Paradeep Parivahan Limited IPO: Overview, Date & GMP

Paradeep Parivahan IPO-Complete Overview

Paradeep Parivahan IPO under the SME IPO category is a book built issue of Rs.44.86 Cr by Paradeep Parivahan Limited that was incorporated in 2000. The company specializes in providing port services in the areas of logistics, ship husbandry, and stevedoring. It is stationed at the Paradip Port, Odisha, India.

The company provides the following services:-

• Cargo Handling: Importing and exporting bulk cargo and cargo handling.

• Ship Husbandry: They work with some of the world's best-known shipping lines for service provision and contract works.

• Stevedoring: They are a stevedoring contractor and a fleet owner with one of the largest fleets on the eastern flank of India.

• Dredging: It has a port division in India and South-East Asia.

• Customs House Clearance: Customs house clearance and forwarding agency are provided.

• Transportation: Mine and Port Transportation, also Intraport Transportation.

 

More than one location of operation is served by the company, such as Gopalpur, Paradip, Haldia, Visakhapatnam, Jajpur, Joda & Barbil, Chandikhol, Cuttack, and Talcher. The company serves a variety of industry sectors such as cargo shipping, cement, steel, and railway siding.

The company specializes in handling bulk cargo, transportation, logistics, and manpower supply services.

This Paradeep Parivahan IPO date is on 17 Mar 2025, and its ‘initial public offering’ will end on 19 Mar 2025.

Paradeep Parivahan IPO Overview

The Rs.44.86 crore new SME IPO comprises a wholly fresh issue of 45.78 lac Shares. 

This upcoming IPO date is from March 17 to March 19, 2025. Paradeep Parivahan share price is Rs.93 to Rs.98 for each Share. 

The expected IPO listing date is Monday, 24 March 2025, and listing at BSE and SME.

Click to open demat account and apply for the IPO.

Company Financial

(Amount in Lac)

 

Cash Flows

(Amount in lac)

 

Service-wise Revenue Breakdown

(Amount in lac)

 

The Objective of the Issue

The company desires to use the Net Proceeds from the Issue to fulfill its following goals:

• Fulfill working capital needs

• General corporate purposes.
  
  

Click for the IPO application status check.

 

Peers of Paradeep Parivahan Ltd.

 

Evaluation

The Paradeep Parivahan IPO price is Rs.93 to Rs.98 for each Share.

Evaluation of P/E Ratio

Considering the FY ended 31 Mar 2024 with an EPS of Rs.14.15 from the last year, the resulting P/E ratio is 6.92x.

Considering the weighted EPS of Rs.18.18 for the last three years, the P/E ratio is 5.39x.

Comparative Analysis With Listed Peers

The average P/E Ratio of the industry is 24.78.

In simple words, the P/E ratio of this IPO (6.92x), compared with the industry’s average P/E of 24.78x, has an undervaluation (on a P/E ratio basis only). Hence the price of the Share seems fully priced for the investors when considered based on the average P/E ratio of the industry.

 

IPO's Strengths

• They have been in the industry for more than two decades, thus having in-depth knowledge of the workings of any port and cargo handling.

• The company has operations in major ports and industrial areas of eastern India.

• The company is equipped with modern handling equipment, transport fleets, and trained manpower.

• PATH is dedicated to providing seamless supply chain solutions that focus on quality and cost-effectiveness.

 

IPO’s Weaknesses

• The company’s business operations highly depend upon this transportation infrastructure, including roads, railways, and water transportation. These operations are highly sensitive to political disturbances, weather conditions, accidents, or other regulatory changes which in turn affect profitability. 

• Different regulatory shifts in India, e.g, tax regulations and compliance regulations, may likely increase the cost of operation and create business uncertainty from the foresight of non-compliance. 

• Adverse shifts in the economy, such as increases in inflation rates or interest rates, recession, and external factors of geopolitical tensions like wars or terrorist activities could affect business operations, confidence from investors, and the stock market.  

 

Paradeep Parivahan IPO GMP

IPO GMP today is Rs.0 as of 12 Mar 2025. Hence, the Paradeep Parivahan limited IPO listing price (estimated) is Rs.98.

Paradeep Parivahan IPO Timetable (Tentative)

The Paradeep IPO opening date is from 17 March to March 19, 2025, with allotment on March 20, refund initiation on March 21, and listing on March 24, 2025.

 

Paradeep Parivahan IPO Details 

The IPO with a Face Value of Rs.10 per share offers a total issue size of 45,78,000 Shares (Rs.44.86 Cr).

IPO Lot Details 

The IPO allows retail investors to invest in a minimum and maximum of 1 Lot (1200 Shares) amounting to Rs.1,17,600 and in multiples thereof, while for HNI investors, the minimum Lot is 2 (2400 Shares) amounting to Rs.2,35,200.

 

IPO Reservation (% of Net Issue)

 

Promoters And Management of Paradeep Parivahan Ltd.

• Mr. Khalid Khan

• Ms. Fouzia Khan

• Mr. Pravat Kumar Nandi

• Ms. Parbati Priya Nandi.
  
  

 

IPO Lead Managers

• Share India Capital Services Private Limited.
  
  

Dividend Policy

The company has not paid any dividend since its incorporation.

 

Conclusion

The Paradeep Parivahan IPO is from a company that has a significant position in cargo handling and port logistics. Though the company's finances are strong, yet there are risks related to economic conditions and regulatory changes. Before applying, investors should carefully consider the risks. 

 

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Finowings IPO Analysis

Hope you enjoyed the Finowings IPO Analysis. We tried our best to give every required detail about the company that you should know before applying to the IPO. 

You must consult your financial advisor before making any financial decisions. 

To Apply for the IPO, Click Here.

To Read the Prospectus of the Company Click Here to Download the DRHP.

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DISCLAIMER: This blog is NOT any buy or sell recommendation. The content is purely for educational and information purposes only. Always consult your eligible financial advisor for investment-related decisions. The author does NOT through this blog intend to involve readers in any investment or trading activities.