The second largest private sector manufacturer of non-urea fertilizers company Paradeep Phosphates IPO will open on 17 May 2022 and closes on 19 May 2022. The company fund raise ₹1501.73 crore through this IPO. The IPO will have a fresh issue of ₹1004.00 crore and an offer for sale of ₹497.73 crore. The company fixed the price band of this IPO at ₹39 to ₹42 Per Share. The company has reserved 50% for QIB, 35% for retail and 15% for NII in this IPO. You can check here to know Paradeep Phosphates IPO GMP and Paradeep Phosphates IPO subscription status here.
Paradeep Phosphates Limited (PPL) is India’s third-largest producer of non-urea fertilizer and the second-largest producer of Di-Ammonium Phosphate (DAP). The company 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, Phospho-gypsum and Hydroflorosilicic Acid (“HFSA”). We are also engaged in the trading, distribution and sales of Muriate of Potash (“MOP”), Ammonia, Speciality Plant Nutrients (“SPN”) and City compost. The company fertilizers are marketed under some of the key brand names in the market ‘Jai Kisaan – Navratna’ and ‘Navratna’.
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The manufacturing facility is located in Paradeep, Odisha and includes a DAP and NPK production facility, a Sulphuric acid production plant and a Phosphoric acid production plant and utilize Sulphuric and Phosphoric acids for manufacturing DAP and NPK. The total annual granulation capacity of DAP and NPK production plant was approximately 1.50 million MT and total annual installed capacity of Sulphuric acid production plant was approximately 1.30 million MT, and total annual installed capacity of Phosphoric acid production plant was 0.30 million MT.
The company also have facilities to store our raw material in Paradeep, Odisha and at any point of time, we can store 120,000 MT of Phosphate rock, 65,000 MT of Phosphoric acid solution, 55,000 MT of sulphur, 45,000 MT of Sulphuric acid, 40,000 MT of liquid ammonia and 35,000 MT of MOP. The compay also have two captive power plants of 16 MW.
The company established an extensive sales and distribution network, with a strong presence in the eastern part of India. As of March 31, 2022, we distributed our products across 14 states in India through our network of 11 regional marketing offices and 468 stock points. company network includes 4,761 dealers and over 67,150 retailers, catering to over five million farmers in India, each as of March 31, 2022.
Company Strenghts :
- Second largest manufacturer of Phosphatic fertilizers in India
- Well-positioned to capture favorable Indian fertilizer industry dynamics supported by conducive government regulations
- Driving raw material efficiency through backward integration of facilities and effective sourcing
- Secure and certified manufacturing facility and infrastructure and unutilised land available for expansion
- Strategic location of our manufacturing facility and sizeable material storage, handling and port facilities
- Established brand name backed by an extensive sales and distribution network
- Strong parentage, experienced management team and prominent shareholders
Paradeep Phosphates IPO Review :
■ Apply for Long Term
Paradeep Phosphates IPO Date & Price Band & Details :
| IPO Open : | 17 May 2022 |
| IPO Close : | 17 May 2022 |
| IPO Size : | ₹1501.73. Cr |
| Face Value : | ₹10. Equity Share |
| Price Band : | ₹39–₹42 Per Share |
| Listing On : | BSE, NSE |
| Issue Size : | ₹1501.73. Cr |
| Fresh Issue : | ₹1004.00. Cr |
| Offer For Sale : | ₹497.73 Cr |
Paradeep Phosphates IPO Market Lot :
Paradeep Phosphates IPO Minimum Market lot is 1 Lot with 350 shares with ₹14,700 Application amount. The retail investors can apply up to 13 lots with 4550 Shares or ₹191,100 amounts.
| Minimum Lot Size : | 1 Lot |
| Minimum Share : | 350 Shares |
| Minimum Amount : | ₹14,700 |
| Maximum Lot Size : | 13 Lot |
| Maximum shares : | 4550 Shares |
| Maximum Amount : | ₹191,100 |
Paradeep Phosphates IPO Shares Offer :
A Total of 3,57,554,762 shares are to be bid for the public issue by Paradeep Phosphates IPO with 2,39,047,619 for Fresh issue and 118,507,143 for offer for sale Shares.
| Category | Shares Offers | Amount |
| Fresh issue : | 23,90,47,619 | ₹1004.00 Cr |
| Offer For Sale : | 118,507,143 | ₹497.73 Cr |
| Total : | 3,57,554,762 | ₹1501.73 cr |
Paradeep Phosphates IPO Reservation :
Paradeep Phosphates IPO Total Reservation of 3,57,554,762 shares are to be bid for the public issue by Paradeep Phosphates IPO with 178,777,381 for QIB and 53,633,214 for NII 125,144,167 For RII & – Shares EMP.
| Category | Reservation | Shares | Amount |
| QIB : | 50% | 178,777,381 | ₹750.87 Cr |
| NII : | 15% | 53,633,214 | ₹225.26 Cr |
| RII : | 35% | 125,144,167 | ₹525.60 Cr |
| EMP : | – % | – | ₹- |
| Total : | 100% | 3,57,554,762 | ₹1501.73 Cr |
Paradeep Phosphates IPO EPS :
The Paradeep Phosphates company’s EPS growth is Increasing every year, which is shown to you in the table here.
| Year | EPS Growth in (Rs.) |
| 2021-9M | ₹6.30 |
| 2021 | ₹3.88 |
| 2020 | ₹3.36 |
| 2019 | ₹2.76 |
Paradeep Phosphates IPO Peer Comparison PE :
The Paradeep Phosphates, According to DRHP of the company few company are listed whose PE Multiple is shown in this table.
| Sr. No. | Company | PE Ratio |
| 1. | Coromandel International Limited | 18.72 |
| 2. | Chambal Fertilizers Chemicals Limited | 11.57 |
| 3. | Deepak Fertilizers and Petrochemicals Limited | 16.91 |
Paradeep Phosphates IPO Dates :
Paradeep Phosphates IPO Date is 17 May 2022 and Closes on 19 May 2022. The allotment will be finalized on Announced Soon and the IPO may list on Announced Soon.
| Open Date : | 17 May 2022 |
| Close Date : | 19 May 2022 |
| Allotment Date : | 24 May 2022 |
| Refund Date : | 25 May 2022 |
| Share Credit Date : | 26 May 2022 |
| Listing Date : | 27 May 2022 |
Paradeep Phosphates IPO Form :
There are two ways to apply in Paradeep Phosphates IPO. You can apply for Paradeep Phosphates IPO through ASBA available in your bank account. You have to go to your online bank login and select Paradeep Phosphates IPO in the Invest section and apply through your bank account. Another option is you can apply for Paradeep Phosphates IPO through IPO form download through NSE and BSE. See the Paradeep Phosphates IPO Form – Download the NSE Form and BSE Form IPO Form, fill it, and submit it to your bank or your broker.
Paradeep Phosphates Company Financial Report (millions) :
| Year | Revenue | Expense | PAT |
| 2021-9M | ₹59,736.88 | ₹54,914.00 | ₹3,627.84 |
| 2021 | ₹51,839.41 | ₹48,172.43 | ₹2,232.68 |
| 2020 | ₹42,277.76 | ₹39,973.86 | ₹1,932.20 |
| 2019 | ₹43,972.13 | ₹41,457.26 | ₹1,589.63 |
Company Promoters :
■ Saroj Kumar Poddar
Quick Link :
■ DRHP Draft Prospectus
■ RHP Draft Prospectus
Paradeep Phosphates IPO Lead Managers :
■ Axis Capital Limited
■ ICICI Securities Limited
■ JM Financial Limited
■ SBI Capital Markets Limited
Paradeep Phosphates IPO Registrar :
Link Intime India Private Limited
C-101, 1st Floor, 247, Lal Bahadur Shastri Marg,
Vikhroli (West), Mumbai 400 083
Maharashtra, India
Tel: +91 22 4918 6200
E-mail: [email protected]
Website: www.linkintime.co.in
Investor grievance e-mail: [email protected]
Note: Check Paradeep Phosphates IPO allotment status Visit IPOBAZAR Allotment Page And Search Your Registrar IPO Allotment Link. Click Here
Company Address :
Paradeep Phosphates Limited
5th Floor, Orissa State Handloom Weavers’
Co-Operative Building, Pandit J.N Marg,
Bhubaneswar 751 001,
Odisha, India
Tel: +91 080 45855561
E-mail: [email protected]
Website: www.paradeepphosphates.com
Paradeep Phosphates IPO FAQs :
What is Paradeep Phosphates IPO?
Paradeep Phosphates IPO is Mainboard IPO. They are going to raise ₹1501.73. Crores via IPO. The issue is priced at ₹39-₹42 per equity share. The IPO is to be listed on NSE, BSE.
When Paradeep Phosphates IPO will open?
The IPO is to open on 17 May 2022 and closes on 19 May 2022 for QIB, NII & RII.
What is Paradeep Phosphates IPO Size?
Paradeep Phosphates IPO size is ₹1501.73 Crores.
What is the Fresh issue size of Paradeep Phosphates IPO?
The Fresh issue size of Paradeep Phosphates IPO ₹1004.00 Cr.
What is the Offer For Sale size of Paradeep Phosphates IPO?
The Offer For Sale size of Paradeep Phosphates IPO ₹497.73 Cr.
What is Paradeep Phosphates IPO Price Band?
Paradeep Phosphates IPO Price Band is ₹39-₹42 Per share.
What is Paradeep Phosphates IPO Minimum and Maximum Lot Size?
The minimum 350 Shares with ₹14,700 amount while the maximum 4550 shares with ₹191,100.
What is Paradeep Phosphates IPO Investors Portion?
The investors’ portion for QIB 50%, NII 15%, RII 35%.
What is Paradeep Phosphates IPO Allotment Date?
Paradeep Phosphates IPO allotment date is 24 May 2022.
What is Paradeep Phosphates IPO Listing Date?
Paradeep Phosphates IPO listing date is 27 May 2022. The IPO to list on NSE, BSE.
How to Apply the Paradeep Phosphates IPO through Zerodha?
Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Paradeep Phosphates IPO”. 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.
How to Apply the Paradeep Phosphates IPO through Upstox?
Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Paradeep Phosphates IPO”. 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.
How to Apply the Paradeep Phosphates IPO through Groww?
Log in to Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Paradeep Phosphates IPO”. 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.
How to Apply the Paradeep Phosphates IPO through Paytm Money?
Log in to the Paytm Money Website or app. Now you can see Invest is IPOs Section and Click on IPO. You will see the IPO Name “Paradeep Phosphates IPO”. 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.
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