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Paradeep Phosphates Ltd.

Paradeep Phosphates Ltd.

NSE & BSE · Mainboard IPO
Listed NSE & BSE Mainboard Live Chart
Issue Price
₹42
₹42
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹42
Based on GMP
Min. Investment
₹14,700
1 lot × 350 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
17 May 2022
Close Date
19 May 2022
Allotment
24 May 2022
Listing Date
27 May 2022
Exchange
NSE & BSE
Price Band
₹42
Listing Price
See chart
Allotment Status
Price Band
₹42
Per share
Face Value
₹10 per share
 
Lot Size
350 Shares
per lot
Issue Size
35,75,55,112 shares (aggregating up to ₹1,501.73 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹14,700
1 lot
Pre-IPO Holding
57,54,50,000 shares
Promoters
Post-IPO Holding
81,44,97,619 shares
Promoters
P/E (Pre)
7.07x
 
UPI Deadline
2022-05-19
Mandate
Anchor AllotmentFri, 13 May 2022
Basis of AllotmentTue, 24 May 2022
Refund InitiationWed, 25 May 2022
Demat CreditThu, 26 May 2022
Listing DayFri, 27 May 2022
UPI Mandate Deadline2022-05-19
Sale TypeFresh Capital-cum-Offer for Sale
Fresh Issue Shares23,90,47,619 shares (aggregating up to ₹1,004.00 Cr)
Offer for Sale11,85,07,493 shares of ₹10 (aggregating up to ₹497.73 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Paradeep Phosphates Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 19 May 2022.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
357,555,112
100% ₹1,501.73
IPO Shares Offered
Paradeep Phosphates Ltd. IPO total issue size: ₹1,501.73 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Total 357,555,112 ₹1,501.73
100.00%
* Based on upper price band ₹42 per share
Lot Size & Investment
Lot Size
350
Shares per Lot
Issue Price
₹42.00
Upper Band
Min Investment
₹14,700
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)2700₹29,400
Retail (Max — 13 Lots)134,550₹191,100
S-HNI (Min — 14 Lots)144,900₹205,800
B-HNI (Min — 69 Lots)6924,150₹1,014,300
* Issue Price ₹42 × Lot Size 350 shares
IPO Schedule
Anchor
13 May 2022
✓ Done
IPO Open
17 May 2022
✓ Done
IPO Close
19 May 2022
✓ Done
Allotment
24 May 2022
✓ Done
Refunds
25 May 2022
✓ Done
Demat Credit
26 May 2022
✓ Done
Listing Day
27 May 2022
✓ Done
Paradeep Phosphates Ltd. — Live Price LIVE
₹42.00
INR · BSE
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Issue ₹42.00 Live Price
About Paradeep Phosphates Ltd.
Incorporated in 1981, Paradeep Phosphates Limited is a manufacturer of non-urea fertilizers in India. The company is engaged in manufacturing, trading, distribution and sales of a variety of complex fertilizers such as DAP, three grades of Nitrogen-Phosphorus-Potassium (namely NPK-10, NPK-12 and NP-20), Zypmite, Phospho-gypsum and Hydroflorosilicic Acid.Paradeep Phosphates Limited is the second largest private sector manufacturer of non-urea fertilizers and Di-Ammonium Phosphate(DAP) in terms of volume sales for the nine months ended December 31, 2021. The company's fertilisers are marketed under the brand names Jai Kisaan-Navratna and Navratna.The manufacturing facility of Paradeep Phosphates Limited is located in Paradeep, Odisha, and includes a DAP and NPK production facility, a Sulphuric acid production plant and a Phosphoric acid production plant. The facility can store up to 120,000 MT, 65,000 MT, 55,000 MT and 35,000 MT of Phosphate Rock, Phosphoric acid, Sulphur and MOP, respectively.The company established an extensive sales and distribution network, with a strong presence in the eastern part of India. As of March 31, 2022, Paradeep Phosphates distributed products across 14 states in India through the network of 11 regional marketing offices and 468 stock points.As of March 31, 2022, the company's network includes 4,761 dealers and over 67,150 retailers serving over five million farmers in India.Competitive StrengthsWell-positioned to capture favourable Indian fertilizer industry dynamics supported by conducive government regulations.The second largest manufacturer of Phosphatic fertilizers in India.Driving raw material efficiency through backward integration of facilities and effective sourcing.Secure and certified manufacturing facility and infrastructure and unutilised land available for expansion.The strategic location of our manufacturing facility and sizeable material storage, handling and port facilities.Established brand name backed by an extensive sales and distribution network.Strong parentage, experienced management team and prominent shareholders.
Objects of the Issue
1
Part-financing the acquisition of the Goa Facility.
2
Repayment/prepayment of certain of our borrowings.
3
General corporate purposes.
Paradeep Phosphates Ltd. Financials (Amount in Crore)
Revenue from Operations
₹4,227.8
31-Mar-20
₹5,183.9
31-Mar-21
₹5,973.7
31-Dec-21
Profit After Tax (PAT)
₹193.2
31-Mar-20
₹223.3
31-Mar-21
₹362.8
31-Dec-21
Particulars31-Dec-2131-Mar-2131-Mar-20
Revenue from Operations 5973.69 5183.94 4227.78
EBITDA N/A N/A N/A
Profit After Tax (PAT) 362.78 223.27 193.22
Net Worth N/A N/A N/A
Total Assets 7186.27 4423.17 5010.33
Reserves & Surplus N/A N/A N/A
Borrowings N/A N/A N/A
EBITDA Margin (%) N/A
PAT Margin (%) N/A
Issue Structure & Shareholding
Total Shares Offered35,75,55,112 (100.00%)
Net Offer to PublicN/A
Reserved for Market MakerN/A
Pre-Issue Promoter Holding57,54,50,000 shares
Post-Issue Promoter Holding81,44,97,619 shares
P/BV RatioN/A
RoEN/A
RoCEN/A
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Axis Capital Ltd.
ICICI Securities Ltd.
JM Financial Ltd.
SBI Capital Markets Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Paradeep Phosphates Ltd. IPO subscribed?

Paradeep Phosphates Ltd. IPO is subscribed 1.00 times by May 19, 2022. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Paradeep Phosphates Ltd. IPO retail subscription status?

The Paradeep Phosphates Ltd. IPO retail category is subscribed 1.00 times as of 19 May 2022. The retail portion is oversubscribed.

How to subscribe Paradeep Phosphates Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 17 May 2022 and closes 19 May 2022. Min investment: ₹14,700 (1 lot = 350 shares). UPI mandate: 2022-05-19.

How many times Paradeep Phosphates Ltd. IPO subscribed?

The Paradeep Phosphates Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Paradeep Phosphates Ltd. IPO allotment?

Check allotment on the registrar website (MUFG Intime India Pvt.Ltd.) at https://linkintime.co.in/Initial_Offer/public-issues.html. Enter your PAN, application number or DP/Client ID. Allotment date: 24 May 2022. Refunds: on 25 May 2022.

When Paradeep Phosphates Ltd. IPO will be listed?

The Paradeep Phosphates Ltd. IPO listing date is 27 May 2022, Friday. Listed on: NSE & BSE. Issue price: ₹42. Estimated listing: ₹42. GMP: NIL.

When Paradeep Phosphates Ltd. IPO close?

The Paradeep Phosphates Ltd. IPO closes on 19 May 2022, Thursday. UPI mandate: 2022-05-19. Allotment: 24 May 2022. Listing: 27 May 2022.