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Paragon Fine and Speciality Chemical Limited IPO

Paragon Fine and Speciality Chemical Limited IPO they got into the game back in 2004, starting as a partnership. Fast forward to today, and they have grown into a custom synthesis and manufacturing powerhouse, specializing in creating unique chemical building blocks for various industries like pharmaceuticals, agriculture, cosmetics, pigments, and dyes. They are all about making special chemical building blocks that involve some pretty complicated and unique science and technology. They have built solid, long-lasting connections with different companies, and it's been a game-changer for us. They have been able to grow what they offer, improve how they do things, and reach more places. Their customers come from all sorts of industries, like pharmaceuticals, agrochemicals and fertilizers, water treatment, and cosmetics.

Company Promoters:

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

Objects of this Issue:

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

Financial Information of the Company:

Particular	Amount in Lakhs (Rs.)
	As on 31 March 2023	As on 31 Mar 2022	As on 31 Mar 2021
Total Assets	7,097.84	5,750.53	4,983.26
Total Liabilities	1,142.77	1,856.72	2,194.17
Net Profit	989.21	449.02	439.77

Paragon Fine and Speciality Chemical Limited IPO Schedule

1.     Bid or Offer Opens on: 26 October 2023
2.     Bid or Offer Closes on: 30 October 2023
3.     Finalization of BoA: 02 November 2023
4.     Initiation of Refunds: 03 November 2023
5.     Credit of shares to Demat account: 06 November 2023
6.     Listing Date: 07 November 2023

Paragon Fine and Speciality Chemical Limited IPO Lot Size

The market lot size of Paragon Fine and Speciality Chemical Limited IPO is 6000 shares. The minimum and maximum order quantity is as follows:

Company Contact Details:

1001/1, Parshwa Tower, Near Pakvan

Hotel, S.G. Highway, Bodakdev,

Ahmedabad, Gujarat- 380054, India

Phone: +917935335483

Email:  cs@paragonind.com

Website:  www.paragonind.com

Paragon Fine and Speciality Chemical Limited IPO Registrar Details:

BIGSHARE SERVICES PRIVATE LIMITED

S6-2, 6th Floor, Pinnacle Business Park, Mahakali Caves Road, Next to

Ahura Centre, Andheri East, Mumbai - 400 093, Maharashtra, India

Telephone:  +91 22 6263 8200

Email: ipo@bigshareonline.com

Website: www.bigshareonline.com