Paradeep Parivahan IPO Details
The key details of Paradeep Parivahan’s IPO are outlined below, covering all crucial aspects from price range to investment requirements and regulatory documents.
| IPO Size | ₹44.86 cr |
| Price Range | ₹93 – ₹98 |
| Retail Quota | 35% |
| QIB Quota | 50% |
| NII Quota | 15% |
| Employee Discount | -- |
| Listing at | BSE |
| Minimum Quantity | 1,200 |
| Investment (cut-off price) | ₹1,17,600 |
| Pre IPO Promotor Holding | 92.59% |
| Post IPO Promotor Holding | Update soon |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
Paradeep Parivahan IPO Timelines
The IPO process for Paradeep Parivahan includes key dates for participants to know. The timeline allows for strategic planning and participation, helping investors stay informed and engaged throughout the entire process.
17/03/2025
Start Date19/03/2025
End Date21/03/2025
Refund Initiation21/03/2025
Credit of Shares to Demat Ac24/03/2025
Listing DateParadeep Parivahan IPO Lot Size
The Paradeep Parivahan IPO has a fixed lot size of 1,200 shares, at an upper price band of ₹98 per share, requiring ₹117,600 per lot for retail investors. For HNI investors, the minimum application is 2,400 shares (2 lots) amounting to ₹235,200.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 1200 | ₹1,17,600 |
| Retail Maximum | 1 | 1200 | ₹1,17,600 |
| HNI Minimum | 2 | 2400 | ₹2,35,200 |
Paradeep Parivahan IPO Subscription Status
The subscription status for Paradeep Parivahan IPO shows market demand across different investor categories, providing valuable insights into the offering’s performance. You can track real-time subscription data below.
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| 1.33x | 2.65x | 1.66x | -- | 1.78x |
IPO Performance on Listing Day
On the listing day (March 24, 2025), Paradeep Parivahan made a disappointing debut on the stock exchange. The stock opened at ₹78.40, recording a significant discount of 20% from its issue price of ₹98. During the trading session, though initially under pressure testing a low of ₹74.48, the stock managed to recover some ground and reached a high of ₹82.32. The shares concluded their first trading day at ₹82.32, closing with a loss of 16% from the issue price, indicating cautious market sentiment towards this transportation company.
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹78.40 | ₹82.32 | ₹82.32 | ₹74.48 |
Paradeep Parivahan IPO Company Financials
Paradeep Parivahan IPO reports robust performance in FY2024 with Total Income of ₹211.62 crores, managing expenses at ₹190.75 crores, and achieving a strong PAT (Profit After Tax) of ₹15.02 crores, demonstrating significant growth potential ahead of its public offering.
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2022 | ₹188.69 | ₹184.93 | ₹2.84 |
| FY 2023 | ₹202.81 | ₹193.21 | ₹6.56 |
| FY 2024 | ₹211.62 | ₹190.75 | ₹15.02 |
| FY 2025 (6 M) | ₹137.94 | ₹131.02 | ₹5.18 |
About Company
Paradeep Parivahan Limited, established in 2000, is a prominent port service provider based in Paradip Port, Odisha, India. The company specializes in a range of services, including cargo handling, ship husbandry, stevedoring, dredging, and custom house clearance. With a strong presence in the logistics and transportation sectors, Paradeep Parivahan handles bulk cargo imports and exports, works with leading global shipping lines, and provides essential transportation services, such as moving goods from mines to ports. Additionally, the company offers services in sectors like cement, steel, and railway siding across various locations in India.
In addition to its logistics and transportation operations, Paradeep Parivahan is involved in manufacturing agricultural chemicals, particularly complex phosphatic fertilizers like diammonium phosphate. The company operates a significant fleet on the east coast of India and has a division for dredging in ports across India and Southeast Asia. By employing over 11,000 people, Paradeep Parivahan Limited supports industries ranging from cargo shipping to steel production, contributing to both regional and international trade.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2000 | Logistics | Khalid khan |
Know Before Investing
Paradeep Parivahan IPO Strengths
- Paradeep Parivahan offers specialized services in logistics, particularly in handling bulk cargo within ports. This specialization can attract clients seeking tailored solutions.
- Operating near major ports provides strategic advantages in terms of accessibility and efficiency in handling cargo, which can enhance operational efficiency.
- The logistics sector is experiencing growth due to increased trade volumes, providing a favorable market environment for expansion.
- The company’s leadership has experience in managing logistics operations, which is crucial for navigating complex supply chains and ensuring smooth service delivery.
- Paradeep Parivahan serves a diverse range of clients, including exporters and importers of bulk cargo, which helps maintain a stable revenue stream across different sectors.
- The company focuses on efficient operations, which can lead to cost savings and better profitability.
- Paradeep Parivahan likely benefits from a strong network of partners and suppliers, facilitating smoother operations and better service delivery.
- By specializing in bulk cargo handling, the company can differentiate itself from competitors and attract clients seeking specialized services.
Paradeep Parivahan IPO Risks
- India’s logistics sector faces significant infrastructure challenges, including poor road conditions and congested ports, which can lead to delays and increased costs for Paradeep Parivahan.
- Rising fuel prices and transportation costs can reduce profitability and make it difficult for the company to compete with international peers.
- Complex regulatory frameworks and fragmented market conditions can hinder operational efficiency and compliance.
- Disruptions to major transportation routes can impact operational efficiency and profitability.
- The logistics industry faces a shortage of skilled professionals, which can impact operational efficiency and innovation.
- Increasing environmental concerns and the need for sustainable practices can require significant investments in new technologies and processes.
- Economic instability can reduce demand for logistics services, impacting revenue and profitability.
- Delays at ports due to overcrowding can lead to extended turnaround times for ships, affecting the efficiency of operations.
- Geopolitical tensions can disrupt global supply chains, impacting the company’s ability to maintain consistent operations and profitability.
Swot Analysis for Paradeep Parivahan IPO
Strengths
Diverse Services, Strategic Location, Efficient cargo handling capabilities
Weaknesses
Labour-intensive operations, Highly capital-intensive business, Vulnerability to regulatory changes
Opportunities
Growing demand for logistics services, Strategic location within Paradip Port, Potential for expansion into new markets
Threats
Competition in logistics industry, Economic downturn risks, Fluctuations in government regulations
Company Details
Paradeep Parivahan Limited
Room No 204 Above OBC Bank Street Port, Town Paradeep, Jagatsinghpur -754142
Phone: 06742590169
Email: [email protected]
Website: https://www.paradeepparivahan.com/
IPO Registar Details
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: https://ipo.bigshareonline.com/IPO_Status.html
FAQs
The key objectives of Paradeep Parivahan IPO are:
- To Meet Working Capital Requirements
- General corporate purposes.
Share India Capital Services Private Limited is the book-running lead managers for the Paradeep Parivahan IPO.
Paradeep Parivahan’s growth potential is influenced by its industry positioning as a port service provider, which could benefit from increased maritime trade. The company’s growth strategy involves expanding its services, but risk factors include intense competition and regulatory challenges.
The issue price for the Paradeep Parivahan IPO is set between ₹93 and ₹98 per share.
To invest in one lot of Paradeep Parivahan IPO, you need ₹1,11,600 at the lower price band (₹93 per share) or ₹1,17,600 at the upper price band (₹98 per share) for a lot size of 1200 shares.
Paradeep Parivahan IPO shares are scheduled to be listed on the Bombay Stock Exchange (BSE) on March 24, 2025.
Refund/unblocking of funds for Paradeep Parivahan IPO will begin on March 21, 2025. ASBA/UPI blocks will be removed within 1 working day.
You can sell shares your Paradeep Parivahan IPO shares on listing day (March 24, 2025) after they are credited to your demat account. If you want to sell in the pre-open market, the timing for that session is from 9:00 AM to 9:15 AM. Otherwise, you can sell after 10:00 AM during regular trading hours.