Saturday, May 11, 2024

Paradeep Phosphates IPO Date, Review, Price, Allotment & Analysis


Paradeep Phosphates IPO date is fastened, the IPO is to open on May 17 and closes on May 19, 2020. Paradeep Phosphates IPO to boost round ₹1501 crores through IPO that contains recent problem of ₹1004 crores and supply on the market as much as 118,507,493 fairness shares of ₹10 every. The retail quota is 35% whereas QIB is 50% and HNI is 15%.

Paradeep Phosphates Limited (PPL) was included in 1981. Paradeep Phosphates is India’s third-largest producer of non-urea fertilizer and the second-largest producer of Di-Ammonium Phosphate (DAP). They are advertising fertilisers beneath the model names ‘Jai Kisaan – Navratna’ and ‘Navratna’. The main promoters of the corporate, Zuari Maroc Phosphates Private Limited (ZMPPL), a three way partnership of Zuari Agro Chemicals Limited (ZACL) and the OCP Group S.A. holds 80.45% of the fairness share capital of the Company, with the remaining shares held by the Government of India.

- Advertisement -

They manufacture, commerce distributes, and sells numerous forms of complicated fertilisers. This consists of DAP, a complete of three forms of NPK (NP-10, NP-12, NP-20), Zypmite, Phosphogypsum, and Hydroflorosilicic Acid (HFSA). Additionally, the corporate engages within the buying and selling, distribution, and gross sales of Muriate of Potash (MOP), Ammonia, Specialty Plant Nutrients (SPN), and City Compost. The firm has an annual turnover of about Rs. 5,000 crores with 1.40 Million MT Annual capability of fertiliser, 1,000 Employees, and 5 Million Farmers outreach. They have a powerful presence in East India with good gross sales and distribution community of their merchandise. They present their merchandise in 14 states in India from the community of 11 regional advertising places of work and over 450 inventory factors. You can examine Paradeep Phosphates IPO subscription standing and Paradeep Phosphates IPO allotment standing on their respective pages.

Paradeep Phosphates IPO Important Details:

  • India’s third-largest producer of non-urea fertilizer.
  • The second-largest producer of Di-Ammonium Phosphate (DAP).
  • Annual turnover of about Rs. 5,000 crores.
  • Strong presence in east India.
  • Distribute their merchandise in 14 states in India
  • They have 11 regional advertising places of work and over 450 inventory factors throughout India.
  • The PAT is rising YOY in addition to the Revenues as properly.
  • Zuari Maroc Phosphates Private Limited (ZMPPL) holds 80.45% of the fairness share capital.
  • The authorities of India additionally holds fairness share capital within the firm.
Paradeep Phosphates

Paradeep Phosphates IPO Review (Good or Bad)

- Advertisement -

Brokerage Firm IPO Review

  • Axis Bank: Adding Soon
  • Capital Market: Adding Soon
  • SMC Global: Adding Soon
  • Reliance Securities: Adding Soon
  • Ajcon Global Services Ltd: Adding Soon
  • Hem Securities: Adding Soon
  • ICICI Securities: Adding Soon

Paradeep Phosphates IPO Date & Price Band

 IPO Open:  May 17, 2022
 IPO Close:  May 19, 2022
 IPO Size:  Approx ₹1,501 Crores
 Fresh Issue:  Approx ₹1,004 Crores
 Offer for Sale:  Approx 118,507,493 Equity Shares
 Face Value:  ₹10 Per Equity Share
 Price Band:  ₹39 to ₹42 Per Share
 Listing on:  BSE & NSE
 Retail Quota:  35%
 QIB Quota:  50%
 NII Quota:  15%
 Discount:  N/A
 DRHP Draft Prospectus:  Click Here
 RHP Draft Prospectus:  Click Here

Paradeep Phosphates IPO Market Lot

The Paradeep Phosphates IPO minimal market lot is 350 shares with ₹14,700 software quantity. The retail buyers can apply up-to 13 tons with 4,550 shares or ₹194,038 quantity.

 Minimum Lot Size:  Minimum 350 Shares for 1 lot
 Minimum Amount:  ₹14,700 for 1 lot
 Maximum Lot Size:  Maximum 4,550 Shares for 13 lot
 Maximum Amount:  ₹191,100 for 13 lot

Paradeep Phosphates IPO Allotment & Listing Dates

The Paradeep Phosphates IPO date is May 17, 2022 and the shut date is May 19, 2022. The Paradeep Phosphates IPO allotment will likely be finalized on May 25, 2022 and the IPO itemizing on May 30, 2022.

- Advertisement -
 Price Band Announcement:  May 11, 2022
 Anchor Investors Allotment:  May 16, 2022
 IPO Open Date:  May 17, 2022
 IPO Close Date:  May 19, 2022
 Basis of Allotment:  May 24, 2022
 Refunds:  May 25, 2022
 Credit to Demat Account:  May 26, 2022
 IPO Listing Date:  May 27, 2022

Paradeep Phosphates IPO Form

How to use for the Paradeep Phosphates IPO? You can apply for Paradeep Phosphates IPO through ASBA accessible in your checking account. Just go to the web financial institution login and apply through your checking account by choosing the Paradeep Phosphates IPO within the Invest part. The different choice is you possibly can apply for Paradeep Phosphates IPO through IPO types obtain through NSE and BSE. Check out the Paradeep Phosphates types – Click BSE Forms & NSE Forms clean IPO types obtain, fill, and submit in your financial institution or along with your dealer.

Paradeep Phosphates Company Financial Report

  ₹ in Crores
Revenue Expense PAT
2019 ₹4397 ₹4146 ₹159
2020 ₹4228 ₹3997 ₹193
2021 ₹5184 ₹4817 ₹223
2021 9M
₹5974 ₹5491 ₹363

Paradeep Phosphates IPO Valuation – FY2021

Check Paradeep Phosphates IPO valuations element like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) particulars.

 Earning Per Share (EPS):  ₹3.88 per Equity Share
 Price/Earning P/E Ratio:  N/A
 Return on Net Worth (RoNW):  3.88%
 Net Asset Value (NAV):  ₹31.76 per Equity Share

Peer Group

  • Coromandel International Limited
  • Chambal Fertilizers Chemicals Limited
  • Deepak Fertilizers and Petrochemicals Limited

Company Promoters

  • Zuari Maroc Phosphates Private Limited
  • Zuari Agro Chemicals Limited
  • OCP S.A
  • President of India, appearing by means of the Ministry of Chemicals and Fertilizers, Government of India

Paradeep Phosphates IPO Registrar

Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/

Paradeep Phosphates IPO Allotment Status Check

Check Paradeep Phosphates IPO allotment standing on Linkintime web site allotment URL. Click Here

Paradeep Phosphates IPO Lead Managers

  • Axis Capital Limited
  • ICICI Securities Limited
  • JM Financial Consultants Private Limited
  • SBI Capital Markets Limited

Company Address

Paradeep Phosphates Limited
5 th Floor, Orissa State Handloom Weavers’
Co-Operative Building, Pandit J.N Marg,
Bhubaneswar 751 001,
Phone: +91 080 45855561
Email: [email protected]
Website: http://www.paradeepphosphates.com

Paradeep Phosphates IPO FAQs

What is Paradeep Phosphates IPO?

Paradeep Phosphates IPO is a main-board IPO. They are going to increase ₹1501 Crores through IPO. The problem is priced at ₹39 to ₹42 per fairness share. The IPO is to be listed on BSE & NSE.

When Paradeep Phosphates IPO will open?

The IPO is to open on May 17, 2022 for QIB, NII, and Retail Investors.

What is Paradeep Phosphates IPO Investors Portion?

The buyers’ portion for QIB-50%, NII-15%, and Retail 35%.

How to Apply the Paradeep Phosphates IPO?

You can apply Paradeep Phosphates IPO through ASBA on-line through your checking account. You also can apply for ASBA on-line through UPI by means of your inventory brokers. You also can apply through your inventory brokers by filling up the offline type.

How to Apply the Paradeep Phosphates IPO by means of Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Paradeep Phosphates”. Click on Bid Button. Enter your UPI ID, Quantity and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Paradeep Phosphates IPO by means of Upstox?

Log in to Upstox Application along with your credentials. Select the IPO. You will see the IPO Name “Paradeep Phosphates”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Paradeep Phosphates IPO by means of Paytm Money?

Log in to Paytm Money Application along with your credentials. Select the IPO. You will see the IPO Name “Paradeep Phosphates”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Paradeep Phosphates IPO Size?

Paradeep Phosphates IPO measurement is ₹1501 crores.

What is Paradeep Phosphates IPO Price Band?

Paradeep Phosphates IPO Price Band is ₹39 to ₹42.

What is Paradeep Phosphates IPO Minimum and Maximum Lot Size?

The minimal bid is 350 Shares with ₹14,700 quantity whereas the utmost bid is 4550 shares with ₹191,100.

What is the Paradeep Phosphates IPO Allotment Date?

Paradeep Phosphates IPO allotment date is May 24, 2022.

What is the Paradeep Phosphates IPO Listing Date?

Paradeep Phosphates IPO itemizing date is May 27, 2022. The IPO is to checklist on BSE and NSE.

Note: The Paradeep Phosphates IPO value band and date are formally introduced. The IPO gray market premium (Paradeep Phosphates IPO Premium) will likely be added on the IPO gray market web page as it is going to begin).



– Source : IPOWATCH

More articles

- Advertisement -
- Advertisement -

Latest article