PDP Shipping & Projects Limited is a logistics company providing end-to-end solutions in the transport industry. Established in 2009, it specializes in sea and air freight, customs clearance, and project logistics. PDP Shipping & Projects’ IPO is a fresh issue of 9.37 lakh shares priced at ₹135 per share, aiming to raise ₹12.65 crore. The company offers comprehensive logistics services, including international freight forwarding and project cargo handling.
₹00
₹135
₹108.25
Expert Opinions
The market sentiment for PDP Shipping IPO is cautiously optimistic, driven by its strategic position in the logistics sector. The company’s strengths include its comprehensive logistics solutions, expertise in handling over-dimensional cargo, and strong technical capabilities in turnkey projects. However, risks such as high dependence on specific sectors like infrastructure and defense, regulatory risks, and competitive pricing pressures pose challenges.
In FY 2024, the company reported a Return on Equity (ROE) of 39.62%, a Return on Capital Employed (ROCE) of 50.04%, and a Return on Net Worth (RoNW) of 39.62%. From a long-term perspective, PDP Shipping & Projects’ growth potential is promising due to its asset-light model and specialized services, but investors should remain cautious about market volatility and competitive pressures. The company’s financial stability and strategic positioning could support long-term growth.
Investor Considerations
When considering the PDP Shipping & Projects IPO, investors should evaluate the company’s performance and fundamentals, which show a 32.79% increase in revenue to ₹8.26 crore in FY24. The sector outlook is promising due to growing demand for specialized logistics services. In FY24, the IPO valuation indicates a Price to Book Value of 4.71, a PAT Margin of 7.48%, and a Debt/Equity ratio of 0.09.
Growth prospects are enhanced by its expertise in handling over-dimensional cargo and a strong global network. However, risks include high dependence on specific sectors like defense and infrastructure, competitive pricing pressures, and operational risks in multimodal transportation. For investment, a long-term horizon is advisable to capitalize on potential growth in specialized logistics, as short-term gains may be uncertain due to market volatility and competitive pressures.
| Date | GMP | Trend |
|---|---|---|
| 17 Mar 2025 10.24 | ₹00 | --- |
| 15 Mar 2025 11.30 | ₹00 | --- |
| 13 Mar 2025 11.32 | ₹00 | --- |
| 12 Mar 2025 10.53 | ₹00 | --- |
| 11 Mar 2025 10.46 | ₹00 | --- |
FAQs
The Grey Market Premium showed moderate accuracy in predicting PDP Shipping & Projects’ listing sentiment, though missed the magnitude. While the GMP of ₹0 suggested weak market enthusiasm with a flat listing, the stock actually listed at a significant discount of 19.81%. With a prediction error of 19.81%, the GMP correctly indicated negative market sentiment but failed to capture the full extent of the downside, demonstrating partial reliability as a sentiment indicator in this case.
PDP Shipping IPO Current GMP is ₹00.
PDP Shipping IPO Expected Returns is 0.00%.
PDP Shipping IPO estimated listing price is ₹135.