Maitreya Medicare Limited IPO vs Paragon Fine And Speciality Chemicals IPO

Comparision between Maitreya Medicare Limited IPO and Paragon Fine And Speciality Chemicals IPO.

IPO Details

Maitreya Medicare Limited IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Paragon Fine And Speciality Chemicals IPO is a SME Book Built Issue proposed to list at NSE SME.

	Maitreya Medicare Limited IPO	Paragon Fine And Speciality Chemicals IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	NSE SME	NSE SME
Lead Managers	GYR Capital Advisors Private Limited	Hem Securities Limited
Registrar	Link Intime India Private Ltd	Bigshare Services Pvt Ltd
Market Maker	Giriraj Stock Broking Private Limited	Hem Finlease Private Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Maitreya Medicare Limited IPO is up to ₹14.89 Cr whereas the issue size of the Paragon Fine And Speciality Chemicals IPO is up to ₹51.66 Cr. The final issue price of Maitreya Medicare Limited IPO is ₹82.00 per share and of Paragon Fine And Speciality Chemicals IPO is ₹100.00 per share.

	Maitreya Medicare Limited IPO	Paragon Fine And Speciality Chemicals IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹78.00 per share	₹95.00 per share
Issue Price (Upper)	₹82.00 per share	₹100.00 per share
Issue Price (Final)	₹82.00 per share	₹100.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1600 shares	1200 shares
Fresh Issue Size	18,16,000 shares	51,66,000 shares
Fresh Issue Size (Amount)	up to ₹14.89 Cr	up to ₹51.66 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	18,16,000 shares	51,66,000 shares
Issue Size Total (Amount)	up to ₹14.89 Cr	up to ₹51.66 Cr

IPO Timetable

Maitreya Medicare Limited IPO opens on Oct 27, 2023, while Paragon Fine And Speciality Chemicals IPO opens on Oct 26, 2023. The closing date of Maitreya Medicare Limited IPO and Paragon Fine And Speciality Chemicals IPO is Nov 01, 2023, and Oct 30, 2023, respectively.

	Maitreya Medicare Limited IPO	Paragon Fine And Speciality Chemicals IPO
Anchor Bid Date	Oct 26, 2023	Oct 25, 2023
Issue Open	Oct 27, 2023	Oct 26, 2023
Issue Close	Nov 01, 2023	Oct 30, 2023
Basis Of Allotment (Tentative)	Nov 06, 2023	Nov 02, 2023
Initiation of Refunds (Tentative)	Nov 07, 2023	Nov 03, 2023
Credit of Share (Tentative)	Nov 07, 2023	Nov 06, 2023
Listing date (Tentative)	Nov 07, 2023	Nov 03, 2023
Anchor Lockin End date 1	Dec 06, 2023	Dec 02, 2023
Anchor Lockin End date 2	Feb 04, 2024	Jan 31, 2024

Financials

Maitreya Medicare Limited IPO P/E ratio is 10.34, as compared to Paragon Fine And Speciality Chemicals IPO P/E ratio of 14.56.

Maitreya Medicare Limited IPO

Paragon Fine And Speciality Chemicals IPO

Financial

Maitreya Medicare Limited Financial Information (Restated Consolidated)

Maitreya Medicare Limited's revenue decreased by -19.69% and profit after tax (PAT) rose by 271.95% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	3,122.31	2,749.89	2,448.79	2,527.23
Revenue	2,484.51	3,994.91	4,974.41	5,704.44
Profit After Tax	254.05	422.65	113.63	424.34
Net Worth	1,118.31	864.26	471.11	386.22
Reserves and Surplus
Total Borrowing	520.21	585.12	750.25	919.05
Amount in ₹ Lakhs

Paragon Fine And Speciality Chemicals Limited Financial Information (Restated)

Paragon Fine And Speciality Chemicals Limited's revenue increased by 24.16% and profit after tax (PAT) rose by 120.3% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Jun 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	7,412.19	7,097.84	5,750.53	4,983.26
Revenue	2,900.43	10,501.19	8,457.92	8,436.94
Profit After Tax	362.16	989.21	449.02	439.77
Net Worth	2,595.67	2,233.52	1,244.31	795.29
Reserves and Surplus	2,235.67	1,873.52	1,234.31	785.29
Total Borrowing	2,709.67	2,521.03	2,068.16	2,193.00
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100%

Promoter Shareholding (Post-Issue)

73.20%

73.60%

P/E Ratio

10.34

14.56

Market Cap

₹55.56 Cr.

₹195.66 Cr.

ROE

50.15%%

56.89%%

ROCE

42.71%%

38.86%%

Debt/Equity

EPS

₹7.93

₹6.87

RoNW

45.49%%

44.29%

Shares Offered

In the Maitreya Medicare Limited IPO retail investors (RII) are offered 6,11,200 shares while in Paragon Fine And Speciality Chemicals IPO retail investors are offered 6,11,200 shares. Qualified institutional buyers (QIB) are offered 3,29,600 shares in Maitreya Medicare Limited IPO and 9,81,600 shares in Paragon Fine And Speciality Chemicals IPO.

	Maitreya Medicare Limited IPO	Paragon Fine And Speciality Chemicals IPO
Anchor Investor Reserveration	4,94,400 shares	14,70,000 shares
Market Maker Reserveration	1,08,800 shares	2,61,600 shares
QIB	3,29,600 shares	9,81,600 shares
NII	2,72,000 shares	7,35,600 shares
RII	6,11,200 shares	17,17,200 shares
Employee	0 shares	0 shares
Others
Total	12,12,800 shares	34,34,400 shares

Bids Received (Subscription)

Maitreya Medicare Limited IPO subscribed 446.79x in total, whereas Paragon Fine And Speciality Chemicals IPO subscribed 205.74x.

	Maitreya Medicare Limited IPO	Paragon Fine And Speciality Chemicals IPO
QIB (times)	85.41x	81.38x
NII (times)	744.03x	419.46x
Big NII (times)
Small NII (times)
RII (times)	509.40x	185.28x
Employee (times)
Other (times)
Total (times)	446.79x	205.74x

Compare with others

Maitreya Medicare Limited IPO	Paragon Fine And Speciality Chemicals IPO
Vrundavan Plantation IPO	KK Shah Hospitals IPO
Mish Designs IPO	Transteel Seating Technologies IPO
KK Shah Hospitals IPO	Benchmark Computer Solutions IPO
Transteel Seating Technologies IPO	Maitreya Medicare Limited IPO
Benchmark Computer Solutions IPO	Shanthala FMCG Products IPO
Shanthala FMCG Products IPO	On Door Concepts IPO
Paragon Fine And Speciality Chemicals IPO	Arvind and Company Shipping Agencies IPO
On Door Concepts IPO	WomanCart IPO
Arvind and Company Shipping Agencies IPO	Vivaa Tradecom IPO
WomanCart IPO	Karnika Industries IPO

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