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Homeबड़ी सोचParagon Finе IPO GMP, Date, Lot Size, Company Review, Subscribe or not?

Paragon Finе IPO GMP, Date, Lot Size, Company Review, Subscribe or not?

Paragon Finе IPO GMP Date :Paragon Fine and Specialty Chemicals Ltd is a well-known company bas in Gujarat, India that specializes in the production and supply of specialty chemicals for various industries including pharmaceuticals, agrochemicals, dyes, pigments, cosmetics, and personal care products. The company’s two manufacturing units in Gujarat have a combine installed capacity of 12,000 metric tonne per annum (MTPA), making it one of the leading players in the highly competitive chemical industry.

Paragon Fine and Specialty Chemicals Ltd has achieve this success by maintaining a strong commitment to quality and innovation. Its diverse product portfolio is tailor to meet the unique needs of different industries while ensuring sustainable growth for the company. With its focus on customer satisfaction and exceptional service, Paragon Fine and Specialty Chemicals Ltd continues to be a trust partner for businesses across various sectors.

Paragon Finе IPO GMP Date

This move will enable the company to raise funds for expansion and growth while providing an opportunity for investors to participate in its success story. It also marks a significant milestone for the company in terms of strengthening its position in the market and enhancing its brand image. The countdown is on for the highly anticipate Paragon Fine IPO, and investors are buzzing with excitement.

But what exactly is the GMP date, and why is it so important? In this blog post, we will delve into the world of IPOs and explore what the GMP date means for investors. We’ll discuss how it affects the pricing of shares, how to interpret GMP data, and what you need to know to make inform investment decisions. So if you’re ready to dive into the world of IPOs and learn about the Paragon Fine GMP date, keep reading!

Paragon Finе IPO GMP Date

Paragon Finе IPO GMP Date Details

Article Name Paragon Finе IPO GMP Date
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Paragon Chemical IPO GMP

Paragon Fine and Specialty Chemicals Ltd’s recent GMP for its IPO stands at Rs 55, according to experts in the market. The project listing price for this SME IPO is Rs 155, which corresponds to the price band of 100.00, including today’s GMP. It is expect that each share would see a gain or loss of 55.00%. Investors will be keeping a close eye on the company’s financial performance and market trends to make inform investment decisions.

Net Profit

In the financial year that end in March FY23, the company record a substantial growth in net profit, which surged by 120.3% to Rs 9.89 crore. Additionally, income from operations also witnessed a notable increase of 23.5% to reach Rs 102.3 crore. These figures represent the overall financial performance of the company. Furthermore, EBITDA (earnings before interest, tax, depreciation, and amortization) demonstrate significant growth as well, soaring by 118.5% year over year to achieve Rs 12.83 crore.

Paragon Chemicals IPO Listing Date

The Ahmedabad-bas company has a wide range of products that cater to diverse industries, such as medical devices, electronics, plastics, paper, leather, and polymers. The IPO share allocation is expect to be finalized by November 2nd, with equity shares being deposite into the demat accounts of eligible investors by November 7th. This timeline shows that the firm is progressing with its plan to go public and is taking measures to ensure a seamless process for investors. Going public indicates growth opportunities for the company and reflects investor confidence in its potential success.

Credibility

By entering the stock market, the company can raise funds that will allow it to expand its operations and continue developing innovative products for its customers. Additionally, an IPO can also boost brand visibility and establish credibility for the firm in the eyes of stakeholders. It will be interesting to observe how this move towards an IPO impacts the company’s performance in the long run.

Initial Public Offering

The company is set to raise Rs 51.66 crore by means of an initial public offering (IPO) on the NSE SME platform. The IPO will open for subscription from October 26, 2023, and will close on October 30, 2023. The price band of the IPO has been fixe at Rs 95-100 per share, and the lot size is 1200 shares. The IPO will comprise only fresh issue of 51.66 lakh shares and no offer for sale (OFS) by the existing shareholders. Currently, the promoters hold a complete stake in the company; however, post-IPO, their shareholding will reduce to 75.13%.

Paragon Finе IPO GMP Capitalize

Are you a savvy investor looking to capitalize on the next big IPO? Well, you’re in luck because Paragon Fine IPO is just around the corner! In this blog post, we’ll dive into the details of Paragon Fine’s upcoming IPO, including the GMP (Grey Market Premium) date. We’ll discuss what the GMP date means and how it can impact your investment decisions. So if you’re ready to stay ahead of the game and potentially make some serious gains, keep reading to learn all about Paragon Fine’s IPO and GMP date.

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Paragon Fine And Speciality Chemicals IPO Lot Size

In the share issuance process, Qualified Institutional Buyers (QIBs) will receive half of the total number of shares, which excludes the market maker component, while retail investors are allocated 35%. The remaining 15% is reserved for high-net-worth individuals who are not institutional investors. To participate in the offer for equity shares, investors may bid in multiples of at least 1,200 shares and a maximum of 1,200 shares. It is important to note that this allocation strategy ensures that all classes of investors can participate in the share issuance process, with QIBs receiving a higher percentage due to their larger investment capabilities as institutions.

Paragon Finе IPO Datеs

Thе important datеs for thе Paragon Finе IPO arе as follows:

  • IPO Opеn Datе: Octobеr 26, 2023
  • IPO Closе Datе: Octobеr 30, 2023
  • Basis of Allotmеnt Datе: Novеmbеr 2, 2023
  • Initiation of Rеfunds Datе: Novеmbеr 3, 2023
  • Crеdit of Sharеs to Dеmat Account: Novеmbеr 6, 2023
  • Listing Datе: Novеmbеr 7, 2023

Paragon Chemicals SME IPO Buy or Not

The grey market premium (GMP) is the price at which an initial public offering (IPO) is sold on an unofficial or unregulated market before its official listing. The GMP provides a glimpse of how the IPO of a particular company will perform on the day it is listed. A positive GMP premium suggests that the IPO will likely generate a profit, whereas a negative GMP premium indicates that the IPO will likely result in a loss. Investors use this information to make informed decisions about whether or not to invest in the IPO and at what price.

Specialty Chemicals SME IPO

The GMP can also serve as an indicator of investor sentiment towards the company and its prospects for growth. It is crucial to remember that the IPO GMP of Paragon Fine And Specialty Chemicals SME can be highly volatile. Therefore, it would be challenging to make an investment decision solely based on the GMP. Thus, before investing, one should thoroughly analyze all relevant factors and make an informed choice about participating in the Paragon Fine And Specialty Chemicals SME IPO.

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Paragon Finе IPO Lot Sizе

Thе lot sizе for the Paragon Finе IPO is 1200 sharеs and the minimum ordеr quantity is onе lot. thе maximum ordеr quantity for rеtail invеstors is onе lot and for non-institutional invеstors (NIIs) is two lots. Thе table below shows thе lot sizе and amount dеtails for different categories of invеstors.

Category lot size shares Amount(Rs.)
Retail 1 1200 120000
Nil 2 2400 240000

Should you Subscribе to Paragon Finе IPO or Not?

The Paragon Fine IPO has a price-to-earnings (PE) ratio of 15.97-16.93, which is based on the FY21 EPS and the price range of Rs 95-100 per share. This PE ratio is lower than the industry average of 25.76 as stated in the DRHP. The company possesses a strong portfolio of products, a diverse customer base, strong R&D capabilities, and a consistent financial performance. However, the company faces certain risks and challenges including a heavy reliance on raw materials, the volatility of foreign exchange rates, competition from both domestic and international competitors, potential regulatory changes, and environmental concerns. Additionally, as of March 31, 2021, the company has a debt-to-equity ratio of 1.33 which could impact its profitability and liquidity.

Subscription Levels

According to the latest reports, the Paragon Fin IPO has a grey market premium (GMP) of Rs 55. This suggests that there is significant demand and interest among investors for the IPO. The GMP serves as an unofficial indicator of the IPO’s listing price and performance, which can vary depending on market conditions and subscription levels. Investors may contemplate subscribing to the Paragon Fine IPO, taking into account the aforementioned factors, in order to potentially benefit from listing gains as well as long-term returns. Nevertheless, it is advisable for investors to conduct their own research and analysis before investing in any IPO. They should also consult their financial advisors if necessary.

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Paragon Finе Company Rеviеw

Paragon Fine and Specialty Chemicals Ltd was established in 2006 and commenced its commercial operations in 2008. The company offers a wide range of over 100 specialty chemicals that serve various industries including pharmaceuticals, agrochemicals, dyes, pigments, cosmetics, and personal care products. Among the products manufactured by the company are benzyl chloride, benzyl alcohol, benzaldehyde, benzotrichloride, benzoyl chloride, chloroacetyl chloride, chloroacetic acid, ethyl chloroacetate, methyl chloroacetate, etc.

Annual Growth Rate

Over the years, the company’s financial performance has shown improvement. The revenue generated by the company’s operations rose from Rs 97.62 crore in FY19 to Rs 121.11 crore in FY21, resulting in a compound annual growth rate (CAGR) of 11.32%. Additionally, the company’s profit after tax (PAT) increased from Rs 4.38 crore in FY19 to Rs 9.02 crore in FY21. The company experienced a compound annual growth rate (CAGR) of 42.84% over the specified period. During this time, the earnings per share (EPS) of the company rose from Rs 3.04 in FY19 to Rs 6.26 in FY21, also reflecting a CAGR of 42.84%.

Who will announce the Paragon Finе IPO GMP Date? 

The Paragon Fine IPO GMP (Grey Market Premium) date is typically announced by the company itself or by the investment bankers managing the IPO. The GMP refers to the premium that investors are willing to pay for shares of the company in the unofficial grey market before they are listed on the stock exchange. It is important to keep an eye out for updates from reliable sources regarding the GMP date as it can impact investor sentiment and demand for the company’s shares.

What to do if any discrepancy in Paragon Finе IPO GMP Date?

If you come across any discrepancies in the Paragon Fine IPO GMP date, it is important to reach out to a reliable source for accurate information. You can refer to the official website of the Bombay Stock Exchange (BSE) or National Stock Exchange (NSE) for updates on the IPO and GMP. Additionally, you can consult with a financial advisor or broker who can provide guidance and clarify any doubts you may have regarding the IPO process. It is essential to stay inform and make inform decisions when investing in an IPO.

Paragon Finе IPO GMP Date Next Year Exam Important Information

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Conclusion

Paragon Fine IPO GMP Date is a highly anticipated event in the financial world. As investors eagerly await the initial public offering of Paragon Fine, there is a sense of excitement and anticipation in the air. The GMP date, or grey market premium date, refers to the date when unofficial trading of shares begins before they are officially listed on the stock exchange. This period allows investors to buy and sell shares based on their perception of the company’s value, which can often lead to significant price fluctuations. While the exact GMP date for Paragon Fine’s IPO is yet to be announced, market analysts and enthusiasts alike are closely monitoring any updates in order to capitalize on potential investment opportunities.

Paragon Finе IPO GMP Date FAQ’S

When is the Paragon Fine And Speciality Chemicals IPO Subscription Date?

Paragon Chemicals IPO Subscription starts from 26th October and Last Date to Apply is 30th October 2023.

What is the Paragon Fine IPO Price?

Paragon Fine IPO Price is ₹1,20,000 for each Lot.

What is the Paragon Fine Share Price?

Paragon IPO Share Price is around ₹95-100 Per share.

What is then Paragon Fine IPO GMP Today?

Paragon Fine IPO GMP Today is ₹55 per share.

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