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Paragon Fine & Speciality Chemical Ltd.

Paragon Fine & Speciality Chemical Ltd.

NSE SME · SME IPO
Listed NSE SME SME Live Chart
Issue Price
₹100
₹100
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹100
Based on GMP
Min. Investment
₹120,000
1 lot × 1200 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
26 Oct 2023
Close Date
30 Oct 2023
Allotment
02 Nov 2023
Listing Date
03 Nov 2023
Exchange
NSE SME
Price Band
₹100
Listing Price
See chart
Allotment Status
Price Band
₹100
Per share
Face Value
₹10 per share
 
Lot Size
1,200 Shares
per lot
Issue Size
51,66,000 shares (aggregating up to ₹51.66 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹120,000
1 lot
Pre-IPO Holding
1,44,00,000 shares
Promoters
Post-IPO Holding
1,95,66,000 shares
Promoters
P/E (Pre)
14.56x
 
P/E (Post)
13.51x
 
EPS (Pre)
₹6.87
 
UPI Deadline
2023-10-30
Mandate
Anchor AllotmentWed, 25 Oct 2023
Basis of AllotmentThu, 02 Nov 2023
Refund InitiationFri, 03 Nov 2023
Demat CreditMon, 06 Nov 2023
Listing DayFri, 03 Nov 2023
UPI Mandate Deadline2023-10-30
Sale TypeFresh Capital
Net Offer to Public49,04,400 shares (aggregating up to ₹49.04 Cr)
Market Maker Quota2,61,600 shares (aggregating up to ₹2.62 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Paragon Fine & Speciality Chemical Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 30 Oct 2023.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
261,600
₹2.62
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
5,166,000
100% ₹51.66
IPO Shares Offered
Paragon Fine & Speciality Chemical Ltd. IPO total issue size: ₹51.66 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 261,600 ₹2.62
5.06%
Total 5,166,000 ₹51.66
100.00%
* Based on upper price band ₹100 per share
Lot Size & Investment
Lot Size
1,200
Shares per Lot
Issue Price
₹100.00
Upper Band
Min Investment
₹120,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)22,400₹240,000
Retail (Max — 13 Lots)1315,600₹1,560,000
S-HNI (Min — 14 Lots)1416,800₹1,680,000
B-HNI (Min — 68 Lots)6881,600₹8,160,000
* Issue Price ₹100 × Lot Size 1,200 shares
IPO Schedule
Anchor
25 Oct 2023
✓ Done
IPO Open
26 Oct 2023
✓ Done
IPO Close
30 Oct 2023
✓ Done
Allotment
02 Nov 2023
✓ Done
Refunds
03 Nov 2023
✓ Done
Demat Credit
06 Nov 2023
✓ Done
Listing Day
03 Nov 2023
✓ Done
Paragon Fine & Speciality Chemical Ltd. — Live Price LIVE
₹100.00
INR · NSE
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Issue ₹100.00 Live Price
About Paragon Fine & Speciality Chemical Ltd.
 Incorporated in 2004, the 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.The company's competitive strengths are as follows: Wide range of customizable productsFocus on R&D to leverage complex chemistry and technologyLong-term relationships with customers across different nationalities.In-house manufacturing unit with equipped technologies and processes.The Promoters and Senior Management of the company are highly experienced with substantial domain knowledge.
Objects of the Issue
1
Funding capital expenditure towards civil construction work in the existing premises of the factory
2
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.
3
. Repayment in full or in part, of certain of our outstanding borrowings;
4
Funding Capital Expenditure towards the installation of additional plant and machinery for Expansion.
5
Funding to meet working capital requirements 6. General Corporate Purpose.
Paragon Fine & Speciality Chemical Ltd. Financials (Amount in ₹ Lakhs)
Revenue from Operations
₹8,457.9
31 Mar 2022
₹10,501.2
31 Mar 2023
₹2,900.4
30 Jun 2023
Profit After Tax (PAT)
₹449.0
31 Mar 2022
₹989.2
31 Mar 2023
₹362.2
30 Jun 2023
Particulars30 Jun 202331 Mar 202331 Mar 2022
Revenue from Operations 2900.43 10501.19 8457.92
EBITDA N/A N/A N/A
Profit After Tax (PAT) 362.16 989.21 449.02
Net Worth 2595.67 2233.52 1244.31
Total Assets 7412.19 7097.84 5750.53
Reserves & Surplus 2235.67 1873.52 1234.31
Borrowings 2709.67 2521.03 2068.16
EBITDA Margin (%) N/A
PAT Margin (%) N/A
RoE
56.89%
RoCE
38.86%
RoNW
44.29
Issue Structure & Shareholding
Total Shares Offered51,66,000 (100.00%)
Net Offer to Public49,04,400 shares (aggregating up to ₹49.04 Cr)
Reserved for Market Maker2,61,600 shares (aggregating up to ₹2.62 Cr)
Pre-Issue Promoter Holding1,44,00,000 shares
Post-Issue Promoter Holding1,95,66,000 shares
P/BV RatioN/A
RoE56.89%
RoCE38.86%
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Hem Securities Ltd
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Paragon Fine & Speciality Chemical Ltd. IPO subscribed?

Paragon Fine & Speciality Chemical Ltd. IPO is subscribed 1.00 times by Oct 30, 2023. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Paragon Fine & Speciality Chemical Ltd. IPO retail subscription status?

The Paragon Fine & Speciality Chemical Ltd. IPO retail category is subscribed 1.00 times as of 30 Oct 2023. The retail portion is oversubscribed.

How to subscribe Paragon Fine & Speciality Chemical Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 26 Oct 2023 and closes 30 Oct 2023. Min investment: ₹120,000 (1 lot = 1,200 shares). UPI mandate: 2023-10-30.

How many times Paragon Fine & Speciality Chemical Ltd. IPO subscribed?

The Paragon Fine & Speciality Chemical Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Paragon Fine & Speciality Chemical Ltd. IPO allotment?

Check allotment on the registrar website (Bigshare Services Pvt.Ltd) at https://ipo.bigshareonline.com/IPO_Status.html. Enter your PAN, application number or DP/Client ID. Allotment date: 02 Nov 2023. Refunds: on 03 Nov 2023.

When Paragon Fine & Speciality Chemical Ltd. IPO will be listed?

The Paragon Fine & Speciality Chemical Ltd. IPO listing date is 03 Nov 2023, Friday. Listed on: NSE SME. Issue price: ₹100. Estimated listing: ₹100. GMP: NIL.

When Paragon Fine & Speciality Chemical Ltd. IPO close?

The Paragon Fine & Speciality Chemical Ltd. IPO closes on 30 Oct 2023, Monday. UPI mandate: 2023-10-30. Allotment: 02 Nov 2023. Listing: 03 Nov 2023.