Paradeep Parivahan IPO: A Comprehensive Analysis
Paradeep Parivahan Limited is gearing up for its initial public offering (IPO), set to open for subscription on March 17, 2025, and closing on March 19, 2025. The IPO, amounting to ₹44.86 crores, consists entirely of a fresh issue of 45.78 lakh shares. Investors and market analysts are keenly watching this offering as the company aims to strengthen its financial position and expand its operations.
The IPO allotment is expected to be finalized on March 20, 2025, and the shares will be listed on the BSE SME exchange on a tentative date of March 24, 2025. With a price band set between ₹93 and ₹98 per share, the minimum investment required for retail investors is ₹1,11,600, corresponding to a lot size of 1,200 shares. High Net-Worth Individuals (HNIs) need to invest in at least 2 lots (2,400 shares), amounting to ₹2,35,200. Given the likelihood of oversubscription, investors are advised to bid at the cutoff price of ₹98, which brings the investment to ₹1,17,600.
Paradeep Parivahan IPO Details
| Aspect | Details |
|---|---|
| IPO Subscription Start on | 17 March 2025 |
| IPO Subscription | 19 March 2025 |
| Face Value per Share | ₹10 |
| Price Range per Share | ₹93 – ₹98 |
| Minimum Lot Size | 1,200 shares |
| Total Shares on Offer | 45,78,000 shares (₹44.86 Cr) |
| New Equity Issuance(Fresh) | 45,78,000 shares (₹44.86 Cr) |
| Type of Offering | Book-Built IPO |
| Stock Exchange for Listing | BSE SME |
| Pre-IPO Shareholding | 1,13,40,000 shares |
| Post-IPO Shareholding | 1,59,18,000 shares |
| Market Maker Allocation | 5,97,600 shares (Share India Securities Limited) |
Paradeep Parivahan IPO Date
| Event | Date |
|---|---|
| IPO Open Date | 17 March 2025 |
| IPO Close Date | 19 March 2025 |
| Expected Allotment | 20 March 2025 |
| Refund Initiation | 21 March 2025 |
| Shares Credited to Demat | 21 March 2025 |
| Expected Listing Date | 24 March 2025 |
| Cutoff Time for UPI Mandate | 5 PM on 19 March 2025 |
IPO Reservation Details
The shares are allocated among different investor categories as follows:
| Investor Category | Shares Offered |
|---|---|
| QIB (Qualified Institutional Buyers) | Not more than 50% of the Net Issue |
| Retail Investors | Not less than 35% of the Net Issue |
| NII (HNI) Investors | Not less than 15% of the Net Issue |
Paradeep Parivahan IPO Lot Size Details
| Category | Minimum Shares | Investment Amount |
|---|---|---|
| Retail Investors | 1,200 shares | ₹1,11,600 |
| Retail (Cutoff Price) | 1,200 shares | ₹1,17,600 |
| High Net-Worth Individuals (HNI) | 2,400 shares (2 lots) | ₹2,35,200 |
About Paradeep Parivahan Limited
Founded in 2000, Paradeep Parivahan Limited has established itself as a leading port services provider, offering a comprehensive range of logistics and transportation solutions. The company operates from Paradip Port, Odisha, India, and has expanded its presence across multiple industrial and port hubs in eastern India.
Services Offered:
- Cargo Handling – Manages import and export of bulk cargo.
- Ship Husbandry – Provides services to major global shipping lines.
- Stevedoring – Operates as a stevedoring contractor, handling cargo at Indian ports.
- Dredging – Engages in port and marine dredging operations in India and Southeast Asia.
- Custom House Clearance – Offers customs clearance and forwarding agency services.
- Transportation – Facilitates cargo transport from mines to ports and industrial centers.
Geographical Presence:
Paradeep Parivahan operates in multiple strategic locations:
- Odisha: Paradip, Gopalpur, Jajpur, Joda & Barbil, Chandikhol, Cuttack, Talcher.
- Other States: Haldia, Visakhapatnam.
The company serves key industries, including cargo shipping, cement, steel, and railway siding services.
Diversification into Chemical Manufacturing
Apart from its logistics and port services, Paradeep Parivahan also manufactures agricultural chemicals, primarily phosphatic fertilizers like Diammonium Phosphate (DAP).
Employee Strength
As of March 2025, the company employs 1,124 people, reinforcing its capacity to manage large-scale logistics and transportation operations.
Paradeep Parivahan Financial Performance (in Lakhs)
Here’s an overview of Paradeep Parivahan’s financials, showing consistent revenue growth and improved profitability:
| Period Ended | Sep 30, 2024 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 |
|---|---|---|---|---|
| Assets (₹ lakh) | 16,435 | 13,809 | 11,678 | 11,823 |
| Revenue (₹ lakh) | 13,794 | 21,162 | 20,281 | 18,869 |
| Profit After Tax (₹ lakh) | 518 | 1,502 | 656 | 284 |
| Net Worth (₹ lakh) | 5,989 | 5,471 | 3,465 | 2,810 |
| Reserves & Surplus (₹ lakh) | 4,855 | 4,337 | 2,940 | 2,285 |
| Total Borrowing (₹ lakh) | 4,621 | 3,509 | 3,611 | 4,717 |
The company has shown steady revenue growth, improved profitability, and strengthened net worth, making it an attractive investment proposition.
Super Iron Foundry IPO Opens on March 11: Key Details, Financials, and Investment Potential
Paradeep Parivahan IPO Objectives
Paradeep Parivahan aims to utilize the IPO proceeds for the following objectives:
- Working Capital Requirements – ₹35,000 lakhs.
- General Corporate Purposes – Amount not specified.
This capital infusion will enhance operational capacity, improve infrastructure, and support future expansion.
Paradeep Parivahan IPO Promoters
The company is backed by experienced promoters with a strong track record in the logistics industry:
- Mr. Khalid Khan
- Ms. Fouzia Khan
- Mr. Pravat Kumar Nandi
- Ms. Parbati Priya Nandi
Their leadership and industry knowledge have contributed to the company’s expansion and success.
Competitive Strengths
Paradeep Parivahan boasts several competitive advantages that position it as a key player in the logistics and transportation industry:
- Decades of Experience – With over two decades in port operations, the company has deep industry expertise.
- Strategic Location – Operations are centered around Paradip Port, one of India’s largest cargo hubs.
- Robust Infrastructure – The company owns modern cargo handling equipment, transport fleets, and specialized manpower.
- Diversified Clientele – Serves multiple industries, reducing dependency on a single sector.
- Strong Financial Performance – Consistent growth in revenue and profitability indicates solid financial health.
Paradeep Parivahan IPO Registrar & Contact Details
For IPO-related queries, investors can contact the IPO Registrar:
| Category | Details |
|---|---|
| Company Name | Paradeep Parivahan Limited |
| Address | Room No 204, Above OBC Bank, Street Port Town, Paradeep, Jagatsinghpur – 754142 |
| Phone | 0674-2590169 |
| info@paradeepparivahan.com | |
| Website | www.paradeepparivahan.com |
| IPO Registrar | Bigshare Services Pvt Ltd |
| Registrar Phone | +91-22-6263 8200 |
| Registrar Email | jibu@bigshareonline.com |
| Registrar Website | ipo.bigshareonline.com |
Check More Details About Paradeep Parivahan IPO
Disclaimer:
This article is intended for informational purposes only and should not be taken as financial advice. Investors are encouraged to conduct their own research or consult a financial advisor before making investment decisions. Always verify current data and seek guidance from your financial advisor before investing in any company. The views and investment recommendations provided by experts, brokerage firms, or rating agencies on stoxmail.com are their own and do not reflect those of the website or its management. Investing in stocks carries inherent risks.