Paradeep Parivahan Limited IPO is fully book build issue and total IPO size is ₹44.86 crores. The total offering consists of 4578000 shares.
The subscription period for the Paradeep Parivahan Limited IPO starts on March 17, 2025, and ends on March 19, 2025. The allotment process is expected to be finalized by March 20, 2025.
The Paradeep Parivahan Limited IPO is scheduled to list on BSE SME, with a listing date of March 24, 2025. The price band for the Paradeep Parivahan Limited IPO is ₹93 to ₹98 per share.
Registrar for this IPO is Bigshare Services Private Limited and lead managers for Paradeep Parivahan Limited IPO are Share India Capital Services Private Limited.
IPO Schedule
| IPO Open Date | Monday, 17 Mar, 2025 |
|---|---|
| IPO Close Date | Wednesday, 19 Mar, 2025 |
| IPO Allotment Date | Thursday, 20 Mar, 2025 |
| Refund Initiation | Friday, 21 Mar, 2025 |
| Share credit in Demat | Friday, 21 Mar, 2025 |
| Listing Date | Monday, 24 Mar, 2025 |
Key Details
| Price Band | ₹93 to ₹98 Per Share |
|---|---|
| Lot Size | 1200 Shares |
| Face Value | ₹10.00 Per Equity Share |
| Total Issue Size | ₹44.86 Crores |
| Fresh Issue | ₹44.86 Crores |
| Issue Type | Fresh Issue |
| Listing At | BSE SME |
Share Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB | 50% |
| Retail | 35% |
| NII/HNI | 15% |
Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1200 | 117,600 |
| Retail (Max) | 1 | 1200 | 117,600 |
| S-HNI (Min) | 2 | 2400 | 235,200 |
| S-HNI (Max) | 8 | 9600 | 940,800 |
About Paradeep Parivahan Limited Company
Paradeep Parivahan Limited (PPL), established in 2000 and located within Paradip Port, specializes in providing comprehensive logistics solutions. Originally focused on cargo handling and port operations, PPL has evolved into a complete 3PL provider, offering end-to-end services in the logistics and supply chain domain.
Our services include stevedoring, intra-port transportation, rack handling, high stacking, equipment supply, cargo transportation, and more. We also provide specialized services such as fertilizer bagging and rake loading, heavy earth moving equipment supply, and railway siding maintenance. Our mission is to exceed customer expectations by identifying opportunities to enhance their supply chain strategies, while maintaining the highest level of quality service.
PPL is dedicated to understanding customer needs and becoming the market leader in delivering world-class supply chain management solutions. We aspire to be a "One Stop Shop" for all logistics and trading related requirements, continually enhancing our technological standards and providing safe, profitable solutions. We have established a strong relationship with different transport service providers to provide our customers hassle free transportation from different locations.
Paradeep Parivahan Limited Financial Details
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 164.35 | 138.09 | 116.78 | 118.23 |
| Revenue | 137.51 | 211.27 | 202.48 | 187.97 |
| Profit After Tax | 5.18 | 15.02 | 6.56 | 2.84 |
| Net Worth | 59.89 | 54.72 | 34.65 | 28.10 |
| Reserves and Surplus | 48.55 | 43.37 | 29.40 | 22.85 |
| Total Borrowing | 46.21 | 35.09 | 36.11 | 47.17 |
₹ In Crore
Key Performance Indicator
| Basic EPS (in ₹) | Return on Net Worth (RoNW) | Net Asset Value (NAV) | Debt-Equity Ratio | Return on Equity (ROE) | Return on Capital Employed (ROCE) |
|---|---|---|---|---|---|
| 28.00 | 33.62% | 48.25 | 33.62% | 26.61 % |
Offer Objectives
The company proposes a public issue of 45,78,000 Equity Shares at a price of ₹ [●] per share. The Net Issue Proceeds, estimated at ₹ [●] Lakhs after deducting issue-related expenses of ₹ [●] Lakhs, will be utilized for:
1. Working Capital Requirements: ₹ 3,500.00 Lakhs (₹35 crore) for business growth and operational efficiency.
2. General Corporate Purposes: Up to 25% of gross proceeds (amounting to ₹ [●] Lakhs) for strategic initiatives and brand building, adhering to SEBI regulations. Funds for general corporate purposes will not exceed 25% of the gross proceeds.
The company confirms that there are no firm arrangements for finance through verifiable means towards at least 75% of the stated means of finance, excluding the amount to be raised from the proposed Issue.
Issue-related expenses include fees for the Lead Manager (including underwriting commission), Registrar, advertising, marketing, printing, regulators, peer review auditor, market maker, and Escrow Bank fees. Expenses deployed/incurred upto February 18, 2025, were ₹ 23.14 Lakhs.
The company aims to maintain a single denomination for its Equity Shares and will comply with SEBI's accounting and disclosure norms. Promoters and Promoter Group members will not participate in the issue. Transactions in Equity Shares by Promoters and the Promoter Group between the filing date of the Red Herring Prospectus and the Issue Closing Date will be reported to the Stock Exchange within twenty-four hours of such transaction.
The fund requirement and deployment are based on internal management estimates and have not been appraised by any bank or financial institution.
Company Details
Address:
Room No 204 Above OBC Bank Street Port Town Paradeep, Jagatsinghpur -754142, Odisha , India
Phone: 06742590169
Email: [email protected]
Website: http://www.paradeepparivahan.com
IPO Registrar Details
Bigshare Services Private Limited
Phone: +91 22 6263 8 300
Email: [email protected]
Website: http://www.bigshareonline.com
