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15 Days Price Change

Paragon Fine & Spl. IPO

Closing In

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WEBSITE Inc. Year: 2003 Industry: Chemicals Listed Page

Profile
Issue Size --
Profile
Price Range 95  to  100 per share
Profile
Min Investment ₹100
Profile
Lot Size 1
Profile
Face Value ₹10
Profile
Draft Prospectus
Invest Before the IPO Goes Live

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Profile
  • Basic Info
  • IPO Tentative Timetable
  • IPO Lot Size
  • Subscription Status
  • Financials
  • Profit & Loss
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Growth Rates
  • Other info

Overview

Paragon Fine and Specialty Chemicals Ltd is a leading chemical manufacturing company renowned for its innovative and high-quality chemical solutions. With a commitment to excellence, Paragon specializes in producing a diverse range of fine and specialty chemicals catering to various industries, including pharmaceuticals, agriculture, cosmetics, and industrial applications. The company success is rooted in its state-of-the-art production facilities, cutting-edge research and development capabilities, and a dedicated team of experts. Paragon is known for its strict adherence to quality standards, environmental sustainability, and a customer-centric approach. Whether it's custom synthesis, contract manufacturing, or a wide array of specialty chemicals, Paragon consistently delivers on its promise of reliability and performance, making it a preferred partner for businesses seeking advanced chemical solutions. Read More

Basic Info

Face Value 10 per share

Price 95  to  100 per share

P/E (x) 33.3

Sales( Cr.) 116

PAT( Cr.) 6

EPS 3

Draft Prospectus

Exchange NSE-SME

Promoter

Company Promoters

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

Pre Issue Share Holding 100%

Post Issue Share Holding 47.7%

Listing Details:

Listing Price: 225

Listing Gain: 55.56%

Current Price: 51.8

Gain On Issue: 51.8 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date Oct 26, 2023
Closing Date Oct 30, 2023
Allotment Oct 31, 2023
Refund Nov 01, 2023
Delivery of Shares Nov 01, 2023
Listing Date Nov 02, 2023

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 1200 120,000
Retail (Max) 1 1200 120,000
S-HNI (Min) 2 2400 240,000
S-HNI (Max) 8 9600 960,000
B-HNI (Min) 9 10800 1,080,000

Objective of the Issue

1. Funding capital expenditure towards civil construction work in the existing premises of the factory 2. 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. 3. Repayment in full or in part, of certain of our outstanding borrowings 4. Funding Capital Expenditure towards the installation of additional plant and machinery for Expansion. 5. Funding to meet working capital requirements 6. General Corporate Purpose.

Issue

Category Nos Bid Bid (x)
QIB 2583000 210204540 81.4x
NII 1808100 758425626 419.5x
Retail 774900 143573472 185.3x
EMP 0 0 0x
Total 5166000 1062852840 205.7x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

Paragon Fine & Spl. Profit & Loss

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 83 83 104 121 116
Other Income 1 2 1 1 1
Total Income 84 85 105 123 117
Total Expenditure 77 77 89 102 108
Operating Profit 7 8 16 21 10
Interest 1 1 1 1 0
Depreciation 1 1 1 1 1
Exceptional Income / Expenses 0 0 0 0 0
Profit Before Tax 6 6 14 19 8
Provision for Tax 2 2 4 5 2
Profit After Tax 4 4 10 14 6
Adjustments 0 0 0 0 0
Profit After Adjustments 4 4 10 14 6
Adjusted Earnings Per Share 3.1 3.1 6.8 7.3 3

Paragon Fine & Spl. Balance Sheet

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 8 12 22 83 89
Minority's Interest 0 0 0 0 0
Borrowings 12 14 14 8 3
Other Non-Current Liabilities 0 0 0 1 1
Total Current Liabilities 30 31 34 13 11
Total Liabilities 50 58 71 106 104
Fixed Assets 7 10 9 11 16
Other Non-Current Assets 0 1 1 6 13
Total Current Assets 43 47 61 89 75
Total Assets 50 58 71 106 104

Paragon Fine & Spl. Cash Flow

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 2 1 1 1 13
Cash Flow from Operating Activities -9 5 -2 0 -6
Cash Flow from Investing Activities -1 -4 -1 -18 -2
Cash Flow from Financing Activities 9 -2 3 29 -5
Net Cash Inflow / Outflow -1 -1 1 12 -13
Closing Cash & Cash Equivalent 1 1 1 13 0

Paragon Fine & Spl. Ratios

# Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 3.05 3.12 6.85 7.31 3.02
CEPS(Rs) 3.47 3.6 7.42 7.78 3.57
DPS(Rs) 0 0 0 0 0
Book NAV/Share(Rs) 5.52 8.64 15.47 42.67 45.69
Core EBITDA Margin(%) 7.62 7.16 14.05 16.33 7.35
EBIT Margin(%) 8.23 8.43 14.18 16.68 7.31
Pre Tax Margin(%) 7.24 7.45 13.04 15.85 7.13
PAT Margin (%) 5.28 5.42 9.47 11.8 5.1
Cash Profit Margin (%) 6.01 6.27 10.27 12.54 6.01
ROA(%) 8.82 8.37 15.34 16.21 5.65
ROE(%) 55.3 44.03 56.78 27.06 6.85
ROCE(%) 22.94 22.17 36.6 28.98 9.17
Receivable days 129.51 112.61 85.37 79.14 101.94
Inventory Days 6.16 31 61.24 80.95 94.72
Payable days 93.41 116.14 102.87 71.26 48.12
PER(x) 0 0 0 15.16 21.61
Price/Book(x) 0 0 0 2.6 1.43
Dividend Yield(%) 0 0 0 0 0
EV/Net Sales(x) 0.25 0.24 0.26 1.66 1.13
EV/Core EBITDA(x) 2.78 2.63 1.77 9.54 13.73
Net Sales Growth(%) 0 -0.51 25.63 16.6 -4.3
EBIT Growth(%) 0 1.86 111.27 37.16 -58.07
PAT Growth(%) 0 2.1 119.52 45.18 -58.65
EPS Growth(%) 0 2.1 119.52 6.85 -58.65
Debt/Equity(x) 2.76 1.66 1.13 0.1 0.04
Current Ratio(x) 1.44 1.53 1.81 6.74 6.96
Quick Ratio(x) 1.39 1.12 1.15 4.35 4.29
Interest Cover(x) 8.27 8.6 12.42 20.27 41.72
Total Debt/Mcap(x) 0 0 0 0.04 0.03

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR -4% 12% 0% 0%
Operating Profit CAGR -52% 8% 0% 0%
PAT CAGR -57% 14% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -29% NA% NA% NA%
ROE Average 7% 30% 38% 38%
ROCE Average 9% 25% 24% 24%

Company Contact Information

Paragon Fine And Speciality Chemical Ltd.

1001/1, Parshwa Tower Near Pakvan Hotel S. G. Highway, Bodakdev

IPO Lead Manager(s)

Paragon Fine And Speciality Chemical Ltd.

Hem Securities Ltd.

Registrar Info

Paragon Fine And Speciality Chemical Ltd.

Frequently Asked Questions

All You Need To Know About IPO

When you leave without vesting, generally unvested ESOPs are cancelled. Vested ESOPs usually can be exercised after you depart, often within 3 to 6 months, depending on the company's ESOP plan.

For companies listed on a stock exchange, you can sell the shares any time after you exercise the ESOP option and the shares are in your demat account. If the company is unlisted or otherwise a startup, you can only sell the shares if and when the company announces a buyback or has a process for secondary sales.

Whenever you exercised your options to hold shares, you entered into a market risk situation, and if the valuation of the company drops, so do the shares.

Yes. ESOPs are valuable to the employer in that the employer is able to retain the best talent, align employee interests with company goals, and preserve cash while rewarding performance.

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