Comparison between Arvind & Co.Shipping IPO and Paragon Fine IPO.
Arvind & Co.Shipping IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Paragon Fine IPO is a SME Bookbuilding proposed to list at NSE SME.
| Arvind & Co.Shipping IPO | Paragon Fine IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Beeline Capital Advisors Pvt.Ltd. | Hem Securities Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Spread X Securities Pvt.Ltd. | Hem Finlease Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Arvind & Co.Shipping IPO is up to ₹13.99 Cr whereas the issue size of the Paragon Fine IPO is up to ₹49.04 Cr. The final issue price of Arvind & Co.Shipping IPO is ₹45.00 per share and of Paragon Fine IPO is ₹100.00 per share.
| Arvind & Co.Shipping IPO | Paragon Fine 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) | ₹45.00 per share | ₹100.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 3000 shares | 1200 shares |
| Fresh Issue Size | 31,08,000 shares | 49,04,400 shares |
| Fresh Issue Size (Amount) | up to ₹13.99 Cr | up to ₹49.04 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 31,08,000 shares | 49,04,400 shares |
| Issue Size Total (Amount) | up to ₹13.99 Cr | up to ₹49.04 Cr |
Arvind & Co.Shipping IPO opens on Oct 12, 2023, while Paragon Fine IPO opens on Oct 26, 2023. The closing date of Arvind & Co.Shipping IPO and Paragon Fine IPO is Oct 16, 2023, and Oct 30, 2023, respectively.
| Arvind & Co.Shipping IPO | Paragon Fine IPO | |
|---|---|---|
| Anchor Bid Date | Oct 25, 2023 | |
| Issue Open | Oct 12, 2023 | Oct 26, 2023 |
| Issue Close | Oct 16, 2023 | Oct 30, 2023 |
| Basis Of Allotment (Tentative) | Oct 19, 2023 | Nov 02, 2023 |
| Initiation of Refunds (Tentative) | Oct 20, 2023 | Nov 03, 2023 |
| Credit of Share (Tentative) | Oct 23, 2023 | Nov 06, 2023 |
| Listing date (Tentative) | Oct 25, 2023 | Nov 03, 2023 |
| Anchor Lockin End date 1 | Dec 02, 2023 | |
| Anchor Lockin End date 2 | Jan 31, 2024 |
Arvind & Co.Shipping IPO P/E ratio is 9.74, as compared to Paragon Fine IPO P/E ratio of 14.56.
| Arvind & Co.Shipping IPO | Paragon Fine IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Standalone)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | 100 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73 | 73.60 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 9.74 | 14.56 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹54.62 Cr. | ₹195.66 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 46.88% | 56.89% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 37.44% | 38.86% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 2.44 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹4.62 | ₹6.87 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 46.88% | 44.29 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Arvind & Co.Shipping IPO Retail Individual Investors (RII) are offered 15,54,000 shares while in Paragon Fine IPO retail investors are offered 15,54,000 shares. Qualified Institutional Buyers (QIB) are offered in Arvind & Co.Shipping IPO and 9,81,600 shares in Paragon Fine IPO.
| Arvind & Co.Shipping IPO | Paragon Fine IPO | |
|---|---|---|
| Anchor Investor Reservation | 14,70,000 shares | |
| Market Maker Reservation | 1,68,000 shares | 2,61,600 shares |
| QIB | 9,81,600 shares | |
| NII | 15,54,000 shares | 7,35,600 shares |
| RII | 15,54,000 shares | 17,17,200 shares |
| Employee | ||
| Others | ||
| Total | 31,08,000 shares | 49,04,400 shares |
Arvind & Co.Shipping IPO subscribed 385.03x in total, whereas Paragon Fine IPO subscribed 205.74x.
| Arvind & Co.Shipping IPO | Paragon Fine IPO | |
|---|---|---|
| QIB (times) | 81.38x | |
| NII (times) | 436.05x | 419.46x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 321.97x | 185.28x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 385.03x | 205.74x |
