Paragon Fine And Speciality Chemicals Limited
Book Built Issue IPO · NSE
- Price band
- ₹95 - ₹100
- Lot size
- 1,200 shares
- Issue amount
- ₹51.66 cr
- Total subscription
- 205.69×
- Opens
- 26 Oct 2023
- Closes
- 30 Oct 2023
- Allotment
- 31 Oct 2023
- Listing
- 3 Nov 2023
Offer at a glance
Issue overview
- Issue size
- 51,66,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,14,000
- Fresh issue
- ₹51.66 cr
- Offer for sale
- ₹0 cr
- Registrar
- Bigshare Services Private Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,20,000
- Issue type
- Book Built Issue IPO
- Shares before issue
- 1,44,00,000
- Shares after issue
- 0
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 1,200 | ₹1,20,000 |
| HNI | 2 | 2,400 | ₹2,40,000 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 9.82 | 798.8 |
| RETAIL | 17.17 | 3,177.48 |
| NIB | 7.36 | 3,087.9 |
Financial performance
Company financials
In Lakhs · Reported periods may include interim results.
Key performance indicators
| Metric | Values |
|---|---|
| EPS | 6.87 |
| ROE | 56.89 |
| ROCE | 38.86 |
| RONW | 44.29 |
| PRE IPO(PE) | 14.56 |
| POST IPO(PE) | 13.51 |
Values and labels as reported in the issue data.
Company information
Company profile
Incorporated in 2004, the company is engaged in custom synthesis and manufacturing of specialty chemical intermediates for Pharma, Agro, Cosmetics, Pigments, and Dyes, serving both Indian and global clients. Its manufacturing unit is located in Viramgam, Ahmedabad, Gujarat, spread across 7,000 square meters and equipped with advanced reactors for research and new product development. The company focuses strongly on innovation and multi-step synthesis, and its R&D team has developed multiple new molecules, expanding the product portfolio to around 140 products in FY 2023. As of March 31, 2023, the company has a team of 14 technocrats dedicated to research and development.
Strengths
- Wide range of customizable products
- Strong R&D focus using complex chemistry and advanced technology
- Long-term customer relationships across multiple countries
- In-house manufacturing with advanced technologies and processes
- Experienced Promoters and Senior Management with strong domain expertise
Promoters
Dr. Pravinchandra Jasmat Vasolia
Kishorkumar Panchabhai Patolia
Vallabh Ratanji Savaliya
Rutesh Vallabhbhai Savalia
Shivam Kishorbhai Patolia
Registrar & documents
Lead manager
Hem Securities Limited
Registrar & contacts
Bigshare Services Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
1001/1, Parshwa Tower, Near Pakvan Hotel S.G. Highway, Bodakdev Ahmedabad, 380054
+917935335483
[email protected]Company website ↗Understanding PARAGON IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.