Paradeep Phosphates Limited IPO - technical kingdom

Paradeep Phosphates Limited IPO Review

Paradeep Phosphates Limited IPO Overview

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 Limited IPO Details

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.

Paradeep Phosphates Limited IPO Financial Performance

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

Paradeep Phosphates Limited IPO Key Ratios

 

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

 

Paradeep Phosphates Limited IPO GMP Trend

GMP (₹)

Subject to Rates

IPO Price

Estimated Listing Price

    

Listing Performance of Paradeep Phosphates Limited IPO

Listed On : 

Issue Price : 

Listing Day Close :

Listing Day Gain :

Paradeep Phosphates Limited IPO GMP Trend

NSE : NA

ISIN CODE : INE088F01024

BSE : NA

Paradeep Phosphates Limited IPO Allotment Status

BSE IndiaClick Here

KfintechClick Here

Link InTimeClick Here

Paradeep Phosphates Limited IPO Brokers Reviews & Rating

Axis Capital – Not Rated
Dilip Davda – Avoid

Paradeep Phosphates Limited IPO Important Dates

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

Paradeep Phosphates Limited IPO Contact Details

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/

Paradeep Phosphates Limited IPO Registrar Contact Details

KFin Technologies Limited

Phone: 04067162222, 04079611000

Email: ethosltd@kfintech.com

Website: https://karisma.kfintech.com/

Paradeep Phosphates Limited IPO Subscription Details

Updated Soon.

Paradeep Phosphates Limited IPO FAQ's

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.

Paradeep Phosphates Limited IPO Comments