Listed
Paradeep Parivahan Limited IPO
Paradeep Parivahan IPO is a book built issue of Rs 44.86 crores. The issue is entirely a fresh issue of 45.78 lakh shares. Paradeep Parivahan IPO bidding started from March 17, 2025 and ended on March 19, 2025. The allotment for the Paradeep Parivahan IPO is expected to be finalized on Thursday, March 20, 2025. Paradeep Parivahan IPO will be list on BSE SME with a tentative listing date fixed as Monday, March 24, 2025.
Min Investment
₹1,11,600
Lot Size
93.00 - 98.00 Shares
Price Range
₹93.00 - 98.00
Issue Size (₹ Cr.)
₹44.86 Cr
IPO Type
SME
Key Metrics
Face Value
₹ 10 per share
GMP
Subscription
1.78x
EPS
₹ 6.50
P/E Ratio
15.07 x
RoNW
33.62%
ROE
33.62%
Debt to Equity (₹ Cr.)
0.98
Timeline
IPO Opened17/03/2025Monday
IPO Closed19/03/2025Wednesday
Allotted20/03/2025Thursday
Refunded21/03/2025Friday
Listed24/03/2025Monday
Strengths
- Strategic Location & Industry Presence – The company operates near key ports and industrial hubs, ensuring efficient logistics and transportation services.
- Consistent Debt Reduction – The Debt-to-Equity ratio decreased from 2.40x (2021) to 0.98x (2023), reflecting improved financial stability.
- Strong Demand for Logistics Services – Rising trade activities, port infrastructure growth, and government support for logistics drive business expansion.
- IPO to Strengthen Operations – ₹35 crore allocated for working capital, enhancing business scalability and operational efficiency.
- Diversified Client Base – Serves multiple industries, including shipping, steel, and construction, reducing reliance on a single sector.
Weaknesses
- High Dependence on Working Capital – A significant portion (78.04% of IPO proceeds) is allocated for working capital, indicating high operational cash requirements.
- Exposure to Economic & Trade Cycles – The company’s business is sensitive to fluctuations in trade volumes, fuel prices, and global economic conditions, affecting profitability.
- Moderate Debt Levels – Despite improvement, the Debt-to-Equity ratio of 0.98x suggests a reliance on debt financing, increasing financial obligations.
- Competitive Market – Operates in a highly competitive logistics industry, facing pricing pressures from larger, well-established players.
- Regulatory & Compliance Risks – Subject to transportation, environmental, and trade regulations, which can lead to operational disruptions and compliance costs.
Financials
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets(₹Cr) | 164.35 | 138.09 | 116.78 | 118.23 |
| Revenue(₹Cr) | 137.94 | 211.62 | 202.81 | 188.69 |
| Profit After Tax(₹Cr) | 5.18 | 15.02 | 6.56 | 2.84 |
| Net Worth(₹Cr) | 59.89 | 54.71 | 34.65 | 28.1 |
| Reserves and Surplus(₹Cr) | 48.55 | 43.37 | 29.4 | 22.85 |
| Total Borrowing(₹Cr) | 46.21 | 35.09 | 36.11 | 47.17 |
Subscription Details
IPO Bidding Live Updates from BSE SME
| Day | # of Share Offered | Number of Lots Offered | 17th Mar 2025 18:56 | 18th Mar 2025 18:56 | 19th Mar 2025 15:16 |
|---|---|---|---|---|---|
| QIB | 7,96,800 | 664 | 0.00x | 0.26x | 1.33x |
| NII | 5,97,600 | 498 | 0.05x | 0.25x | 2.65x |
| RII | 13,93,200 | 1161 | 0.18x | 0.46x | 1.66x |
| Total | 27,87,600 | 2323 | 0.10x | 0.36x | 1.78x |
IPO Bidding Live Number of Shares by Category
| Category | Number of Shares offered | Number of Shares Bid | Bid Amount(Rs Cr) | ||
|---|---|---|---|---|---|
| QIB | 7,96,800 | 10,63,200 | 10.42 | ||
| NII | 5,97,600 | 15,81,600 | 15.50 | ||
| RII | 13,93,200 | 23,10,000 | 22.64 | ||
| Total | 27,87,600 | 49,54,800 | 48.56 |
Company Details
- Room No 204 Above OBC Bank Street Port Town Paradeep, Jagatsinghpur -754142
+91 67425 90169
- info@paradeepparivahan.com
- https://www.paradeepparivahan.com/
Registrar Details
- N/A
+91-22-6263 8200
- jibu@bigshareonline.com
- https://ipo.bigshareonline.com/IPO_Status.html
