PDP Shipping IPO subscribed 1.01 times overall on the last day, a retail quota was subscribed over 1.88 times, NII was subscribed over 0.14 times, and QIB was subscribed over 0.00.
PDP Shipping IPO Details
PDP Shipping IPO got approval from SEBI for an IPO of ₹12.65 crores. PDP Shipping IPO consists of a fresh issue of ₹12.65 crores with a face value of ₹10 each. Further, it had a set price band between ₹135 per share.
In the PDP Shipping IPO, 1000 shares were in 1 lot size for retail minimum and maximum categories.
Moreover, 2000 shares were in 2 lot sizes for the S-HNI category.
To invest in the PDP Shipping IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum and maximum investment of ₹1,35,000
- SHNI (S-HNI): Minimum investment of ₹2,70,000
PDP Shipping IPO’s Subscription Duration
PDP Shipping IPO’s subscription started on March 10, 2025, and closed on March 12, 2025. The PDP Shipping IPO’s allotment date was March 13, 2025, and they received a refund on March 17, 2025. PDP Shipping IPO listing is on March 18, 2025.
PDP Shipping IPO’s Funds Deployment
- Partial funding for long-term working capital needs.
- General business purposes.
About PDP Shipping IPO Company
Founded in 2009, PDP Shipping & Projects Limited began offering comprehensive logistics solutions, including sea and air freight, customs clearance, and project logistics.
As an Authorized Economic Operator (AEO), the company facilitates global cargo transportation via sea, air, road, rail, and multimodal methods. With a skilled and experienced team, PDP Shipping & Projects delivers high-quality, customized global transportation solutions tailored to clients’ needs. Operating with an asset-light business model, the company relies on a network of third-party transport operators, logistics infrastructure providers, and global agencies to support its cargo operations.
PDP Shipping IPO Company Financial Report
The company generated a revenue of ₹20.58 crores in 2024, compared to ₹22.6 crores in 2023. It reported a profit of ₹2.31 crores in 2024, up from ₹1.68 crores in 2023.
