PDP Shipping IPO Analysis: A Comprehensive Guide for Investors
Are you considering investing in the PDP Shipping IPO? This comprehensive guide will walk you through everything you need to know, from the company's background and IPO details to financial performance and expert reviews. We aim to provide a balanced perspective to help you make an informed investment decision.
Understanding PDP Shipping & Projects Limited
Incorporated in 2009, PDP Shipping & Projects Limited offers comprehensive logistics solutions, including sea/air freight, customs clearance, and project logistics. As an Authorized Economic Operator (AEO), they facilitate global cargo transportation, focusing on specialized goods and key international markets.
- Multimodal Transport Operations (MTO): Flexible transport solutions via rail, road, and air.
- Air Freight: Strong relationships with global airline carriers for competitive rates.
- Ocean Freight: Coordination of freight shipping by sea, offering flexible schedules and shipment tracking.
- Packaging, Warehousing, Transportation & Distribution: Ensuring safe storage, timely delivery, and efficient inventory management.
Key IPO Details
Here’s a snapshot of the PDP Shipping IPO:
- IPO Date: March 10, 2025 to March 12, 2025
- Listing Date: March 18, 2025
- Face Value: ₹10 per share
- Issue Price: ₹135 per share
- Lot Size: 1,000 Shares
- Total Issue Size: 9,37,000 shares (aggregating up to ₹12.65 Cr)
- Listing At: BSE SME
Progress Tracker: PDP Shipping IPO Journey
IPO Subscription Details
The IPO allocated shares as follows:
| Investor Category | Shares Offered | Percentage |
|---|---|---|
| Market Maker | 47,000 | 5.02% |
| Other | 4,45,000 | 47.49% |
| Retail | 4,45,000 | 47.49% |
| Total | 9,37,001 | 100% |
Lot Size and Investment Details
Here’s a breakdown of the investment required:
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min/Max) | 1 | 1000 | ₹1,35,000 |
| HNI (Min) | 2 | 2,000 | ₹2,70,000 |
Company Financials (₹ Crore)
A look at PDP Shipping's financial performance:
| Period Ended | 30 Nov 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 12.32 | 8.26 | 6.22 | 4.22 |
| Revenue | 13.78 | 20.58 | 22.62 | 8.73 |
| Profit After Tax | 1.57 | 2.31 | 1.68 | 1.91 |
| Net Worth | 7.41 | 5.84 | 3.52 | 1.85 |
Key Performance Indicators (KPI)
Important metrics to consider:
| KPI | Value (as of Fri, Mar 31, 2023) |
|---|---|
| ROE | 39.62% |
| ROCE | 50.04% |
| Debt/Equity | 0.09 |
| PAT Margin | 7.48 |
| Price to Book Value | 4.71 |
Promoter and Shareholding
Promoter: Animesh Kumar
- Share Holding Pre Issue: 99.9986%
- Share Holding Post Issue: 68.50%
Objects of the Issue
The company intends to use the IPO proceeds for:
- Part funding long-term working capital requirements (₹100 Million)
- General corporate purposes (₹8 Million)
Company Information
- PDP Shipping & Projects Limited A-606, Mahavir Icon, Plot numbers 89 & 90, Sector 15, CBD Belapur, Navi Mumbai - 400 614 Phone: 022 2756 5053 Email: compliance@pdpprojects.com Website: https://www.pdpprojects.com/
Registrar Information
- Kfin Technologies Limited Phone: 04067162222, 04079611000 Email: pdp.ipo@kfintech.com Website: https://kosmic.kfintech.com/ipostatus/
Conclusion
The PDP Shipping IPO presents an opportunity to invest in a logistics solutions provider with a diversified service portfolio. However, potential investors should carefully consider the financial performance, competitive landscape, and risk factors before making a decision. This analysis provides a foundation for further research and evaluation. Always consult with a financial advisor before making investment decisions.