Paradeep Phosphates IPO date is fixed, the IPO is to open on May 17 and closes on May 19, 2020. Paradeep Phosphates IPO to raise around Rs.1501 crores via IPO that comprises fresh issue of Rs.1004 crores and offer for sale up to 118,507,493 equity shares of Rs.10 each. The retail quota is 35% while QIB is 50% and HNI is 15%.Paradeep Phosphates Limited (PPL) was incorporated in 1981. Paradeep Phosphates is India's third-largest producer of non-urea fertilizer and the second-largest producer of Di-Ammonium Phosphate (DAP). They are marketing fertilisers under the brand names 'Jai Kisaan - Navratna' and 'Navratna'. The primary promoters of the company, Zuari Maroc Phosphates Private Limited (ZMPPL), a joint venture of Zuari Agro Chemicals Limited (ZACL) and the OCP Group S.A. holds 80.45% of the equity share capital of the Company, with the remaining 19.55% stake held by the Government of India. They manufacture, trade distributes, and sells various types of complex fertilisers. This includes DAP, a total of three types of NPK (NP-10, NP-12, NP-20), Zypmite, Phosphogypsum, and Hydroflorosilicic Acid (HFSA). Additionally, the company engages in the trading, distribution, and sales of Muriate of Potash (MOP), Ammonia, Specialty Plant Nutrients (SPN), and City Compost. The company has an annual turnover of about Rs. 5,000 crores with 1.40 Million MT Annual capacity of fertiliser, 1,000 Employees, and 5 Million Farmers outreach. They have a strong presence in East India with good sales and distribution network of their products. They provide their products in 14 states in India from the network of 11 regional marketing offices and over 450 stock points.
Paradeep Phosphates IPO Date, Size & Price Band
| Paradeep Phosphates IPO Date | 17 – 19 May 2022 |
| IPO Price Band | INR39 – 42 per share |
| Fresh issue | INR1,004 crore |
| Offer For Sale | 118,507,493 shares (INR462.18 – 497.73 crore) |
| Total IPO size | INR1,466.18 – 1,501.73 crore |
| Minimum bid (lot size) | 350 shares |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | NSE, BSE |
Paradeep Phosphates IPO Market Lot
The Paradeep Phosphates IPO minimum market lot is 350 shares with ₹14,700 application amount. The retail investors can apply up to 13 lots with 4,550 shares or ₹194,038 amount.
Paradeep Phosphates IPO Allotment & Listing Dates
The Paradeep Phosphates IPO date is May 17, 2022 and the close date is May 19, 2022. The Paradeep Phosphates IPO allotment will be finalized on May 25, 2022 and the IPO listing on May 30, 2022.
Paradeep Phosphates Company Financial Report
| Rs. in Crores | |||||
| Revenue | Expense | PAT | |||
| 2019 | Rs.4397 | Rs.4146 | Rs.159 | ||
| 2020 | Rs.4228 | Rs.3997 | Rs.193 | ||
| 2021 | Rs.5184 | Rs.4817 | Rs.223 | ||
| 2021 9M | Rs.5974 | Rs.5491 | Rs.363 | ||
Peer Group
- Coromandel International Limited
- Chambal Fertilizers Chemicals Limited
- Deepak Fertilizers and Petrochemicals Limited
Company Promoters
- Zuari Maroc Phosphates Private Limited
- Zuari Agro Chemicals Limited
- OCP S.A
- President of India, acting through the Ministry of Chemicals and Fertilizers, Government of India
Paradeep Phosphates IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: ppl.ipo@linkintime.co.in
Website: https://linkintime.co.in/
Paradeep Phosphates IPO Allotment Status Check
Check Paradeep Phosphates IPO allotment status on Linkintime website allotment URL. Click HereParadeep Phosphates IPO Lead Managers
- Axis Capital Limited
- ICICI Securities Limited
- JM Financial Consultants Private Limited
- SBI Capital Markets Limited
Company Address
Paradeep Phosphates Limited
5 th Floor, Orissa State Handloom Weavers'
Co-Operative Building, Pandit J.N Marg,
Bhubaneswar 751 001,
Phone: +91 080 45855561
Email: cs.ppl@adventz.com
Website: http://www.paradeepphosphates.com
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