Friday, May 27, 2022

Paradeep Phosphates IPO Date, Review, Price, Allotment & Analysis

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 ₹1501 crores via IPO that comprises fresh issue of ₹1004 crores and offer for sale up to 118,507,493 equity shares of ₹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. You can check Paradeep Phosphates IPO subscription status and Paradeep Phosphates IPO allotment status on their respective pages.

Paradeep Phosphates IPO Important Details:

  • India's third-largest producer of non-urea fertilizer.
  • The second-largest producer of Di-Ammonium Phosphate (DAP).
  • Annual turnover of about Rs. 5,000 crores.
  • Strong presence in east India.
  • Distribute their products in 14 states in India
  • They have 11 regional marketing offices and over 450 stock points across India.
  • The PAT is growing YOY as well as the Revenues as well.
  • Zuari Maroc Phosphates Private Limited (ZMPPL) holds 80.45% of the equity share capital.
  • The government of India also holds equity share capital in the company.
  • Government to sell their 19.55% - entire stake in the company via initial public offerings.
  • Zuari Maroc Phosphates Pvt Ltd (ZMPPL) will offload 60,18,493 equity shares via OFS.
Paradeep Phosphates

    Paradeep Phosphates IPO Review (Good or Bad)

    • Apply
    • Good for Short Term & Long Term

    Brokerage Firm IPO Review

    • Choice Broking: Apply
    • Angel One: Neutral
    • Arihant Capital: Apply for Long Term
    • Dalal & Broacha Stock Broking: Apply for Listing Gain
    • Capital Market: Neutral

    Paradeep Phosphates IPO Date & Price Band

     Paradeep Phosphates IPO Open:  May 17, 2022
     Paradeep Phosphates IPO Close:  May 19, 2022
     Paradeep Phosphates IPO Size:  Approx ₹1,501 Crores
     Fresh Issue:  Approx ₹1,004 Crores
     Offer for Sale:  Approx 118,507,493 Equity Shares
     Face Value:  ₹10 Per Equity Share
     Paradeep Phosphates IPO Price Band:  ₹39 to ₹42 Per Share
     Paradeep Phosphates IPO Listing on:  BSE & NSE
     Retail Quota:  35%
     QIB Quota:  50%
     NII Quota:  15%
     Discount:  N/A
     DRHP Draft Prospectus:  Click Here
     RHP Draft Prospectus:  Click Here
     Anchor Investors List:  Click Here

    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.

     Minimum Lot Size:  Minimum 350 Shares for 1 lot
     Minimum Amount:  ₹14,700 for 1 lot
     Maximum Lot Size:  Maximum 4,550 Shares for 13 lot
     Maximum Amount:  ₹191,100 for 13 lot

    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.

     Price Band Announcement:  May 11, 2022
     Anchor Investors Allotment:  May 16, 2022
     Paradeep Phosphates IPO Open Date:  May 17, 2022
     Paradeep Phosphates IPO Close Date:  May 19, 2022
     Basis of Allotment:  May 24, 2022
     Refunds:  May 25, 2022
     Credit to Demat Account:  May 26, 2022
     Paradeep Phosphates IPO Listing Date:  May 27, 2022

    Paradeep Phosphates IPO Form

    How to apply for the Paradeep Phosphates IPO? You can apply for Paradeep Phosphates IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Paradeep Phosphates IPO in the Invest section. The other option is you can apply for Paradeep Phosphates IPO via IPO forms download via NSE and BSE. Check out the Paradeep Phosphates forms - Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.


    Paradeep Phosphates Company Financial Report

      ₹ in Crores

    Revenue Expense PAT
    2019 ₹4397 ₹4146 ₹159
    2020 ₹4228 ₹3997 ₹193
    2021 ₹5184 ₹4817 ₹223
    2021 9M
    ₹5974 ₹5491 ₹363

    Paradeep Phosphates IPO Valuation - FY2021

    Check Paradeep Phosphates IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

     Earning Per Share (EPS):  ₹3.88 per Equity Share
     Price/Earning P/E Ratio:  N/A
     Return on Net Worth (RoNW):  3.88%
     Net Asset Value (NAV):  ₹31.76 per Equity Share

    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 Here

    Paradeep 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

    Paradeep Phosphates IPO FAQs


    What is Paradeep Phosphates IPO?

    Paradeep Phosphates IPO is a main-board IPO. They are going to raise ₹1501 Crores via IPO. The issue is priced at 39 to 42 per equity share. The IPO is to be listed on BSE & NSE.

    When Paradeep Phosphates IPO will open?

    The IPO is to open on May 17, 2022 for QIB, NII, and Retail Investors.

    What is Paradeep Phosphates IPO Investors Portion?

    The investors' portion for QIB-50%, NII-15%, and Retail 35%.

    How to Apply the Paradeep Phosphates IPO?

    You can apply Paradeep Phosphates IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

    How to Apply the Paradeep Phosphates IPO through Zerodha?

    Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name "Paradeep Phosphates". Click on Bid Button. Enter your UPI ID, Quantity and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

    How to Apply the Paradeep Phosphates IPO through Upstox?

    Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name "Paradeep Phosphates". Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

    How to Apply the Paradeep Phosphates IPO through Paytm Money?

    Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name "Paradeep Phosphates". Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

    What is Paradeep Phosphates IPO Size?

    Paradeep Phosphates IPO size is ₹1501 crores.

    What is Paradeep Phosphates IPO Price Band?

    Paradeep Phosphates IPO Price Band is ₹39 to ₹42.

    What is Paradeep Phosphates IPO Minimum and Maximum Lot Size?

    The minimum bid is 350 Shares with ₹14,700 amount while the maximum bid is 4550 shares with ₹191,100.

    What is the Paradeep Phosphates IPO Allotment Date?

    Paradeep Phosphates IPO allotment date is May 24, 2022.

    What is the Paradeep Phosphates IPO Listing Date?

    Paradeep Phosphates IPO listing date is May 27, 2022. The IPO is to list on BSE and NSE.

    Note: The Paradeep Phosphates IPO price band and date are officially announced. The IPO grey market premium (Paradeep Phosphates IPO Premium) will be added on the IPO grey market page as it will start).

    Follow IPO Watch for the Upcoming IPO news and their reviews, also keep following us on TwitterFacebook, and Instagram. For our latest videos, subscribe to our YouTube channel.