Paradeep Parivahan was incorporated on November 17, 2000. The company specializes in cargo handling, port operations, intra-port transportation, and import cargo handling. It also manages in-plant shifting of bulk materials, hazardous cargo, railway siding, crusher operations, earthwork, and special attention cargo handling, ensuring efficient and safe operations
| Bidding Dates |
|---|
| 17 Mar 2025 - 19 Mar 2025 |
| Subscription |
|---|
| 1.64x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹1,11,600 | 1 | 1 | 1200 | 4.6 M | ₹93 - ₹98 | 65.96 % | ₹425.8 M - ₹448.6 M | RHP DOC |
Paradeep Parivahan IPO SUBSCRIPTION STATUS
19 Mar '25Paradeep Parivahan IPO overall subscription rate was 1.64 times the total available shares
Paradeep Parivahan IPO retail subscription rate was 1.95 times in the retail segment
Paradeep Parivahan IPO non-institutional investor subscription rate was 4.29 times in the non-institutional investor category
Paradeep Parivahan IPO Qualified Institutional Bidder subscription rate was 0.63 times the available shares for Qualified Institutional Bidder
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
19 Mar 2025 (Day 3) | 1.95x | 4.29x | 0.63x |
18 Mar 2025 (Day 2) | 0.54x | 1.47x | 0.12x |
17 Mar 2025 (Day 1) | 0.22x | 0.06x | - |
Paradeep Parivahan FINANCIALS
| Period | Net Profit (Rs in millions) | Revenue from Operations (Rs in millions) | Cash Flow from Operations (Rs in millions) | Free Cash Flow (Rs in millions) | Margins |
| H1FY25 | 51.8 | 1375.1 | -24.8 | -31.6 | 9.2% |
| FY24 | 150.2 | 2112.7 | 151.6 | 3.0 | 16.2% |
| FY23 | 65.6 | 2024.8 | 176.4 | 224.1 | 12.4% |
| FY22 | 28.4 | 1879.7 | 363.6 | 342.3 | 11.1% |
Paradeep Parivahan IPO SUBSCRIPTION STATUS DETAILS
Paradeep Parivahan had 4.6 M shares on offer
Paradeep Parivahan IPO offer price was in the range ₹93 - ₹98
Paradeep Parivahan IPO minimum Investment was ₹111600
Paradeep Parivahan IPO issue size was ₹ 425.8 M - ₹ 448.6 M
Paradeep Parivahan had a minimum lot size of 1200 Shares per application
Paradeep Parivahan NUMBER OF SHARES ON OFFER
Paradeep Parivahan IPO IMPORTANT DATES
| Issue Open Date | 17 Mar 2025 |
| Issue close Date | 19 Mar 2025 |
| Allotment Date | 20 Mar 2025 |
| Refund Date | 21 Mar 2025 |
| Demat Account Credit Date | 21 Mar 2025 |
| Listing Date | 24 Mar 2025 |
| Listing on Exchange(s) | BSE |
| Paradeep Parivahan Allotment Status | Exchange/ Registrar |
Paradeep Parivahan IPO subscription opened on 17 Mar 2025, and closed on 19 Mar 2025
IPO allotment for Paradeep Parivahan was finalized on Thursday, 20 Mar 2025
IPO listing for Paradeep Parivahan was on BSE on Monday, 24 Mar 2025
Paradeep Parivahan IPO LISTING GAINS
| Issue Price (adjusted) | 98.0 |
| Listing Open Price | 78.4 |
| Listing Close Price | 82.3 |
| Listing Gain% | -20.0% |
| Current Gain% | 150.3% |
Paradeep Parivahan Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Paradeep Parivahan Ltd. | 245.3 | 390.5 | 11.6 | 0.9 | 20.4 | 12.2 | 422 | 33.6 | 21.1 | ||||
| Container Corporation of India Ltd. | 505.2 | 38476.9 | 31 | -7.3 | 4.2 | 9.6 | 8.2 | 9443.2 | 1.2 | 1241.8 | -3.6 | 16.3 | -4.2 |
| Delhivery Ltd. | 473.3 | 35452.8 | 379 | -7.2 | 3.2 | 1.6 | 1.2 | 10867 | 16 | 152.7 | -5.8 | 1.2 | -52.9 |
| Shadowfax Technologies Ltd. | 241.2 | 14120.3 | 83.5 | 3 | 6.4 | 3.9 | 4238.6 | 68.6 | 111.7 | 1638.4 | 2.9 | ||
| Blue Dart Express Ltd. | 5089.5 | 12076.3 | 42.1 | 2.7 | 1.9 | 13.9 | 6 | 6182.8 | 7.3 | 247.4 | -2 | 121 | 15.8 |
| VRL Logistics Ltd. | 281.4 | 4921.9 | 18.4 | 0.8 | 1.5 | 20.7 | 9.1 | 3244.8 | 1.8 | 236.8 | 29.5 | 15.3 | 21.8 |
Paradeep Parivahan INFORMATION ON IPO ISSUE
About Paradeep Parivahan
Paradeep Parivahan was incorporated on November 17, 2000. The company specializes in cargo handling, port operations, intra-port transportation, and import cargo handling. It also manages in-plant shifting of bulk materials, hazardous cargo, railway siding, crusher operations, earthwork, and special attention cargo handling, ensuring efficient and safe operations
Object of the Issue
- To meet working capital requirements
- General corporate purposes
Paradeep Parivahan - PROMOTERS
| Name |
|---|
| Khalid Khan |
| Fouzia Khan |
| Pravat Kumar Nandi |
| Parbati Priya Nandi |
Paradeep Parivahan Lead Manager to the Issue
Share India Capital Services Private Limited
kunal.bansal@shareindia.co.in
Paradeep Parivahan Registrar to the issue
Bigshare Services Private Limited
jibu@bigshareonline.com
Paradeep Parivahan Strengths
Robust fleet & infrastructure
A well-maintained and efficient fleet of trucks, coupled with strong logistics infrastructure, enhances reliability and timely deliveries, ensuring smooth operations and the ability to handle large cargo volumes effectively.
Diversified product portfolio
As a multimodal transport operator, the company provides cargo handling, port operations, and intra-port transportation. Its strong logistics network and diverse services help clients optimize costs, enhance efficiency, and improve supply chain visibility
Paradeep Parivahan Risks
Competition
The logistics market is highly competitive, with larger players having superior technical expertise, financial resources, skilled labor, and industry experience. This intense competition may impact sales volume, growth prospects, and profit margins, potentially affecting business operations and financial performance
Mishaps
The company's services face operating risks such as vehicle breakdowns, accidents, or third-party mishaps, which could impact service delivery. While no major incidents have occurred to date, future occurrences may affect operations and financial performance
Manpower intensive
The company's manpower-intensive operations may be impacted by work stoppages, wage hikes, or challenges in hiring employees at favorable terms
IPO FAQs
The promoters of the company are Khalid Khan, Fouzia Khan, Pravat Kumar Nandi and Parbati Priya Nandi.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.
The price band of the IPO is Rs 93.0 - 98.0.
The IPO application opens on Mar 17, 2025 and closes on Mar 19, 2025.
The minimum lot size for the IPO is 1200. The maximum lot size for the IPO is 1200.
For all category investors, the minimum application amount for this IPO is Rs. 111,600.0, the maximum value for this IPO is Rs 117,600.0.
This IPO will be allotted on Mar 20, 2025.
The refund will be credited to your account on Mar 21, 2025.
The allotted shares will be credited to your demat on Mar 21, 2025.
Paradeep Parivahan Ltd.’s shares listed on the stock exchanges on Mar 24, 2025.