Patron Exim IPO Analysis at Chanakyanipothi.com,
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Patron Exim IPO Guidance:
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Patron Exim IPO Subscription Status
On 24 February 2023 @ 5.00 pm (Closed)
NII: 2932000 Shares, 0.97T
RII: 2932000 Shares, 1.17T
Total: 5864000 Shares 1.07T
Patron Exim: Company Details
The Company is engaged in the trading and distribution of wide range of pharmaceutical raw material
which is also known as APIs, industrial chemical, excipient and solvents.
Presently its product portfolio comprises of around 150 AIPs, Excipient, Pharma Chemical & Intermediates. It is also in the trading of variety of chemicals, such as, Petrochemicals, Dyes & Pigment Chemicals, Paints & Speciality Chemical, Agro Chemicals, Oil & Refinery Chemicals, Foam & Adhesive, Plywood & Laminates Chemical. The range of Chemicals also includes food industry & water treatment chemicals, resins & plastics chemicals, polymers and additives etc.
For more information about the company, Click www.patronexim.com
Patron Exim IPO Details | |
IPO opens on | 21 February 2023 |
IPO closes on | 24 February 2023 |
Issue Type | Book Built Issue IPO |
Issue Size | 6180000 Sh /Rs 16.69 Cr |
* Fresh Issue | 6180000 Sh /Rs 16.69 Cr |
* Offer for Sale | – Sh /Rs – Cr |
Face Value per share: | Rs. 10 |
Price Band | Rs.27 |
Employee discount | Rs. 0 per share |
Retail Lot Size | 4000 Shares |
Listing will at | BSE Sme |
Shares offered to | ||
Shares | Rs. (Cr) | |
QIB (0 %) | – | – |
NII (50 %) | 2932000 | 7.92 |
RII (50 %) | 2932000 | 7.92 |
Total Shares | 5864000 | 15.84 |
Retail portion will be oversubscribed by | 733 | |
Forms | ||
How much Shares to Apply? | ||
Min Retail Application | 4000 Sh | Rs. 108000 |
Max Retail Application | 8000 Sh | Rs. 216000 |
Promoters of the IPO
MR. NARENDRAKUMAR PATEL AND MRS. SUSHILABAHEN PATEL
Objects of the IPO:
The Company intends to utilize the Net Fresh Issue Proceeds to meet Working Capital requirements.
Patron Exim IPO Tentative timetable | |
IPO opens on | 21 February 2023 |
IPO Closes on | 24 February 2023 |
IPO Allotment on | 1 March 2023 |
Unblocking of ASBA | 2 March 2023 |
Credit of Shares | 3 March 2023 |
Listing on | 6 March 2023 |
Registered Office of Patron Exim 1, Safal Perlude, B/h Ashwaraj Bunglows, 100 FT Road, Prahladnagar, Vejalpur, Ahmedabad – 380015 |
IPO Lead Managers |
INTERACTIVE FINANCIAL SERVICES Ltd |
Registrar to the IPO |
BIGSHARE SERVICES Pvt. Ltd. |
Patron Exim IPO Financial & Analytical Ratios | ||||
Year | Total Income | Net Profit | EPS | RoNW |
Rs.in Cr | Rs.in Cr | Rs. | % | |
2019-20 | 25.16 | 0.02 | 0.08 | 0.85 |
2020-21 | 20.54 | 0.07 | 0.27 | 2.70 |
2021-22 | 5.02 | 0.83 | 1.62 | 16.15 |
Book Value of the Share on | 31.03.2022 | Rs.10 | ||
Book Value of the Share | after the IPO | Rs. | ||
Offer Price | Rs. 27 |
Ratio Analysis | |
Upper Price/last EPS | 16.67 |
Upper price/BV Ratio | 2.70 |
Upper price/BV after IPO |
Patron Exim IPO Peer Comparison:
As on date of DRHP | FV | Total | PE |
Rs. | Income | Ratio of | |
Rs. In Cr | |||
The IPO Company | 10 | 3.88 | 16.67 |
Vaishali Pharma | 10 | 77.61 | 38.03 |
Earum Pharma | 2 | 28.74 | 7.43 |
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