Comparison between Paragon Fine IPO and Shanthala FMCG Products IPO.
IPO Details
Paragon Fine IPO is a SME Fixed Price IPO proposed to list at NSE SME while Shanthala FMCG Products IPO is a SME Fixed Price proposed to list at NSE SME.
Issue Size and Price
The total issue size of Paragon Fine IPO is up to ₹49.04 Cr whereas the issue size of the Shanthala FMCG Products IPO is up to ₹15.27 Cr. The final issue price of Paragon Fine IPO is ₹100.00 per share and of Shanthala FMCG Products IPO is ₹91.00 per share.
IPO Timetable
Paragon Fine IPO opens on Oct 26, 2023, while Shanthala FMCG Products IPO opens on Oct 27, 2023. The closing date of Paragon Fine IPO and Shanthala FMCG Products IPO is Oct 30, 2023, and Oct 31, 2023, respectively.
| | Paragon Fine IPO | Shanthala FMCG Products IPO |
|---|
| Anchor Bid Date | Oct 25, 2023 | |
| Issue Open | Oct 26, 2023 | Oct 27, 2023 |
| Issue Close | Oct 30, 2023 | Oct 31, 2023 |
| Basis Of Allotment (Tentative) | Nov 02, 2023 | Nov 03, 2023 |
| Initiation of Refunds (Tentative) | Nov 03, 2023 | Nov 06, 2023 |
| Credit of Share (Tentative) | Nov 06, 2023 | Nov 07, 2023 |
| Listing date (Tentative) | Nov 03, 2023 | Nov 03, 2023 |
| Anchor Lockin End date 1 | Dec 02, 2023 | |
| Anchor Lockin End date 2 | Jan 31, 2024 | |
Financials & KPIs
Paragon Fine IPO P/E ratio is 14.56, as compared to Shanthala FMCG Products IPO P/E ratio of 25.66.
Shares Offered
In the Paragon Fine IPO Retail Individual Investors (RII) are offered 17,17,200 shares while in Shanthala FMCG Products IPO retail investors are offered 17,17,200 shares. Qualified Institutional Buyers (QIB) are offered 9,81,600 shares in Paragon Fine IPO and in Shanthala FMCG Products IPO.
| | Paragon Fine IPO | Shanthala FMCG Products IPO |
|---|
| Anchor Investor Reservation | 14,70,000 shares | |
| Market Maker Reservation | 2,61,600 shares | 88,800 shares |
| QIB | 9,81,600 shares | |
| NII | 7,35,600 shares | 8,38,800 shares |
| RII | 17,17,200 shares | 8,38,800 shares |
| Total | 49,04,400 shares | 16,77,600 shares |
Bids Received (Subscription)
Paragon Fine IPO subscribed 144.07x in total, whereas Shanthala FMCG Products IPO subscribed 3.90x.
