Ticker > IPO > New Listed IPO > Paradeep Phosphates Ltd.

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

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

₹ 72.3

Current Return

72.14%

News

Paradeep Phosphates informs about shutdown of NPK-A plant 17 Feb, 3:37PM Paradeep Phosphates - Quaterly Results5 Feb, 4:17PM Paradeep Phosphates - Quaterly Results5 Feb, 4:17PM Paradeep Phosphates - Quaterly Results5 Feb, 4:17PM Paradeep Phosphates informs about resumption of production18 Jan, 9:51AM Paradeep Phosphates informs about press release1 Nov, 3:19PM Paradeep Phosphates informs about press release1 Nov, 12:06PM Paradeep Phosphates - Quaterly Results31 Oct, 5:35PM Paradeep Phosphates - Quaterly Results31 Oct, 5:35PM Paradeep Phosphates informs about newspaper publication of AGM notice 4 Sep, 12:44PM Paradeep Phosphates informs about AGM 2 Sep, 2:30PM Paradeep Phosphates informs about newspaper publication 3 Aug, 10:07AM Paradeep Phosphates - Quaterly Results2 Aug, 5:11PM Paradeep Phosphates - Quaterly Results2 Aug, 5:11PM Paradeep Phosphates - Quaterly Results2 Aug, 5:11PM Paradeep Phosphates informs about analyst meet31 Jul, 2:52PM Paradeep Phosphates informs about board meeting 24 Jul, 11:39AM Paradeep Phosphates - Quaterly Results17 May, 1:50PM Paradeep Phosphates - Quaterly Results17 May, 1:50PM Paradeep Phosphates - Quaterly Results17 May, 1:50PM

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

Subscription Details

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.

 

Allotment Details

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 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 4357.91 4192.86 5164.73 7858.72 13340.72
Total Expenditure 3916.38 3733.74 4622.49 7187.61 12539.73
Operating Profit 441.54 459.13 542.25 671.11 800.99
Other Income 39.3 35.53 19.21 39.27 91.07
Interest 159.25 191.79 111.43 85.54 291.24
Depreciation 70.1 72.48 83.33 90.46 175.15
Exceptional Items 0 0 0 0 0
Profit Before Tax 251.49 230.39 366.7 534.38 425.66
Provision for Tax 92.44 36.34 143.23 136.54 121.98
Net Profit 159.05 194.05 223.46 397.84 303.69
Adjusted EPS (Rs.) 0.28 0.34 0.39 0.69 0.37

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 575.45 575.45 575.45 575.45 814.5
Total Reserves 907.35 1028.62 1252.93 1650.31 2690.71
Borrowings 218.88 139.42 113.41 528.17 611.89
Other N/C liabilities 46.74 49.09 112.86 121.6 149.41
Current liabilities 3879.32 3218.28 2369.38 5053.42 6391
Total Liabilities 5627.75 5010.86 4424.04 7928.94 10657.5
Assets
Net Block 1024.34 1214.03 1226.21 1260.6 2871.75
Capital WIP 254.81 149.04 220.06 336.29 696.86
Intangible WIP 0 0 0 0 0
Investments 0.09 3.66 3.66 3.66 3.66
Loans & Advances 32.95 37.46 32.57 1192.3 67.81
Other N/C Assets 0.18 1.45 3.11 2.83 2.25
Current Assets 4315.38 3605.21 2938.43 5133.26 7015.17
Total Assets 5627.75 5010.86 4424.04 7928.94 10657.5
* Other Non-current Liabilities include Net deferred Liabilities

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Other Income 5.54 69.68 19.18 10.99 8.64
Profit Before Tax 242.86 30.06 -158.76 120.37 153.51
Tax 62.04 20.59 -39.35 30.94 44.59
Profit After Tax 180.82 9.47 -119.41 89.43 108.92
Adjusted EPS (Rs) 2.22 0.12 -1.47 1.1 1.34

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2024 56.08 0
Dec 2023 56.08 0
Sep 2023 56.08 0
Jun 2023 56.1 0
Mar 2023 56.1 0
* Figures given above are % of equity capital

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations 251.49 230.39 366.7 534.38 425.66
Adjustment 169.77 290.2 219.03 198.14 401.11
Changes in Assets & Liabilities -1305.19 778.14 992.55 -690.87 -3066.1
Tax Paid -36.42 -28.99 -77.13 -85.52 -137.35
Operating Cash Flow -920.36 1269.74 1501.15 -43.88 -2376.67
Investing Cash Flow -103.27 -143.16 -289.32 -1098.78 -418.7
Financing Cash Flow 1018.45 -1141.23 -1124.38 1588.97 2300.57
Net Cash Flow -5.18 -14.65 87.44 446.32 -494.81
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