Paragon Fine And Speciality Chemicals IPO: The book-built IPO of Paragon Fine and Speciality Chemicals is valued at Rs 51.66 crores. The 51.66 lakh shares are being issued fully anew. The IPO pricing range for Paragon Fine and Speciality Chemicals is ₹95 to ₹100 per share. An application must have a minimum lot size of 1200 shares. Retail investors are required to invest a minimum of ₹120,000. HNI requires a minimum investment of two lots (2,400 shares), or ₹240,000.
The subscription period for the Paragon Fine and Speciality Chemicals IPO begins on October 26, 2023, and ends on October 30, 2023. On Thursday, November 2, 2023, the allocation for the Paragon Fine and Speciality Chemicals IPO is anticipated to be completed. The tentative listing date for Paragon Fine and Speciality Chemicals IPO is Tuesday, November 7, 2023, and it will take place on NSE SME.
The registrar for the Paragon Fine and Speciality Chemicals IPO is Bigshare Services Pvt Ltd, while the book running lead manager is Hem Securities Limited.
Paragon Fine And Speciality Chemicals IPO Overview
| Paragon Fine And Speciality Chemicals Limited Company Overview | |
|---|---|
| Company Name | Paragon Fine And Speciality Chemicals Limited |
| IPO Opening Date | 26 October, 2023 |
| IPO Closing Date | 30 October, 2023 |
| Face Value | 10₹ Per Share |
| Share Price Range | 95₹ – 100₹ Per Share |
| Lot Size | 1200 Shares Per Lot |
| GMP | Check Here |
| Issue Type | Book Built Issue |
| Total IPO Issue Size | 5,166,000 Shares |
| Fresh Issue Size | 5,166,000 Shares |
| IPO Listing At | NSE SME |
| Share Holding Pre Issue | 14,400,000 |
| Market Maker Portion | 261,600 |
| More IPO’s | Check Here |
Paragon Fine And Speciality Chemicals IPO Lot Size
Investors may make a minimum offer of 1200 shares and an amount greater than that. The minimum and highest investments made by retail investors and HNI in terms of shares and money are shown in the table below.
| Paragon Fine And Speciality Chemicals Limited IPO Lot Size | |
|---|---|
| Minimum Retail Applications | 01 Lot |
| Maximum Retail Applications | 01 Lot |
| Minimum HNI Applications | 02 Lots |
| Total Shares In Single Lot | 1200 Shares |
| Amount For Single Lot | ₹120,000 |
Paragon Fine And Speciality Chemicals IPO Time Table (Tentative)
The IPO for Paragon Fine And Speciality Chemicals starts on October , 2023, and ends on October , 2023.
| Paragon Fine And Speciality Chemicals Limited IPO Time Table Complete Details | |
|---|---|
| IPO Initiation Date | 26 October, 2023 |
| IPO Ending Date | 30 October, 2023 |
| Basis Of Allotment | 02 November, 2023 |
| Initiation Of Refund | 03 November, 2023 |
| Shares Credit To Demat Account | 06 November, 2023 |
| Date Of Listing | 07 November, 2023 |
| Cut Off Time For UPI Mandate Confirmation | 05:00 PM, 30 October, 2023 |
Paragon Fine And Speciality Chemicals IPO Reservation Details
| Paragon Fine And Speciality Chemicals Limited IPO Reservation Overview | |
|---|---|
| Shares Offered To Retailers | Not Less Than 35% Of Net Offer |
| Shares Offered To HNI | Not Less Than 15% Of Net Offer |
| Shares Offered To QIB | Not More Than 50% Of Total Net Offer |
Paragon Fine And Speciality Chemicals Company Financials
| Paragon Fine And Speciality Chemicals Limited Company Financials Information | |
|---|---|
| This Data Is Of | 31 March, 2023 |
| Total Revenue | 10,501.19 |
| Assets | 7,097.84 |
| Profit After Tax | 989.21 |
| Net Worth | 2,233.52 |
| Reserves And Surplus | 1,873.52 |
| Debt | 2,521.03 |
| All Amount In ₹Lakh | |
Paragon Fine And Speciality Chemicals Promoters Holding
| Share Holding Pre Issue | 100% |
| Share Holding Post Issue | – |
Paragon Fine And Speciality Chemicals Key Performance Indicators
| Paragon Fine And Speciality Chemicals Limited Key Performance Indicators | |
|---|---|
| KPI | Values |
| P/E (X) | 14.56 |
| EPS | 6.87 |
| ROE | 56.89% |
| ROCE | 38.86% |
| RoNW | 44.29% |
Is Paragon Fine And Speciality Chemicals IPO Contact Details.
| Paragon Fine And Speciality Chemicals Limited Contact Details | |
|---|---|
| Company Address | 1001/1, Parshwa Tower, Near Pakvan Hotel S.G. Highway, Bodakdev Ahmedabad |
| Phone | +917935335483 |
| cs@paragonind.com | |
| Website | https://www.paragonind.com/ |
Is Paragon Fine And Speciality Chemicals IPO Good Or Bad To Buy?
The company, which was incorporated in 2004, is in the business of producing specialty chemical intermediates through custom synthesis that involves complicated and distinct chemistry. For a wide range of Indian and international clients, the company produces Pharma Intermediates, AGRO Intermediates, Cosmetics Intermediates, Pigment Intermediates, and Dye Intermediates.
The company’s manufacturing facility, which occupies about 7000 square meters and is outfitted with top-of-the-line reactors for conducting research in order to produce new goods, is situated in the Viramgam District of Ahmedabad, Gujarat.
With the successful completion of the multi-step synthesis and the development of several novel compounds in the field of specialty intermediates, the company’s R&D team has expanded its product range to over 140 items in Fiscal 2023. We will have 14 technocrats working on research and development as of March 31, 2023.
What Is The Objective Of Paragon Fine And Speciality Chemicals IPO Issue?
The main objective’s of Paragon Fine And Speciality Chemicals IPO issue are :-
- Financing capital projects for civil construction inside the factory’s current footprint.
- Partial or complete repayment of certain of our outstanding debts.
- Financing capital expenditures for the installation of more equipment and plants in order to expand.
- Financing to satisfy the needs for working capital 6. The corporate purpose in general.
How To Apply For Paragon Fine And Speciality Chemicals IPO?
The Paragon Fine And Speciality Chemicals IPO application form and payment can both be completed online. You can access the ASBA IPO application by using your bank account’s net banking capability. UPI IPO applications are provided by brokers who do not offer banking services. More information about utilizing Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank, and SBI Bank to apply online for an IPO can be found on this page.
When Is Paragon Fine And Speciality Chemicals IPO Allotment?
Allotment date for Paragon Fine And Speciality Chemicals IPO is November 02, 2023.