PDP Shipping IPO Details
The key details of PDP Shipping & Projects’s IPO are outlined below, covering all crucial aspects from price range to investment requirements and regulatory documents.
| IPO Size | ₹12.65 Cr |
| Price Range | ₹135 |
| Retail Quota | 50% |
| QIB Quota | -- |
| NII Quota | 50% |
| Employee Discount | -- |
| Listing at | BSE |
| Minimum Quantity | 1000 |
| Investment (cut-off price) | ₹1,35,000 |
| Pre IPO Promotor Holding | 99.99% |
| Post IPO Promotor Holding | 68.50% |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
PDP Shipping IPO Timelines
The IPO process for PDP Shipping & Projects 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.
10/03/2025
Start Date12/03/2025
End Date17/03/2025
Refund Initiation17/03/2025
Credit of Shares to Demat Ac18/03/2025
Listing DatePDP Shipping IPO Lot Size
The PDP Shipping & Projects IPO has a fixed lot size of 1,000 shares, at a fixed price band of ₹135 per share, requiring ₹135,000 per lot for retail investors. For HNI investors, the minimum application is 2,000 shares (2 lots) amounting to ₹270,000.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 1000 | ₹1,35,000 |
| Retail Maximum | 1 | 1000 | ₹1,35,000 |
| HNI Minimum | 2 | 2000 | ₹2,70,000 |
PDP Shipping IPO Subscription Status
The subscription status for PDP Shipping & Projects 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 |
|---|---|---|---|---|
| -- | 0.14x | 1.88x | -- | 1.01x |
IPO Performance on Listing Day
On the listing day (March 18, 2025), PDP Shipping made a disappointing debut on the stock exchange. The stock opened at ₹108.25, recording a significant discount of 19.8% from its issue price of ₹135. During the trading session, after opening at its day’s high, the stock faced continued selling pressure, declining to ₹102.85. The shares ended their first trading day at ₹102.85, posting a substantial loss of 23.8% from the issue price, reflecting weak market sentiment towards this shipping and logistics player.
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹108.25 | ₹102.85 | ₹108.25 | ₹102.85 |
PDP Shipping IPO Company Financials
PDP Shipping & Projects IPO reports robust performance in FY2024 with Total Income of ₹20.58 crores, managing expenses at ₹17.47 crores, and achieving a strong PAT (Profit After Tax) of ₹2.31 crores, demonstrating significant growth potential ahead of its public offering.
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2022 | ₹28.73 | ₹26.09 | ₹1.91 |
| FY 2023 | ₹22.6 | ₹20.33 | ₹1.68 |
| FY 2024 | ₹20.58 | ₹17.47 | ₹2.31 |
| FY 2025 (8 M) | ₹13.78 | ₹11.69 | ₹1.57 |
About Company
PDP Shipping & Projects Limited, established in 2009, specializes in providing comprehensive logistics solutions, including sea/air freight, customs clearance, and project logistics. As an Authorized Economic Operator (AEO), the company offers global cargo transportation across multiple modes such as sea, air, road, rail, and multimodal options. It operates an asset-light model, collaborating with third-party operators to deliver cost-effective and high-quality services for specialized goods, including machinery, defense equipment, and automobiles, with a strong focus on markets like Brazil, the USA, and South Korea.
The company’s business model is built around its Multi-Modal Transport Operator’s License (MTO), allowing it to offer flexible transportation via rail, road, and air. This includes full container load (FCL), less-than-container load (LCL), customs clearance, warehousing, and door delivery services. PDP Shipping also maintains strong partnerships with global airlines, ensuring competitive air freight rates and reliable transit times. In addition to freight forwarding, the company offers a variety of services such as packaging, warehousing, and last-mile distribution, ensuring safe and efficient delivery of goods domestically and internationally. As of January 2025, the company employs 18 people.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2009 | Logistics | Animesh Kumar |
Know Before Investing
PDP Shipping IPO Strengths
- The company has an efficient cash conversion cycle, which helps in managing working capital effectively and maintaining liquidity.
- The company operates in a niche segment of the logistics industry, which allows it to differentiate itself from larger competitors and focus on specialized services.
- PDP Shipping & Projects serves a diverse range of clients, which helps in maintaining a stable revenue stream across different sectors and reducing dependence on any single customer.
- The company has strong knowledge and expertise in logistics and shipping, allowing it to navigate complex supply chains efficiently.
- PDP Shipping & Projects offers integrated, end-to-end logistics services, which can attract clients seeking comprehensive solutions under one roof.
- The company benefits from a large existing network of partners and suppliers, facilitating smoother operations and better service delivery.
- The company has an efficient cash conversion cycle, which helps in managing working capital effectively and maintaining liquidity, crucial for operational efficiency.
PDP Shipping IPO Risks
- The shipping industry is subject to increasing environmental regulations, such as the EU Emissions Trading System and FuelEU Maritime, which can impact operational costs and compliance requirements.
- Political instability in regions like Africa and the Middle East can disrupt shipping routes and increase operational risks.
- Rising fuel costs can significantly impact profitability, as shipping companies often have limited ability to pass these costs on to customers.
- Increased trade volumes and infrastructure limitations can lead to congestion at key ports, affecting delivery times and operational efficiency.
- The shipping industry faces intense competition and overcapacity, which can lead to reduced freight rates and profitability.
- Meeting decarbonization targets requires significant investments in cleaner fuels and technologies, posing financial and operational challenges.
- Disruptions to major shipping routes, such as the Suez Canal or Cape of Good Hope, can impact transit times and operational costs.
Swot Analysis for PDP Shipping IPO
Strengths
Efficient cash conversion cycle, Strong financial returns, Strong Asset Management
Weaknesses
Raw material price volatility, Customer concentration risk, Dependence on Few Customer
Opportunities
Growing demand for logistics services, Expansion into new markets, Diversification of Services
Threats
Competition in logistics industry, Economic downturn risks, Fluctuating market conditions
Company Details
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: [email protected]
Website: https://www.pdpprojects.com/
IPO Registar Details
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://kosmic.kfintech.com/ipostatus/
FAQs
The key objectives of PDP Shipping IPO are:
- Part funding long-term working capital requirements
- General corporate purposes
Sun Capital Advisory Services (P) Ltd is the book-running lead managers for the PDP Shipping IPO.
PDP Shipping’s growth potential is uncertain due to fluctuating financial performance (revenue decline from ₹28.72 crore to ₹22.48 crore) and high volatility in profitability. Industry positioning in logistics could offer opportunities, but risks include inconsistent revenue growth.
The issue price for the PDP Shipping IPO is set to ₹135 per share.
To invest in one lot of PDP Shipping IPO, you need ₹1,35,000 at the fixed price band (₹135 per share) for a lot size of 1000 shares.
PDP Shipping IPO shares are scheduled to be listed on the Bombay Stock Exchange (BSE) on March 18, 2025.
Refund/unblocking of funds for PDP Shipping IPO will begin on March 17, 2025. ASBA/UPI blocks will be removed within 1 working day.
You can sell shares your PDP Shipping IPO shares on listing day (March 18, 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.