Phoenix Overseas IPO Details
| IPO Size | 36.03 |
| Price Range | ₹61 - ₹64 |
| Retail Quota | 42% |
| QIB Quota | 15% |
| NII Quota | 43% |
| Employee Discount | -- |
| Listing at | NSE |
| Minimum Quantity | 2000 |
| Investment (cut-off price) | ₹128,000 |
| Pre IPO Promotor Holding | 99.16% |
| Post IPO Promotor Holding | Update soon |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
Phoenix Overseas IPO Timelines
20/09/2024
Start Date24/09/2024
End Date26/09/2024
Refund Initiation26/09/2024
Credit of Shares to Demat Ac27/09/2024
Listing DatePhoenix Overseas IPO Lot Size
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 2000 | ₹128,000 |
| Retail Maximum | 1 | 2000 | ₹128,000 |
| HNI Minimum | 2 | 4000 | ₹256,000 |
Phoenix Overseas IPO Subscription Status
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| 65.74x | 109.71x | 148.43x | -- | 119.22x |
IPO Performance on Listing Day
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹64 | ₹60.80 | ₹64 | ₹60.80 |
Phoenix Overseas IPO Company Financials
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2022 | ₹378.28 | ₹368.71 | ₹3.91 |
| FY 2023 | ₹451.32 | ₹439.33 | ₹3.71 |
| FY 2024 | ₹549.15 | ₹536.18 | ₹5.38 |
About Company
Phoenix Overseas Ltd., founded on December 31, 2002, is a recognized trading house in India. The company engages in diverse sectors including commodity exports, manufacturing/exporting jute bags, handicrafts, and operating a multipurpose cold store.
The company focuses on global expansion with exports to countries like Bangladesh, UAE, USA, Europe, Australia, and Taiwan. Phoenix Overseas operates a Rice Bran Crude Solvent Extraction plant in a joint venture with Agro Products Pvt. Ltd. and a Bangladesh firm, KBC Agro Products Pvt. Ltd., and is setting up a Refinery Plant, expected to be operational by June 2012. The company is committed to delivering world-class quality and competitive pricing while continually innovating and expanding its market presence.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2002 | Trading | Aparesh Nandi |
Know Before Investing
Phoenix Overseas IPO Strengths
- The company boasts a management team with a strong track record in project management and implementation, ensuring efficient execution of initiatives and strategic goals.
- The company has established a robust position in the agro commodities trading segment, leveraging its expertise to navigate and capitalize on market opportunities.
- The company maintains long-term relationships with clients, resulting in repeat business and consistent revenue streams, reflecting strong customer satisfaction and loyalty.
Phoenix Overseas IPO Risks
- Heavy reliance on exports to Bangladesh exposes the company to risks from economic, regulatory, and social changes in the region.
- Dependence on a few key customers for significant revenue makes the company vulnerable to fluctuations in sales from these customers.
- Historical delays in filing required forms under the Companies Act, 1956 and 2013 may impact compliance and operations.
Swot Analysis for Phoenix Overseas IPO
Strengths
Weaknesses
Opportunities
Threats
Company Details
Phoenix Overseas Limited
13B Bidhan Sarani
Amherst St,
Kolkata,-700006
Phone: +913322198752
Email: [email protected]
Website: https://www.phxglobal.net/
IPO Registar Details
Cameo Corporate Services Limited
Phone: +91-44-28460390
Email: [email protected]
Website: https://ipo.cameoindia.com/
FAQs
The key objectives of Phoenix Overseas IPO are:
- Funding the working capital requirements
- Pursuing inorganic growth initiatives
- General corporate purposes
- Khandwala Securities Ltd
are the book-running lead managers for the Phoenix Overseas IPO.