
Emerging SME Services · NSE
Incorporated in 2004, the company is engaged in custom synthesis and manufacturing of specialty chemical intermediates for Pharma, Agro, Cosmetics, Pigments, and Dyes, serving both Indian and global clients. Its manufacturing unit is located in Viramgam, Ahmedabad, Gujarat, spread across 7,000 square meters and equipped with advanced reactors for research and new product development. The company focuses strongly on innovation and multi-step synthesis, and its R&D team has developed multiple new molecules, expanding the product portfolio to around 140 products in FY 2023. As of March 31, 2023, the company has a team of 14 technocrats dedicated to research and development.
Price Band
₹95 – ₹100
Issue Size
₹51.66 Cr
Lot Size
1200 shares
GMP
+110.0%
Est. Listing
₹210
at current GMP
Subscribed
205.69x
overall
Open
26 Oct 2023
Close
30 Oct 2023
Allotment
31 Oct 2023
Refund
1 Nov 2023
Demat Credit
2 Nov 2023
Listing
3 Nov 2023
Last updated: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹100
Band: ₹95 – ₹100
Estimated Listing Price
₹210
Upper price + GMP
Lot Size
1200 shares
Min investment ₹1,20,000
Estimated Profit / Lot
₹1,32,000
1200 × ₹110
Grey Market Premium trend
+₹110
▲ 0 today
Updated 1 minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | +₹110 | 110.0% | ₹210 |
| 30 Oct 2026 | +₹110 | 110.0% | ₹210 |
| 29 Oct 2026 | +₹99 | 99.0% | ₹199 |
GMP is unofficial market data. Not a guarantee of listing performance.
Paragon Fine And Speciality Chemicals Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹51.66 Crores. The shares are offered at a price band of ₹95 to ₹100 per equity share on NSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2023-10-30, the basis of allotment is scheduled to be finalized on 2023-10-31. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Bigshare Services Private Limited) or the BSE allotment checking window.
The latest grey market premium for Paragon Fine And Speciality Chemicals Limited IPO is ₹110, which indicates an expected listing price of ₹210.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.