PARADEEP PHOSPHATES LTD. IPO was launched on 17-May-22. Here is all you need to know about this IPO.
Incorporated in 1981, Paradeep Phosphates is a manufacturer of non-urea fertilizers in India. The company is engaged in manufacturing, trading, distribution and sales of a variety of complex fertilizers. It is the second largest private sector manufacturer of non-urea fertilizers and Di-Ammonium Phosphate(DAP) in terms of volume sales for the nine months ended 31 December 2021.
PARADEEP PHOSPHATES LTD. IPO Details | |
---|---|
Issue Opening Date | 17-May-22 |
Issue Closing Date | 19-May-22 |
Issue Type | OFFERS FOR SALE CUM FRESH CAPITAL |
Issue Size (INR bn) | 15.0 |
Fresh Issue (No.of shares) | 239,047,619 |
Offer for Sale (No.of shares) | 118,507,493 |
Face Value (INR) | 10.00 |
IPO Price Band (INR) | 39 to 42 |
Market Lot (No.of shares) | 350 |
Min Order Quantity | 350 |
Listing At | BSE / NSE |
Pricing Method | BOOKBUILDING |
Year of Incorporation | 1981 |
Industry | FERTILIZERS |
Total Issue Size (No.of shares) | 357,555,112 |
Objects Of Issue | PART-FINANCING THE ACQUISITION OF THE GOA FACILITY #REPAYMENT/PREPAYMENT OF CERTAIN OF OUR BORROWINGS #GENERAL CORPORATE PURPOSES #OFFER EXPENSES (ONLY THOSE APPORTIONED TO COMPANY) |
Registrar Details | LINK INTIME INDIA PVT.LTD. |
PARADEEP PHOSPHATES LTD. IPO Timetable | |
---|---|
Bid/Offer Launch Date | 17-May-22 |
Bid/Offer Close Date | 19-May-22 |
Basis of Allotment Finalization Date | - |
Initiation of Refunds | - |
Credit of Shares to Demat Account | - |
Listing Date | 27-May-22 |
PARADEEP PHOSPHATES LTD. IPO Shares Offered | |
---|---|
Category | Shares Offered |
QIB | 178,777,555 |
HNI | 53,633,267 |
Retail | 125,144,290 |
Employee | - |
Others | - |
Total | 357,555,112 |
PARADEEP PHOSPHATES LTD. IPO Promoter Holding | |
---|---|
Pre Issue Share Holding | 100% |
Post Issue Share Holding | 56% |
PARADEEP PHOSPHATES LTD. Overall Subscription details (Times subscribed) | |
---|---|
Category | Subscription Status |
QIB | 1.99 |
HNI | 0.67 |
Retail | 0.86 |
Employee | - |
Others | - |
Total | 1.39 |
PARADEEP PHOSPHATES LTD. Date wise Subscription | |||||||
---|---|---|---|---|---|---|---|
Date | QIB | HNI | Retail | Employee | Mutual Funds | Others | Total |
Day 1 (17-May-22) | - | 0.07 | 0.60 | - | - | - | 0.52 |
Day 2 (18-May-22) | - | 0.21 | 1.00 | - | - | - | 0.68 |
Day 3 (19-May-22) | 1.79 | 0.86 | 1.44 | - | 34.07 | - | 1.62 |
PARADEEP PHOSPHATES LTD. Financials | ||||
---|---|---|---|---|
Year Ending | 31-Mar-18 | 31-Mar-19 | 31-Mar-20 | |
Total Income | (Rs m) | 38,166.90 | 43,972.10 | 42,277.80 |
Total Expenditure | (Rs m) | 35,931.70 | 41,457.30 | 39,973.90 |
Net Profit After Tax | (Rs m) | 1,505.90 | 1,590.50 | 1,505.90 |
Company Address | ORISSA STATE HANDLOOM WEAVERS'' CO-OP BUILDING, 5TH FLOOR, PANDIT J.N.MARG, BHUBANESWAR 751001, ODISHA |
Data Sourced from:
primedatabase.com is India's first and still the only database dedicated to the primary capital market. Started in 1989, Prime
continues to be the single source of comprehensive information on all capital market offerings.
Below is the schedule for the same:
PARADEEP PHOSPHATES LTD. IPO
IPO opens on: 17-May-22
IPO closes on: 19-May-22
The lot size of PARADEEP PHOSPHATES LTD. IPO is 350 shares. Investors will need to apply for a minimum order of 350 shares and in multiples thereof.
An investor can apply in PARADEEP PHOSPHATES LTD. IPO online using either UPI or Application Supported by Blocked Amount (ASBA) as payment method.
While ASBA IPO application is available in the net banking section, UPI IPO application is offered by brokers who don't offer banking services.
The tentative finalization of basis of allotment for PARADEEP PHOSPHATES LTD. IPO will be done on -, and the allotted shares will be credited to your demat account by -.
The tentative listing date of PARADEEP PHOSPHATES LTD. IPO is scheduled for 27-May-22.
Shares of PARADEEP PHOSPHATES LTD. are expected to list on BSE / NSE.
At present, one share of PARADEEP PHOSPHATES LTD. has a face value of Rs 10.00.
Equitymaster discusses why the world over investments in IPOs have very rarely made money for investors and the alternative full form of the acronym could denote this.
A check list investors must go through before investing in an equity issue.
Equitymaster discusses why investor in IPOs should be very careful about the valuations so that they do not overpay.
Equitymaster discusses whether some unique IPOs have the potential to elicit any investor interest.
After opening the day higher, Indian benchmark indices remained volatile as the session progressed and ended the day lower.