Paradeep Parivahan IPO Details

Bookbuilding IPO | ₹45 Cr | Listed at BSE SME | Mon, Mar 17, 2025 - Wed, Mar 19, 2025

Paradeep Parivahan IPO Logo

Paradeep Parivahan IPO is a book build issue of ₹44.86 crores. The issue is entirely a fresh issue of 0.46 crore shares of ₹44.86 crore.

Paradeep Parivahan IPO bidding started from Mar 17, 2025 and ended on Mar 19, 2025. The allotment for Paradeep Parivahan IPO was finalized on Mar 20, 2025. The shares got listed on BSE SME on Mar 24, 2025.

Paradeep Parivahan IPO price band is set at ₹98 per share. The lot size for an application is 1,200. The minimum amount of investment required by an retail is ₹1,17,600 (1200 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (2,400 shares), amounting to ₹2,35,200.

Share India Capital Services Pvt.Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Share India Securities Ltd..

Refer to Paradeep Parivahan IPO RHP for detailed Information.

IPO Open

Mon, Mar 17, 2025

IPO Close

Wed, Mar 19, 2025

Issue Price

₹98 per share

Market Cap (Pre-IPO)

₹156.00 Cr

IPO Details

IPO Date17 to 19 Mar, 2025
Listed onMon, Mar 24, 2025
Face Value10 per share
Price Band₹93 to ₹98
Issue Price₹98 per share
Lot Size1,200 Shares
Sale TypeFresh capital only
Issue TypeBookbuilding IPO
Listing AtBSE SME

Total Issue Size45,78,000 shares
(agg. up to ₹45 Cr)
Reserved for Market Maker
5,97,600 shares
(agg. up to ₹6 Cr)
Share India Securities Ltd.
Fresh Issue
(Ex Market Maker)
39,80,400 shares
(agg. up to ₹39 Cr)
Net Offered to Public39,80,400 shares
(agg. up to ₹39 Cr)
Share Holding Pre Issue1,13,40,000 shares
Share Holding Post Issue1,59,18,000 shares
BSE Script Code 544383
ISININE0SMW01011

IPO Timetable

Issue Reservation

Paradeep Parivahan IPO comprises a total issue size of 45,78,000 shares. The net offer to the public is 39,80,400 shares, after excluding 5,97,600 shares allotted on a firm basis. Of the Net offer 19,89,600 (49.98%) are allocated to QIB, 5,97,600 (15.01%) allocated to NII 13,93,200 (35.00%) allocated to RII.

Investor Category Shares Offered % of Net Issue% of Total Issue
QIB Shares Offered 19,89,60049.98%43.46%
  − Anchor Investor Shares Offered 11,92,80026.06%
  − QIB (Ex. Anchor) Shares Offered 7,96,80017.40%
NII (HNI) Shares Offered 5,97,60015.01%13.05%
Retail Shares Offered 13,93,20035.00%30.43%
Firm Reservations
Market Maker Shares Offered 5,97,60013.05%
Total Shares Offered 45,78,000100.00%100.00%

IPO Lot Size

Investors can bid for a minimum of 1,200 shares and in multiples thereof. 

Application Lots Shares Amount
Retail (Min) 1 1,200 ₹1,17,600
Retail (Max) 1 1,200 ₹1,17,600
HNI (Min) 2 2,400 ₹2,35,200
IPO Subscription Details

IPO Anchor Investors

Paradeep Parivahan IPO raises ₹11.69 crore from anchor investors. Paradeep Parivahan IPO Anchor bid date is March 13, 2025.
📝 Anchor Investors Letter (PDF)

Bid DateThu, Mar 13, 2025
Shares Offered11,92,800
Anchor Portion (₹ Cr.)11.69
Anchor lock-in period end date for 50% shares (30 Days)Sat, Apr 19, 2025
Anchor lock-in period end date for remaining shares (90 Days)Wed, Jun 18, 2025

About Paradeep Parivahan Ltd.

Founded in 2000, Paradeep Parivahan Limited is a port service provider specialising in logistics, ship husbandry, and stevedoring. They are located in the Paradip Port, Odisha, India.

The company provides the following services:-

  • Cargo handling:They handle cargo and bulk cargo imports and exports
  • Ship husbandry:They provide services and work with some of the world's most well-known shipping lines.
  • Stevedoring:They are a stevedoring contractor and one of the largest fleet owners on the east coast of India.
  • Dredging: They have a division with ports in India and Southeast Asia.
  • Custom house clearance:They provide custom house clearance and forwarding agency services.
  • Transportation: They provide transportation from mines to ports and intraport transportation.

The company operates across multiple locations, including Gopalpur, Paradip, Haldia, Visakhapatnam, Jajpur, Joda & Barbil, Chandikhol, Cuttack, and Talcher, catering to diverse sectors like cargo shipping, cement, steel, and railway siding.

The company specialises in handling bulk cargo, transportation, logistics, and manpower supply services.

It manufactures agricultural chemicals, particularly complex phosphatic fertilizers such as diammonium phosphate.

As of March 2025, the company employs 1,1124 employees on payroll.

Competitive Strength

  • Experience & ExpertiseWith over two decades in the industry, they have deep knowledge of port operations and cargo handling.
  • Extensive Network – Operating in major ports and industrial regions across eastern India.
  • State-of-the-Art Infrastructure – Equipped with modern handling equipment, transport fleets, and skilled manpower.
  • Customer-Centric Approach – Focused on delivering seamless supply chain solutions, emphasising quality and cost-effectiveness.

Company Financials (Restated)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets164.35138.09116.78118.23
Total Income137.94211.62202.81188.69
Profit After Tax5.1815.026.562.84
NET Worth59.8954.7134.6528.10
Reserves and Surplus48.5543.3729.4022.85
Total Borrowing46.2135.0936.1147.17
Amount in ₹ Crore

IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

# Issue Objects Est Amt (₹ Cr.)
1 To Meet Working Capital Requirements. 35.00
2 General corporate purposes. 5.58

Key Performance Indicator (KPI)

Pre IPOPost IPO
EPS (₹)13.256.50
P/E (x)7.415.07
Promoter Holding92.59%65.96%
Market Cap156.00 Cr.
The promoters of the Company are Mr. Khalid Khan, Ms. Fouzia Khan, Mr. Pravat Kumar Nandi and Ms. Parbati Priya Nandi,
  • The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
  • The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2024 available in RHP.
  • The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of September 30, 2024 available in RHP.

IPO Review

[Dilip Davda]
PPL is a 3PL logistics service provider delivering end-to-end specialized and tailor-made solutions for critical contracts that brings high margins. It has implemented a new strategy of rendering services for specialized and high margin contracts with its cost management techniques. The change in its solutions has yielded desired benefits with higher margins that is reflected in its working from FY23 onwards. As per historical trends, second half brings over 60% of annual revenue. The company is operating in a highly competitive and fragmented segment. Well-informed investors may park moderate funds for long term.
Read detail review...

Paradeep Parivahan IPO Recommendations

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Paradeep Parivahan IPO Subscription Status (Bidding Detail)

The Paradeep Parivahan IPO is subscribed 1.78 times on March 19, 2025 6:54:32 PM (Day 3). The public issue subscribed 1.66 times in the retail category, 1.33 times in the QIB category, and 2.65 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)Shares OfferedShares bid forTotal Application
QIB1.337,96,80010,63,2000
NII*2.655,97,60015,81,6000
Retail1.6613,93,20023,10,0000
Total1.7827,87,60049,54,8002,754

Total Application : 2,754

*Market Maker portion is not included to NII/HNI.

IPO Expenses

# Issue Expenses Est Amt (₹ Cr.)
1 Lead Manger Fees including Underwriting Commission 2.54
2 Fees Payable to Registrar to the Issue 0.01
3 Fees Payable Advertising, Marketing Expenses and Printing Expenses 1.47
4 Fees Payable to Regulators including Stock Exchanges and other Intermediaries 0.14
5 Fees payable to Peer Review Auditor 0.03
6 Fees Payable to Market Maker 0.09
7 Escrow Bank Fees 0.00

Listing Day Trading Information

Price DetailsBSE SME
Final Issue Price98.00
Open78.40
Low74.48
High82.32
Last Trade82.32

Check IPO Performance…

IPO Registrar

Bigshare Services Pvt.Ltd.

Contact Details

Paradeep Parivahan Ltd. Address
Room No 204,
Above OBC Bank Street Port,
Town Paradeep,
Jagatsinghapur, Odisha, 754142
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IPO FAQs

Paradeep Parivahan IPO is a SME IPO of 45,78,000 equity shares of the face value of ₹10 aggregating up to ₹45 Crores. The issue is priced at ₹98 per share. The minimum order quantity is 1200.

The IPO opens on Mon, Mar 17, 2025, and closes on Wed, Mar 19, 2025.

Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Zerodha customers can apply online in Paradeep Parivahan IPO using UPI as a payment gateway. Zerodha customers can apply in Paradeep Parivahan IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Paradeep Parivahan IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Paradeep Parivahan IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. Submit IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Paradeep Parivahan IPO opens on Mon, Mar 17, 2025 and closes on Wed, Mar 19, 2025.

Paradeep Parivahan IPO lot size is 1200, and the minimum amount required for application is ₹1,17,600.

You can apply in Paradeep Parivahan IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for Paradeep Parivahan IPO will be done on Thursday, March 20, 2025, and the allotted shares will be credited to your demat account by Fri, Mar 21, 2025. Check the Paradeep Parivahan IPO allotment status.

The Paradeep Parivahan IPO listing date is on Mon, Mar 24, 2025.

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