Paragon Fine and Specialty Chemical IPO Date, Review, Price, Allotment Details

Paragon Fine and Specialty Chemical IPO Details: Paragon Fine and Specialty Chemical IPO date is fixed, The IPO will open on October 26 and will close on October 30. Paragon Fine and Specialty Chemical is an NSE SME IPO to raise ₹51.66 crores via IPO. The Paragon Fine and Specialty Chemical IPO price band is fixed at ₹95 to ₹100 with a market lot of 1200 shares.

Paragon Fine And Speciality Chemical IPO

Table of Contents


Paragon Fine and Specialty Chemical are engaged in the business of custom synthesis and manufacturing of specialty chemical intermediates involving complex and differentiated chemistry. They commenced business as a partnership firm in the year 2004 and have, over the years, evolved into custom synthesis and manufacturing of Pharma Intermediates, AGRO intermediates, Cosmetics Intermediates, Pigment Intermediates, Dye Intermediates, etc. for a diverse base of Indian and global customers. They work with an approach towards chemistry combined with technology and systems that would lead to sustained product development. Their diverse range of products finds applications across various industries, including pharma, agro chemicals, cosmetics, pigments, and dyes.


Their manufacturing facility situated at Viramgam District, Ahmedabad, Gujarat is spread across approximately 7000 square meters and is equipped with reactors enabling them to manufacture a diverse range of products. They also have a pilot plant with two glass line assemblies and three reactors installed, for batch reaction technology. They use various chemistry compositions like Acetylation, Amination, Catalytic hydrogenation, Chlorosulfonation, Methoxylation, Nitration, Amidation, Ethoxylation, Sulphonation, etc which enables them to cater to niche and advanced intermediate requirements of a wider range of end-products and applications.

Paragon Fine have a dedicated in-house R&D facility which is equipped with laboratories engaged in the development and innovation of catalytic process, and new chemical screening, which assists them in pursuing efficiencies from the initial conceptualization up to commercialization of a product. The Department of Scientific and Industrial Research has also recognized its in-house R&D facility. They have a diversified product portfolio due to our research and development (“R&D”) and technological capabilities.


Objects of the Issue:

  • Funding capital expenditure towards civil construction work in the existing premises of the factory
  • Funding capital expenditure towards civil construction work in Plot No 10/A, Situated at Survey No. 1359, 1360 Village-Viramgam Taluka- Viramgam, District-Ahmedabad-382150, Gujarat.
  • Repayment in full or in part, of certain of our outstanding borrowings;
  • Funding Capital Expenditure towards the installation of additional plant and machinery for Expansion.
  • Funding to meet working capital requirements 6. General Corporate Purpose.

Paragon Fine and Specialty Chemical IPO Review

  • To be updated soon

Paragon Fine and Specialty Chemical IPO Date & Price Band Details

IPO Open:October 26, 2023
IPO Close:October 30, 2023
IPO Size:Approx ₹51.66 Crores, 5,166,000 Equity Shares
Face Value:₹10 Per Equity Share
IPO Price Band:₹95 to ₹100 Per Equity Share
IPO Listing on:NSE SME
Retail Quota:35% of the net offer
QIB Quota:50% of the net offer
NII Quota:15% of the net offer
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here
Anchor Investors in IPO:Click Here

Paragon Fine and Specialty Chemical IPO Market Lot

The Paragon Fine and Specialty Chemical IPO minimum market lot is 1200 shares with a ₹120,000 application amount.

ApplicationLot SizeSharesAmount
Retail Minimum11200₹120,000
Retail Maximum11200₹120,000
S-HNI Minimum22400₹240,000

Paragon Fine and Specialty Chemical IPO Dates

The Paragon Fine and Specialty Chemical IPO date is October 26 and the IPO close date is October 30. The IPO allotment date is November 2 and the IPO might list on November 3.

IPO Open Date:October 26, 2023
IPO Close Date:October 30, 2023
Basis of Allotment:November 2, 2023
Refunds:November 3, 2023
Credit to Demat Account:November 3, 2023
IPO Listing Date:November 3, 2023

You can check IPO subscription status and IPO allotment status on their respective pages.

Paragon Fine and Specialty Chemical IPO Form

How to apply Paragon Fine and Specialty Chemical IPO? You can apply Paragon Fine and Specialty Chemical IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Paragon Fine and Specialty Chemical IPO in the Invest section. The other option you can apply Paragon Fine and Specialty Chemical IPO via IPO forms download via the NSE website. Check out the Paragon Fine and Specialty Chemical forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.


Paragon Fine and Specialty Chemical Company Financial Report

₹ in Crores
YearRevenueExpensePAT
2021₹84.37₹78.34₹4.40
2022₹84.58₹78.41₹4.49
2023₹105.01₹91.45₹9.89

Paragon Fine and Specialty Chemical IPO Valuation – FY2023

Check Paragon Fine and Specialty Chemical IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Earning Per Share (EPS):₹6.87 per Equity Share
Price/Earning P/E Ratio:NA
Return on Net Worth (RoNW):44.29%
Net Asset Value (NAV):₹15.51 per Equity Share

Peer Group

  • Aether Industries Limited
  • Anupam Rasayan India Ltd
  • Bodal Chemicals Ltd
  • Deepak Nitrite Ltd

Company Promoters

  • Dr. Pravinchandra Jasmat Vasolia
  • Kishorkumar Panchabhai Patolia
  • Vallabh Ratanji Savaliya
  • Rutesh Vallabhbhai Savalia
  • Shivam Kishorbhai Patolia

Paragon Fine and Specialty Chemical IPO Registrar

Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: http://www.bigshareonline.com

Paragon Fine and Specialty Chemical IPO Allotment Status

Check Paragon Fine and Specialty Chemical IPO allotment status on Bigshare website URL. Click Here

Paragon Fine and Specialty Chemical IPO Lead Managers aka Merchant Bankers

  • Hem Securities Limited

Company Address

Paragon Fine and Specialty Chemical Limited
1001/1, Parshwa Tower, Near Pakvan Hotel
S.G. Highway, Bodakdev
Ahmedabad, 380054
Phone: +917935335483
Email: [email protected]
Website: https://www.paragonind.com/

Paragon Fine and Specialty Chemical IPO FAQs


What is Paragon Fine and Specialty Chemical IPO?

Paragon Fine and Specialty Chemical IPO is an NSE SME IPO. They are going to raise ₹51.66 Crores via IPO. The issue is priced at ₹95 to ₹100 per equity share. The IPO is to be listed on NSE.

When Paragon Fine and Specialty Chemical IPO will open?

The IPO is to open on October 26, 2023 for QIB, NII, and Retail Investors.

What is Paragon Fine and Specialty Chemical IPO Investors Portion?

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the Paragon Fine and Specialty Chemical IPO?

You can apply Paragon Fine and Specialty Chemical IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the Paragon Fine and Specialty Chemical IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Paragon Fine and Specialty Chemical”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Paragon Fine and Specialty Chemical IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Paragon Fine and Specialty Chemical”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Paragon Fine and Specialty Chemical IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Paragon Fine and Specialty Chemical”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Paragon Fine and Specialty Chemical IPO Size?

Paragon Fine and Specialty Chemical IPO size is ₹51.66 crores.

What is Paragon Fine and Specialty Chemical IPO Price Band?

Paragon Fine and Specialty Chemical IPO Price Band is ₹95 to ₹100 per equity share.

What is Paragon Fine and Specialty Chemical IPO Minimum and Maximum Lot Size?

The IPO bid is 1200 shares with ₹120,000.

What is Paragon Fine and Specialty Chemical IPO Allotment Date?

Paragon Fine and Specialty Chemical IPO allotment date is November 2, 2023.

What is Paragon Fine and Specialty Chemical IPO Listing Date?

Paragon Fine and Specialty Chemical IPO listing date is November 3, 2023. The IPO to list on NSE SME.

Note: The Paragon Fine and Specialty Chemical IPO details are announced officially. The IPO grey market premium (Paragon Fine and Specialty Chemical IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.)

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    OPEN DEMAT ACCOUNT