Paragon Fine And Specialty Chemicals Limited

PARAGON

₹95-100

per share

Bidding Dates

26-30 Oct

Min. Investment

₹1,14,000.00

Lot Size

1200 shares

Issue Size

₹51.6599999 Cr

IPO Timeline

Bidding starts

26 Oct ‘23

Bidding ends

30 Oct ‘23

Allotment finalisation*

02 Nov ‘23

Refund initiation*

03 Nov ‘23

Demat transfer

03 Nov ‘23

Listing

03 Nov ‘23

* Refund is a 7-10 days process. If you don’t get refund then please contact your bank.

About Paragon Fine And Specialty Chemicals Limited IPO

Incorporated in 2004, Paragon Fine And Speciality Chemicals Limited is engaged in the business of custom synthesis and manufacturing of speciality chemical intermediates involving complex and differentiated chemistry. Over the years, they evolved into custom synthesis and manufacturing of Pharma Intermediates, AGRO intermediates, Cosmetics Intermediates, Pigment Intermediates and Dye Intermediates, etc. For a diverse base of Indian and global customers. Their diverse range of products finds applications across various industries, including pharma, agrochemicals, cosmetics, pigments and dyes. The company works with an approach towards chemistry combined with technology and systems that would lead to sustained product development.

Their manufacturing facility situated at Viramgam District, Ahmedabad, Gujarat is spread across approximately 7000 square metres. 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.

They are a One Star Export House exporting in countries like: USA, Israel, Spain, United Kingdom, China, Switzerland, Taiwan, Thailand, Mexico, Japan, Russia, France, Indonesia, Latvia, Germany etc

Paragon Fine And Speciality Chemicals Limited is set to debut its initial public offering (IPO). The proceeds generated from the Fresh Issue will be allocated towards the following objectives:

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

Here are key details about the Paragon Fine And Specialty Chemicals Limited IPO:

Company Name	Paragon Fine And Specialty Chemicals Limited	Company Type	Private
Company Incorporated in	2004	Paragon Fine And Specialty Chemicals Limited IPO Opening Date	26 October 2023
Paragon Fine And Specialty Chemicals Limited IPO Closing Date	30 October 2023	Paragon Fine And Specialty Chemicals Limited IPO Allotment Status	2 November 2023
Credit of Shares to the Demat Account	6 November 2023	Paragon Fine And Specialty Chemicals Limited IPO Listing Date	7 November 2023
Paragon Fine And Specialty Chemicals Limited IPO Face Value	₹10	Paragon Fine And Specialty Chemicals Limited IPO Lot Size	1200 Shares
Paragon Fine And Specialty Chemicals Limited IPO Issue Size	₹ 51. 66 Cr	Paragon Fine And Specialty Chemicals Limited IPO to be Listed on	NSE
Paragon Fine And Specialty Chemicals Limited IPO Price band	₹ 95 to ₹ 100 per share

IPO analysis

Registrar information

Name

Bigshare Services Pvt Ltd

Phone number

+91-022-62638200

Email ID

ipo@bigshareonline.com

Red herring prospectus

View documents submitted by company in filing to understand more details about them.

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