Arvind and Company Shipping Agencies IPO vs Paragon Fine And Speciality Chemicals IPO

Comparision between Arvind and Company Shipping Agencies IPO and Paragon Fine And Speciality Chemicals IPO.

IPO Details

Arvind and Company Shipping Agencies 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.

	Arvind and Company Shipping Agencies IPO	Paragon Fine And Speciality Chemicals IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Book Built Issue
Listing At	NSE SME	NSE SME
Lead Managers	Beeline Capital Advisors Pvt Ltd	Hem Securities Limited
Registrar	Skyline Financial Services Private Ltd	Bigshare Services Pvt Ltd
Market Maker	Spread X Securities Private Limited	Hem Finlease Private Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor		Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Arvind and Company Shipping Agencies IPO is up to ₹14.74 Cr whereas the issue size of the Paragon Fine And Speciality Chemicals IPO is up to ₹51.66 Cr. The final issue price of Arvind and Company Shipping Agencies IPO is ₹45.00 per share and of Paragon Fine And Speciality Chemicals IPO is ₹100.00 per share.

	Arvind and Company Shipping Agencies IPO	Paragon Fine And Speciality Chemicals IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹95.00 per share
Issue Price (Upper)		₹100.00 per share
Issue Price (Final)	₹45.00 per share	₹100.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	3000 shares	1200 shares
Fresh Issue Size	32,76,000 shares	51,66,000 shares
Fresh Issue Size (Amount)	up to ₹14.74 Cr	up to ₹51.66 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	32,76,000 shares	51,66,000 shares
Issue Size Total (Amount)	up to ₹14.74 Cr	up to ₹51.66 Cr

IPO Timetable

Arvind and Company Shipping Agencies IPO opens on Oct 12, 2023, while Paragon Fine And Speciality Chemicals IPO opens on Oct 26, 2023. The closing date of Arvind and Company Shipping Agencies IPO and Paragon Fine And Speciality Chemicals IPO is Oct 16, 2023, and Oct 30, 2023, respectively.

	Arvind and Company Shipping Agencies IPO	Paragon Fine And Speciality Chemicals IPO
Anchor Bid Date		Oct 25, 2023
Issue Open	Oct 12, 2023	Oct 26, 2023
Issue Close	Oct 16, 2023	Oct 30, 2023
Basis Of Allotment (Tentative)	Oct 19, 2023	Nov 02, 2023
Initiation of Refunds (Tentative)	Oct 20, 2023	Nov 03, 2023
Credit of Share (Tentative)	Oct 23, 2023	Nov 06, 2023
Listing date (Tentative)	Oct 25, 2023	Nov 03, 2023
Anchor Lockin End date 1	Nov 18, 2023	Dec 02, 2023
Anchor Lockin End date 2	Jan 17, 2024	Jan 31, 2024

Financials

Arvind and Company Shipping Agencies IPO P/E ratio is 9.74, as compared to Paragon Fine And Speciality Chemicals IPO P/E ratio of 14.56.

Arvind and Company Shipping Agencies IPO

Paragon Fine And Speciality Chemicals IPO

Financial

Arvind and Company Shipping Agency Limited Financial Information (Restated Standalone)

Arvind and Company Shipping Agency Limited's revenue increased by 153.77% and profit after tax (PAT) rose by 246.15% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	3,381.18	1,860.94	578.46
Revenue	841.10	331.44	52.51
Profit After Tax	347.12	100.28	23.75
Net Worth	914.05	566.92	467.61
Reserves and Surplus	913.05	565.92	466.61
Total Borrowing	2,232.21	1,221.04	105.84
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%

73.60%

P/E Ratio

9.74

14.56

Market Cap

₹54.62 Cr.

₹195.66 Cr.

ROE

46.88%%

56.89%%

ROCE

37.44%%

38.86%%

Debt/Equity

2.44

EPS

₹4.62

₹6.87

RoNW

46.88%%

44.29%

Shares Offered

In the Arvind and Company Shipping Agencies IPO retail investors (RII) are offered 15,54,000 shares while in Paragon Fine And Speciality Chemicals IPO retail investors are offered 15,54,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Arvind and Company Shipping Agencies IPO and 9,81,600 shares in Paragon Fine And Speciality Chemicals IPO.

	Arvind and Company Shipping Agencies IPO	Paragon Fine And Speciality Chemicals IPO
Anchor Investor Reserveration		14,70,000 shares
Market Maker Reserveration	1,68,000 shares	2,61,600 shares
QIB	0 shares	9,81,600 shares
NII	15,54,000 shares	7,35,600 shares
RII	15,54,000 shares	17,17,200 shares
Employee	0 shares	0 shares
Others
Total	31,08,000 shares	34,34,400 shares

Bids Received (Subscription)

Arvind and Company Shipping Agencies IPO subscribed 385.03x in total, whereas Paragon Fine And Speciality Chemicals IPO subscribed 205.74x.

	Arvind and Company Shipping Agencies IPO	Paragon Fine And Speciality Chemicals IPO
QIB (times)		81.38x
NII (times)	436.05x	419.46x
Big NII (times)
Small NII (times)
RII (times)	321.97x	185.28x
Employee (times)
Other (times)
Total (times)	385.03x	205.74x

Compare with others

Arvind and Company Shipping Agencies IPO	Paragon Fine And Speciality Chemicals IPO
Benchmark Computer Solutions IPO	KK Shah Hospitals IPO
Maitreya Medicare Limited IPO	Transteel Seating Technologies IPO
Shanthala FMCG Products IPO	Benchmark Computer Solutions IPO
Paragon Fine And Speciality Chemicals IPO	Maitreya Medicare Limited IPO
On Door Concepts IPO	Shanthala FMCG Products IPO
WomanCart IPO	On Door Concepts IPO
Vivaa Tradecom IPO	Arvind and Company Shipping Agencies IPO
Karnika Industries IPO	WomanCart IPO
City Crops Agro IPO	Vivaa Tradecom IPO
Canarys Automations IPO	Karnika Industries IPO

Comments

Add a public comment...