Paragon Fine and Speciality Chemical, founded in 2018, specializes in the custom synthesis and manufacture of specialty chemical intermediates involving complicated and specialized chemistry.
It began as a partnership enterprise in 2004 and has since evolved into the custom synthesis and manufacturing of pharmaceutical intermediates, AGRO intermediates, cosmetic intermediates, pigment intermediates, dye intermediates, and other chemicals. Its extensive product portfolio finds uses in a variety of industries, including pharmaceuticals, agrochemicals, cosmetics, pigments, and dyes. The company increased its commercialised product portfolio from approximately 100 products in fiscal year 2021 to approximately 140 products in
fiscal year 2023. As of March 31, 2023, the company employed 14 technocrats and exported to nations such as the United States, Israel, Spain, the United Kingdom, China, Switzerland, Taiwan, Thailand, Mexico, Japan, Russia, France, Indonesia, Latvia, Germany, and others
Paragon Fine IPO Details
| Paragon Fine IPO Dates | 26 – 30 October 2023 |
| Paragon Fine Issue Price | INR 95 – 100 per share |
| Fresh issue | 51,66,000 shares (INR 49.08 – 51.66 crore) |
| Offer For Sale | NIL |
| Total IPO size | 51,66,000 shares (INR 49.08 – 51.66 crore) |
| Minimum bid (lot size) | 1,200 Shares (INR 120,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | NSE SME |
Paragon Fine Financial Performance
| FY 2021 | FY 2022 | FY 2023 | Q1 FY 2024 | |
|---|---|---|---|---|
| Revenue | 83.26 | 82.83 | 102.27 | 28.79 |
| Expenses | 78.34 | 78.41 | 91.45 | 24.14 |
| Net income | 4.40 | 4.49 | 9.89 | 3.62 |
Paragon Fine Valuations & Margins
| FY 2021 | FY 2022 | FY 2023 | |
|---|---|---|---|
| EPS | 3.05 | 3.12 | 6.87 |
| PE ratio | – | – | 13.83 – 14.56 |
| RONW (%) | 55.30 | 36.09 | 44.29 |
| NAV | 5.52 | 8.64 | 15.51 |
| ROCE (%) | 33.44 | 24.90 | 38.86 |
| EBITDA (%) | 7.40 | 6.77 | 12.49 |
| Debt/Equity | 2.76 | 1.66 | 1.13 |
Paragon Fine IPO Subscription – Live Updates
- Coming soon
Paragon Fine IPO Dates & Listing Performance
| IPO Opening Date | 26 October 2023 |
| IPO Closing Date | 30 October 2023 |
| Finalization of Basis of Allotment | 2 November 2023 |
| Initiation of refunds | 3 November 2023 |
| Transfer of shares to demat accounts | 6 November 2023 |
| IPO Listing Date | 7 November 2023 |
| Opening Price on NSE SME | Coming sonn |
| Closing Price on NSE SME | Coming soon |
Paragon Fine Offer Lead Manager
HEM SECURITIES LIMITED
904, A Wing, Naman Midtown, Senapati Bapat Marg,
Elphinstone Road, Lower Parel, Mumbai-400013
Phone: +91- 022- 49060000
Email: ib@hemsecurities.com
Website: https://www.hemsecurities.com
Paragon Fine Offer Registrar
BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali,
Caves Road, Andheri East, Mumbai – 400 093
Phone: +91 22 6263 8200
Email: ipo@bigshareonline.com
Website: https://www.bigshareonline.com
Paragon Fine Contact Details
PARAGON FINE AND SPECIALITY CHEMICAL LIMITED
1001/1, Parshwa Tower, Near Pakvan Hotel,
S.G. Highway, Bodakdev, Ahmedabad, Gujarat-380054
Phone: +917935335483
E-mail: info1@paragonind.com
Website: https://www.paragonind.com
Paragon Fine Offer News
- Paragon Fine RHP
- Paragon Fine Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Paragon Fine IPO FAQs:
Q1. What is Paragon Fine offer size?
Ans. Paragon Fine offer size is INR 49.08 – 51.66 crores.
Q2. What is the Paragon Fine offer price band?
Ans. Paragon Fine public offer price is INR 95 – 100 per share.
Q3. What is the lot size of Paragon Fine public offer?
Ans. Paragon Fine offer lot size is 1,200 shares.
Q4. What is Paragon Fine IPO GMP today?
Ans. Paragon Fine IPO GMP today is INR 20 per share.
Q5. What is Paragon Fine kostak rate today?
Ans. Paragon Fine kostak rate today is INR NA per application.
Q6. What is Paragon Fine Subject to Sauda rate today?
Ans. Paragon Fine Subject to Sauda rate today is INR 18,000 per application.
