Paradeep Phosphates Ltd. IPO

The company is 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, Phosphogypsum and Hydroflorosilicic Acid (“HFSA”).

RHP
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DRHP
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Open Date

2022-05-17

Close Date

2022-05-19

Paradeep Phosphates Ltd. IPO Details

Check out the issue details for Paradeep Phosphates Ltd. IPO as disclosed in SEBI.

IPO Price

₹ 42

Price Band

₹ 39 - 42

Issue Size

1501.73 Cr.

Issue Type

Book Built

Open

2022-05-17

Close

2022-05-19

Listingprice

₹ 44

ListingGain

4.76%

Listing Date

2022-05-27

CMP

₹ 108.07

Current Return

157.31%

Paradeep Phosphates Ltd. News

Paradeep Phosphates - Quaterly Results28 Oct, 6:01PM Paradeep Phosphates - Quaterly Results28 Oct, 6:01PM Paradeep Phosphates informs about compliance certificate8 Oct, 5:12PM Paradeep Phosphates informs about annual report3 Sep, 5:33PM Paradeep Phosphates informs about notice of 42nd AGM3 Sep, 5:05PM Paradeep Phosphates informs about press release28 Aug, 12:52PM Paradeep Phosphates - Quaterly Results1 Aug, 7:09PM Paradeep Phosphates - Quaterly Results1 Aug, 7:09PM Paradeep Phosphates - Quaterly Results1 Aug, 7:09PM Paradeep Phosphates informs about board meeting23 Jul, 5:01PM Paradeep Phosphates submits voting results of postal ballot and scrutinizer’s report22 Jul, 5:02PM Paradeep Phosphates informs about newspaper publication 21 Jun, 4:13PM Paradeep Phosphates informs about press release 12 Jun, 2:01PM Paradeep Phosphates launching biogenic Nano Urea, Nano DAP 12 Jun, 11:30AM Paradeep Phosphates informs about compliance report29 May, 2:39PM Paradeep Phosphates informs about newspaper publication 16 May, 11:58AM Paradeep Phosphates - Quaterly Results15 May, 12:16PM Paradeep Phosphates - Quaterly Results15 May, 12:16PM Paradeep Phosphates - Quaterly Results15 May, 12:16PM Paradeep Phosphates informs about shutdown of NPK-A plant 17 Feb, 3:37PM

Company Financials

You can get the following financial statements of Paradeep Phosphates Ltd. as of now.

Exchange

NSE: PARADEEP BSE: 543530

  Profit Loss
  Balance Sheet
  Quarterly
  Shareholding
  Cash Flow

The details about the Paradeep Phosphates IPO is as:

  • The issue size of the IPO is 1501.73 Cr.
  • The price band for Paradeep Phosphates IPO is Rs 39 - 42.
  • The shares of Paradeep Phosphates IPO will list on 27th May 2022.
  • The latest tentative GMP of Paradeep Phosphates IPO is Rs 3.
  • The shares of Paradeep Phosphates have been subscribed 0.63 times as of 12:38 PM, 19th May 2022.

Paradeep Phosphates IPO Valuation

The approx valuation of Paradeep Phosphates IPO based on its price band and RHP/DRHP (prospectus) is:

Particulars Value
Upper Price Band Rs 42
Existing Shares (Qty) 57.54 Cr
Fresh Issue 1004 Cr
Market Cap 3420.68 Cr
EPS  Rs 3.88
PE Ratio 0.25x
Industry PE 15.73x

 

Paradeep Phosphates IPO Issue Size

Paradeep Phosphates IPO issue size is 1501.73 Cr.

Issue Amount
Fresh Issue 1004 Cr
Offer For Sale 497.73 Cr

 

Paradeep Phosphates IPO Market Lot

An Individual can apply for a minimum 1 lot of 350 shares and a maximum of 13 lots of 4550 shares. Find the details below:

Application Lot Shares Amount
 Minimum  1 350 Rs 14,700
 Maximum 13 4550 Rs 1,91,100

 

Paradeep Phosphates IPO Offer

The shares of Paradeep Phosphates have been subscribed 0.63 times as of 12:38 PM, 19th May 2022.. The category-wise shares subscription are as follows:

Category % Offered Subscription
Qualified Institutional Maximum 50% 0.08 Times
Non-Institutional Minimum 15% 0.31 Times
Retail Individual Minimum 35% 1.11 Times
Total   0.63 Times

 

Paradeep Phosphates IPO Grey Market Premium

As on GMP (Tentative)
18 May 2022 Rs 3

It is purely for informational purposes and invest in an IPO after thoroughly researching on your own.

 

Find below the dates for Paradeep Phosphates:

Schedule Date
Basis of Allotment 24 May 2022
Refunds 25 May 2022
Credit to Demat Account 26 May  2022
IPO Listing Date 27 May 2022

Check allotment status

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Net Sales 4192.86 5164.73 7858.72 13340.72 11575.12
Total Expenditure 3733.74 4622.49 7187.61 12539.73 10927.09
Operating Profit 459.13 542.25 671.11 800.99 648.03
Other Income 35.53 19.21 39.27 91.07 68.84
Interest 191.79 111.43 85.54 291.24 366.03
Depreciation 72.48 83.33 90.46 175.15 210.67
Exceptional Items 0 0 0 0 0
Profit Before Tax 230.39 366.7 534.38 425.66 140.17
Provision for Tax 36.34 143.23 136.54 121.98 40.93
Net Profit 194.05 223.46 397.84 303.69 99.24
Adjusted EPS (Rs.) 0.34 0.39 0.69 0.37 0.12

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 575.45 575.45 575.45 814.5 814.78
Total Reserves 1028.62 1252.93 1650.31 2690.71 2750.03
Borrowings 139.42 113.41 528.17 611.89 676.51
Other N/C liabilities 49.09 112.86 121.6 149.41 194.29
Current liabilities 3218.28 2369.38 5053.42 6391 5225.93
Total Liabilities 5010.86 4424.04 7928.94 10657.5 9661.54
Assets
Net Block 1214.03 1226.21 1260.6 2871.75 3431
Capital WIP 149.04 220.06 336.29 696.86 372.19
Intangible WIP 0 0 0 0 0
Investments 3.66 3.66 3.66 3.66 3.66
Loans & Advances 37.46 32.57 1192.3 67.81 95.61
Other N/C Assets 1.45 3.11 2.83 2.25 2.18
Current Assets 3605.21 2938.43 5133.26 7015.17 5756.9
Total Assets 5010.86 4424.04 7928.94 10657.5 9661.54
* Other Non-current Liabilities include Net deferred Liabilities

Quarterly Result (All Figures in Cr.)

PARTICULARS Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
Other Income 10.99 8.64 30.03 19.21 14.91
Profit Before Tax 120.37 153.51 25.04 14.16 295.8
Tax 30.94 44.59 4.74 7.83 68.34
Profit After Tax 89.43 108.92 20.3 6.33 227.46
Adjusted EPS (Rs) 1.1 1.34 0.25 0.08 2.79

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Sep 2024 56.08 0
Jun 2024 56.08 0
Mar 2024 56.08 0
Dec 2023 56.08 0
Sep 2023 56.08 0
* Figures given above are % of equity capital

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Profit from operations 230.39 366.7 534.38 425.66 140.17
Adjustment 290.2 219.03 198.14 401.11 520.51
Changes in Assets & Liabilities 778.14 992.55 -690.87 -3066.1 834.44
Tax Paid -28.99 -77.13 -85.52 -137.35 -58.36
Operating Cash Flow 1269.74 1501.15 -43.88 -2376.67 1436.76
Investing Cash Flow -143.16 -289.32 -1098.78 -418.7 -366.86
Financing Cash Flow -1141.23 -1124.38 1588.97 2300.57 -1022.22
Net Cash Flow -14.65 87.44 446.32 -494.81 47.68
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