Paragon Fine And Speciality Chemicals Limited IPO

NSE SME

Listed On: Nov 3, 2023 at ₹ 225.0

Exp. Premium: 95-105 (95%)

₹ 120000 /1200 Shares

*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.

Paragon Fine And Speciality Chemicals Limited IPO Details

26 Oct, 2023

Open Date

30 Oct, 2023

Close Date

31 Oct, 2023

Allotment Date

03 Nov, 2023

Listing Date

Issue Price

₹95-100 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Bigshare Services Pvt Ltd

List Price

225.0

Listing Date

2023-11-03

Market Lot

1200 Shares (₹120,000/-)

Lead Manager

Hem Securities Limited

Issue Size

5,166,000 shares(aggregating up to ₹51.66 Cr)

Retail Portion

35%

Subscription

205.82 times

IPO Docs

DRHP RHP

Paragon Fine And Speciality Chemicals Limited IPO Subscription 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

Earnings Per Share (EPS)

₹6.87/-

P/E Ratio

14.56

RoNW

44.29%

Net Asset Value (NAV) - Post Issue

₹N/A/-

Paragon Fine And Speciality Chemicals Limited Company Financials All values are in ₹ Lakh

	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 The 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)

Pre Issue Share Holding: %

Post Issue Share Holding: %

Company Promoter(s)

Dr. Pravinchandra Jasmat Vasolia
Kishorkumar Panchabhai Patolia
Vallabh Ratanji Savaliya
Rutesh Vallabhbhai Savalia
Shivam Kishorbhai Patolia

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. The size of Paragon Fine And Speciality Chemicals Limited IPO is 5,166,000 shares(aggregating up to ₹51.66 Cr).

Ans. The IPO price band is set between ₹95-100 per equity share.

Ans. To apply for Paragon Fine And Speciality Chemicals Limited IPO 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 allotment status for Paragon Fine And Speciality Chemicals Limited IPO here.