Paragon Fine And Speciality Chemicals  IPO Details

Open Date

26 Oct 2023

30 Oct 2023


₹51.66 Cr

Lot Size

IPO Size

Listing At


Listing Date

Price Range

₹95 to ₹100

Close Date

Allotment Date

02 Nov 2023

07 Nov 2023

IPO Details

The company, founded in 2004, is engaged in the bespoke synthesis and manufacture of specialty chemical intermediates involving sophisticated and specialized chemistry. For a diversified Indian and global customer base, the company manufactures Pharma Intermediates, AGRO Intermediates, Cosmetics Intermediates, Pigment Intermediates, and Dye Intermediates. The company's manufacturing unit is located in Viramgam District, Ahmedabad, Gujarat, and is roughly 7000 square meters in size. It is outfitted with high-end reactors for research and development of new goods.

About the Company

To fund capital expenditure for civil construction work in the existing premises of the factory and civil construction work in Viramgam, Gujarat. ●    To fund capital expenditure for the installation of additional plants and machinery for Expansion. ●    To repay the availed borrowings in full or part. ●    For working capital requirements. ●    General corporate purpose.


The book-running lead managers to the offer are: Hem Securities Ltd

Book Runners

Disclaimer Investment/Trading in securities Market is subject to market risk, past performance is not a guarantee of future performance. The risk of loss in trading and investment in Securities markets including Equites and Derivatives can be substantial.