Paradeep Parivahan IPO: A Comprehensive Guide
The IPO market continues to buzz with activity, and Paradeep Parivahan IPO is the latest offering capturing investor attention. This comprehensive guide breaks down everything you need to know about the Paradeep Parivahan IPO, helping you make an informed decision.
What is Paradeep Parivahan Limited?
Founded in 2000, Paradeep Parivahan Limited is a port service provider specializing in logistics, ship husbandry, and stevedoring, located in Paradip Port, Odisha, India. They offer a range of services including cargo handling, ship husbandry, stevedoring, dredging, custom house clearance, and transportation.
The company operates across multiple locations, including Gopalpur, Paradip, Haldia, Visakhapatnam, Jajpur, Joda & Barbil, Chandikhol, Cuttack, and Talcher, catering to diverse sectors like cargo shipping, cement, steel, and railway siding. The company specializes in handling bulk cargo, transportation, logistics, and manpower supply services.
Key Services Offered:
- Cargo handling: Handling cargo and bulk cargo imports and exports.
- Ship husbandry: Services provided to well-known shipping lines.
- Stevedoring: A stevedoring contractor with one of the largest fleet owners on the east coast of India.
- Dredging: A division with ports in India and Southeast Asia.
- Custom house clearance: Providing custom house clearance and forwarding agency services.
- Transportation: Transportation from mines to ports and intraport transportation.
Paradeep Parivahan IPO Details
Paradeep Parivahan IPO is a book-built issue of Rs 44.86 crores, consisting entirely of a fresh issue of 45.78 lakh shares. The IPO bidding commenced on March 17, 2025, and concluded on March 19, 2025. The allotment is expected to be finalized on March 20, 2025, with a tentative listing date of March 24, 2025, on BSE SME.
Key IPO Information:
- IPO Dates: March 17, 2025 to March 19, 2025
- Listing Date: March 24, 2025 (Tentative)
- Face Value: ₹10 per share
- Issue Price Band: ₹93 to ₹98 per share
- Lot Size: 1,200 Shares
- Total Issue Size: 45,78,000 shares (aggregating up to ₹44.86 Cr)
- Fresh Issue: 45,78,000 shares (aggregating up to ₹44.86 Cr)
- Issue Type: Book Built Issue IPO
- Listing At: BSE SME
Subscription Details
The IPO opened for subscription on March 17, 2025, and closed on March 19, 2025.
IPO Timeline
March 17, 2025: IPO Opens | March 19, 2025: IPO Closes | March 20, 2025: Allotment Finalization | March 21, 2025: Refunds Initiation & Demat Credit | March 24, 2025: Tentative Listing Date
Lot Size and Investment
Investors can bid for a minimum of 1200 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1200 | ₹1,17,600 |
| Retail (Max) | 1 | 1200 | ₹1,17,600 |
| HNI (Min) | 2 | 2,400 | ₹2,35,200 |
Paradeep Parivahan IPO Reservation
Paradeep Parivahan IPO offers total 45,78,000 shares. Out of which 7,96,800 (17.4%) allocated to QIB, 5,97,600 (13.05%) allocated to NII, 13,93,200 (30.43%) allocated to RII and 11,92,800 (26.06%) allocated to Anchor investors.
| Investor Category | Shares Offered |
|---|---|
| Anchor Investor Shares Offered | 11,92,800 (26.06%) |
| Market Maker Shares Offered | 5,97,600 (13.05%) |
| QIB Shares Offered | 7,96,800 (17.4%) |
| NII (HNI) Shares Offered | 5,97,600 (13.05%) |
| Retail Shares Offered | 13,93,200 (30.43%) |
| Total Shares Offered | 45,78,000 (100%) |
Anchor Investors
Paradeep Parivahan IPO raised Rs 11.69 crore from anchor investors on March 13, 2025.
Anchor Investor Details:
- Bid Date: March 13, 2025
- Shares Offered: 11,92,800
- Anchor Portion Size: Rs 11.69 crore
Company Financials
Here's a snapshot of Paradeep Parivahan Limited's financial performance:
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 164.35 | 138.09 | 116.78 | 118.23 |
| Revenue | 137.94 | 211.62 | 202.81 | 188.69 |
| Profit After Tax | 5.18 | 15.02 | 6.56 | 2.84 |
| Net Worth | 59.89 | 54.71 | 34.65 | 28.1 |
Amount in ₹ Crore
Key Performance Indicators (KPI)
The market capitalization of Paradeep Parivahan IPO is Rs 156.00 Cr.
| KPI | Values |
|---|---|
| ROE | 33.62% |
| ROCE | 26.61% |
| Debt/Equity | 0.80 |
| RoNW | 33.62% |
| PAT Margin | 7.10 |
| Price to Book Value | 2.03 |
Objects of the Issue
The Company intends to utilize the Net Proceeds from the Issue towards the following objects:
- To Meet Working Capital Requirements.
- General corporate purposes.
Promoter Holding
The promoters of the Company are Mr. Khalid Khan, Ms. Fouzia Khan, Mr. Pravat Kumar Nandi and Ms. Parbati Priya Nandi
- Share Holding Pre Issue: 92.59%
- Share Holding Post Issue: To be updated
Company Contact Details
- Address: Room No 204 Above OBC Bank Street Port Town Paradeep, Jagatsinghpur -754142
- Phone: 06742590169
- Email: info@paradeepparivahan.com
- Website: Paradeep Parivahan Limited
IPO Registrar
Bigshare Services Pvt Ltd
- Phone: +91-22-6263 8200
- Email: jibu@bigshareonline.com
- Website: Bigshare Services Pvt Ltd
Lead Manager(s)
- Share India Capital Services Private Limited
Frequently Asked Questions (FAQs)
- What is the Paradeep Parivahan IPO?
Paradeep Parivahan IPO is a SME IPO of 4578000 equity shares of the face value of ₹10 aggregating up to ₹44.86 Crores. The issue is priced at ₹93 to ₹98 per share. The minimum order quantity is 1200. - When will the IPO open?
The IPO opens on March 17, 2025, and closes on March 19, 2025. - What is the lot size of Paradeep Parivahan IPO?
Paradeep Parivahan IPO lot size is 1200, and the minimum amount required is ₹1,17,600. - When is Paradeep Parivahan IPO allotment?
The finalization of Basis of Allotment for Paradeep Parivahan IPO will be done on Thursday, March 20, 2025, and the allotted shares will be credited to your demat account by Friday, March 21, 2025. - When is Paradeep Parivahan IPO listing date?
The tentative date of Paradeep Parivahan IPO listing is Monday, March 24, 2025.
Conclusion
The Paradeep Parivahan IPO presents an opportunity to invest in a growing port service provider with a strong foothold in the logistics sector. By understanding the company's financials, IPO details, and future prospects, investors can make informed decisions. Always conduct thorough research and consider your investment goals before applying for any IPO.