March 13, 2025
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What was the last grey market premium of Paradeep Parivahan IPO?
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Subscription status of Paradeep Parivahan IPO
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Paradeep Parivahan IPO Price Rs. 98 Lot 1200 shares, Rs. Crore |
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| QIB | NII x | RII x | Total x | Applications |
| Amount wise bids recd. Rs. ? Crore | ||||
| Note: | ||||
Paradeep Allotment Link: Big Share Online
What is the business of Paradeep Parivahan?
Founded in 2000, Paradeep Parivahan Limited is a leading port service provider specializing in logistics, ship husbandry, and stevedoring. Based at Paradip Port, Odisha, India, the company offers a wide range of services to support the maritime industry.
The services provided by Paradeep Parivahan Limited include:
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Cargo Handling: The company handles both cargo and bulk cargo for imports and exports.
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Ship Husbandry: Paradeep Parivahan collaborates with some of the world’s most prominent shipping lines to offer comprehensive ship husbandry services.
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Stevedoring: As a major stevedoring contractor, the company is one of the largest fleet owners on the east coast of India.
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Dredging: The company operates a dredging division with a presence in ports across India and Southeast Asia.
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Custom House Clearance: Paradeep Parivahan offers custom house clearance services and forwarding agency support.
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Transportation: The company provides transportation solutions, including transport from mines to ports and intraport logistics.
Operating across multiple locations, including Gopalpur, Paradip, Haldia, Visakhapatnam, Jajpur, Joda & Barbil, Chandikhol, Cuttack, and Talcher, Paradeep Parivahan serves various industries such as cargo shipping, cement, steel, and railway siding.
Specializing in bulk cargo handling, transportation, logistics, and manpower supply, the company also manufactures agricultural chemicals, particularly complex phosphatic fertilizers like diammonium phosphate.
As of March 2025, Paradeep Parivahan employs 11,124 staff members.
Get more information about the company @ https://www.paradeepparivahan.com/
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Paradeep Parivahan IPO Details |
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| IPO opens on | 17 March 2025 |
| IPO closes on | 19 March 2025 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 4578000 Shares / Rs 44.86 Crore |
| * Fresh Issue | 4578000 Shares / Rs 44.86 Crore |
| * Offer for Sale – | – shares / Rs.- crore |
| Market Maker Portion | 597600 Shares |
| Net offer to Public | 3980400 Shares/ Rs 39.01 Crore |
| Face Value per share | Rs. 10 |
| Price Band | Rs. 93-98 |
| Employee discount | Rs. 0 per share |
| Retail Lot Size | 1200 Shares |
| Listing will at | BSE SME |
Shares offered in IPO |
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| Shares | Rs. (Crore) | |
| QIB (0%) | 1990200 | 19.50 |
| HNI (50%) | 597060 | 5.85 |
| RII (50%) | 1393140 | 13.65 |
| Total Shares | 3980400 | 39.01 |
| Retail portion will be oversubscribed by |
1160 | |
| Forms | ||
| How much Shares to Apply in this IPO? | ||
| Min Retail Application | 1200 Shares | Rs.117600 |
| Min HNI Application | 2400 Shares | Rs. 235200 |
Who are the Promoters of Paradeep Parivahan?
The promoters of the Company are Mr. Khalid Khan, Ms. Fouzia Khan, Mr. Pravat Kumar Nandi and Ms. Parbati Priya Nandi,
What are the Objects of Paradeep Parivahan IPO?
The Company proposes to utilize the Net Proceeds from Issue towards funding the following objects:
Funding of working capital requirements of the Company
General corporate purposes
Tentative timetable |
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| IPO opens on | 17 March 2025 |
| IPO Closes on | 19 March 2025 |
| IPO Allotment on | 20 March 2025 |
| Refund Initiation | 21 March 2025 |
| Credit of Shares | 21 March 2025 |
| Listing on | 24 March 2025 |
| Registered Office of the Company Paradeep Parivahan Limited Room No 204 Above OBC Bank Street Port Town Paradeep, Jagatsinghpur -754142 |
| Who is the Lead Manager of this IPO? Share India Capital Services Pvt Ltd |
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Who is the Registrar to IPO? Bigshare Services Ltd |
Paradeep Parivahan IPO GMP grey market premium, review, Subscription, allotment, listing estimate
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Paradeep Parivahan IPO Financial & Analytical Ratios |
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| Year | Total Income |
Net Profit |
EPS | RoNW |
| Rs.in Crore | Rs.in Crore | Rs. | % | |
| 2021-22 | 188.69 | 2.84 | – | – |
| 2022-23 | 202.81 | 6.56 | – | – |
| 2023-24 | 211.62 | 15.02 | 13.25 | 33.62 |
| Book Value of the Share on 31.03.2024 |
– | |||
| BV of the Share at cap price after IPO |
Rs. | |||
| Offer Price/upper band | Rs. | 98 | ||
Key Performance
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| Price/EPS of 23-24 | 7.40 |
| Price/BV Ratio | 2.03 |
| Debt/Equity Ratio | 0.80 |
How Paradeep Parivahan IPO compares with the Peers?
| As per RHP | FV | Price to | PE |
| Book Value | Ratio | ||
| Paradeep Parivahan | 7.40 | ||
| All Cargo Logistics | 16.08 | ||
| Navkar Corporation | |||
| Container Corpo | 33.49 | ||
# This is only coverage of News related to Grey Market Premium & subject to rates. We do not deal in grey market premium. We do not recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.
Paradeep Parivahan IPO Review by Paresh Gordhandas, CA & Research Analyst.
Founded in 2000, Paradeep Parivahan Limited is a prominent port service provider specializing in logistics, ship husbandry, and stevedoring. Located at Paradip Port, Odisha, India, the company offers a comprehensive range of services to support the maritime industry. Over the past three years, Paradeep Parivahan has demonstrated strong growth in both its topline and bottomline, supported by a large team of employees.
The company is planning a sizable IPO, and with 1,160 applications, the retail portion is expected to be subscribed at least once.
However, the business operates in a highly competitive environment with numerous players in the market.
A key concern is the company’s high trade receivables over the last three years, raising questions about its working capital management. Additionally, it is worth noting that the company has extended short-term loans amounting to Rs. 52.31 crore, despite needing working capital for its core operations.
+ from fundamental angle: So-So
+ from grey market angle: so-so
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