Zerodha > Trade @ ₹20 (Free Delivery)Know More
Free Account Opening + AMC Free Demat

Arvind & Co.Shipping IPO vs Paragon Fine IPO

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.

 Arvind & Co.Shipping IPOParagon Fine IPO
LogoArvind & Co.Shipping IPO LogoParagon Fine IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceBookbuilding
Listing AtNSE SMENSE SME
Lead ManagersBeeline Capital Advisors Pvt.Ltd.Hem Securities Ltd.
RegistrarSkyline Financial Services Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerSpread X Securities Pvt.Ltd.Hem Finlease Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

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.

 Arvind & Co.Shipping IPOParagon 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 Size3000 shares1200 shares
Fresh Issue Size31,08,000 shares49,04,400 shares
Fresh Issue Size (Amount)up to ₹13.99 Crup to ₹49.04 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total31,08,000 shares49,04,400 shares
Issue Size Total (Amount)up to ₹13.99 Crup to ₹49.04 Cr

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 IPOParagon Fine IPO
Anchor Bid DateOct 25, 2023
Issue OpenOct 12, 2023Oct 26, 2023
Issue CloseOct 16, 2023Oct 30, 2023
Basis Of Allotment (Tentative)Oct 19, 2023Nov 02, 2023
Initiation of Refunds (Tentative)Oct 20, 2023Nov 03, 2023
Credit of Share (Tentative)Oct 23, 2023Nov 06, 2023
Listing date (Tentative)Oct 25, 2023Nov 03, 2023
Anchor Lockin End date 1Dec 02, 2023
Anchor Lockin End date 2Jan 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.

 Arvind & Co.Shipping IPOParagon Fine IPO
Financials

Arvind and Company Shipping Agency Limited Financial Information (Restated Standalone)

Arvind and Company Shipping Agency Limited's revenue increased by 153.77% and profit after tax (PAT) rose by 246.15% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets3,381.181,860.94578.46
Total Income841.10331.4452.51
Profit After Tax347.12100.2823.75
Net Worth914.05566.92467.61
Reserves and Surplus913.05565.92466.61
Total Borrowing2,232.211,221.04105.84
Amount in ₹ Lakhs

Paragon Fine And Speciality Chemicals Limited Financial Information (Restated)

Paragon Fine And Speciality Chemicals Limited's revenue increased by 24.16% and profit after tax (PAT) rose by 120.3% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended30 Jun 202331 Mar 202331 Mar 202231 Mar 2021
Assets7,412.197,097.845,750.534,983.26
Total Income2,900.4310,501.198,457.928,436.94
Profit After Tax362.16989.21449.02439.77
Net Worth2,595.672,233.521,244.31795.29
Reserves and Surplus2,235.671,873.521,234.31785.29
Total Borrowing2,709.672,521.032,068.162,193.00
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)100100
Promoter Shareholding (Post-Issue)7373.60
P/E Ratio9.7414.56
Market Cap₹54.62 Cr.₹195.66 Cr.
ROE46.88%56.89%
ROCE37.44%38.86%
Debt/Equity2.44
EPS₹4.62₹6.87
RoNW46.88%44.29

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 IPOParagon Fine IPO
Anchor Investor Reserveration14,70,000 shares
Market Maker Reserveration1,68,000 shares2,61,600 shares
QIB9,81,600 shares
NII15,54,000 shares7,35,600 shares
RII15,54,000 shares17,17,200 shares
Employee
Others
Total31,08,000 shares49,04,400 shares

Bids Received (Subscription)

Arvind & Co.Shipping IPO subscribed 385.03x in total, whereas Paragon Fine IPO subscribed 205.74x.

 Arvind & Co.Shipping IPOParagon Fine IPO
QIB (times)81.38x
NII (times)436.05x419.46x
Big NII (times)
Small NII (times)
RII (times)321.97x185.28x
Employee (times)
Other (times)
Total (times)385.03x205.74x