Paragon Fine SME IPO

Paragon Fine And Speciality Chemicals Limited

₹1,14,000 /1200 sharesMinimum Investment

Paragon Fine SME IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
26 Oct ‘23 - 30 Oct ‘23₹1,14,0001,200₹95 - ₹100
Issue SizeIPO Doc
51.66Cr
RHP PDF

About Paragon Fine SME

Paragon Fine specializes in custom synthesis and producing specialty chemical intermediates with intricate chemistry. It began as a partnership in 2004 and has since expanded its operations to encompass the custom synthesis and manufacturing of various intermediates, such as pharma, agro, cosmetics, pigment, and dye intermediates. Paragon Fine serves a diverse clientele both in India and worldwide. Their extensive product range serves multiple industries, including pharmaceuticals, agrochemicals, cosmetics, pigments, and dyes. Paragon Fine's manufacturing facility, located in Viramgam District, Ahmedabad, Gujarat, is equipped with reactors capable of producing various products. They employ various chemical compositions, such as acetylation, amination, catalytic hydrogenation, chlorosulfonation, methoxylation, nitration, amidation, ethoxylation, and sulphonation. This diverse range of chemical capabilities allows them to meet various end products and applications' specific and advanced intermediate needs.;
Founded in
2022
Managing director
Dr. Pravinchandra Jasmat Vasolia
Parent organisation
Paragon Fine And Speciality Chemicals Limited

Strengths & Financials of Paragon Fine SME

Strengths
Risks
Paragon Fine has exported its products to countries like the United States, Israel, Spain, the United Kingdom, China, Switzerland, Taiwan, the Netherlands, Thailand, Mexico, Japan, Russia, France, Indonesia, Latvia, Germany, and more.
Paragon Fine's R&D team has successfully expanded its product lineup from around 100 items in 2021 to about 140 products in 2023 through multi-step synthesis and scale-up.
Their products find applications in various industries, including pharmaceuticals, agrochemicals, cosmetics, pigments, and dyes. By March 31, 2023, they were marketing these 140 products to over 13 global customers in 12 countries, as well as approximately 75 domestic customers.
Their R&D laboratory features various analytical instruments, such as a high-performance liquid chromatograph, oven, weighing scale, ultrasonic cleaner, pH meter, magnetic stirrer with heating, auto burette set, vacuum pump, and fuming hood.
Paragon Fine's customer base spans multiple industries, including pharmaceuticals, agrochemicals, fertilizers, water treatment chemicals, cosmetics, textiles, specialty pigments and dyes, additives, and polymers.
Their profit after tax has shown a Compound Annual Growth Rate (CAGR) of 49.98%, rising from Rs. 4.40 crore in 2021 to Rs. 9.89 crore in 2023.

Paragon Fine SME Financials

*All values are in Rs. Cr
No Graph Data To Display

Application Details of Paragon Fine SME IPO

Apply asPrice bandApply upto
Regular95 - 100₹2 Lakh
High Networth Individual95 - 100₹2 - 5 Lakh
For Paragon Fine SME IPO, eligible investors can apply as Regular.
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