Comparison between Paragon Fine IPO and Shanthala FMCG Products IPO.
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.
| Paragon Fine IPO | Shanthala FMCG Products IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Hem Securities Ltd. | First Overseas Capital Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Hem Finlease Pvt.Ltd. | Bhh Securities Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
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.
| Paragon Fine IPO | Shanthala FMCG Products 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) | ₹100.00 per share | ₹91.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1200 shares | 1200 shares |
| Fresh Issue Size | 49,04,400 shares | 16,77,600 shares |
| Fresh Issue Size (Amount) | up to ₹49.04 Cr | up to ₹15.27 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 | 49,04,400 shares | 16,77,600 shares |
| Issue Size Total (Amount) | up to ₹49.04 Cr | up to ₹15.27 Cr |
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 |
Paragon Fine IPO P/E ratio is 14.56, as compared to Shanthala FMCG Products IPO P/E ratio of 25.66.
| Paragon Fine IPO | Shanthala FMCG Products IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | 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.
| Shanthala FMCG Products Limited Financial Information (Restated)Shanthala FMCG Products Limited's revenue increased by 25.28% and profit after tax (PAT) rose by 292.26% between the financial year ending with March 31, 2023 and March 31, 2022.
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| Promoter Shareholding (Pre-Issue) | 100 | 77.44 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.60 | 57.019 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 14.56 | 25.66 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹195.66 Cr. | ₹60.95 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 56.89% | 12.38% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 38.86% | 19% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 3.12 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹6.87 | ₹3.55 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 44.29 | 12.38% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 Reserveration | 14,70,000 shares | |
| Market Maker Reserveration | 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 |
| Employee | ||
| Others | ||
| Total | 49,04,400 shares | 16,77,600 shares |
Paragon Fine IPO subscribed 205.74x in total, whereas Shanthala FMCG Products IPO subscribed 3.91x.
| Paragon Fine IPO | Shanthala FMCG Products IPO | |
|---|---|---|
| QIB (times) | 81.38x | |
| NII (times) | 419.46x | 4.76x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 185.28x | 3.05x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 205.74x | 3.91x |
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