And Speciality Chemicals Limited IPO Details
- Retail Portion 35%
Paragon Fine And Speciality Chemicals Limited IPO Details
Paragon Fine And Speciality Chemicals Limited IPO is an SME IPO, priced at ₹95-100 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform.
The IPO bidding window is open from Oct 26, 2023 to Oct 30, 2023. The allotment is expected to be finalized on Oct 31, 2023, and the tentative listing date is Nov 3, 2023.
The registrar of the IPO is Bigshare Services Pvt Ltd, and
Paragon Fine And Speciality Chemicals Limited IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 981,600 / 735,600 | 1,717,200 | 3,434,400 |
Day 1 26-10-23 06:00 PM | 2.71 / 14.09 x | 16.78 x | 12.18 x |
Day 2 27-10-23 06:00 PM | 14.64 / 39.33 x | 48.36 x | 36.79 x |
Day 3 30-10-23 06:00 PM | 81.38 / 419.81 x | 185.28 x | 205.82 x |
Paragon Fine And Speciality Chemicals Limited Valuations
Paragon Fine And Speciality Chemicals Limited Company Financials
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
|---|---|---|---|
| Assets | 7,097.84 | 5,750.53 | 4,983.26 |
| Revenue | 10,501.19 | 8,457.92 | 8,436.94 |
| Profit After Tax | 989.21 | 449.02 | 439.77 |
About Paragon Fine And Speciality Chemicals Limited Company
company is involved in the business of custom synthesis and manufacturing of speciality chemical intermediates involving complex and differentiated chemistry. The company manufactures Pharma Intermediates, AGRO intermediates, Cosmetics Intermediates, Pigment Intermediates and Dye Intermediates for a diverse Indian and Global customer base.
The company's manufacturing unit is located in Viramgam District, Ahmedabad, Gujarat covering approximately 7000 square meters of area, equipped with high-end reactors to carry out research for developing new products.
The company's R&D team has successfully carried out the multi-step synthesis and developed multiple new molecules in the area of specialty intermediates and as a result, enhanced their product portfolio to around 140 products in Fiscal 2023. As of March 31, 2023, we have a team of 14 technocrats who are engaged in Research and development.
Paragon Fine And Speciality Chemicals Limited - Promoter(s)
Dr. Pravinchandra Jasmat Vasolia
Kishorkumar Panchabhai Patolia
Vallabh Ratanji Savaliya
Rutesh Vallabhbhai Savalia
Shivam Kishorbhai Patolia
Pre Issue Share Holding : %
Post Issue Share Holding : %
Paragon Fine And Speciality Chemicals Limited IPO - Issue Objectives
Funding capital expenditure towards civil construction work in the existing premises of the factory
Funding capital expenditure towards civil construction work in Plot No 10 A, Situated at Survey No. 1359, 1360 Village-Viramgam Taluka- Viramgam, District-Ahmedabad-382150, Gujarat.
Repayment in full or in part, of certain of our outstanding borrowings;
Funding Capital Expenditure towards the installation of additional plant and machinery for Expansion.
Funding to meet working capital requirements 6. General Corporate Purpose.
Paragon Fine And Speciality Chemicals Limited IPO - FAQs
Ans. Paragon Fine And Speciality Chemicals Limited IPO is a SME IPO. The issue is priced at ₹95-100 per equity share. The minimum order quantity is 1200 Shares. The IPO opens on Oct 26, 2023, and closes on Oct 30, 2023. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Paragon Fine And Speciality Chemicals Limited IPO opens on Oct 26, 2023 and closes on Oct 30, 2023.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Paragon Fine And Speciality Chemicals Limited IPO is 5,166,000 shares(aggregating up to ₹51.66 Cr).
Ans. The Paragon Fine And Speciality Chemicals Limited IPO price band is set between ₹95-100 per equity share.
Ans. To apply for Paragon Fine And Speciality Chemicals Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Paragon Fine And Speciality Chemicals Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Paragon Fine And Speciality Chemicals Limited IPO is Oct 31, 2023.
Ans. The Paragon Fine And Speciality Chemicals Limited IPO will be listed on Nov 3, 2023.
Ans. Follow the steps to check the Paragon Fine And Speciality Chemicals Limited IPO allotment status online.
