Paradeep Parivahan came to market through an SME IPO that opened on 17 March 2025 and closed on 19 March 2025, and the shares listed on 24 March 2025 on BSE SME. The price band was ₹93 to ₹98 per share and one lot was 1200 shares, so the minimum application was ₹1,17,600. The issue size was ₹44.86 crore. The whole issue was fresh shares, so the money raised went to the company.
Bigshare Services Pvt Ltd was the registrar to the issue, and Share India Capital Services Private Limited was the lead manager.
| Day |
|---|
| 1 |
| 2 |
| 3 |
Established in 2000, Paradeep Parivahan Limited is a port services company that specializes in logistics, ship husbandry, and stevedoring. They are based in the Paradip Port, Odisha, India. The following services are offered by the company: Cargo handling:They export and import bulk cargo and cargo Ship husbandry:They offer services and deal with some of the best-known shipping lines in the world. Stevedoring:They are a stevedoring contractor and also one of the largest fleet owners on the east coast of India.
Dredging: They possess a division with ports in India and Southeast Asia. Custom house clearance:They offer custom house clearance and forwarding agency services. Transportation: They offer transportation from mines to ports and intraport transportation. The firm has operations spread across various places, such as Gopalpur, Paradip, Haldia, Visakhapatnam, Jajpur, Joda & Barbil, Chandikhol, Cuttack, and Talcher, serving various industries such as cargo shipping, cement, steel, and railway siding.The firm deals in bulk cargo handling, transport, logistics, and manpower supply services.
It produces agricultural chemicals, specifically complex phosphatic fertilizers like diammonium phosphate. As of March 2025, the firm has 1,124 employees on payroll.
As described in the offer document.
| Metric | 30-Sep-24 | 31-Mar-24 | 31-Mar-23 | 31-Mar-22 |
|---|
Mr. Khalid Khan, Ms. Fouzia Khan, Mr. Pravat Kumar Nandi, Ms. Parbati Priya Nandi.
Work out the listing gain for this SME IPO
If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.
The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.
Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.
Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.
For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.
Paradeep Parivahan IPO was a ₹44.86 crore book-built issue, made up entirely of a fresh issue. It was priced at ₹93–₹98 per share with a lot size of 1,200 shares (₹1,17,600). The IPO was open from March 17 to March 19, 2025. Shares listed on BSE SME on March 24, 2025 at ₹78.40, a 20.0% discount to the issue price of ₹98. Bigshare Services Pvt Ltd is the registrar.
Share India Capital Services Private Limited is the book running lead manager.
The price band of Paradeep Parivahan IPO is ₹93 to ₹98 per share.
The lot size of Paradeep Parivahan IPO is 1200 shares.
The minimum investment for Paradeep Parivahan IPO is approximately ₹1,17,600 based on the upper price band.
The allotment date of Paradeep Parivahan IPO is Mar 20, 2025.
You can check Paradeep Parivahan IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Paradeep Parivahan IPO allotment status on Rupix for quick and easy access.
₹93 to ₹98 per share, against a face value of ₹10. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.
One lot was 1200 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹1,17,600. After listing, SME shares also trade in lots rather than one share at a time.
₹1,17,600, for one lot of 1200 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.
It opened on 17 March 2025 and closed on 19 March 2025.
The basis of allotment was published on 20 March 2025 by Bigshare Services Pvt Ltd, and allotted shares were credited to demat accounts before listing.
The shares listed on 24 March 2025 on BSE SME.
The issue size was ₹44.86 crore. The fresh issue was 45,78,000 shares (aggregating up to ₹44.86 crore).