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.

	Paragon Fine IPO	Transteel Seating Technologies IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Bookbuilding	Bookbuilding
Listing At	NSE SME	NSE SME
Lead Managers	Hem Securities Ltd.	Pantomath Capital Advisors Pvt.Ltd.
Registrar	Bigshare Services Pvt.Ltd.	Bigshare Services Pvt.Ltd.
Market Maker	Hem Finlease Pvt.Ltd.	Gretex Share Broking Pvt.Ltd.
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

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 IPO	Transteel 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 Size	1200 shares	2000 shares
Fresh Issue Size	49,04,400 shares	60,70,000 shares
Fresh Issue Size (Amount)	up to ₹49.04 Cr	up to ₹42.49 Cr
OFS Issue Size	0 shares	3,56,000 shares
OFS Issue Size (Amount)	up to ₹0.00 Cr	up to ₹2.49 Cr
Issue Size Total	49,04,400 shares	64,26,000 shares
Issue Size Total (Amount)	up to ₹49.04 Cr	up 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 IPO	Transteel Seating Technologies IPO
Anchor Bid Date	Oct 25, 2023	Oct 27, 2023
Issue Open	Oct 26, 2023	Oct 30, 2023
Issue Close	Oct 30, 2023	Nov 01, 2023
Basis Of Allotment (Tentative)	Nov 02, 2023	Nov 05, 2023
Initiation of Refunds (Tentative)	Nov 03, 2023	Nov 05, 2023
Credit of Share (Tentative)	Nov 06, 2023	Nov 05, 2023
Listing date (Tentative)	Nov 03, 2023	Nov 06, 2023
Anchor Lockin End date 1	Dec 02, 2023	Dec 05, 2023
Anchor Lockin End date 2	Jan 31, 2024	Feb 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 IPO

Transteel Seating Technologies 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.

Period Ended	30 Jun 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	7,412.19	7,097.84	5,750.53	4,983.26
Total Income	2,900.43	10,501.19	8,457.92	8,436.94
Profit After Tax	362.16	989.21	449.02	439.77
Net Worth	2,595.67	2,233.52	1,244.31	795.29
Reserves and Surplus	2,235.67	1,873.52	1,234.31	785.29
Total Borrowing	2,709.67	2,521.03	2,068.16	2,193.00
Amount in ₹ Lakhs

Transteel Seating Technologies Limited Financial Information (Restated)

Transteel Seating Technologies Limited's revenue increased by 112.4% and profit after tax (PAT) rose by 471.64% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	10,062.18	8,347.06	3,609.10	2,538.33
Total Income	3,133.39	5,961.43	2,806.74	2,287.74
Profit After Tax	417.64	909.36	159.08	-0.59
Net Worth	2,860.86	2,444.11	629.71	470.63
Reserves and Surplus	1,521.41	2,385.87	605.91	446.82
Total Borrowing	3,853.15	2,691.10	1,326.75	988.55
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100

83.75

Promoter Shareholding (Post-Issue)

73.60

53.83

P/E Ratio

14.56

10.29

Market Cap

₹195.66 Cr.

₹141.25 Cr.

ROE

56.89%

37.21%

ROCE

38.86%

36.69%

Debt/Equity

EPS

₹6.87

₹6.80

RoNW

44.29

37.21%

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 IPO	Transteel Seating Technologies IPO
Anchor Investor Reserveration	14,70,000 shares	18,60,000 shares
Market Maker Reserveration	2,61,600 shares	7,14,000 shares
QIB	9,81,600 shares	13,50,000 shares
NII	7,35,600 shares	9,66,000 shares
RII	17,17,200 shares	22,50,000 shares
Employee
Others
Total	49,04,400 shares	64,26,000 shares

Bids Received (Subscription)

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

	Paragon Fine IPO	Transteel Seating Technologies IPO
QIB (times)	81.38x	12.15x
NII (times)	419.46x	122.88x
Big NII (times)
Small NII (times)
RII (times)	185.28x	39.82x
Employee (times)
Other (times)
Total (times)	205.74x	49.21x

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