₹ 117600
₹93- ₹98
1200
₹78
-20
19 Mar 2025
Download21 Mar 2025
24 Mar 2025
Application Details
Paradeep Parivahan IPO is a book built issue of Rs 44.86 crores. The issue is entirely a fresh issue of 45.78 lakh shares.
Paradeep Parivahan IPO bidding opened for subscription on March 17, 2025 and will close on March 19, 2025. The allotment for the Paradeep Parivahan IPO is expected to be finalized on Thursday, March 20, 2025. Paradeep Parivahan IPO will be list on BSE SME with a tentative listing date fixed as Monday, March 24, 2025.
Paradeep Parivahan IPO price band is set at ₹93 to ₹98 per share. The minimum lot size for an application is 1200. The minimum amount of investment required by retail investors is ₹1,11,600. But it is suggested to the investor to bid at the cutoff price to avoid the oversubscription senerio, which is about to ₹1,17,600. The minimum lot size investment for HNI is 2 lots (2,400 shares) amounting to ₹2,35,200.
About Paradeep Parivahan Limited (SME IPO)
Founded in 2000, Paradeep Parivahan Limited is a port service provider specialising in logistics, ship husbandry, and stevedoring. They are located in the Paradip Port, Odisha, India.
The company provides the following services:-
- Cargo handling:They handle cargo and bulk cargo imports and exports
- Ship husbandry:They provide services and work with some of the world's most well-known shipping lines.
- Stevedoring:They are a stevedoring contractor and one of the largest fleet owners on the east coast of India.
- Dredging: They have a division with ports in India and Southeast Asia.
- Custom house clearance:They provide custom house clearance and forwarding agency services.
- Transportation: They provide transportation from mines to ports and intraport transportation.
The company operates across multiple locations, including Gopalpur, Paradip, Haldia, Visakhapatnam, Jajpur, Joda & Barbil, Chandikhol, Cuttack, and Talcher, catering to diverse sectors like cargo shipping, cement, steel, and railway siding.
The company specialises in handling bulk cargo, transportation, logistics, and manpower supply services. It manufactures agricultural chemicals, particularly complex phosphatic fertilizers such as diammonium phosphate.
FAQ
IPO stands for "Initial Public Offering." It's the process through which a privately-held company becomes publicly traded by offering its shares to the general public and listing them on a stock exchange for trading. This allows the company to raise capital from investors and grants individuals and institutions the opportunity to invest in and own a portion of the company.
The life cycle of an IPO, or Initial Public Offering, begins with a company's decision to go public. It involves hiring underwriters, registering with regulatory authorities, determining the IPO price, marketing to investors, and the subscription period where investors place orders for shares. After allocation and listing, shares become publicly tradable, and the company enters the secondary market. Ongoing reporting and corporate governance are crucial as the company continues to operate as a publicly-traded entity. The IPO aims to raise capital for growth and provides investors with opportunities to trade shares in the company.
An IPO (Initial Public Offering) is when a private company goes public by selling shares to the public. Investors buy these shares, giving them ownership in the company. It's a way for companies to raise capital and expand. The process involves underwriters, regulatory filings, setting the IPO price, and marketing to investors. After the IPO, shares can be traded on a stock exchange. IPOs offer opportunities and risks, so investors should research and consider carefully.
"Upcoming IPOs" refers to initial public offerings that have been announced by private companies but have not yet occurred. These are companies that plan to go public in the near future by issuing shares to the public and listing them on a stock exchange. Investors often keep an eye on upcoming IPOs as they represent opportunities to invest in companies at their early stages of public trading, potentially capturing growth potential. These offerings are typically accompanied by significant media and investor attention as they approach their launch dates.