Paradeep Parivahan IPO subscription started on Monday, 17th March 2025, and will close on March 19, 2025, as per the schedule. The price band is set at ₹93 to ₹98 per share with a face value of ₹10.
Paradeep Parivahan IPO Subscription Status
Paradeep Parivahan IPO Subscribed over 0.36x on its Second day till 5.00 PM on 18th March.
- Paradeep Parivahan IPO subscription QIB investors portion is 0.26 times, while NII subscribed 0.25 times and RII investors subscribed 0.46 times.
- The company has received bids for 9,96,000 shares against 27,87,600 shares on offer on the Second day of subscription.
- Paradeep Parivahan IPO Subscribed over 0.36x on its Second day.
- Paradeep Parivahan IPO Subscribed over 0.10x on its First day.
About Paradeep Parivahan Company
One of the leading companies, Paradeep Parivahan Limited, founded in 2000, is engaged in the business of port service providers specializing in logistics, ship husbandry, and stevedoring. The company portfolio consists of a wide range of top-notch services which include cargo handling, port operations, intra-port transportation, as well as the handling and transportation of port import cargo. They are also experts in moving raw materials and hazardous cargo, railway siding operations, crusher operations, special attention cargo handling, earthwork, and more.
Paradeep Parivahan has structured its services in a way to satisfies the diverse needs of the clients. Gopalpur, Paradip, Haldia, Visakhapatnam, Jajpur, Joda & Barbil, Chandikhol, Cuttack, and Talcher are some of the areas the company works in. Cargo shipping, cement, steel, and railway projects are some of the industries the company serves. The company comprises around 1,1124 employees as of March 2025.
Paradeep Parivahan Financial Report
The company reported revenue of ₹211.62 crores in 2024 against ₹202.81 crores in 2023. The company reported a profit of ₹15.02 crores in 2024 against a profit of ₹6.56 crores in 2023.
Paradeep Parivahan IPO GMP:
Paradeep Parivahan IPO GMP was ₹0 as of Tuesday, 18th March 2025. That indicates the IPO is trading at ₹98 with ₹0 premium in the grey market against the issue price of ₹98.
