Paragon Fine and Speciality Chemical Ltd

Chemicals

Offer Period :

26th to 10th Oct 2023

Established in 2004, the company specializes in custom synthesis and manufacturing of specialty chemical intermediates. With a manufacturing unit in Ahmedabad, Gujarat, and a robust R&D team, they offer a diverse portfolio of 140 products. Read more... Their strengths include a wide product range, R&D focus, strong customer relationships, in-house manufacturing, and experienced leadership.Read less

Paragon Fine and Speciality Chemical Ltd IPO Details

IPO Date 26th to 10th Oct 2023 Minimum Investment ₹120000 / 1 Lots
Listing Date 2023-11-03 Maximum Investment ₹120000 / 1 Lots
Face Value ₹10 per share Total Issue Size ₹51.66 Crores
Price ₹100 to ₹100 per share Fresh Issue ₹51.66 Crores
Lot Size 1 Lots (1200 Shares) Offer For Sale ₹ 0
Listing At NSE-SME Retail Discount ₹ 0
Employee Discount ₹ 0    
IPO Date 26th to 10th Oct 2023
Listing Date 2023-11-03
Face Value ₹10 per share
Price ₹100 to ₹100 per share
Lot Size 1 Lots (1200 Shares)
Listing At NSE-SME
Employee Discount ₹0 Crores
Minimum Investment ₹120000 / 1 Lots
Maximum Investment ₹120000 / 1 Lots
Total Issue Size ₹51.66 Crores
Fresh Issue ₹51.66 Crores
Offer For Sale
Retail Discount ₹ 0

Tentative Timeline

Important dates for allocation and IPO listing.

26th Oct

IPO Starts

30th Oct

IPO Ends

2nd Nov

Allotment Date

3rd Nov

Initiation of Refund

6th Nov

Credit of Shares to Demat Account

3rd Nov

IPO Listing Date

Shareholder Pattern

  Pre-Issue Post-Issue
Promoter Group 88 64.77
Public Group 12 35.23

Paragon Fine and Speciality Chemical Ltd IPO Reservation

QIB Shares Offered 980640(18.98%)
NII (HNI) Shares Offered 735600(14.24%)
Retail Shares Offered 1717200(33.24%)
Anchor Investor Shares Offered 1470960(28.47%)
Total Shares Offered 5166000
Total Shares With Anchor Investor 5166000

IPO Lot Size

ApplicationLotsSharesAmount
Retail (Min)---
Retail (Max)---
S-HNI (Min)---
S-HNI (Max)---

Paragon Fine and Speciality Chemical Ltd IPO Registrar

Bigshare Services Pvt Ltd
Phone Number +91 022 6263 8200
Email Id ipo@bigshareonline.com
Our Website www.bigshareonline.com

Paragon Fine and Speciality Chemical Ltd IPO Lead Manager

1. Hem Securities Ltd

Explore IPOs


Explore comprehensive IPO details for every IPO. Access essential information such as listing price, listing date, issue price, lot size, issue size, minimum investment, and IPO timeline. Gain insights into the company's background, strengths, and potential risks. Track the subscription status and delve into the financials of the company, empowering yourself with crucial data for informed investment decisions. Stay ahead in the dynamic IPO market by staying informed on upcoming, ongoing, and past IPOs. 
 

Stay ahead in the ever-evolving IPO landscape with our comprehensive platform. We offer a holistic resource, ensuring you not only access essential details but also gain valuable insights into market trends. Navigate confidently, armed with intricate analyses, expert opinions, and real-time updates. Whether you're a seasoned investor or a novice, our user-friendly interface and extensive information empower you to make well-informed decisions. Experience the convenience of having a dedicated space where you can delve into the intricacies of IPOs, enabling a strategic and calculated approach to the dynamic stock market. 

Paragon Fine and Speciality Chemical Ltd IPO Subscription LIVE Status

Category No. of shares offered No. of shares bid No. of subscribed

Strength of Paragon Fine and Speciality Chemical Ltd

1. Wide range of products with ability to customize.

2. Focus on R&D to leverage complex chemistry and technology.

3. Long standing relationships with diversified customers across geographies.

4. In-house manufacturing facility with equipped technologies and systems.

5. Experienced and Qualified Management and Employee base.

6. Focus on Quality, Environment, Health and Safety.

7. Strong and Consistent Financial Performance.

8. Experienced Promoters and Senior Management with extensive domain knowledge.

Risks Involved

1. The company operations are dependent on its R&D capabilities and an inability to continue to design complex chemistries may adversely affect the company business.

2. The company's business is dependent and will continue to dependa on its manufacturing facilities, and the company is subject to certain risks in the manufacturing process. Any slowdown or shutdown in the manufacturing operations or strikes, work stoppages or increased wage demands by the company employees that could interfere with its operations could have an adverse effect on the business, financial condition and results of operations.

3. The company is subject to certain risks consequent to its operations involving the manufacture, usage and storage of various hazardous substances.

4. The company derives a significant part of its revenue from major customers and the company do not have long term contracts with all of these customers. If one or more of such customers choose not to source their requirements from it or to terminate its long-term contracts, the company business, financial position and results of operations may be adversely affected.

5. The company reliance on certain industries for a significant portion of its sales could have an adverse effect on the business.

6. The company does not hold patents for any of its processes and the trademark application for the company logo is opposed. There might be insufficient protection for its intellectual property rights, potentially leading to significant negative impact on the business and results of operations.

7. The company derives a majority portion of its revenues from exports and are subject to risk of international trade.

8. Exchange rate fluctuations may adversely affect the company results of operations as its sales from exports and a portion of the company expenditures are denominated in foreign currencies.

9. The names of the company Promoter and Whole Time Director, Kishorkumar Panchabhai Patolia and its Non-Executive Director, Dr. Soumitra Sachipati Banerjee were appearing in the list of disqualified directors in the past.

10. The company is subject to strict quality requirements, regular inspections and audits, and the success and wide acceptability of its products is largely dependent upon the quality controls and standards. Any failure to comply with quality standards may adversely affect the company business prospects and financial performance, including cancellation of existing and future orders.

Why should you invest in

-

Financials

Particulars For the financial year ending (in ₹ million)
 
Total Assets
Total Liabilities
Total Expenses
Total Revenue 
Profit After Tax
EBITDA
Adjusted EBITDA

Paragon Fine and Speciality Chemical Ltd IPO Listing Details

Listing Date BSE Script Code NSE Symbol ISIN Final Issue Price
2023-11-03 91901 PARAGON
INE0N4G01012
₹100 per share

Listing Day Trading Information

Price Details BSE NSE
Final Issue Price ₹100 ₹100
Open ₹0 ₹225
Low ₹0 ₹213.75
High ₹0 ₹236
Low ₹0 ₹213.75

Frequently Asked Questions

What is Paragon Fine and Speciality Chemical Ltd IPO?

Answer Field

Paragon Fine and Speciality Chemical Ltd IPO is a SME IPO of 51,66,000 equity shares of a face value of ₹10 aggregating up to ₹51.66 Crores. The issue is priced at ₹100 to ₹100 per share. The minimum order quantity is 1200 Shares. The IPO opens on October 26, 2023, and closes on October 30, 2023. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE-SME.

When Paragon Fine and Speciality Chemical Ltd IPO will open?

Answer Field

The Paragon Fine and Speciality Chemical Ltd IPO opens on October 26, 2023 and closes on October 30, 2023.

What is the lot size of Paragon Fine and Speciality Chemical Ltd?

Answer Field

Paragon Fine and Speciality Chemical Ltd lot size is 1200 shares, and the minimum amount required is ₹1,20,000.

How to apply for Paragon Fine and Speciality Chemical Ltd IPO?

Answer Field

You can apply in Paragon Fine and Speciality Chemical Ltd IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. To apply for an IPO:

• Login to Bajaj Broking account App/Website & click on IPO

• Enter the number of lots and price at which you wish to apply.

• Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.

• You will receive a mandate notification to block funds in your UPI app.

• Approve the mandate request on your UPI and funds will be blocked.

When is Paragon Fine and Speciality Chemical Ltd IPO allotment?

Answer Field

The finalization of Basis of Allotment for Paragon Fine and Speciality Chemical Ltd IPO will be done on November 02, 2023, and the allotted shares will be credited to your demat account by November 06, 2023.

When is Paragon Fine and Speciality Chemical Ltd IPO listing date?

Answer Field

The Paragon Fine and Speciality Chemical Ltd listing date is November 03, 2023.

Who is the registrar of Paragon Fine and Speciality Chemical Ltd IPO?

Answer Field

The registrar of Paragon Fine and Speciality Chemical Ltd IPO is Bigshare Services Pvt Ltd

Which company is the book-running lead manager of the IPO?

Answer Field

Hem Securities Ltd will be the book-running lead manager of this IPO.

What is the fresh issue of Paragon Fine and Speciality Chemical Ltd IPO?

Answer Field

The fresh issue size is ₹51.66 Crores equity shares.

What minimum lot size can retail subscribers subscribe to Paragon Fine and Speciality Chemical Ltd?

Answer Field

Retail investors can subscribe to a minimum of one lot, 1200 shares and ₹1,20,000 amount.

How can I approve the UPI mandate request for Paragon Fine and Speciality Chemical Ltd IPO?

Answer Field

To apply for Paragon Fine and Speciality Chemical Ltd IPO, you need to log in to your demat account to complete the bidding process. Then, approve the payment mandate on your UPI app.

What is the price range of Paragon Fine and Speciality Chemical Ltd?

Answer Field

The price of each Paragon Fine and Speciality Chemical Ltd share will be ranging in between ₹100 to ₹100 per share.

What is the cut-off time for the UPI mandate for Paragon Fine and Speciality Chemical Ltd IPO?

Answer Field

The cut-off time for the UPI mandate confirmation is 5:00 PM, October 30, 2023.

No results found

Browse IPOs

upcoming-radio
  • IPO Name
  • Bidding Dates
  • Price range
  • IPO Size
  • Lorem Ipsum
current-radio
  • IPO Name
  • Bidding Dates
  • Price range
  • IPO Size
  • Lorem Ipsum
  • KATARIA INDUSTRIES LIMITEDSME IPO

  • Bidding Dates

    16th Jul 2024 - 7th Jul 2024

  • Price Range

    ₹91 - 96

  • IPO Size

    ₹54,58,00,000

  • Apply Now
  • MACOBS TECHNOLOGIES LIMITEDSME IPO

  • Bidding Dates

    16th Jul 2024 - 7th Jul 2024

  • Price Range

    ₹71 - 75

  • IPO Size

    ₹19,46,00,000

  • Apply Now
  • SANSTAR LIMITEDMainboard IPO

  • Bidding Dates

    19th Jul 2024 - 7th Jul 2024

  • Price Range

    ₹90 - 95

  • IPO Size

    ₹5,10,15,00,000

  • Apply Now
  • RNFI SERVICES LIMITEDSME IPO Early Access

  • Bidding Dates

    22nd Jul 2024 - 7th Jul 2024

  • Price Range

    ₹98 - 105

  • IPO Size

    ₹70,81,00,000

  • Apply Now
  • SAR TELEVENTURE LIMITEDSME IPO Early Access

  • Bidding Dates

    22nd Jul 2024 - 7th Jul 2024

  • Price Range

    ₹200 - 210

  • IPO Size

    ₹1,50,00,00,000

  • Apply Now
  • VLINFRAPROJECTS LIMITEDSME IPO Early Access

  • Bidding Dates

    23rd Jul 2024 - 7th Jul 2024

  • Price Range

    ₹39 - 42

  • IPO Size

    ₹18,52,00,000

  • Apply Now
closed-radio
  • IPO Name
  • Bidding Dates
  • Price range
  • IPO Size
  • Lorem Ipsum
performance-radio
  • IPO Name
  • ISSUE PRICE
  • LISTING DAY CLOSE
  • LISTING DAY(GAIN/LOSS)
  • Lorem Ipsum
  • EFFWA INFRA AND RESEARCH LIMITEDSME IPO

  • Issue Price

    82.00

  • Listing Day Close

    163.55

  • Listing Day (Gain/Loss)

    100.00

  • GANESH GREEN BHARAT LIMITEDSME IPO

  • Issue Price

    190.00

  • Listing Day Close

    379.05

  • Listing Day (Gain/Loss)

    99.47

  • AMBEY LABORATORIES LIMITEDSME IPO

  • Issue Price

    68.00

  • Listing Day Close

    89.25

  • Listing Day (Gain/Loss)

    30.88

  • BANSAL WIRE INDUSTRIES LIMITEDMainboard IPO

  • Issue Price

    256.00

  • Listing Day Close

    350.30

  • Listing Day (Gain/Loss)

    36.72

  • EMCURE PHARMACEUTICALS LIMITEDMainboard IPO

  • Issue Price

    1008.00

  • Listing Day Close

    1358.85

  • Listing Day (Gain/Loss)

    34.82

  • NEPHRO CARE INDIA LIMITEDSME IPO

  • Issue Price

    90.00

  • Listing Day Close

    179.55

  • Listing Day (Gain/Loss)

    100.00

  • DIENSTEN TECH LIMITEDSME IPO

  • Issue Price

    100.00

  • Listing Day Close

    252.00

  • Listing Day (Gain/Loss)

    152.00

  • VRAJ IRON AND STEEL LIMITEDMainboard IPO

  • Issue Price

    207.00

  • Listing Day Close

    251.95

  • Listing Day (Gain/Loss)

    21.74

  • AKIKO GLOBAL SERVICES LIMITEDSME IPO

  • Issue Price

    77.00

  • Listing Day Close

    93.35

  • Listing Day (Gain/Loss)

    20.78

  • PETRO CARBON AND CHEMICALS LIMITEDSME IPO

  • Issue Price

    171.00

  • Listing Day Close

    315.00

  • Listing Day (Gain/Loss)

    84.21

  • DIVINE POWER ENERGY LIMITEDSME IPO

  • Issue Price

    40.00

  • Listing Day Close

    152.30

  • Listing Day (Gain/Loss)

    280.00

  • VISAMAN GLOBAL SALES LIMITEDSME IPO

  • Issue Price

    43.00

  • Listing Day Close

    47.35

  • Listing Day (Gain/Loss)

    9.30

  • SHIVALIC POWER CONTROL LIMITEDSME IPO

  • Issue Price

    100.00

  • Listing Day Close

    326.55

  • Listing Day (Gain/Loss)

    227.00

  • MASON INFRATECH LIMITEDSME IPO

  • Issue Price

    64.00

  • Listing Day Close

    92.40

  • Listing Day (Gain/Loss)

    43.75

  • SYLVAN PLYBOARD INDIA LIMITEDSME IPO

  • Issue Price

    55.00

  • Listing Day Close

    69.30

  • Listing Day (Gain/Loss)

    25.45

  • MEDICAMEN ORGANICS LIMITEDSME IPO

  • Issue Price

    34.00

  • Listing Day Close

    144.70

  • Listing Day (Gain/Loss)

    326.47

  • STANLEY LIFESTYLES LIMITEDMainboard IPO

  • Issue Price

    369.00

  • Listing Day Close

    474.00

  • Listing Day (Gain/Loss)

    28.46

  • WINNY IMMIGRATION AND EDUCATION SERVICES LIMITEDSME IPO

  • Issue Price

    140.00

  • Listing Day Close

    252.00

  • Listing Day (Gain/Loss)

    80.00

  • AKME FINTRADE INDIA LIMITEDMainboard IPO

  • Issue Price

    120.00

  • Listing Day Close

    131.95

  • Listing Day (Gain/Loss)

    10.00

  • GEM ENVIRO MANAGEMENT LIMITEDSME IPO

  • Issue Price

    75.00

  • Listing Day Close

    149.62

  • Listing Day (Gain/Loss)

    100.00

We have something for everyone

Explore more Investment options

Stocks

Secure and enhance your financial future today

investment-card-icon

IPOs

Your gateway to future financial opportunities

investment-card-icon

MTF

Explore Buy Now Pay Later and boost your capital by up to 5x  

investment-card-icon

US Stocks

Discover opportunities to invest in elite FAANG stocks

investment-card-icon

Related Articles

Our Secure Trading Platforms

Level up your stock market experience: Download the Bajaj Broking App for effortless investing and trading

Bajaj Broking App Download

7.5 Lacs+ Users

icon-with-text

4.3+ App Rating

icon-with-text

4 Languages

icon-with-text

₹4300 Cr MTF Book

icon-with-text