The Paragon Fine And Speciality Chemicals IPO commenced on October 26, 2023, and concluded on October 30, 2023. The allotment of shares took place on November 2, 2023, and the initiation of refunds began on November 3, 2023. The shares were credited to the demat accounts of investors on November 6, 2023. Finally, the listing of Paragon Fine And Speciality Chemicals on the stock exchange occurred on November 7, 2023.
The Paragon Fine And Speciality Chemicals IPO was priced at ₹95 to ₹100 per share, with a lot size of 1200 shares. The total issue size was ₹51.66 crores, comprising a fresh issue of ₹51.66 crores. The IPO was listed on the NSE SME.
In terms of quota reservations, the QIB (Qualified Institutional Buyers) quota was reserved for 50% of the shares, the NII (Non-Institutional Investors) quota was reserved for 15% of the shares, and the retail quota was reserved for 35% of the shares.
Paragon Fine And Speciality Chemicals IPO Basic Details
| Company Name | Paragon Fine And Speciality Chemicals Limited |
| Domain of Company | Speciality Chemicals Company |
| Paragon Fine And Speciality Chemicals IPO GMP Today | ₹75 |
| Paragon Fine And Speciality Chemicals IPO Listing Gain | 75.00% |
| Paragon Fine And Speciality Chemicals IPO Open Date | October 26, 2023 |
| Paragon Fine And Speciality Chemicals IPO Close Date | October 30, 2023 |
| Paragon Fine And Speciality Chemicals IPO Allotment Date | November 2, 2023 |
| Paragon Fine And Speciality Chemicals IPO Listing Date | November 7, 2023 |
| Face Value | ₹10 per share |
| Price | ₹95 to ₹100 per share |
| Lot Size | 1200 Shares |
| Issue Size | 5,166,000 shares of ₹10 (aggregating up to ₹51.66 Cr) |
| Fresh Issue | 5,166,000 shares of ₹10 (aggregating up to ₹51.66 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Company Promoters | Dr. Pravinchandra Jasmat Vasolia, Kishorkumar Panchabhai Patolia, Vallabh Ratanji Savaliya, Rutesh Vallabhbhai Savalia and Shivam Kishorbhai Patolia |
Paragon Fine And Speciality Chemicals IPO GMP Today:
| Date | GMP | Listing Gain | Kostak | Subject to |
| Today | ₹75 | 75.00% | – | – |
| 25 October 2023 | ₹75 | 75.00% | – | – |
Paragon Fine IPO Details:
aragon Fine And Speciality Chemicals was founded in 2004. They specialize in making unique chemical ingredients. They create these chemicals for various industries like pharmaceuticals, agriculture, cosmetics, pigments, and dyes. Their clients come from all over India and around the world.
The company’s factory is in Viramgam District, Ahmedabad, Gujarat. It covers an area of about 7000 square meters and has advanced equipment for researching and developing new products.
Their research and development team has been successful in making many new chemicals, adding up to about 140 products by 2023. As of March 31, 2023, their R&D team consists of 14 experts.
Paragon Fine And Speciality Chemicals IPO More Details Click Here
Paragon Fine And Speciality Chemicals IPO FAQs
When is Paragon Fine And Speciality Chemicals IPO open?
Paragon Fine And Speciality Chemicals IPO will open on 26 October 2023.
When is Paragon Fine And Speciality Chemicals IPO Close?
Paragon Fine And Speciality Chemicals IPO will be closed on 30 October 2023.
What is Paragon Fine And Speciality Chemicals IPO GMP Today?
The Paragon Fine And Speciality Chemicals IPO GMP aka Grey Market Premium is ₹75.
What is Paragon Fine And Speciality Chemicals IPO Kostak Rates Today?
The Paragon Fine And Speciality Chemicals IPO Kostak Rate is ₹000.
What is Paragon Fine And Speciality Chemicals IPO Subject to Sauda Price Today?
The Paragon Fine And Speciality Chemicals IPO subject to sauda rates is ₹000.
Paragon Fine And Speciality Chemicals IPO Expected Returns?
The Paragon Fine And Speciality Chemicals expected return is 75%.
How much will be the listing gain in Paragon Fine And Speciality Chemicals IPO?
Paragon Fine And Speciality Chemicals IPO will get listing gain of 75%. (Approx.)
