Paragon Fine IPO Review & Recommendations

Paragon Fine And Speciality Chemicals IPO Peer Comparison

Paragon Fine And Speciality Chemicals Limited peer comparison with similar listed entities. (Consolidated) (As on March 31, 2023)

Notes:

(i)Source - All the financial information for the listed industry peers mentioned above is sourced from the audited financial results of the aforesaid companies for the year ended March 31, 2023, and stock exchange data dated August 23, 2023, to compute the corresponding financial ratios. For the Company, they have taken the Current Market Price as the issue price of equity shares.

(ii)Further, P/E Ratio is based on the current market price of the respective scrips.

(iii)The EPS, NAV, RoNW and Total Income of the Company are taken as per the Restated Financial Statement for the Financial Year 2022-23 as adjusted with the effect of Bonus Issue. (iv)NAV per share is computed as the closing net worth divided by the closing outstanding number of paid-up equity shares as adjusted with the effect of Bonus Issue.

(v) P/E Ratio of the peer company is based on the audited financial results of the company for the financial year 2023 and stock exchange data dated August 23, 2023.

(vi)RoNW has been computed as net profit after tax divided by closing net worth.