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LISTEDSMEDyes And PigmentsIncorporated2003

Paragon Fine And Speciality Chemicals IPO

Open 26th Oct 2023 · Close 30th Oct 2023 · Listing 3rd Nov 2023

Verified 2026-08-2489% data coverage
Issue Price₹100.00
Listing Price₹225.00
Current Price
Listing Gain125.00%
Current Return

At a glance

Updated 2026-08-24

Paragon Fine And Speciality Chemicals was incorporated in 2004 and operates in the Dyes And PigmentsIncorporated2003 segment. The shares listed at ₹225.00, a 125.00% move from the issue price. Paragon Fine And Speciality Chemicals is a SME IPO with an issue size of ₹51.66 crore, proposed for listing on NSE SME. The offer opens on 26th Oct 2023 and closes on 30th Oct 2023. The issue structure includes a fresh issue of ₹49.04 crore. The current listing schedule points to 3rd Nov 2023.

Issue details

Listing atNSE SME
Issue typeBook Build Issue
Issue size₹51.66 Cr
Fresh issue₹49.04 Cr
Face value₹10
Price band₹95.00–₹100.00
Allotment2nd Nov 2023
Listing3rd Nov 2023

Listing performance

Full performance ↗
Issue price₹100.00
Listing price₹225.00
Current price
Listing gain125.00%
Current return
Price progressionIssue → Listing → Current

Grey market

GMP page ↗
Latest GMP₹105.00
GMP / upper price105.00%
Est. listing₹205.00
GMP is unofficial sentiment data, not an exchange price.

Timeline

Opens26th Oct 2023
Closes30th Oct 2023
Allotment2nd Nov 2023
Refund3rd Nov 2023
Demat6th Nov 2023
Listing3rd Nov 2023

Subscription demand

Full bidding ↗
Total205.74×

Lot size

InvestorLotsSharesAmount
Minimum Bid11200₹120,000

Company

SectorDyes And PigmentsIncorporated2003
Incorporated2004

Use of proceeds

ObjectAmount
Funding capital expenditure towards civil construction work in the existing premises of factory₹1.00 Cr
Repayment in full or in part, of certain of the outstanding borrowings₹12.90 Cr
Funding Capital Expenditure towards installation of additional plant and machinery for Expansion₹7.87 Cr
Funding to meet working capital requirements₹13.00 Cr
General Corporate Purpose₹12.21 Cr

31 Mar 2021

Assets49.83
Total Income84.37
Profit After Tax4.40
NET Worth7.95
Reserves and Surplus7.85
Total Borrowing21.93

31 Mar 2022

Assets57.51
Total Income84.58
Profit After Tax4.49
NET Worth12.44
Reserves and Surplus12.34
Total Borrowing20.68

31 Mar 2023

Assets70.98
Total Income105.01
Profit After Tax9.89
NET Worth22.34
Reserves and Surplus18.74
Total Borrowing25.21

30 Jun 2023

Assets74.12
Total Income29.00
Profit After Tax3.62
NET Worth25.96
Reserves and Surplus22.36
Total Borrowing27.10
Trend chart₹ crore

KPIs

KPI
ROE
ROCE
RoNW
PAT Margin

Valuation & shareholding

Pre-IPO EPS6.87
Pre-IPO P/E14.56
Post-IPO P/E13.51
Promoter holding pre100%
Promoter holding post73.6%
Market cap₹195.66 Cr.

Issue expenses

ExpenseAmount
Lead Manger Fees₹0.52 Cr
Fees Payable to Registrar to the Issue₹0.03 Cr
Fees Payable for Advertising and Publishing Expenses₹0.35 Cr
Fees Payable to Regulators including Stock Exchanges₹0.07 Cr
Payment for Printing & Stationery, Postage, etc.₹0.03 Cr
Fees Payable to Auditor, Legal Advisors and other Professionals₹0.09 Cr
Others (Fees payable for Marketing & distribution expenses, Selling Commission, Brokerage, Processing Fees*, Underwriting fees and Miscellaneous Expenses)₹3.60 Cr

Registrar & lead managers

Registrar

Bigshare Services Pvt.Ltd.

Lead managers

  • Hem Securities Ltd.

Offer documents

Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-24.