Paradeep Phosphates IPO date is fixed, the IPO is to open on May 17 and closes on May 19, 2020. Paradeep Phosphates IPO to raise around ₹1501 crores via IPO that comprises fresh issue of ₹1004 crores and offer for sale up to 118,507,493 equity shares of ₹10 each. The retail quota is 35% while QIB is 50% and HNI is 15%.
Paradeep Phosphates Limited (PPL) was incorporated in 1981. Paradeep Phosphates is India’s third-largest producer of non-urea fertilizer and the second-largest producer of Di-Ammonium Phosphate (DAP). They are marketing fertilisers under the brand names ‘Jai Kisaan – Navratna’ and ‘Navratna’. The primary promoters of the company, Zuari Maroc Phosphates Private Limited (ZMPPL), a joint venture of Zuari Agro Chemicals Limited (ZACL) and the OCP Group S.A. holds 80.45% of the equity share capital of the Company, with the remaining 19.55% stake held by the Government of India.
They manufacture, trade distributes, and sells various types of complex fertilisers. This includes DAP, a total of three types of NPK (NP-10, NP-12, NP-20), Zypmite, Phosphogypsum, and Hydroflorosilicic Acid (HFSA). Additionally, the company engages in the trading, distribution, and sales of Muriate of Potash (MOP), Ammonia, Specialty Plant Nutrients (SPN), and City Compost. The company has an annual turnover of about Rs. 5,000 crores with 1.40 Million MT Annual capacity of fertiliser, 1,000 Employees, and 5 Million Farmers outreach. They have a strong presence in East India with good sales and distribution network of their products. They provide their products in 14 states in India from the network of 11 regional marketing offices and over 450 stock points. You can check Paradeep Phosphates IPO subscription status and Paradeep Phosphates IPO allotment status on their respective pages.
Paradeep Phosphates IPO Important Details:
- India’s third-largest producer of non-urea fertilizer.
- The second-largest producer of Di-Ammonium Phosphate (DAP).
- Annual turnover of about Rs. 5,000 crores.
- Strong presence in east India.
- Distribute their products in 14 states in India
- They have 11 regional marketing offices and over 450 stock points across India.
- The PAT is growing YOY as well as the Revenues as well.
- Zuari Maroc Phosphates Private Limited (ZMPPL) holds 80.45% of the equity share capital.
- The government of India also holds equity share capital in the company.
- Government to sell their 19.55% – entire stake in the company via initial public offerings.
- Zuari Maroc Phosphates Pvt Ltd (ZMPPL) will offload 60,18,493 equity shares via OFS.
Paradeep Phosphates IPO Review (Good or Bad)
- Good for Short Term & Long Term
Brokerage Firm IPO Review
- Choice Broking: Apply
- Angel One: Neutral
- Arihant Capital: Apply for Long Term
- Dalal & Broacha Stock Broking: Apply for Listing Gain
- Capital Market: Neutral
Paradeep Phosphates IPO Date & Price Band
|Paradeep Phosphates IPO Open:||May 17, 2022|
|Paradeep Phosphates IPO Close:||May 19, 2022|
|Paradeep Phosphates IPO Size:||Approx ₹1,501 Crores|
|Fresh Issue:||Approx ₹1,004 Crores|
|Offer for Sale:||Approx 118,507,493 Equity Shares|
|Face Value:||₹10 Per Equity Share|
|Paradeep Phosphates IPO Price Band:||₹39 to ₹42 Per Share|
|Paradeep Phosphates IPO Listing on:||BSE & NSE|
|DRHP Draft Prospectus:||Click Here|
|RHP Draft Prospectus:||Click Here|
|Anchor Investors List:||Click Here|
Paradeep Phosphates IPO Market Lot
The Paradeep Phosphates IPO minimum market lot is 350 shares with ₹14,700 application amount. The retail investors can apply up to 13 lots with 4,550 shares or ₹194,038 amount.
|Minimum Lot Size:||Minimum 350 Shares for 1 lot|
|Minimum Amount:||₹14,700 for 1 lot|
|Maximum Lot Size:||Maximum 4,550 Shares for 13 lot|
|Maximum Amount:||₹191,100 for 13 lot|
Paradeep Phosphates IPO Allotment & Listing Dates
The Paradeep Phosphates IPO date is May 17, 2022 and the close date is May 19, 2022. The Paradeep Phosphates IPO allotment will be finalized on May 25, 2022 and the IPO listing on May 30, 2022.
|Price Band Announcement:||May 11, 2022|
|Anchor Investors Allotment:||May 16, 2022|
|Paradeep Phosphates IPO Open Date:||May 17, 2022|
|Paradeep Phosphates IPO Close Date:||May 19, 2022|
|Basis of Allotment:||May 24, 2022|
|Refunds:||May 25, 2022|
|Credit to Demat Account:||May 26, 2022|
|Paradeep Phosphates IPO Listing Date:||May 27, 2022|
Paradeep Phosphates IPO Form
How to apply for the Paradeep Phosphates IPO? You can apply for Paradeep Phosphates IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Paradeep Phosphates IPO in the Invest section. The other option is you can apply for Paradeep Phosphates IPO via IPO forms download via NSE and BSE. Check out the Paradeep Phosphates forms – Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.
Paradeep Phosphates Company Financial Report
|₹ in Crores|
Paradeep Phosphates IPO Valuation – FY2021
Check Paradeep Phosphates IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
|Earning Per Share (EPS):||₹3.88 per Equity Share|
|Price/Earning P/E Ratio:||N/A|
|Return on Net Worth (RoNW):||3.88%|
|Net Asset Value (NAV):||₹31.76 per Equity Share|
- Coromandel International Limited
- Chambal Fertilizers Chemicals Limited
- Deepak Fertilizers and Petrochemicals Limited
- Zuari Maroc Phosphates Private Limited
- Zuari Agro Chemicals Limited
- OCP S.A
- President of India, acting through the Ministry of Chemicals and Fertilizers, Government of India
Paradeep Phosphates IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Paradeep Phosphates IPO Allotment Status Check
Check Paradeep Phosphates IPO allotment status on Linkintime website allotment URL. Click Here
Paradeep Phosphates IPO Lead Managers
- Axis Capital Limited
- ICICI Securities Limited
- JM Financial Consultants Private Limited
- SBI Capital Markets Limited
Paradeep Phosphates Limited
5 th Floor, Orissa State Handloom Weavers’
Co-Operative Building, Pandit J.N Marg,
Bhubaneswar 751 001,
Phone: +91 080 45855561
Email: [email protected]
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Note: The Paradeep Phosphates IPO price band and date are officially announced. The IPO grey market premium (Paradeep Phosphates IPO Premium) will be added on the IPO grey market page as it will start).