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Paragon Fine And Speciality Chemicals IPO is a book build IPO listing on NSE EMERGE exchange. The company is based in Ahmedabad and caters to Chemical - Speciality sector. Hem Securities is the merchant banker of Paragon Fine And Speciality Chemicals IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 31st August 2023.
Paragon Fine And Speciality Chemicals IPO open date is 26th October 2023 and close date is 30th October 2023. IPO Allotment Date is 2nd November 2023 and Listing date is 3rd November 2023.Paragon Fine And Speciality Chemicals IPO size is Rs 51.66 Cr. crores with IPO price of Rs 100.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Hem Securities Limited is the book-running lead manager of the Paragon Fine And Speciality Chemicals IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Hem Finlease Private Limited for Paragon Fine And Speciality Chemicals IPO.
Paragon Fine And Speciality Chemicals IPO anchor investors are the below investors. The number of anchor investors in this IPO is 11.
| Anchor Investor Name | No. of shares Allotted | Offer Price (in Rs.) | Amount Invested (in Rs.) |
|---|---|---|---|
| Nova Global Opportunities | 148,800.00 | ₹100.00 | ₹14,880,000.00 |
| Nav Capital Vcc | 100,800.00 | ₹100.00 | ₹10,080,000.00 |
| Meru Investment Fund | 150,000.00 | ₹100.00 | ₹15,000,000.00 |
| Chhattisgarh Investments Limited | 100,800.00 | ₹100.00 | ₹10,080,000.00 |
| LC Radiance Fund | 100,800.00 | ₹100.00 | ₹10,080,000.00 |
| Next Orbit Ventures | 100,800.00 | ₹100.00 | ₹10,080,000.00 |
| FINAVENUE GROWTH FUND | 100,800.00 | ₹100.00 | ₹10,080,000.00 |
| Morgan Stanley Asia | 100,800.00 | ₹100.00 | ₹10,080,000.00 |
| VPK Global Ventures | 198,000.00 | ₹100.00 | ₹19,800,000.00 |
| Maiq Growth Scheme-Long | 100,800.00 | ₹100.00 | ₹10,080,000.00 |
| Subhkam Ventures (I) | 267,600.00 | ₹100.00 | ₹26,760,000.00 |
Paragon Fine And Speciality Chemicals IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Paragon Fine And Speciality Chemicals IPO, based in Ahmedabad, operates in the Chemical - Speciality sector with a focus on custom synthesis and manufacturing of speciality chemical. The company is launching its SME IPO on the NSE EMERGE exchange, using the Book Building Issue method. Paragon Fine And Speciality Chemicals IPO size is ₹ 51.66 Cr. Crores with fresh issue size of Rs 51.66 Cr. Crores and Offer for sale being Nil.
The IPO allotment date for Paragon Fine And Speciality Chemicals IPO is expected to be 2nd November 2023, after the finalization of basis of allotment. Investors can check Paragon Fine And Speciality Chemicals IPO allotment status on the registrars website, Bigshare Services Private Limited. Paragon Fine And Speciality Chemicals IPO refund dates are 3rd November 2023.
Paragon Fine And Speciality Chemicals IPO is expected to be listed on 3rd November 2023.
The upper price band for the Paragon Fine And Speciality Chemicals IPO is set at ₹ 100.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Paragon Fine And Speciality Chemicals IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Paragon Fine And Speciality Chemicals IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 30th October 2023. After submission, funds are blocked until the basis of allotment of Paragon Fine And Speciality Chemicals IPO is finalised.
The merchant banker for Paragon Fine And Speciality Chemicals IPO is Hem Securities Limited . Hem Securities Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Paragon Fine And Speciality Chemicals IPO RHP for further details.
The registrar for Paragon Fine And Speciality Chemicals IPO is Bigshare Services Private Limited. Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Paragon Fine And Speciality Chemicals IPO through their official website or helpline.
Paragon Fine And Speciality Chemicals IPO was subscribed 205.74 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 51.66 Cr.
Avg IPO Size (Sector Based)
:
₹ 23.03 Cr.
Sector: Chemical - Speciality
SME IPO so far:
7
Merchant Banker:
Hem Securities
SME IPO by BRLM so far:
47
City:
Ahmedabad
SME IPO so far:
174
Revenue (annualised):
₹ 115.16 cr.
PE
Ratio:
13.51x
Average Sector PE Ratio: 15.57x
Paragon Fine And Speciality Chemicals IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Paragon Fine And Speciality Chemicals Financial Review Page
Merchant Banker(s) of Paragon Fine And Speciality Chemicals IPO: Hem Securities Limited
Paragon Fine And Speciality Chemicals IPO subscription was 205.74 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Paragon Fine And Speciality Chemicals IPO listed at a listing price of 213.75 against the offer price of 100.00.
The current market price of Paragon Fine And Speciality Chemicals is 69.65.
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