Paragon Fine IPO vs WomanCart IPO

Comparison between Paragon Fine IPO and WomanCart IPO.

IPO Details

Paragon Fine IPO is a SME Fixed Price IPO proposed to list at NSE SME while WomanCart 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 WomanCart IPO is up to ₹9.08 Cr. The final issue price of Paragon Fine IPO is ₹100.00 per share and of WomanCart IPO is ₹86.00 per share.

 Paragon Fine IPOWomanCart 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₹86.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1200 shares1600 shares
Fresh Issue Size49,04,400 shares10,56,000 shares
Fresh Issue Size (Amount)up to ₹49.04 Crup to ₹9.08 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total49,04,400 shares10,56,000 shares
Issue Size Total (Amount)up to ₹49.04 Crup to ₹9.08 Cr

IPO Timetable

Paragon Fine IPO opens on Oct 26, 2023, while WomanCart IPO opens on Oct 16, 2023. The closing date of Paragon Fine IPO and WomanCart IPO is Oct 30, 2023, and Oct 18, 2023, respectively.

 Paragon Fine IPOWomanCart IPO
Anchor Bid DateOct 25, 2023
Issue OpenOct 26, 2023Oct 16, 2023
Issue CloseOct 30, 2023Oct 18, 2023
Basis Of Allotment (Tentative)Nov 02, 2023Oct 23, 2023
Initiation of Refunds (Tentative)Nov 03, 2023Oct 25, 2023
Credit of Share (Tentative)Nov 06, 2023Oct 26, 2023
Listing date (Tentative)Nov 03, 2023Oct 27, 2023
Anchor Lockin End date 1Dec 02, 2023
Anchor Lockin End date 2Jan 31, 2024

Financials & KPIs

Paragon Fine IPO P/E ratio is 14.56, as compared to WomanCart IPO P/E ratio of 50.67.

 Paragon Fine IPOWomanCart 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 Standalone)

Period Ended31 Aug 202331 Mar 202331 Mar 202231 Mar 2021
Assets8.795.153.851.35
Total Income7.658.754.261.35
Profit After Tax0.540.470.21-0.18
NET Worth5.613.112.640.16
Reserves and Surplus2.512.001.53-0.19
Total Borrowing1.701.220.790.92
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)10078.01
Promoter Shareholding (Post-Issue)73.6057.40
P/E Ratio14.5650.67
Market Cap₹195.66 Cr.₹36.19 Cr.
ROE56.89%15.11%
ROCE38.86%17.97%
Debt/Equity0.10
EPS₹6.87₹1.70
RoNW44.2915.11%

Shares Offered

In the Paragon Fine IPO Retail Individual Investors (RII) are offered 17,17,200 shares while in WomanCart 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 WomanCart IPO.

 Paragon Fine IPOWomanCart IPO
Anchor Investor Reservation14,70,000 shares
Market Maker Reservation2,61,600 shares56,000 shares
QIB9,81,600 shares
NII7,35,600 shares5,28,000 shares
RII17,17,200 shares5,28,000 shares
Employee
Others
Total49,04,400 shares10,56,000 shares

Bids Received (Subscription)

Paragon Fine IPO subscribed 205.74x in total, whereas WomanCart IPO subscribed 67.48x.

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Paragon Fine IPO Vs WomanCart IPO