Read on the application
This week is set to be the busiest for investors betting on IPOs. Paragon Fine & Specialty Chemicals’ IPO is opening on October 26, 2023. The IPO will be open to investors till 30 October 2023. Paragon Fine IPO is doing well in the gray market. Let’s know the details –
IPO Rs. 555 can be listed, investors’ wait is over, GMP is proud
What is a price band? (Paragon Fine & Specialty Chemicals IPO Price Band)
Paragon Fine’s IPO price band is Rs. 95 to Rs. 100 has been fixed. The company has placed 1200 shares in a lot, which requires investors to stake a minimum of Rs 1,20,000. A retail investor can subscribe only one lot. Allotment of Paragon Fine IPO shares will be done on 2 November 2023.
Ham Securities Limited has been appointed as the lead manager for the Paragon Fine IPO and Bigshare Services Pvt Ltd has been appointed as the registrar.
What is GMP? (Paragon Fine & Specialty Chemicals IPO GMP Today)
According to a top stockbroker report, the company’s shares traded in the gray market today at Rs. 55 is available at a premium. If this trend continues, Paragon Fine’s IPO at Rs. 155 can be listed. And investors can get 55 percent profit on the first day.