Paragon Fine And Speciality Chemicals IPO will be Open on 26 October 2023 and Closed 30 October 2023. The company has fixed the price of this IPO at ₹95 – ₹100 according to the face value of ₹10. The company will raise ₹51.66 Crores through this IPO under the 5,166,000 Equity Shares public issue, and the offer is 100% Book Built Issue. The company reserve quota in this IPO 50% for QIB, 15% for NII and 35% Retail Investor. You can check Paragon Fine And Speciality Chemicals IPO GMP here.
Paragon Fine And Speciality Chemicals limited engaged in the business of custom synthesis and manufacturing of specialty chemical intermediates involving complex and differentiated chemistry. The company evolved into custom synthesis and manufacturing of Pharma Intermediates, AGRO intermediates, Cosmetics Intermediates, Pigment Intermediates and Dye Intermediates, etc. for a diverse base of Indian and global customers.
The company work with an approach towards chemistry combined with technology and systems that would lead to sustained product development. The company diverse range of products finds applications across various industries, including pharma, agrochemicals, cosmetics, pigments and dyes.
The company manufacturing facility situated at Viramgam District, Ahmedabad, Gujarat is spread across approximately 7000 square meters and is equipped with reactors enabling us to manufacture a diverse range of products. The company also have a pilot plant with two glass line assembly and three reactors installed, for batch reaction technology. You can check Paragon Fine IPO subscription status here.
The company use various chemistry compositions like: Acetylation, Amination, Catalytic hydrogenation, Chlorosulfonation, Methoxylation, Nitration, Amidation, Ethoxylation, Sulphonation etc which enables us to cater to niche and advanced intermediate requirements of a wider range of end-products and applications. You can check Paragon Fine IPO Allotment status here.
Objects Of The Issue :
- Funding capital expenditure towards civil construction work in the existing premises of factory.
- Repayment in full or in part, of certain of our outstanding borrowings.
- Funding Capital Expenditure towards installation of additional plant and machinery for Expansion.
- Funding to meet working capital requirements
- General Corporate Purpose.
Company Strengths :
- Wide range of products with ability to customize.
- Focus on R&D to leverage complex chemistry and technology
- Long standing relationships with diversified customers across geographies
- In-house manufacturing facility with equipped technologies and systems
- Focus on Quality, Environment, Health and Safety.
- Strong and Consistent Financial Performance
- Experienced Promoters and Senior Management with extensive domain knowledge
| Read also: Upcoming IPO List 2023 |
Paragon Fine And Speciality Chemicals IPO Review :
| Details | Valuation |
| PAT 2023 : Issue Price : EPS 2023 : PE Ratio : ROE : RoNW : ROCE : Debt/Equity : NAV Value : Total Assets : Market Cap : Pre Holding : Post Holding : | ₹9.89 Cr ₹100 EQ 6.87 14.55x 56.89 % 44.29 % 38.86 % N/A ₹15.41 ₹74.12 Cr ₹195.66 Cr 100.00 % 73.60 % |
| Team Review : | ✔ Apply For Listing Gain & Long Term |
Paragon Fine And Speciality Chemicals IPO GMP Live:
Paragon Fine And Speciality Chemicals IPO GMP Or Grey Market Premium available here. The SME IPO GMP Premium updated Day By Day IPOs Running Period and the GMP Rates are Fluctuate and stable some times later. (GMP rates are Not 100% Guaranteed)
| Date | GMP | Subject Rate |
| Today | Check Day Wise GMP | ₹- |
Paragon Fine And Speciality Chemicals IPO Date & Price Band & Details :
| Issue Offer : | Book Built Issue |
| IPO Open : | 26 October 2023 |
| IPO Close : | 30 October 2023 |
| Face Value : | ₹10 Equity Share |
| Price Band : | ₹95 – ₹100 Per Share |
| Listing On : | NSE, SME |
| Issue Size : | ₹51.66. Cr {5,166,000 Shares} |
| Fresh Issue : | ₹51.66. Cr {5,166,000 Shares} |
Paragon Fine And Speciality Chemicals IPO Market Lot :
Paragon Fine And Speciality Chemicals IPO Minimum Market lot is 1 Lot with 1200 shares with ₹120,000 Application amount. The retail investors can apply up to 1 lots with 1200 Shares or ₹240,000 amounts.
| Category | Lot | Share | Amount |
| Retail (Min) : | 1 | 1200 | ₹120,000 |
| Retail (Max) : | 1 | 1200 | ₹120,000 |
| S-HNI (Min) : | 2 | 2400 | ₹240,000 |
Paragon Fine And Speciality Chemicals IPO Net Reservation :
Paragon Fine And Speciality Chemicals IPO Net Reservation of 5,166,000 shares are to be bid for the public issue by Paragon Fine And Speciality Chemicals IPO with 981,600 for QIB and 735,600 for NII 1,717,200 for RII.
| Category | Reservation | Shares | Amount |
| Anchors : | 28.46% | 1,470,000 | ₹14.70 Cr |
| QIB : | 19.00% | 981,600 | ₹9.82 Cr |
| NII : | 14.24% | 735,600 | ₹7.36 Cr |
| RII : | 33.24% | 1,717,200 | ₹17.17 Cr |
| MMRP : | 5.06% | 261,600 | ₹2.62 Cr |
| Total : | 100% | 5,166,000 | ₹51.66 Cr |
Paragon Fine And Speciality Chemicals IPO EPS & RoNW :
The Paragon Fine And Speciality Chemicals company’s EPS & RoNW growth is an Increasing last financial year, which is shown to you in the table here.
| Year | EPS (Rs.) | RoNW % | NAV |
| 2023 | ₹6.87 | 44.29% | ₹15.41 |
| 2022 | ₹3.12 | 36.09% | ₹8.64 |
| 2021 | ₹3.05 | 55.30% | ₹5.52 |
Paragon Fine And Speciality Chemicals IPO Peer Comparison PE :
The Paragon Fine And Speciality Chemicals, According to RHP of the company few company is listed whose PE Multiple is shown in this table.
| Sr. No. | Company | PE Ratio |
| 1. | Ather Industries Limited | 100.04 |
| 2. | Anupam Rasayan India Limited | 48.41 |
| 3. | Bodal Chemicals Limited | 24.16 |
| 4. | Deepak Nitrite Limited | 31.94 |
Paragon Fine And Speciality Chemicals IPO Dates :
Paragon Fine & Specialty Chemicals IPO opening date is 26th October 2023, and will close on 30th October 2023. The allotment will be finalized on 01 November 2023, and the IPO may list on 06 November 2023.
| Issue Open Date : | 26 October 2023 |
| Issue Close Date : | 30 October 2023 |
| Allotment Date : | 02 November 2023 |
| Refund Date : | 03 November 2023 |
| Share Credit Date : | 06 November 2023 |
| Listing Date : | 07 November 2023 |
Paragon Fine And Speciality Chemicals IPO Form :
There are two ways to apply in Paragon Fine And Speciality Chemicals IPO. You can apply for Paragon Fine And Speciality Chemicals IPO through ASBA available in your bank account. You have to go to your online bank login and select Paragon Fine And Speciality Chemicals IPO in the Invest section and apply through your bank account. Another option is you can apply Paragon Fine And Speciality Chemicals IPO through IPO form download through NSE and BSE. See the Paragon Fine And Speciality Chemicals IPO Form – Download the NSE Form and BSE Form IPO Form, fill it, and submit it to your bank or your broker.
Paragon Fine And Speciality Chemicals Company Financial Report (lakh) :
| Year | Revenue | Expense | PAT |
| 2023 | ₹10,501.19 | ₹9,144.67 | ₹989.21 |
| 2022 | ₹8,457.92 | ₹7,840.85 | ₹449.02 |
| 2021 | ₹8,436.94 | ₹7,834.34 | ₹439.77 |
Company Promoters :
■ Dr. Pravinchandra Jasmat Vasolia
Quick Link :
■ DRHP Draft Prospectus
■ RHP Draft Prospectus
■ Anchor Investor
Paragon Fine And Speciality Chemicals IPO Lead Managers :
■ Hem Securities Limited
Paragon Fine And Speciality Chemicals IPO Registrar :
Bigshare Services Private Limited
S6-2, 6th Floor, Pinnacle Business Park,
Mahakali Caves Road, Next to Ahura Centre,
Andheri East, Mumbai – 400 093, Maharashtra, India
Telephone. Number: +91 22 6263 8200
Email: [email protected]
Website: www.bigshareonline.com
Note: Check Paragon Fine And Speciality Chemicals IPO allotment status Visit IPOBAZAR Allotment Page And Search Your Registrar IPO Allotment Link. Click Here
Company Address :
Paragon Fine And Speciality Chemicals Limited
1001/1, Parshwa Tower, Near Pakvan Hotel
S.G. Highway, Bodakdev
Ahmedabad, 380054
Phone: +917935335483
Email: [email protected]
Website: https://www.paragonind.com/
Paragon Fine And Speciality Chemicals IPO FAQs :
What is Paragon Fine And Speciality Chemicals IPO?
Paragon Fine And Speciality Chemicals IPO is SME IPO. They are going to raise ₹51.66. Crores via IPO. The issue is priced at ₹95 – ₹100 per equity share. The IPO to be listed on NSE, SME.
When Paragon Fine And Speciality Chemicals IPO will open?
The IPO is to open on 26 Oct – 30 Oct for QIB, NII & RII.
How much is Paragon Fine And Speciality Chemicals IPO Size?
Paragon Fine And Speciality Chemicals IPO size is ₹51.66 Crores.
How much is the Fresh issue size of Paragon Fine And Speciality Chemicals IPO?
The Fresh issue size of Paragon Fine And Speciality Chemicals IPO ₹51.66 Cr.
What is Paragon Fine And Speciality Chemicals IPO Price Band?
Paragon Fine And Speciality Chemicals IPO Price Band is ₹95 – ₹100 Per share.
What is the Paragon Fine And Speciality Chemicals IPO Minimum and Maximum Lot Size?
The minimum bid is 1200 Shares with ₹120,000 amount while the maximum bid is 1200 shares with ₹120,000.
How much is Paragon Fine And Speciality Chemicals IPO Investors Portion?
The investors’ portion for QIB 50%, NII 15%, RII 35%.
When is Paragon Fine And Speciality Chemicals IPO Allotment Date?
Paragon Fine And Speciality Chemicals IPO allotment date is 02 November 2023.
When is Paragon Fine And Speciality Chemicals IPO Listing Date?
Paragon fine IPO listing date is 07 November 2023. The IPO to list on NSE, SME.
How to Apply the Paragon Fine And Speciality Chemicals IPO through Zerodha?
Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Paragon Fine And Speciality Chemicals IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Paragon Fine And Speciality Chemicals IPO through Upstox?
Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Paragon Fine And Speciality Chemicals IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Paragon Fine And Speciality Chemicals IPO through Groww?
Log in to Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Paragon Fine And Speciality Chemicals IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Paragon Fine And Speciality Chemicals IPO through Paytm Money?
Log in to the Paytm Money Website or app. Now you can see Invest is IPOs Section and Click on IPO. You will see the IPO Name “Paragon Fine And Speciality Chemicals IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
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