Patron Exim IPO Analysis at Chanakyanipothi.com,
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    Patron Exim IPO Guidance:
    Will update soon

     

    Patron Exim IPO Grey Market updates 
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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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