Paragon Fine And Speciality Chemicals Limited
| Opening Date | Closing Date | Face Value | Issue Price | Lot Size | Listing At | Total Issue Size | Basis of Allotment | Initiation of Refunds | Credit of Shares to Demat | Listing Date |
|---|---|---|---|---|---|---|---|---|---|---|
| 25-10-2023 | 29-10-2023 | 10 | 100 | 1200 | NSE SME | 5,166,000 shares (aggregating up to ₹51.66 Cr) | 2023-11-01 18:30:00 | 2023-11-02 18:30:00 | 2023-11-05 18:30:00 | 06-11-2023 |
About The Company
Paragon Fine And Speciality Chemicals IPO is a book built issue of Rs 51.66 crores. The issue is entirely a fresh issue of 51.66 lakh shares.
Paragon Fine And Speciality Chemicals IPO opens for subscription on October 26, 2023 and closes on October 30, 2023. The allotment for the Paragon Fine And Speciality Chemicals IPO is expected to be finalized on Thursday, November 2, 2023. Paragon Fine And Speciality Chemicals IPO will list on NSE SME with tentative listing date fixed as Tuesday, November 7, 2023.
Paragon Fine And Speciality Chemicals IPO price band is set at ₹95 to ₹100 per share. The minimum lot size for an application is 1200 Shares. The minimum amount of investment required by retail investors is ₹120,000. The minimum lot size investment for HNI is 2 lots (2,400 shares) amounting to ₹240,000.
Hem Securities Limited is the book running lead manager of the Paragon Fine And Speciality Chemicals IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.
Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrow |
|---|---|---|---|---|---|---|
| 30-03-2023 | 7098 | 10501 | 989 | 2233.52 | 1873.52 | 2521.03 |
| 30-03-2022 | 5751 | 8458 | 449 | 1244.31 | 1234.31 | 2068.16 |
| 30-03-2021 | 4983 | 8437 | 440 | 795.29 | 785.29 | 2193 |
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1200 | 120000 |
| Retail (Max) | 1 | 1200 | 120000 |
| HNI (Min) | 2 | 2400 | 240000 |
IPO Listing Details
| Listing Date | 06-11-2023 |
| BSE Script Code | N/A |
| NSE Symbol | N/A |
| ISIN | N/A |
| Final Issue Price | 0 |
Promoter holdings
Dr. Pravinchandra Jasmat Vasolia, Kishorkumar Panchabhai Patolia, Vallabh Ratanji Savaliya, Rutesh Vallabhbhai Savalia and Shivam Kishorbhai Patolia.
Contact Information of the Company
Paragon Fine And Speciality Chemicals Limited
1001/1, Parshwa Tower, Near Pakvan Hotel
S.G. Highway, Bodakdev
Ahmedabad, 380054
Phone: +917935335483
Email: cs@paragonind.com
Website: https://www.paragonind.com/
IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
IPO Lead Manager
Hem Securities Limited