ProStocks Logo
Unlimited Trades ₹899 Monthly
www.ProStocks.com
Contact us

Paragon Fine IPO vs Shanthala FMCG Products IPO

Comparison between Paragon Fine IPO and Shanthala FMCG Products IPO.

IPO Details

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

 Paragon Fine IPOShanthala FMCG Products IPO
LogoParagon Fine IPO LogoShanthala FMCG Products IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingFixed Price
Listing AtNSE SMENSE SME
Lead ManagersHem Securities Ltd.First Overseas Capital Ltd.
RegistrarBigshare Services Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerHem Finlease Pvt.Ltd.Bhh Securities Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Final ProspectusFinal Prospectus Final Prospectus
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Paragon Fine IPO is up to ₹49.04 Cr whereas the issue size of the Shanthala FMCG Products IPO is up to ₹15.27 Cr. The final issue price of Paragon Fine IPO is ₹100.00 per share and of Shanthala FMCG Products IPO is ₹91.00 per share.

 Paragon Fine IPOShanthala 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)₹0.00 per share₹0.00 per share
Market Lot Size1200 shares1200 shares
Fresh Issue Size49,04,400 shares16,77,600 shares
Fresh Issue Size (Amount)up to ₹49.04 Crup to ₹15.27 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total49,04,400 shares16,77,600 shares
Issue Size Total (Amount)up to ₹49.04 Crup to ₹15.27 Cr

IPO Timetable

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

 Paragon Fine IPOShanthala FMCG Products IPO
Anchor Bid DateOct 25, 2023
Issue OpenOct 26, 2023Oct 27, 2023
Issue CloseOct 30, 2023Oct 31, 2023
Basis Of Allotment (Tentative)Nov 02, 2023Nov 03, 2023
Initiation of Refunds (Tentative)Nov 03, 2023Nov 06, 2023
Credit of Share (Tentative)Nov 06, 2023Nov 07, 2023
Listing date (Tentative)Nov 03, 2023Nov 03, 2023
Anchor Lockin End date 1Dec 02, 2023
Anchor Lockin End date 2Jan 31, 2024

Financials & KPIs

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

 Paragon Fine IPOShanthala FMCG Products IPO
Financials

Company Financials (Restated)

Period Ended30 Jun 202331 Mar 202331 Mar 202231 Mar 2021
Assets74.1270.9857.5149.83
Total Income29.00105.0184.5884.37
Profit After Tax3.629.894.494.40
NET Worth25.9622.3412.447.95
Reserves and Surplus22.3618.7412.347.85
Total Borrowing27.1025.2120.6821.93
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Aug 202331 Mar 202331 Mar 202231 Mar 2021
Assets8.276.576.165.70
Total Income15.8640.7732.5539.56
Profit After Tax0.100.180.050.14
NET Worth5.491.431.251.21
Reserves and Surplus0.560.930.750.71
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%77.44%
Promoter Shareholding (Post-Issue)73.6%57.02%
P/E Ratio14.5625.66
Market Cap₹195.66 Cr.₹60.95 Cr.
ROE56.8912.38
ROCE38.8619
Debt/Equity3.12
EPS₹6.87₹3.55
RoNW44.2912.38

Shares Offered

In the Paragon Fine IPO Retail Individual 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 IPO and in Shanthala FMCG Products IPO.

 Paragon Fine IPOShanthala FMCG Products IPO
Anchor Investor Reservation14,70,000 shares
Market Maker Reservation2,61,600 shares88,800 shares
QIB9,81,600 shares
NII7,35,600 shares8,38,800 shares
RII17,17,200 shares8,38,800 shares
Total49,04,400 shares16,77,600 shares

Bids Received (Subscription)

Paragon Fine IPO subscribed 144.07x in total, whereas Shanthala FMCG Products IPO subscribed 3.90x.

 Paragon Fine IPOShanthala FMCG Products IPO
QIB (times)81.38x
NII (times)419.46x4.76x
RII (times)185.28x3.05x
Total (times)144.07x3.90x

Compare with others

Paragon Fine IPOShanthala FMCG Products IPO
KK Shah Hospitals IPOMish Designs IPO
Transteel Seating Technologies IPOKK Shah Hospitals IPO
Benchmark Computer IPOTransteel Seating Technologies IPO
Maitreya Medicare IPOBenchmark Computer IPO
Shanthala FMCG Products IPOMaitreya Medicare IPO
On Door Concepts IPOParagon Fine IPO
Arvind & Co.Shipping IPOOn Door Concepts IPO
WomanCart IPOArvind & Co.Shipping IPO
Vivaa Tradecom IPOWomanCart IPO
Karnika Industries IPOVivaa Tradecom IPO

Compare:

Paragon Fine IPO Vs Shanthala FMCG Products IPO