Paragon Fine IPO vs Transteel Seating Technologies IPO

Comparison between Paragon Fine IPO and Transteel Seating Technologies IPO.

IPO Details

Paragon Fine IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Transteel Seating Technologies IPO is a SME Bookbuilding 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 Transteel Seating Technologies IPO is up to ₹44.98 Cr. The final issue price of Paragon Fine IPO is ₹100.00 per share and of Transteel Seating Technologies IPO is ₹70.00 per share.

 Paragon Fine IPOTransteel Seating Technologies IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹95.00 per share₹67.00 per share
Issue Price (Upper)₹100.00 per share₹70.00 per share
Issue Price (Final)₹100.00 per share₹70.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1200 shares2000 shares
Fresh Issue Size49,04,400 shares60,70,000 shares
Fresh Issue Size (Amount)up to ₹49.04 Crup to ₹42.49 Cr
OFS Issue Size0 shares3,56,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹2.49 Cr
Issue Size Total49,04,400 shares64,26,000 shares
Issue Size Total (Amount)up to ₹49.04 Crup to ₹44.98 Cr

IPO Timetable

Paragon Fine IPO opens on Oct 26, 2023, while Transteel Seating Technologies IPO opens on Oct 30, 2023. The closing date of Paragon Fine IPO and Transteel Seating Technologies IPO is Oct 30, 2023, and Nov 01, 2023, respectively.

 Paragon Fine IPOTransteel Seating Technologies IPO
Anchor Bid DateOct 25, 2023Oct 27, 2023
Issue OpenOct 26, 2023Oct 30, 2023
Issue CloseOct 30, 2023Nov 01, 2023
Basis Of Allotment (Tentative)Nov 02, 2023Nov 05, 2023
Initiation of Refunds (Tentative)Nov 03, 2023Nov 05, 2023
Credit of Share (Tentative)Nov 06, 2023Nov 05, 2023
Listing date (Tentative)Nov 03, 2023Nov 06, 2023
Anchor Lockin End date 1Dec 02, 2023Dec 05, 2023
Anchor Lockin End date 2Jan 31, 2024Feb 03, 2024

Financials & KPIs

Paragon Fine IPO P/E ratio is 14.56, as compared to Transteel Seating Technologies IPO P/E ratio of 10.29.

 Paragon Fine IPOTransteel Seating Technologies IPO
Financials

Company Financials (Restated)

Period Ended30 Jun 202331 Mar 202331 Mar 202231 Mar 2021
Assets74.1270.9857.5149.83
Total Income29.00105.0184.5884.37
Profit After Tax3.629.894.494.40
NET Worth25.9622.3412.447.95
Reserves and Surplus22.3618.7412.347.85
Total Borrowing27.1025.2120.6821.93
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets100.6283.4736.0925.38
Total Income31.3359.6128.0722.88
Profit After Tax4.189.091.59-0.01
NET Worth28.6124.446.304.71
Reserves and Surplus15.2123.866.064.47
Total Borrowing38.5326.9113.279.89
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)10083.75
Promoter Shareholding (Post-Issue)73.6053.83
P/E Ratio14.5610.29
Market Cap₹195.66 Cr.₹141.25 Cr.
ROE56.89%37.21%
ROCE38.86%36.69%
Debt/Equity
EPS₹6.87₹6.80
RoNW44.2937.21%

Shares Offered

In the Paragon Fine IPO Retail Individual Investors (RII) are offered 17,17,200 shares while in Transteel Seating Technologies IPO retail investors are offered 17,17,200 shares. Qualified Institutional Buyers (QIB) are offered 9,81,600 shares in Paragon Fine IPO and 13,50,000 shares in Transteel Seating Technologies IPO.

 Paragon Fine IPOTransteel Seating Technologies IPO
Anchor Investor Reservation14,70,000 shares18,60,000 shares
Market Maker Reservation2,61,600 shares7,14,000 shares
QIB9,81,600 shares13,50,000 shares
NII7,35,600 shares9,66,000 shares
RII17,17,200 shares22,50,000 shares
Employee
Others
Total49,04,400 shares64,26,000 shares

Bids Received (Subscription)

Paragon Fine IPO subscribed 205.74x in total, whereas Transteel Seating Technologies IPO subscribed 49.21x.

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Paragon Fine IPO Vs Transteel Seating Technologies IPO