Paragon Fine and Speciality Chemicals a company established in 2004 as a partnership firm has grown into a player, in the field of custom synthesis and manufacturing. They specialize in producing Pharma Intermediates, AGRO intermediates, Cosmetics Intermediates, Pigment Intermediates, Dye Intermediates and more. They have consistently excelled in product development by combining their dedication to chemistry with technology and systems. Their clients is diverse. Spans, across industries including pharmaceuticals, agrochemicals, cosmetics, pigments, and dyes – serving both international markets.
Their manufacturing plant, situated in the Viramgam District of Ahmedabad, Gujarat spans, across an area of, around 7000 meters. With its collection of reactors enabling the production of an array of products, this facility showcases their technical prowess.
Paragon Fine and Speciality Chemicals employ a variety of compositions, such, as Acetylation, Amination, Catalytic hydrogenation, Chlorosulfonation, Methoxylation, Nitration, Amidation, Ethoxylation and Sulphonation. This extensive range of chemical processes allows them to meet the needs of different end products and applications.
Paragon Fine and Speciality Chemicals success is greatly attributed to their, in-house research and development (R&D) efforts. They have state-of-the-art laboratories that focus on developing and innovating processes as well as screening new chemical compounds. This capability allows them to enhance processes throughout the journey from concept to final product launch. The Department of Scientific and Industrial Research has acknowledged their commitment to innovation. With a team of 14 technocrats holding various degrees such, as Bachelor of Science, Master of Science B. Pharma, and Bachelor of Engineering, Paragon Fine and Speciality Chemicals continues to expand their range of products.
As of March 31, 2023, their range of commercialized products has expanded from, about 100 in Fiscal 2021 to 140 in Fiscal 2023. Paragon Fine and Speciality Chemicals proudly operate as an Export House with a One Star rating reaching out to countries like the USA, Israel, Spain, the United Kingdom, China, Switzerland, Taiwan, Thailand, Mexico, Japan, Russia, France, Indonesia, Latvia, Germany and more. Their global presence reflects their dedication to providing high-quality speciality chemical intermediates, to a customer base.
Paragon Fine and Speciality Chemicals IPO Complete Details:
Paragon Fine and Speciality Chemicals IPO Timetable:
Company Financial Details:
AS OF NOW, the GMP OF Paragon Fine and Speciality Chemicals is Around 99 Rs.
Objects Of Issue:
- Allocating financial resources for civil construction within the existing factory premises.
- Providing capital for civil construction endeavours at Plot No. 10/A, located in Survey No. 1359 and 1360, Village-Viramgam, Taluka-Viramgam, District-Ahmedabad-382150, Gujarat.
- Repaying, either partially or in full, specific outstanding loans.
- Securing capital for the installation of additional plant and machinery as part of an expansion initiative.
- Obtaining funds to address the requirements of working capital.
- Utilizing funds for general corporate purposes.
Promoters:
1. Dr. Pravinchandra Jasmat Vasolia:
- Age: 57 years
- Role: Managing Director and founder of the Company
- Educational Background: Received a Ph.D. In law, from Saurashtra University in 2009 an LLM degree from Saurashtra University in 2002, and a B.Com degree from N.P Arts and Commerce College, Saurashtra University in 1986.
- Experience: Accumulated 32 years of experience in the fields of chemical industry, finance and law.
2. Kishorkumar Panchabhai Patolia;
- Age: Aged 54
- Role: Whole Time Director and co-founder of the Company
- Educational Background: Completed a Master of Science degree in Pathology and Microbiology at M.P Shah Medical College in 1995.
- Experience: Acquired around 30 years of expertise encompassing chemistry, pathology, marketing and management.
3. Vallabh Ratanji Savalia:
- Age: at the age of 60
- Role: Whole Time Director and co-founder of the Company
- Educational Background: Holds a bachelor’s degree (B.E) in Chemical Engineering from Bangalore University since 1987.
- Experience: Possesses 35 years of experience, within the chemical industry.
4. Rutesh Vallabhbhai Savalia;
- Age: 32 years
- Role: Whole Time Director and a promoter of the Company
- Educational Background: Completed a Master of Science, in Chemistry in 2014 from the Indian School of Mines Dhanbad. Also obtained a Post Graduate Diploma in Marketing in 2021 from NMIMS University. Currently pursuing a Ph.D. In Organic Chemistry from the Institute of Chemical Technology ( Mumbai.
- Work Experience: About 5 years of experience in marketing and research and development, within the field of chemistry.
5. Shivam Kishorbhai Patolia:
- Age: 24 years
- Position: Whole Time Director and promoter of the Company
- Educational Qualifications: Master of Science with merit in Investment and Wealth Management (2022) from Imperial College of Science, Technology and Medicine, London
- Experience: Approximately 1 year in engineering
FAQs:
When Paragon Fine and Speciality Chemicals IPO is Opening?
Paragon Fine and Speciality Chemicals IPO is Opening on 26 October 2023.
When Paragon Fine and Speciality Chemicals IPO is Closing?
Paragon Fine and Speciality Chemicals IPO is Closing on 30 October 2023.
What is the IPO Issue Size of Paragon Fine and Speciality Chemicals?
The IPO Issue Size of Paragon Fine and Speciality Chemicals is 51.66 Crore
Price Band of Paragon Fine and Speciality Chemicals IPO?
The price Band of Paragon Fine and Speciality Chemicals IPO is 95 to 100 rupees per share.
What is the minimum investment for a Paragon Fine and Speciality Chemicals IPO?
The minimum investment for Paragon Fine and Speciality Chemicals IPO is 120,000 Rupees.
Allotment Date of Paragon Fine and Speciality Chemicals IPO?
The Allotment of Paragon Fine and Speciality Chemicals IPO is on 02 November 2023.
Listing Date of Paragon Fine and Speciality Chemicals IPO?
The Listing Of Paragon Fine and Speciality Chemicals is Scheduled on 07 November 2023.
One Should Apply for Paragon Fine and Speciality Chemicals IPO or Not?
will update soon
How to apply for Paragon Fine and Speciality Chemicals IPO through the Zerodha Application?
Open Zerodha Application ——–> At the Bottom Click on Orders ——–> Then at the Top Click on IPO ——–> Find Paragon Fine and Speciality Chemicals IPO from the list ——–> Then Click Apply Button ——–> Select Investor Type(Individual) ——–> Enter Your UPI ID ——–> Select @ Extension ——–> Click on Cut-Off Price Box ——–> Enter Quantity ——–>Tick Check Box Of Terms and Conditions ——–> Drag Submit IPO Button On Right Side ——–> Accept IPO Mandate Received in Your UPI Application.
How to apply for Paragon Fine and Speciality Chemicals IPO through the Upstox Application?
Open Upstox Application ——–> At the Bottom Click on Invest ——–> Then Click On “View ongoing IPO” ——–> Find Paragon Fine and Speciality Chemicals IPO from the list ——–> Then Click Apply Button ——–> Enter Your UPI ID ——–> Select Investor Type ——–> Enter the Number of Lots to Purchase ( ENTER 1) ——–> Click on Cut-Off Price Box ——–>Tick Check Box Of Terms and Conditions ——–> Click on Continue ——–> Click on Confirm And Apply ——–> Accept IPO Mandate Received in Your UPI Application.
How to apply for Paragon Fine and Speciality Chemicals IPO through Angel One Application?
Open Angel One Application ——–> At the Bottom Click on Home ——–> Click on IPO Button ——–> Find Paragon Fine and Speciality Chemicals IPO from the list ——–> Click on Paragon Fine and Speciality Chemicals IPO Name ——–> Click on Apply Now ——> Enter Lot (1) ——–> Select Investor Type ——–> Enter UPI ID ——–> Click on “Apply For IPO” —>Click On Proceed ——–> Accept IPO Mandate Received in Your UPI Application.
Who is Paragon Fine and Speciality Chemicals Lead Manager?
Hem Securities Limited is the Lead Manager of Paragon Fine and Speciality Chemicals.
Where To Check the Allotment of Paragon Fine and Speciality Chemicals IPO?
The allotment status for the Paragon Fine and Speciality Chemicals IPO will be accessible on the Bigshare Services Private Limited Website.
Paragon Fine and Speciality Chemicals IPO is going to be listed at?
Paragon Fine and Speciality Chemicals IPO is going to be listed at NSE SME.
What is the Lot Size of the Paragon Fine and Speciality Chemicals IPO?
The lot size of the Paragon Fine and Speciality Chemicals IPO is 1200 Shares.
What is the EPS of Paragon Fine and Speciality Chemicals IPO?
The EPS of Paragon Fine and Speciality Chemicals is 6.87 Rupees.
What is the P/E Ratio of Paragon Fine and Speciality Chemicals IPO?
The P/E Ratio of Paragon Fine and Speciality Chemicals is 14.56.
What is the ROE of a Paragon Fine and Speciality Chemicals IPO?
The ROE of a Paragon Fine and Speciality Chemicals IPO is 56.89%.
What is the ROCE of a Paragon Fine and Speciality Chemicals IPO?
The ROCE of a Paragon Fine and Speciality Chemicals IPO is 38.86%.
