Phoenix Overseas IPO Details
| IPO Open Date: | September 20, 2024 |
| IPO Close Date: | September 24, 2024 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹61 to ₹64 Per Share |
| Issue Size: | Approx ₹36.03 Crores |
| Fresh Issue: | Approx ₹29.31 Crores |
| Offer for Sale: | Approx 1,050,000 Equity Shares |
| Issue Type: | Book Built Issue |
| IPO Listing: | NSE SME |
| Retail Quota: | Not more than 42% |
| QIB Quota: | Not more than 15% |
| NII Quota: | Not more than 43% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Phoenix Overseas IPO IPO Market Lot
The Phoenix Overseas IPO minimum market lot is 2000 shares with ₹128,000 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 2000 | ₹128,000 |
| Retail Maximum | 1 | 2000 | ₹128,000 |
| HNI Minimum | 2 | 4,000 | ₹256,000 |
Phoenix Overseas IPO Dates
The Phoenix Overseas IPO date is September 20 and the close date is September 24. The Phoenix Overseas IPO allotment will be finalized on September 25 and the IPO listing on September 27.
| IPO Open Date: | September 20, 2024 |
| IPO Close Date: | September 24, 2024 |
| Basis of Allotment: | September 25, 2024 |
| Refunds: | September 26, 2024 |
| Credit to Demat Account: | September 26, 2024 |
| IPO Listing Date: | September 27, 2024 |
Promoters of Phoenix Overseas IPO
The promoters of the company are Aparesh Nandi, Jayanta Kumar Ghosh and Uday Narayan Singh, BCPL Railway Infrastructure Limited, AN Dealers LLP, JKG Commercial LLP, UNS Commercial LLP and Tricon Logistics Engineering Consultancy Private Limited and Kanhai Singh Welfare Trust.
About Phoenix Overseas IPO
West Bengal-based Phoenix Overseas Limited is engaged in the business of trading and marketing animal feeds and agricultural produce and commodities such as corn, oil cakes, spices like dry red chilies, coriander, cumin seeds, food grains like rice, wheat, corn, sorghum and tea, pulses and agricultural feed like soya bean meal and rice bran de-oiled cake. They are also doing business importing lentils, black urad dal, and tur dal in India in bulk quantities. They have covered Bangladesh and other Asian Countries. The company is recognized as a Three Star Export house by the Ministry of Commerce and Industry, Govt. of India on the date of 1st October 2023 and this recognition is valid for 5 (Five) years. On the other side, the company is engaged in manufacturing bags for men and women made of jute, cotton, canvas, and leather as well as various other fashion accessories for buyers based in European Countries like France, Italy, Germany, UAE, and also in Australia. Purses, wallets, shopping, and fashion bags are manufactured by this company for our clients.
They are also in the B2B sector such as doing traders, dealing majorly in corn/maize and oil cakes. They maintain stocks and distribute them to different institutional parties. The company has the best manufacturing facility in Sodhpur, Kolkata. With long years of experience, the company is providing good quality and competitive pricing, the group is constantly moving up the import-export ladder of the global market.
Phoenix Overseas IPO Company Financial Report
The company reported revenue of ₹549.15 crores in 2024 against ₹451.32 crores in 2023. The company reported a profit of ₹5.50 crores in 2024 against a profit of ₹3.75 crores in 2023.
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 | ₹378.28 | ₹368.71 | ₹3.91 | ₹94.81 |
| 2023 | ₹451.32 | ₹439.33 | ₹3.71 | ₹146.86 |
| 2024 | ₹549.15 | ₹536.18 | ₹5.38 | ₹131.63 |
Phoenix Overseas IPO Valuation – FY2024
Check Phoenix Overseas IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 10.74% |
| ROCE: | 15.28% |
| EBITDA Margin: | 2.37% |
| PAT Margin: | 0.98% |
| Debt to equity ratio: | 0.59 |
| Earning Per Share (EPS): | ₹11.17 (Basic) |
| Price/Earning P/E Ratio: | 17.20 |
| Return on Net Worth (RoNW): | 10.74% |
| Net Asset Value (NAV): | ₹101.83 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| NA | NA | NA | NA | NA | – Cr. |
| NA | NA | NA | NA | NA | – Cr. |
Objects of the Issue
- Funding the working capital requirements
- Pursuing inorganic growth initiatives
- General corporate purposes
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Phoenix Overseas IPO Registrar
Cameo Corporate Services Limited
Phone: +91-44-28460390
Email: [email protected]
Website: https://ipo.cameoindia.com/
IPO Lead Managers aka Merchant Bankers
- Khandwala Securities Limited
Company Address
Phoenix Overseas Limited
13B Bidhan Sarani
Amherst St,
Kolkata,-700006
Phone: +913322198752
Email: [email protected]
Website: https://www.phxglobal.net/
Phoenix Overseas IPO FAQs
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Note: The Phoenix Overseas IPO price band and date are officially announced. The (Phoenix Overseas IPO grey market premium) will be added to the IPO GMP page as it will start).
