Paradeep Phosphates IPO Details

Paradeep Phosphates IPO subscription is to open on 17 May 2022 and will close on 19 May 2022, Paradeep Phosphates are primarily engaged in manufacturing, trading, distribution and sales of a variety of complex fertilizers. Check the Paradeep Phosphates Subscription Status & Allotment Status.

Paradeep Phosphates IPO Date, Price, GMP, Review, Allotment, Subscription, Analysis & Documents

About Paradeep Phosphates

Paradeep Phosphates is the second-largest private-sector manufacturer of non-urea fertilizers in India and the second-largest private-sector manufacturer in terms of Di-Ammonium Phosphate (“DAP”) volume sales. Paradeep Phosphates are primarily engaged in manufacturing, trading, distribution, and sales of a variety of complex fertilizers such as DAP, three grades of Nitrogen-Phosphorus-Potassium (“NPK”) (namely NPK-10, NPK-12 and NP-20), Zypmite, Phospho-gypsum and Hydroflorosilicic Acid (“HFSA”). We are also engaged in the trading, distribution and sales of Muriate of Potash (“MOP”), Ammonia, Speciality Plant Nutrients (“SPN”) and City compost. Our fertilizers are marketed under some of the key brand names in the market ‘Jai Kisaan – Navratna’ and ‘Navratna’.

Important Details – Paradeep Phosphates

DateDetails
December 24, 1981The company was initially incorporated as “Paradeep Phosphates Limited” a private limited company, in Odisha
April 29, 2002The company was converted to a public company

Objects of the Issue

  • Part-financing the acquisition of the Goa Facility;
  • Repayment/prepayment of certain of our borrowings; and
  • General corporate purposes.

Also Read

Paradeep Phosphates Limited Financials:

Summary of financial Information (Restated Consolidated Statement)

Particulars For the year ended (₹ in millions)
  31-Dec-21 31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 71,862.67 44,231.67 50,103.25 56,276.58
Total income 59,736.88 51,839.41 42,277.76 43,972.13
Total Expenses 54,914.00 48,172.43 39,973.86 41,457.26
Profit After Tax 3,627.84 2232.68 1,932.20 1,589.63

Paradeep Phosphates IPO Price – Details

DescriptionParadeep Phosphates IPO Details
Public IssueInitial Public Issue of upto 37,59,43,390 Equity Shares of ₹ 10 (aggregating up to ₹ [.] million)
Issue Open  Date17-May-22
Issue Close Date19-May-22
Issue TypeBook Building
IPO Price Band₹ 39 – ₹ 42
Face Value ₹ 10
Market Lot 350 Equity Shares and in multiples thereof
Minimum Order Quantity 350 Equity Shares
Maximum Subscription Amount for Retail InvestorRs. 2,00,000
Listing NSE, BSE
NSE SymbolPARADEEP
IPO Market Timings 10.00 a.m. to 5.00 p.m.

Paradeep IPO Lot Size

ApplicationLotsNo of SharesAmount (Rs)
Minimum1350₹ 14,700
Maximum134550₹ 1,91,100

Paradeep IPO Lead Managers

  • Axis Capital Limited
  • ICICI Securities Limited
  • JM Financial Limited
  • SBI Capital Markets Limited

Paradeep IPO Registrar

Paradeep IPO Allotment Date, Listing Date and other Important Dates

DetailsImportant Dates
Bid / Offer Opens on17-May-22
Bid / Offer Closes on19-May-22
Finalisation of Basis of Allotment24-May-22
Initiation of refunds 25-May-22
Credit of the Equity Shares26-May-22
Listing Date27-May-22

Company Peers – Comparison of Accounting Ratios

Name of CompanyFace Value EPS (Basic)
(₹)
Total Income
(₹ in
million)
NAV, as on March 31, 2021
(₹ per share)
Paradeep Phosphates Limited103.8851,839.4131.76
Coromandel International Limited145.341,42,570176
Chambal Fertilizers Chemicals Limited1039.761,27,564126
Deepak Fertilizers and Petrochemicals Limited1041.4758,412263

Company Corporate Office

3rd Floor, Adventz Centre,
28, Union Street,
Off. Cubbon Road,
Bengaluru 560 001,
Karnataka, India
Website: www.paradeepphosphates.com

Company Registered Office

5th Floor, Orissa State Handloom
Weavers’ Co-Operative Building,
Pandit J.N Marg,
Bhubaneswar 751 001,
Odisha, India

Company Promoters

  • Zuari Maroc Phosphates Private Limited
  • Zuari Agro Chemicals Limited
  • OCP S.A and President of India,
  • Acting through the Ministry of Chemicals and Fertilizers, Government of India

Paradeep Phosphates IPO – FAQS

What is the Paradeep IPO Price?

The Paradeep IPO price band is ₹ 39 – ₹ 42 per share

When Paradeep IPO will open?

The Paradeep IPO opens on May 17, 2022 and closes on May 19, 2022

What is the lot size of Paradeep IPO?

The Paradeep Phosphates IPO lot size is 350 Equity Shares and the minimum order quantity is 350 Equity Shares

Who is the Registrar for Paradeep Phosphates IPO?

The Registrar for Paradeep Phosphates IPO is Link Intime India Private Limited

How to apply in Paradeep Phosphates IPO through UPI?

Check the step by step process here – Click here

How to apply in Paradeep Phosphates IPO through Zerodha?

Check the step by step process here – Click here

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