Paragon Fine And Speciality Chemicals Limited IPO
Paragon Fine And Speciality Chemicals Limited is an NSE SME IPO listed on the NSE SME platform, priced at ₹95–₹100 per share. The stock debuted at ₹225, delivering a listing gain of 125.0%. The IPO had a lot size of ₹1200 shares and a minimum investment of ₹1,20,000.
Paragon Fine And Speciality Chemicals Limited IPO
- IPO Dates
- Oct 26, 2023 – Oct 30, 2023
- Price band
- ₹95-100 per equity share
- Minimum Investment
- ₹1,20,000
- Issue size
- 5,166,000 shares(aggregating up to ₹51.66 Cr)
- Lot size
- 1200
- Allotment Date
- Oct 31, 2023
- Listing
- Nov 3, 2023
- Listing At
- NSE SME
IPO timeline
-
Oct 26, 2023
Open Date
Completed
-
Oct 30, 2023
Close Date
Completed
-
Oct 31, 2023
Allotment Date
Completed
-
Nov 3, 2023
Listing Date
Completed
Paragon Fine And Speciality Chemicals Limited IPO Essentials
Paragon Fine And Speciality Chemicals Limited IPO Details
Paragon Fine And Speciality Chemicals Limited IPO is priced at ₹95-100 per share with a total issue size of 5,166,000 shares(aggregating up to ₹51.66 Cr). The IPO has a lot size of 1200 shares and is listed on NSE SME.
- Issue price
- ₹95-100 per equity share
- Lot size
- 1200 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 5,166,000 shares(aggregating up to ₹51.66 Cr)
- Listing at
- NSE SME
- List price
- 225.0
- Listing date
- Registrar
- Bigshare Services Pvt Ltd
- Lead manager
-
Hem Securities Limited
Paragon Fine And Speciality Chemicals Limited IPO Analytics
Paragon Fine And Speciality Chemicals Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Paragon Fine And Speciality Chemicals Limited IPO Subscription Status
Paragon Fine And Speciality Chemicals Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| 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
Earnings
- EPS (Post IPO)
- ₹6.87/-
- P/E Ratio
- 14.56
Returns
- RoNW
- 44.29%
Paragon Fine And Speciality Chemicals Limited Financials( In Lakhs)
| 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 |
Paragon Fine And Speciality Chemicals Limited Company & Offer Insights
About Paragon Fine And Speciality Chemicals Limited
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 are the company's promoters of Paragon Fine And Speciality Chemicals Limited.
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.
Contact Information
Frequently Asked Questions
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Paragon Fine And Speciality Chemicals Limited IPO is a book-built IPO worth ₹5,166,000 shares(aggregating up to ₹51.66 Cr). The price band is ₹95–₹100 per share. The IPO opens on Oct 26, 2023 and closes on Oct 30, 2023. It will be listed on NSE SME Platform. Bigshare Services Pvt Ltd is the registrar.
The price band of Paragon Fine And Speciality Chemicals Limited IPO is ₹95 to ₹100 per share.
The lot size of Paragon Fine And Speciality Chemicals Limited IPO is 1200 shares.
The minimum investment for Paragon Fine And Speciality Chemicals Limited IPO is approximately ₹1,20,000 based on the upper price band .
Paragon Fine And Speciality Chemicals Limited IPO opens on Oct 26, 2023 and closes on Oct 30, 2023.
The allotment date of Paragon Fine And Speciality Chemicals Limited IPO is Oct 31, 2023.
Paragon Fine And Speciality Chemicals Limited IPO is expected to be listed on Nov 3, 2023, on NSE SME Platform.
Paragon Fine And Speciality Chemicals Limited IPO valuation snapshot: P/E 14.56, EPS ₹6.87/-, P/B N/A, RoNW 44.29%, and market cap N/A.
To apply for Paragon Fine And Speciality Chemicals Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Paragon Fine And Speciality Chemicals Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Paragon Fine And Speciality Chemicals Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Paragon Fine And Speciality Chemicals Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Paragon Fine And Speciality Chemicals Limited IPO allotment status on IPO Ji for quick and easy access.