What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the current subscription status of Paragon Fine And Speciality Chemicals Limited IPO?

Paragon Fine And Speciality Chemicals Limited IPO has received a total subscription of 205.69 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Paragon Fine And Speciality Chemicals Limited

ListedSME

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

+110.0%

Est. Listing

₹210

at current GMP

Subscribed

205.69x

overall

Open

26 Oct 2023

30 Oct 2023

Allotment

31 Oct 2023

Refund

1 Nov 2023

Demat Credit

2 Nov 2023

Listing

3 Nov 2023

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

205.69x

Total Demand

QIB Multiplier

81.38x

Institutions & Funds

NII / HNI

419.78x

High Net-Worth

Retail (RII)

185.04x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 205.69x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
QIB	981,600	79,880,400	81.38x
NIB	735,600	308,790,000	419.78x
RETAIL	1,717,200	317,748,000	185.04x
Total	3,434,400	706,418,400	205.69x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 193.45x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	1,507	278,855	185.04x
HNIs (10L +)	10	4,198	419.78x
HNIs (2-10L)	46	19,310	419.78x
Total Applications	1,563	302,363	193.45x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

About Paragon Fine And Speciality Chemicals Limited Public Issue & Market Profile

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.

Bidding & Quota Instructions:

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.

Allotment Reconciliation Schedule:

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.

Frequently Asked Questions

What is Paragon Fine And Speciality Chemicals Limited IPO GMP today?

The latest Grey Market Premium (GMP) for Paragon Fine And Speciality Chemicals Limited IPO is ₹110 per equity share. Based on the upper price band of ₹95 to ₹100 per equity share, the estimated listing price is ₹210 (+110.0% expected listing gain).

What is the expected profit per lot for Paragon Fine And Speciality Chemicals Limited IPO?

With a lot size of 1200 shares and current GMP of ₹110, the expected profit per application lot is approx ₹1,32,000 (+110.0% gain). Minimum application cost is approx ₹1,20,000.

What is the issue size and price band for Paragon Fine And Speciality Chemicals Limited IPO?

The Paragon Fine And Speciality Chemicals Limited IPO aggregate issue size is ₹51.66 Crores with an equity price band set at ₹95 to ₹100 per equity share. The retail lot size is 1200 shares requiring a minimum capital outlay of approx. ₹1,20,000.

How can I check Paragon Fine And Speciality Chemicals Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 205.69x (Retail: 185.04x, QIB: 81.38x, NII: 419.78x). You can track live multiples directly on our dedicated subscription page.

Where and when will Paragon Fine And Speciality Chemicals Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2023-10-31. Investors can verify status using PAN card or application number.

When is the listing date for Paragon Fine And Speciality Chemicals Limited IPO?

Paragon Fine And Speciality Chemicals Limited shares are scheduled to list on NSE on 2023-11-03.