Paragon Fine And Speciality Chemicals IPO vs Shanthala FMCG Products IPO

Comparision between Paragon Fine And Speciality Chemicals IPO and Shanthala FMCG Products IPO.

IPO Details

Paragon Fine And Speciality Chemicals IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Shanthala FMCG Products IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Paragon Fine And Speciality Chemicals IPO	Shanthala FMCG Products IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Fixed Price Issue
Listing At	NSE SME	NSE SME
Lead Managers	Hem Securities Limited	First Overseas Capital Limited
Registrar	Bigshare Services Pvt Ltd	Bigshare Services Pvt Ltd
Market Maker	Hem Finlease Private Limited	Bhh Securities Private Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Paragon Fine And Speciality Chemicals IPO is up to ₹51.66 Cr whereas the issue size of the Shanthala FMCG Products IPO is up to ₹16.07 Cr. The final issue price of Paragon Fine And Speciality Chemicals IPO is ₹100.00 per share and of Shanthala FMCG Products IPO is ₹91.00 per share.

	Paragon Fine And Speciality Chemicals IPO	Shanthala FMCG Products IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹95.00 per share
Issue Price (Upper)	₹100.00 per share
Issue Price (Final)	₹100.00 per share	₹91.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1200 shares	1200 shares
Fresh Issue Size	51,66,000 shares	17,66,400 shares
Fresh Issue Size (Amount)	up to ₹51.66 Cr	up to ₹16.07 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	51,66,000 shares	17,66,400 shares
Issue Size Total (Amount)	up to ₹51.66 Cr	up to ₹16.07 Cr

IPO Timetable

Paragon Fine And Speciality Chemicals IPO opens on Oct 26, 2023, while Shanthala FMCG Products IPO opens on Oct 27, 2023. The closing date of Paragon Fine And Speciality Chemicals IPO and Shanthala FMCG Products IPO is Oct 30, 2023, and Oct 31, 2023, respectively.

	Paragon Fine And Speciality Chemicals IPO	Shanthala FMCG Products IPO
Anchor Bid Date	Oct 25, 2023
Issue Open	Oct 26, 2023	Oct 27, 2023
Issue Close	Oct 30, 2023	Oct 31, 2023
Basis Of Allotment (Tentative)	Nov 02, 2023	Nov 03, 2023
Initiation of Refunds (Tentative)	Nov 03, 2023	Nov 06, 2023
Credit of Share (Tentative)	Nov 06, 2023	Nov 07, 2023
Listing date (Tentative)	Nov 03, 2023	Nov 03, 2023
Anchor Lockin End date 1	Dec 02, 2023	Dec 03, 2023
Anchor Lockin End date 2	Jan 31, 2024	Feb 01, 2024

Financials

Paragon Fine And Speciality Chemicals IPO P/E ratio is 14.56, as compared to Shanthala FMCG Products IPO P/E ratio of 25.66.

Paragon Fine And Speciality Chemicals IPO

Shanthala FMCG Products IPO

Financial

Paragon Fine And Speciality Chemicals Limited Financial Information (Restated)

Paragon Fine And Speciality Chemicals Limited's revenue increased by 24.16% and profit after tax (PAT) rose by 120.3% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Jun 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	7,412.19	7,097.84	5,750.53	4,983.26
Revenue	2,900.43	10,501.19	8,457.92	8,436.94
Profit After Tax	362.16	989.21	449.02	439.77
Net Worth	2,595.67	2,233.52	1,244.31	795.29
Reserves and Surplus	2,235.67	1,873.52	1,234.31	785.29
Total Borrowing	2,709.67	2,521.03	2,068.16	2,193.00
Amount in ₹ Lakhs

Shanthala FMCG Products Limited Financial Information (Restated)

Shanthala FMCG Products Limited's revenue increased by 25.28% and profit after tax (PAT) rose by 292.26% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 Aug 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	827.32	657.21	615.79	569.67
Revenue	1,585.58	4,077.25	3,254.57	3,955.67
Profit After Tax	10.15	17.73	4.52	14.41
Net Worth	549.32	143.22	125.49	120.97
Reserves and Surplus	56.15	93.22	75.49	70.97
Total Borrowing
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100%

77.44

Promoter Shareholding (Post-Issue)

73.60%

57.019

P/E Ratio

14.56

25.66

Market Cap

₹195.66 Cr.

₹60.95 Cr.

ROE

56.89%%

12.38%%

ROCE

38.86%%

19%%

Debt/Equity

3.12

EPS

₹6.87

₹3.55

RoNW

44.29%

12.38%%

Shares Offered

In the Paragon Fine And Speciality Chemicals IPO retail investors (RII) are offered 17,17,200 shares while in Shanthala FMCG Products IPO retail investors are offered 17,17,200 shares. Qualified institutional buyers (QIB) are offered 9,81,600 shares in Paragon Fine And Speciality Chemicals IPO and 0 shares in Shanthala FMCG Products IPO.

	Paragon Fine And Speciality Chemicals IPO	Shanthala FMCG Products IPO
Anchor Investor Reserveration	14,70,000 shares
Market Maker Reserveration	2,61,600 shares	88,800 shares
QIB	9,81,600 shares	0 shares
NII	7,35,600 shares	8,38,800 shares
RII	17,17,200 shares	8,38,800 shares
Employee	0 shares	0 shares
Others
Total	34,34,400 shares	16,77,600 shares

Bids Received (Subscription)

Paragon Fine And Speciality Chemicals IPO subscribed 205.74x in total, whereas Shanthala FMCG Products IPO subscribed 3.91x.

	Paragon Fine And Speciality Chemicals IPO	Shanthala FMCG Products IPO
QIB (times)	81.38x
NII (times)	419.46x	4.76x
Big NII (times)
Small NII (times)
RII (times)	185.28x	3.05x
Employee (times)
Other (times)
Total (times)	205.74x	3.91x

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Paragon Fine And Speciality Chemicals IPO	Shanthala FMCG Products IPO
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Shanthala FMCG Products IPO	Maitreya Medicare Limited IPO
On Door Concepts IPO	Paragon Fine And Speciality Chemicals IPO
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