Paradeep Parivahan IPO Logo

Paradeep Parivahan IPO

Live Updates, GMP, Subscription Data, and Financial Details

IPO Overview

Listed
Dates Mar 17 to Mar 19 2025
Price Band ₹98
Current GMP ₹78.4(-20.00%)
Subscription 1.78 times

IPO Details

IPO Date
March 17, 2025 to March 19, 2025
Listing Date
March 24, 2025
Face Value
₹10 per share
Issue Price
₹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
Share Holding Pre Issue
1,13,40,000 shares
Share Holding Post Issue
1,59,18,000 shares
Market Maker Portion
5,97,600 sharesShare India Securities Limited

IPO Subscription Details

Anchor Investors
1
Market Maker
1
Qualified Institutions
1.33
Non-Institutional Buyers***
2.65
Retail Investors
1.66
Total **
1.78

Day Wise Sub

DayDay 1 Mar 17, 2025
QIB0
NII*0.05
Retail0.18
Total0.1
DayDay 2 Mar 18, 2025
QIB0.26
NII*0.25
Retail0.46
Total0.36
DayDay 3 Mar 19, 2025
QIB1.33
NII*2.65
Retail1.66
Total1.78

Day Wise GMP

Date24-03-2025
Price98.00
GMP0(0.00%)
Estimate List Price98
Date23-03-2025
Price98.00
GMP0(0.00%)
Estimate List Price98
Date22-03-2025
Price98.00
GMP0(0.00%)
Estimate List Price98
Date21-03-2025
Price98.00
GMP0(0.00%)
Estimate List Price98
Date20-03-2025
Price98.00
GMP0(0.00%)
Estimate List Price98
Date19-03-2025
Price98.00
GMP0(0.00%)
Estimate List Price98
Date18-03-2025
Price98.00
GMP0(0.00%)
Estimate List Price98
Date17-03-2025
Price98.00
GMP0(0.00%)
Estimate List Price98
Date16-03-2025
Price98.00
GMP0(0.00%)
Estimate List Price98
Date15-03-2025
Price98.00
GMP0(0.00%)
Estimate List Price98
Date14-03-2025
Price98.00
GMP0(0.00%)
Estimate List Price98
Date13-03-2025
Price98.00
GMP0(0.00%)
Estimate List Price98
Date12-03-2025
Price98.00
GMP0(0.00%)
Estimate List Price98
Date11-03-2025
Price98.00
GMP0(0.00%)
Estimate List Price98
Date10-03-2025
Price98.00
GMP0(0.00%)
Estimate List Price98
Date09-03-2025
Price98.00
GMP0(0.00%)
Estimate List Price98
Date08-03-2025
Price98.00
GMP0(0.00%)
Estimate List Price98

IPO Important Dates

IPO Open Date
Mon, Mar 17, 2025
IPO Close Date
Wed, Mar 19, 2025
Tentative Allotment
Thu, Mar 20, 2025
Initiation of Refunds
Fri, Mar 21, 2025
Credit of Shares to Demat
Fri, Mar 21, 2025
Tentative Listing Date
Mon, Mar 24, 2025
Cut-off time for UPI mandate confirmation
5 PM on March 19, 2025

IPO Lot Size

ApplicationRetail (Min)
Lots1
Shares1200
Amount₹1,17,600
ApplicationRetail (Max)
Lots1
Shares1200
Amount₹1,17,600
ApplicationHNI (Min)
Lots2
Shares2,400
Amount₹2,35,200

Financial Information

Period EndedPeriod Ended
30 Sep 202430 Sep 2024
31 Mar 202431 Mar 2024
31 Mar 202331 Mar 2023
Period EndedAssets
30 Sep 2024164.35
31 Mar 2024138.09
31 Mar 2023116.78
Period EndedRevenue
30 Sep 2024137.94
31 Mar 2024211.62
31 Mar 2023202.81
Period EndedProfit After Tax
30 Sep 20245.18
31 Mar 202415.02
31 Mar 20236.56
Period EndedNet Worth
30 Sep 202459.89
31 Mar 202454.71
31 Mar 202334.65
Period EndedReserves and Surplus
30 Sep 202448.55
31 Mar 202443.37
31 Mar 202329.4
Period EndedTotal Borrowing
30 Sep 202446.21
31 Mar 202435.09
31 Mar 202336.11

IPO Reservation

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%)

Information about company

Founded in 2000, Paradeep Parivahan Limited is a port service provider specialising in logistics, ship husbandry, and stevedoring. They are located in the Paradip Port, Odisha, India. The company provides the following services:- Cargo handling:They handle cargo and bulk cargo imports and exports Ship husbandry:They provide services and work with some of the world's most well-known shipping lines. Stevedoring:They are a stevedoring contractor and one of the largest fleet owners on the east coast of India. Dredging: They have a division with ports in India and Southeast Asia. Custom house clearance:They provide custom house clearance and forwarding agency services. Transportation: They provide transportation from mines to ports and intraport 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 specialises in handling bulk cargo, transportation, logistics, and manpower supply services. It manufactures agricultural chemicals, particularly complex phosphatic fertilizers such as diammonium phosphate. As of March 2025, the company employs 1,1124 employees on payroll. Competitive Strength Experience & Expertise –With over two decades in the industry, they have deep knowledge of port operations and cargo handling. Extensive Network – Operating in major ports and industrial regions across eastern India. State-of-the-Art Infrastructure – Equipped with modern handling equipment, transport fleets, and skilled manpower. Customer-Centric Approach – Focused on delivering seamless supply chain solutions, emphasising quality and cost-effectiveness.

Objectives of IPO

The Company Paradeep Parivahan IPO proposes to utilise the Net Proceeds from the Issue towards the following objects: S.No. Objects of the Issue Expected Amount (in Millions) 1 To Meet Working Capital Requirements. 350 2 General corporate purposes.

Disclaimer

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