IPO IPO-Synopsis
Paradeep Parivahan Ltd

Back

Registered Office: No.204 Above OBC Bank Street,Port Town Paradeep , Jagatsinghpur - 754142 , Orissa , India.
Phone : 06742590169   Fax:
Email :  info@paradeepparivahan.com  
Website :  www.paradeepparivahan.com
Initial public issue of 45,78,000 equity shares of face value of Rs10.00 each of Paradeep Parivahan Limited ("PPL" or the "Company" or the "Issuer") for cash at a price of Rs98 per equity share including a share premium of Rs88 per equity share (the "Issue Price") aggregating to Rs44.86 crores ("The Issue"), of which 5,97,600 equity shares of face value of Rs10.00 each for cash at a price of Rs98 per equity share including a share premium of Rs88 per equity share aggregating to Rs5.86 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 39,80,400 equity shares of face value of Rs10.00 each at a price of Rs98 per equity share including a share premium of Rs88 per equity share aggregating to Rs39.00 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 28.76 % and 25.01 %, respectively, of the post issue paid up equity share capital of the company. Price Band is Rs98 per equity share of face value of Rs10 each. The floor price is 9.8 times of the face value. Bids can be made for the minimum of 1200 equity shares and in multiples of 1200 equity shares thereafter.

Issue Money Payable On
Opens On Closes On Application Allotment
17-Mar-25 19-Mar-25 Rs98.00-0.00 Rs0.00-0.00
Minimum Application for shares in Nos :1200  Further Multiples of :1200

  Rs Cr Lead Managers to the Issue
Project Cost 40.58
Share India Capital Services Pvt Ltd
Project Financed through Current Offer 44.86  
Post Issue Equity Share Capital 15.92  
Issue Price Rs98.00  
Projects
To meet working capital requirementsGeneral corporate purposes
Promoted By
Khalid Khan
Fouzia Khan
Pravat Kumar Nandi
Listing At
BSE - SME 
Registrar to the Issue
Bigshare Services Pvt Ltd