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PARAGONSME / NSEListed
Paragon Fine And Speciality Chemicals

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.

DRHPANCHOR
₹95 - ₹100205.69x sub
Listed Price₹225.00
Listing Gain+125.00%

IPO Schedule & Timeline

Book Built Issue IPO
Open26 Oct 2023
Close30 Oct 2023
Allotment31 Oct 2023
Listing03 Nov 2023

Quota Reservation & Application Lots

Quota Reservation (% Shares)

QIB24,51,600 shares
47.46%
Nii (hni)7,35,600 shares
14.24%
Retail17,17,200 shares
33.24%
Market Maker2,61,600 shares
5.06%

Minimum Application Lots

Retail1 Lot (1,200 shares)
₹1,20,000
HNI2 Lots (2,400 shares)
₹2,40,000

Company Promoters

Dr. Pravinchandra Jasmat VasoliaKishorkumar Panchabhai PatoliaVallabh Ratanji SavaliyaRutesh Vallabhbhai SavaliaShivam Kishorbhai Patolia

Company Background

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 an...

Lead Managers & Bankers

Hem Securities Limited

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Jun 2023)₹2900.43 Cr
Growth-65.6%
Revenue Trend (₹ in Crores)
0.04.0k8.1k12.1kMar 2021Mar 2022Mar 2023Jun 2023
PeriodRev (Cr)PAT (Cr)AssetsDebt
Jun 20232,900.43362.167,412.192,709.67
Mar 202310,501.19989.217,097.842,521.03
Mar 20228,457.92449.025,750.532,068.16
Mar 20218,436.94439.774,983.262,193.00

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Values6.8756.89%38.86%14.5613.51

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Bigshare Services Private Limited

Allotment Finalized
Allotment Date
31 Oct 2023
Official Status
Out / Finalized
Registrar
Bigshare Services Private Limited
Listing Date
03 Nov 2023

Official Allotment Verification Links

Official Registrar Portal
Bigshare Services Private Limited

Direct allotment verification on the official registrar portal appointed for Paragon Fine And Speciality Chemicals. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization31 Oct 2023Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date03 Nov 2023Trading commences on exchange

How to Check Paragon Fine And Speciality Chemicals Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Paragon Fine And Speciality Chemicals from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Official FilingDRHP
Official FilingANCHOR

Allotment FAQs & Help

About Paragon Fine And Speciality Chemicals IPO

Complete issue overview for Paragon Fine And Speciality Chemicals (PARAGON) IPO. The issue features an equity share price band of ₹95 – ₹100 per share with a minimum retail lot size of 1200 Shares (minimum application amount of ₹1,20,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions