Paradeep Phosphates Limited, founded in 1981, is an Indian manufacturer of non-urea fertilisers. The firm manufactures, trades, distributes, and sells a wide range of complex fertilisers, including DAP, three grades of Nitrogen-Phosphorus-Potassium (NPK-10, NPK-12, and NP-20), Zypmite, Phospho-gypsum, and Hydroflorosilicic Acid.
In terms of volume sales for the nine months ending December 31, 2021, Paradeep Phosphates Limited is the second biggest private sector maker of non-urea fertilisers and Di-Ammonium Phosphate (DAP). The fertilisers produced by the firm are marketed under the brand names Jai Kisaan-Navratna and Navratna.
Paradeep Phosphates Limited’s manufacturing facility is located in Paradeep, Odisha, and contains a DAP and NPK production facility, a Sulphuric acid production plant, and a Phosphoric acid production plant. The facility can hold up to 120,000 MT of Phosphate Rock, 65,000 MT of Phosphoric acid, 55,000 MT of Sulphur, and 35,000 MT of MOP, respectively.
The corporation built a large sales and distribution network, with a significant presence in eastern India. As of March 31, 2022, Paradeep Phosphates supplied products in 14 Indian states with an 11-regional marketing office network and 468 stock locations.
The company’s network has 4,761 dealers and over 67,150 merchants servicing over five million farmers in India as of March 31, 2022.
Paradeep Phosphates IPO Date | May 17, 2022 to May 19, 2022 |
Paradeep Phosphates IPO Face Value | ₹10 per share |
Paradeep Phosphates IPO Price | ₹39 to ₹42 per share |
Paradeep Phosphates IPO Lot Size | 350 Shares |
Issue Size | [.] shares of ₹10 (aggregating up to ₹1,501.73 Cr) |
Fresh Issue | [.] shares of ₹10 (aggregating up to ₹1,004.00 Cr) |
Offer for Sale | 118,507,493 shares of ₹10 (aggregating up to ₹497.73 Cr) |
Issue Type | Book Built Issue IPO |
Listing At | BSE, NSE |
QIB Shares Offered | Not more than 50% of the Net Offer |
Retail Shares Offered | Not less than 35% of the Net Offer |
NII (HNI) Shares Offered | Not less than 15% of the Net Offer |
Company Promoters | Zuari Maroc Phosphates Private Limited, Zuari Agro Chemicals Limited, OCP S.A and President of India, acting through the Ministry of Chemicals and Fertilizers, Government of India are the company promoters. |
Particulars | For the year/period ended (₹ in Millions) | |
31-Dec-21 | 31-Mar-21 | |
Total Assets | 71,862.67 | 44,231.67 |
Total Revenue | 59,736.88 | 51,839.41 |
Profit After Tax | 3,627.84 | 2,232.68 |
Particulars | For the year/period ended (₹ in Millions) | |
31-Mar-20 | 31-Mar-19 | |
Total Assets | 50,103.25 | 56,276.58 |
Total Revenue | 42,277.76 | 43,972.13 |
Profit After Tax | 1,932.20 | 1,589.63 |
FY2019 | FY2020 | |
EPS | 2.76 | 3.36 |
PE ratio | – | – |
RONW (%) | 10.72 | 12.05 |
ROCE (%) | – | – |
EBITDA (%) | 10.93 | 11.68 |
Net Debt/Equity | – | – |
NAV | – | – |
FY2021 | 9M FY2022 | |
EPS | 3.88 | 6.30 |
PE ratio | 10.05 – 10.82 | – |
RONW (%) | 12.22 | 16.57 |
ROCE (%) | – | – |
EBITDA (%) | 10.83 | – |
Net Debt/Equity | – | – |
NAV | 31.76 |
GMP (₹) | Subject to Rates | IPO Price | Estimated Listing Price |
Listed On :
Issue Price :
Listing Day Close :
Listing Day Gain :
NSE : NA
ISIN CODE : INE088F01024
BSE : NA
Axis Capital – Not Rated
Dilip Davda – Avoid
Paradeep Phosphates IPO Opening Date | May 17, 2022 |
Paradeep Phosphates IPO Closing Date | May 19, 2022 |
Basis of Allotment | May 24, 2022 |
Initiation of Refunds | May 25, 2022 |
Credit of Shares to Demat | May 26, 2022 |
Paradeep Phosphates IPO Listing Date | May 27, 2022 |
Ethos Limited
Plot No. 3,
Sector- III, Parwanoo,
Himachal Pradesh -173 220
Phone: + 91 1792 232 462/233 402
Email: anil.dhiman@ethoswatches.com
Website: https://www.ethoswatches.com/
KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: ethosltd@kfintech.com
Website: https://karisma.kfintech.com/
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The Paradeep Phosphates Limited IPO is a BSE NSE IPO of ₹39 to ₹42 per equity share of the face value of ₹10.
The issue size is priced at [.] shares of ₹10(aggregating up to ₹1,501.73 Cr).
The fresh issue size is priced at [.] shares of ₹10 (aggregating up to ₹1,004.00 Cr).
The initial public offering (IPO) begins on May 18, 2022 and ends on May 20, 2022.
The registrar for the IPO is Link Intime India Private Ltd. The shares are proposed for listing on the BSE and NSE.
The Paradeep Phosphates Limited IPO opens on May 18, 2022 and closes on May 20, 2022. The IPO Issue date may list on May 30, 2022.
Paradeep Phosphates Limited IPO Market lot size is 350 Shares and the minimum order quantity is 350 Shares.
The finalisation of Basis of Allotment for Adani Wilmar Limited IPO will be done on May 24,, 2022. and the allotted shares will be credited to your demat account by May 26, 2022. Check the Paradeep Phosphates Limited IPO status.
The Adani Wilmar Limited IPO listing date is on May 30, 2022.
Paradeep Phosphates Limited IPO applications can be submitted online using either UPI or ASBA as a payment method. The ASBA IPO application is available in your bank’s net banking. Brokers who do not provide banking services provide UPI IPO applications. Learn more about online IPO applications from Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.
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