Paradeep Parivahan IPO Buzz: Check Out the Key Dates, Pricing, and Allotment Info

Paradeep Parivahan Limited is set to launch its Initial Public Offering (IPO) on March 17, 2025, with the subscription period closing on March 19, 2025. The IPO is structured as a Book Built Issue, where the company aims to raise approximately ₹44.86 crores. This fundraising includes a fresh issue of shares amounting to ₹44.86 crores and an offer for sale (OFS) component, the details of which are yet to be disclosed. The face value of each equity share is set at ₹10.

IPO Price Band and Quota Allocation

The price band for the Paradeep Parivahan IPO has been set between ₹93 and ₹98 per share. The offering will have a structured allocation among different investor categories:

• Qualified Institutional Buyers (QIB): 50% of the total issue

• Retail Investors: 35% of the total issue

• Non-Institutional Investors (HNI): 15% of the total issue

IPO Listing and Allotment

The allotment of Paradeep Parivahan IPO shares is scheduled for March 20, 2025. Successful applicants can expect the company’s shares to be listed on the BSE on March 24, 2025.

Financial Performance Overview

Paradeep Parivahan has shown notable growth in its financial performance over the past year. In 2024, the company reported a revenue of ₹211.62 crores, reflecting an increase from ₹202.81 crores recorded in 2023. The company’s profitability has also significantly improved, with a net profit of ₹15.02 crores in 2024, more than double the profit of ₹6.56 crores reported in 2023.

Company Outlook

The positive growth in both revenue and profitability indicates strong business momentum for Paradeep Parivahan. The IPO proceeds are expected to be used for business expansion, debt reduction, and other corporate purposes. The company’s consistent financial improvement could potentially enhance investor confidence in the offering.

Paradeep Parivahan IPO: Detailed Overview and Key Information

Paradeep Parivahan Limited is preparing to launch its Initial Public Offering (IPO) on the BSE SME platform. The IPO will open for subscription on March 17, 2025, and will remain available for investors until March 19, 2025.

IPO Structure and Pricing

The IPO will be offered as a Book Built Issue, which allows the company and its underwriters to determine the final price through investor demand. The face value of each equity share is set at ₹10. The price band for the IPO is set between ₹93 and ₹98 per share, giving investors a defined range within which they can place their bids.

Issue Size and Components

The total issue size amounts to approximately ₹44.86 crores. The entire amount will be raised through a fresh issue of shares valued at approximately ₹44.86 crores. There is also an offer for sale (OFS) component included in the IPO, although the exact number of shares to be offered through OFS has not been disclosed yet.

Listing and Market Segment

Upon successful completion of the IPO process, Paradeep Parivahan’s shares are scheduled to be listed on the BSE SME platform. This market segment is designed for small and medium-sized enterprises (SMEs) to raise capital and gain access to a larger pool of investors.

Investor Category Allocation

The IPO will have a structured allocation for different categories of investors:

• Qualified Institutional Buyers (QIB): Up to 50% of the total issue size is reserved for QIBs, which include large financial institutions such as mutual funds, insurance companies, and banks.

• Retail Investors: Up to 35% of the total issue size is reserved for individual investors applying for amounts within the retail limit.

• Non-Institutional Investors (NII): Up to 15% of the total issue size is allocated to high-net-worth individuals (HNIs) and other non-institutional investors.

Purpose of the IPO

The funds raised through the IPO are expected to be used for business expansion, working capital requirements, debt repayment, and other general corporate purposes. The company’s decision to list on the BSE SME platform reflects its ambition to enhance visibility and strengthen its financial standing in the market.

Paradeep Parivahan IPO: Market Lot and Application Details

Investors interested in subscribing to the Paradeep Parivahan IPO will need to follow the specified market lot requirements. The market lot defines the minimum number of shares that investors can apply for in a single bid.

Minimum and Maximum Application for Retail Investors

• The minimum market lot for the Paradeep Parivahan IPO is 1,200 shares.

• This means that retail investors are required to apply for at least 1,200 shares to participate in the IPO.

• Based on the upper end of the price band (₹98 per share), the minimum application amount for retail investors stands at ₹1,17,600 (1,200 shares × ₹98).

Retail investors are allowed to apply for a maximum of one lot only, which means they can apply for up to 1,200 shares with an investment amount of ₹1,17,600.

Application Details for High-Net-Worth Individuals (HNIs)

• For S-HNI (Small High-Net-Worth Individuals), the minimum application size is two lots, which equals 2,400 shares.

• At the upper price band of ₹98 per share, the minimum investment required for S-HNIs amounts to ₹2,35,200 (2,400 shares × ₹98).

Summary of Application Structure

The market lot size ensures that investors apply in multiples of 1,200 shares, aligning with the company’s pricing and allocation strategy. The defined lot size helps to standardize the bidding process and manage demand effectively across different investor categories.

Paradeep Parivahan IPO: Important Dates and Timeline

Paradeep Parivahan Limited has announced the complete schedule for its upcoming Initial Public Offering (IPO). Investors looking to participate in the IPO should take note of the key dates related to the subscription period, allotment, refunds, and listing.

IPO Opening and Closing Dates

• The Paradeep Parivahan IPO will open for subscription on March 17, 2025 (Monday). This marks the first day when investors can place their bids to subscribe to the IPO.

• The subscription window will remain open for three days, closing on March 19, 2025 (Wednesday). After the close of the subscription period, no further bids will be accepted.

Allotment and Refund Process

• The basis of allotment for the Paradeep Parivahan IPO will be finalized on March 20, 2025 (Thursday). This is the date when the company will determine how many shares will be allotted to each category of investors based on the demand and subscription levels.

• For applicants who are not allotted any shares, the refund process will begin on March 21, 2025 (Friday). Any excess funds will be returned to the investors’ bank accounts or UPI-linked accounts.

• For successful applicants, the shares will be credited to their Demat accounts on March 21, 2025 (Friday). Investors can check their Demat accounts to confirm the receipt of shares.

IPO Listing Date

• Paradeep Parivahan shares are scheduled to be listed on the BSE SME platform on March 24, 2025 (Monday). The listing date marks the first day when the company’s shares will be available for public trading on the stock exchange.

Summary of Paradeep Parivahan IPO Timeline

This detailed timeline outlines the key steps in the IPO process, from the opening of the subscription period to the listing of shares on the stock exchange.

Paradeep Parivahan IPO: Comprehensive Overview and Key Information

Paradeep Parivahan Limited, a leading port services provider, is set to launch its Initial Public Offering (IPO) in March 2025. The company is aiming to raise capital through a Book Built Issue and list its shares on the BSE SME platform. Below are the detailed insights into the IPO structure, market lot, important dates, company background, and promoter details.

IPO Details

Paradeep Parivahan IPO will open for subscription on March 17, 2025 (Monday) and close on March 19, 2025 (Wednesday). The IPO is being offered as a Book Built Issue, where the final price will be determined based on investor demand during the bidding process.

Key Information

• Face Value: ₹10 per equity share

• Price Band: ₹93 to ₹98 per share

• Issue Size: Approximately ₹44.86 crores

• Fresh Issue: ₹44.86 crores (entire issue consists of fresh equity shares)

• Listing: BSE SME (Small and Medium Enterprise) platform

Investor Category Allocation

The IPO will have a structured allocation for different investor segments as follows:

• Qualified Institutional Buyers (QIB): Not more than 50% of the total issue size

• Retail Investors: Not more than 35% of the total issue size

• Non-Institutional Investors (NII): Not more than 15% of the total issue size

The IPO proceeds are expected to be used for business expansion, working capital requirements, debt repayment, and other general corporate purposes.

Draft Prospectus and Anchor Investors

• DRHP (Draft Red Herring Prospectus): Available for review

• RHP (Red Herring Prospectus): Available for review

• Anchor Investors List: Expected to be disclosed before the IPO opens

Market Lot and Application Details

The minimum and maximum market lot size for the Paradeep Parivahan IPO is defined to standardize the bidding process and accommodate different investor categories.

Retail Investors

• Minimum Lot Size: 1 lot = 1,200 shares

• Minimum Investment Amount: ₹1,17,600 (at ₹98 per share)

• Maximum Lot Size for Retail Investors: 1 lot = 1,200 shares

• Maximum Investment Amount: ₹1,17,600 (at ₹98 per share)

High-Net-Worth Individuals (HNIs)

• Minimum Lot Size for S-HNI: 2 lots = 2,400 shares

• Minimum Investment Amount for S-HNI: ₹2,35,200 (at ₹98 per share)

Market Lot Summary

IPO Timeline and Key Dates

The Paradeep Parivahan IPO will follow a structured timeline from the opening of the subscription period to the listing of shares on the stock exchange.

After the close of the subscription period, the company will finalize the basis of allotment on March 20, 2025. Refunds for unsuccessful applicants will be processed on March 21, 2025, and shares will be credited to the Demat accounts of successful applicants on the same day. The company’s shares are scheduled to be listed on the BSE SME platform on March 24, 2025.

Promoters of Paradeep Parivahan Limited

Paradeep Parivahan Limited is promoted by a group of experienced industry professionals:

• Mr. Khalid Khan – A key figure in the company with extensive industry experience in port services and logistics.

• Ms. Fouzia Khan – A co-promoter with significant expertise in business operations and strategic management.

• Mr. Pravat Kumar Nandi – A promoter with deep industry knowledge and operational insight in the logistics sector.

• Ms. Parbati Priya Nandi – A key promoter with a focus on business development and operational efficiency.

The promoters have played a vital role in establishing the company’s strong market position and expanding its service portfolio across multiple locations.

About Paradeep Parivahan Limited

Founded in 2000, Paradeep Parivahan Limited has grown into one of the leading port service providers in India. The company specializes in a wide range of logistics and port-related services, including:

• Cargo Handling – Managing the loading and unloading of various types of cargo at ports.

• Port Operations – Providing logistical support for efficient port functioning.

• Intra-Port Transportation – Transporting cargo within port premises.

• Ship Husbandry and Stevedoring – Ensuring smooth handling and servicing of vessels at the port.

• Railway Siding Operations – Managing cargo handling at railway sidings for efficient transport.

• Crusher Operations – Processing raw materials for industrial use.

• Earthwork and Special Cargo Handling – Managing heavy-duty cargo and hazardous materials.

Geographical Reach

Paradeep Parivahan operates across several major port cities and industrial hubs in India, including:

• Paradip

• Gopalpur

• Haldia

• Visakhapatnam

• Jajpur

• Joda & Barbil

• Chandikhol

• Cuttack

• Talcher

Industry Segments Served

The company provides services to a variety of industries, including:

• Shipping

• Cement

• Steel

• Railways

Employee Strength

As of March 2025, Paradeep Parivahan employs approximately 11,124 employees, reflecting the company’s large-scale operational capabilities and extensive workforce management.

Paradeep Parivahan IPO: Detailed Financial Performance and Valuation Overview

Paradeep Parivahan Limited has demonstrated steady financial growth over the past few years, with consistent increases in revenue and profitability. Below is a detailed analysis of the company’s financial performance, including its revenue, expenses, profit margins, and key financial ratios.

Financial Performance Overview

Paradeep Parivahan Limited has maintained a strong financial position, as reflected in its rising revenues and improved profitability over the past three financial years. The company has reported steady growth in its top-line revenue while effectively managing its operational expenses, leading to higher profit margins.

Yearly Revenue and Profit Analysis

Key Highlights:

1. Revenue Growth:

• The company’s revenue increased from ₹188.69 crores in 2022 to ₹202.81 crores in 2023, reflecting an annual growth rate of approximately 7.48%.

• In 2024, the revenue further increased to ₹211.62 crores, marking a growth of around 4.35% compared to the previous year.

• For the six months ending in September 2024, the company reported a revenue of ₹137.94 crores, indicating that the company is on track to sustain its growth trajectory.

2. Profitability Improvement:

• Profit After Tax (PAT) increased significantly from ₹2.84 crores in 2022 to ₹6.56 crores in 2023, showing a growth of approximately 131%.

• In 2024, the company’s profit more than doubled to ₹15.02 crores, marking a rise of approximately 128.92% compared to 2023.

• As of September 2024, the company recorded a PAT of ₹5.18 crores, reflecting consistent profitability during the fiscal year.

3. Cost Efficiency:

• Operating expenses decreased slightly from ₹193.21 crores in 2023 to ₹190.75 crores in 2024, indicating improved cost management despite increased revenue.

• The company’s ability to control expenses while growing its revenue base has contributed to the expansion of profit margins.

4. Asset Base Growth:

• The company’s total assets increased from ₹116.78 crores in 2023 to ₹138.09 crores in 2024, reflecting stronger financial positioning and improved asset utilization.

• By September 2024, the company’s total assets had grown to ₹164.35 crores, highlighting ongoing capital investments and business expansion.

Profit Margins and Key Ratios

Paradeep Parivahan has maintained healthy profit margins and strong returns on equity and capital employed, indicating operational efficiency and profitability.

Profitability Ratios (FY 2024):

Key Highlights:

1. Return on Equity (ROE):

• The ROE of 33.62% reflects the company’s ability to generate profit from shareholders’ equity, indicating strong financial health and effective use of capital.

2. Return on Capital Employed (ROCE):

• A ROCE of 26.61% demonstrates that the company is efficiently using its capital to generate profits, which is a positive indicator of business strength and operational efficiency.

3. EBITDA Margin:

• The EBITDA margin of 16.23% reflects strong operational profitability, indicating that the company is able to maintain healthy earnings before interest, tax, depreciation, and amortization.

4. Profit After Tax (PAT) Margin:

• The PAT margin of 7.10% shows that the company retains a significant portion of its revenue as net profit, reflecting effective cost management and profitability.

Debt and Liquidity Position

Debt to Equity Ratio:

• The company’s debt-to-equity ratio stands at 0.80, indicating a balanced capital structure with moderate reliance on debt financing.

• A ratio below 1.0 suggests that the company has maintained a conservative debt position, which lowers financial risk and enhances financial stability.

Net Asset Value (NAV):

• The company’s Net Asset Value (NAV) is reported at ₹48.25 per share, which reflects the value of the company’s assets after deducting liabilities.

• A higher NAV typically indicates strong asset backing and financial strength.

Earnings and Valuation Metrics