The Paragon Fine And Speciality Chemicals IPO started on October 26, 2023, and ended on October 30, 2023. Shares were allocated on November 2, 2023, and refund processes began on November 3, 2023. On November 6, 2023, the shares were credited to investors demat accounts. Paragon Fine And Speciality Chemicals was officially listed on the stock exchange on November 7, 2023.
During the IPO, Paragon Fine And Speciality Chemicals offered shares at a price range of ₹95 to ₹100 per share, and the lot size was 1200 shares. The total issue size was ₹51.66 crores, with ₹51.66 crores from new shares. The IPO was listed on the NSE SME.
Regarding share reservations, 50% of the shares were allocated to Qualified Institutional Buyers (QIB), 15% were reserved for Non-Institutional Investors (NII), and 35% were set aside for retail investors.
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Paragon Fine And Speciality Chemicals IPO Subscription Status
The Paragon Fine And Speciality Chemicals IPO on October 26, 2023 was subscribed 12.18 times, with the retail category being subscribed 16.78 times, the NII (Non-Institutional Investor) category being subscribed 14.09 times, the QIB (Qualified-Institutional Buyers) category being subscribed 2.71 times.
| Category | Subscription |
| QIB | 2.71x |
| NII | 14.09x |
| Retail | 16.78x |
| Total | 12.18x |
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 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 |
About Paragon Fine And Speciality Chemicals Limited
Paragon Fine And Speciality Chemicals started in 2004. We make special chemical parts that are a bit complicated. We create things for medicine, farming, beauty, coloring, and dyes. People from India and all over the world like our stuff.
Our factory is in Viramgam District, Ahmedabad, Gujarat. It’s pretty big, about 7000 square meters. We have fancy machines for making new things.
Our smart research team has made lots of new products. In 2023, we had about 140 things to sell. By March 31, 2023, we had 14 smart people working on new stuff.
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Paragon Fine And Speciality Chemicals IPO FAQs
What is the start and end date of Paragon Fine And Speciality Chemicals IPO Subscription?
The Paragon Fine And Speciality Chemicals IPO started on October 26, 2023, and ended on October 30, 2023.
When does Paragon Fine And Speciality Chemicals IPO Subscription open?
The Paragon Fine And Speciality Chemicals IPO open on October 26, 2023.
When does Paragon Fine And Speciality Chemicals IPO Subscription close?
The Paragon Fine And Speciality Chemicals IPO Close on October 30, 2023.
What is the allotment date of Paragon Fine And Speciality Chemicals IPO?
The allotment date for Paragon Fine And Speciality Chemicals IPO is November 2, 2023.
When is the initial refund date of Paragon Fine And Speciality Chemicals IPO?
The initial Refund date for Paragon Fine And Speciality Chemicals IPO is November 3, 2023.
When were the shares credited to investors demat accounts for the Paragon Fine And Speciality Chemicals IPO?
The shares for the Paragon Fine And Speciality Chemicals IPO were credited to investors demat accounts on November 6, 2023.
When will Paragon Fine And Speciality Chemicals IPO be listed on the stock market?
Paragon Fine And Speciality Chemicals IPO stock market will be listed on November 7, 2023 at 10 am.
What was the price range of the Paragon Fine And Speciality Chemicals IPO shares?
The Paragon Fine And Speciality Chemicals IPO shares were offered at a price range of ₹95 to ₹100 per share.
What was the lot size for the Paragon Fine And Speciality Chemicals IPO shares?
The lot size for the Paragon Fine And Speciality Chemicals IPO shares was 1200 shares.
What was the total issue size of the Paragon Fine And Speciality Chemicals IPO?
The total issue size of the Paragon Fine And Speciality Chemicals IPO was ₹51.66 crores.
How were the shares allocated among different types of investors for the Paragon Fine And Speciality Chemicals IPO?
50% of the shares were allocated to Qualified Institutional Buyers (QIB), 15% were reserved for Non-Institutional Investors (NII), and 35% were set aside for retail investors.
On which stock exchanges was the Paragon Fine And Speciality Chemicals IPO listed?
The Paragon Fine And Speciality Chemicals IPO was listed on the NSE SME.
What is the Paragon Fine And Speciality Chemicals IPO Subscription Status?
Paragon Fine And Speciality Chemicals IPO is subscribed Times.
