PDP Shipping IPO subscription started on March 10, 2025 and will close on March 12, 2025, as per the schedule. The price band is set at ₹135 per share with a face value of ₹10.
PDP Shipping IPO Subscription Status
PDP Shipping IPO Subscribed over 0.24x on its First day till 5.00 PM on 10th March 2025.
- PDP Shipping IPO subscription QIB investors portion is 0 times, while NII subscribed 0.03 times and RII investors subscribed 0.46 times.
- The company has received bids for 2,16,000 shares against 8,90,001 shares on offer on the First day of subscription.
- PDP Shipping IPO subscribed over 0.24x on its First day
About PDP Shipping Company
PDP Shipping & Projects Limited was founded in 2009 and started to give comprehensive logistics solutions, covering sea and air freight, customs clearance, and project logistics.
As an Authorized Economic Operator (AEO), the company helps transport cargo worldwide by sea, air, road, rail, and through combined methods. This company has a skilled and experienced professional team which are trained to deliver high-quality, customized global transportation solutions that meet clients’ needs. Further, by following an asset-light business model, its cargo operations are supported by a network of third-party transport operators, logistics infrastructure providers, and global agency networks.
This firm has good strengths to keep a good financial background, such as end-to-end logistic services, a large existing network. It aims to aggressively enter both domestic and international markets, growing its market presence by expanding its service and distribution network.
PDP Shipping Financial Report
The company reported revenue of ₹20.58 crores in 2024 against ₹22.6 crore in 2023. The company reported profit of ₹2.31 crores in 2024 against profit of ₹1.68 crores in 2023.
PDP Shipping IPO GMP
PDP Shipping’s IPO GMP was ₹0 as of Monday, 10th March 2025. That indicates the IPO is trading at ₹135 with ₹0 premium in the grey market against the issue price of ₹135.
