Paragon Fine IPO Subscription Details

Bookbuilding IPO | ₹52 Cr | Listed at NSE SME | Thu, Oct 26, 2023 - Mon, Oct 30, 2023

Basis of Allotment - Paragon Fine IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)9,81,60014,70,00024,51,6007,35,60017,17,20049,04,400
Allotment price (Rs.)100100100100100100
No.of applications50116115,8492,60,8012,76,711
No.of shares applied7,76,73,60014,70,0007,91,43,60031,08,07,20031,29,61,20070,29,12,000
Amount collected (Rs.cr.)776.74 14.70 791.44 3,108.07 3,129.61 7,029.12
No.of times subscribed79.131.0032.28422.52182.25143.32
No.of shares allotted9,81,60014,70,00024,51,6007,35,60017,17,20049,04,400
Amount (Rs.cr.)9.82 14.70 24.52 7.36 17.17 49.04
No.of allottees5011614681,4311,960

IPO Shares Offered

Paragon Fine IPO is a public issue of 0.49 Cr equity shares. The issue offers 0.17 Cr shares to retail investors, 0.25 Cr shares to qualified institutional buyers, and 0.07 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
Market Maker2,61,6002.62 5.06%
QIB 24,51,60024.52 47.46%
    Anchor 14,70,000 14.70 28.46%
    QIB (Ex Anchor) 9,81,600 9.82 19.00%
NII* 7,35,6007.36 14.24%
Retail17,17,20017.17 33.24%
Total51,66,00051.66 100%

Paragon Fine IPO Anchor Investor Allocation

A total of 14,70,000 shares at a price of Rs 100 per share will be allotted to the anchor investors.

Anchor investors bid opening dateOct 25, 2023
Anchor investor price₹100.00
Anchor investors as % of QIBs59.96%
No. of shares locked-in for 30 days7,35,000
No. of shares locked-in for 90 days7,35,000
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 SUBHKAM VENTURES (I) PVT.LTD. SUBHKAM VENTURES 2,67,600 2.68 18.20 5.18
2 VPK GLOBAL VENTURES FUND VPK 1,98,000 1.98 13.47 3.83
3 NOVA GLOBAL OPPORTUNITIES FUND PCC-TOUCHSTONE NOVA 1,48,800 1.49 10.12 2.88
4 MERU INVESTMENT FUND PCC-CELL 1 MERU INVESTMENT 1,50,000 1.50 10.20 2.90
5 MORGAN STANLEY ASIA (SINGAPORE) PTE. MORGAN STANLEY 1,00,800 1.01 6.86 1.95
6 CHHATTISGARH INVESTMENTS LTD. CHHATTISGARH INVESTMENTS 1,00,800 1.01 6.86 1.95
7 NAV CAPITAL VCC NAV CAPITAL 1,00,800 1.01 6.86 1.95
8 MAIQ GROWTH SCHEME MAIQ 1,00,800 1.01 6.86 1.95
9 LC RADIANCE FUND VCC LC RADIANCE 1,00,800 1.01 6.86 1.95
10 FINAVENUE GROWTH FUND FINAVENUE 1,00,800 1.01 6.86 1.95
11 NEXT ORBIT VENTURES FUND NEXT ORBIT 1,00,800 1.01 6.86 1.95
14,70,00014.7010028.46

IPO Subscription FAQs

The Paragon Fine IPO is subscribed 205.74 times by Oct 30, 2023 19:29.

Paragon Fine IPO Subscription

Investor Category Subscription (times)
Qualified Institutional81.38
Non Institutional419.46
Retail Individual185.28
Total Subscription205.74

Retail category of Paragon Fine IPO subscribed 185.28 times as of date Oct 30, 2023 19:29. The public issue closes on Mon, Oct 30, 2023 for bidding.

An investor can apply in Paragon Fine IPO online via bank (using ASBA) or the broker (using UPI). The Paragon Fine IPO shares are offered online only.

The Paragon Fine IPO is subscribed 205.74 times by Oct 30, 2023 19:29.

The Paragon Fine IPO allotment status is expected on or around Thursday, November 2, 2023. Visit Paragon Fine IPO allotment status to check.

The Paragon Fine IPO listing date is November 3, 2023. The equity share of Paragon Fine IPO will list on NSE SME.

Visit Paragon Fine IPO subscription status page for real-time bidding information about Paragon Fine IPO.

Paragon Fine IPO Timetable

IPO opens OnThursday, October 26, 2023
IPO Closes OnMonday, October 30, 2023
Finalisation of Basis of AllotmentThursday, November 2, 2023
Initiation of RefundsFriday, November 3, 2023
Credit of Shares to Demat AccountMonday, November 6, 2023
IPO Listing DateFriday, November 3, 2023
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