Comparison between Arvind & Co.Shipping IPO and Paragon Fine IPO.
IPO Details
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.
Issue Size and Price
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.
IPO Timetable
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 |
Financials & KPIs
Arvind & Co.Shipping IPO P/E ratio is 9.74, as compared to Paragon Fine IPO P/E ratio of 14.56.
Shares Offered
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 |
| Total | 31,08,000 shares | 49,04,400 shares |
Bids Received (Subscription)
Arvind & Co.Shipping IPO subscribed 379.01x in total, whereas Paragon Fine IPO subscribed 144.07x.
