Paradeep Phosphates IPO : Incorporated in 1981, Paradeep Phosphates Ltd (PPL) is 3rd largest producer of non-urea fertilizer and the second-largest producer of Di-Ammonium Phosphate (DAP) in India.
List of Topic Covered
Key Features of Paradeep Phosphates IPO
- This IPO will open on 17th May 2022
- You can apply in this IPO from 17th – 19th May 2022
- Issue Price band of the company is ₹ 39 to ₹ 42 per equity share.
- Paradeep Phosphates IPO will raise via fresh issue of approx ₹ 1,004 Crores and through an offer for sale (OFS) of 118,507,493 equity shares.
- It has a minimum 350 shares in one lot and you have to spend a minimum of ₹ 14,700 for 1 lot.
- Paradeep Phosphates Ltd is looking to raise ₹ 1,501 Crores through this IPO.
What is Paradeep Phosphates Ltd ?
- Started operations in 1981, Paradeep Phosphates Ltd is the producer of non-urea fertilizer and Di-Ammonium Phosphate (DAP) in India.
- The company manufactures, trades, distributes, and sells fertilizers like DAP, NPK (NP-10, NP-12, NP-20), Zypmite, Phosphogypsum, and Hydrofluorosilicic Acid (HFSA).
- They also trades, distributes and sells fertilizers like Muriate of Potash (MOP), Ammonia, Specialty Plant Nutrients (SPN), and City Compost
- Their vision is to become one stop solution for the farm economy.
- They have annual turnover of Rs. 5,000 crores, annual capacity of 1.40 Million MT of fertilizer, 1000 employees and 5 million farmers outreach.
- Narayanan Suresh Krishnan is the MD and CEO of Paradeep Phosphates Ltd.
- On the revenue front, Paradeep Phosphates has been making profits for the last 3 consecutive years. A strong positive signal for investors.
GMP of Paradeep Phosphates IPO
- Grey market is an unregulated market to trade IPO shares before listing.
- Paradeep Phosphates IPO price band is placed at ₹ 39 to ₹ 42
- But the grey market premium of this share is currently 7.14 % i.e. at ₹ 3.
- So the share price of Paradeep Phosphates IPO in the grey market is ₹ 45 (₹ 42 + ₹ 3)
Click here to Get Details IPO Grey Market Premium (GMP) Live
Paradeep Phosphates IPO Live Subscription Status
The Paradeep IPO subscribed 1.75 times on the final day i.e. on May 19,2022
Click here to Get Details IPO Subscription Status Live
Paradeep Phosphates IPO Date, Lot Size, Allotment
Paradeep Phosphates IPO Details
| IPO Start Date | May 17, 2022 |
| IPO Close Date | May 19, 2022 |
| Fresh Equity Share Issue | ₹ 1,004 Crores worth of equity shares |
| Offer for Sale | Approx. 118,507,493 Equity Shares |
| Face Value | ₹ 10 Per Equity Share |
| Price Band | ₹ 39 – ₹ 42 Per Equity Share |
| Retail Quota Share | 35% |
| QIB Quota | 50% |
| NII (HNI) Quota | 15% |
| Listing on | NSE & BSE |
| Employee Discount | – |
| DRHP | View |
Paradeep Phosphates IPO Timetable
| IPO Start Date | May 17, 2022 |
| IPO Close Date | May 19, 2022 |
| Basis of Share Allotment Date | May 24, 2022 |
| Refunds Date | May 25, 2022 |
| Credit of shares to Demat Account Date | May 26, 2022 |
| IPO Listing Date | May 27, 2022 |
Paradeep Phosphates IPO Lot Size
| Minimum Lot Size | 350 shares for 1 lot |
| Minimum Amount | ₹ 14,700 for 1 lot |
| Maximum Lot Size | 4,550 Shares (13 lot) |
| Maximum Amount | ₹191,100 (for 13 Lot) |
Paradeep Phosphates Ltd Financial Report (2019-2022)
Company is in profits from last 3 years. Positive sign for investors.
| Year | Revenue | Expense | PAT (Profit / Loss After Tax) |
| 2022 (9M) | ₹ 5974 | ₹ 5491 | ₹ 363 |
| 2021 | ₹ 5184 | ₹ 4817 | ₹ 223 |
| 2020 | ₹ 4228 | ₹ 3997 | ₹ 193 |
| 2019 | ₹ 4397 | ₹ 4146 | ₹ 159 |
Paradeep Phosphates IPO – Basis of Allotment
- Paradeep Phosphates IPO’s 50% quota is reserved for the QIB category.
- 15% quota is reserved for NII Category and
- 35% quota is reserved for retail investors.
How to Apply in Paradeep Phosphates IPO ?
- You can apply for the Paradeep Phosphates IPO through the ASBA facility available in your bank account.
- Just login to your online banking. GO to the IPO section and apply for Paradeep Phosphates IPO.
- Also you can apply this IPO through your trading account.
- One more way to apply in this IPO is through forms which you can download from NSE and BSE website.
- After downloading forms, fill it properly and submit it to the respective banks or to your broker.
How to apply for the Paradeep Phosphates IPO through Zerodha?
- Login to your console in Zerodha through desktop or app.
- Then go to your portfolio and click on IPO.
- You will see Paradeep Phosphates IPO
- Then click on the bid button.
- After this enter your UPI ID, price and quantity (lot size)
- Click the submit button.
- At last you have to go to your UPI app to approve the mandate.
How to apply for the Paradeep Phosphates IPO through Upstox?
- Login to your Upstox account through desktop or app.
- You will see the name Paradeep Phosphates IPO
- Then hit the bid button.
- Click the submit button.
- At last you have to go to your UPI app to approve the mandate.
Paradeep Phosphates IPO Allotment Status
You can check Ethos IPO allotment status on Registrar and Transfer Agent Website
Also you can check the allotment status on NSE Website
Other Information in Paradeep Phosphates IPO
Paradeep Phosphates IPO Promoters
- Zuari Maroc Phosphates Private Limited
- Zuari Agro Chemicals Limited
- OCP S.A and President of India
- Ministry of Chemicals and Fertilizers
- Government of India
Paradeep Phosphates IPO Lead Managers
- Axis Capital Limited
- ICICI Securities Limited
- JM Financial Consultants Private Limited
- SBI Capital Markets Limited
Paradeep Phosphates Contact Information
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 Registrar Contact Information
Link Intime India Private Ltd
- Phone: +91-22-4918 6270
- Email: ppl.ipo@linkintime.co.in
- Website: https://linkintime.co.in/
Paisa kaudi recommendation on Paradeep Phosphates IPO
Paradeep Phosphates Ltd is 3rd largest producer of non-urea fertilizer and the second-largest producer of Di-Ammonium Phosphate (DAP) in India. Price band is convincing. Can be considered for listing gain and long term gain as well.
Keep checking the GMP for more clear picture. Stay alert as markets are volatile now a days.
Paradeep Phosphates IPO FAQs
Paradeep Phosphates IPO is the main-board IPO which will be listed on NSE & BSE. They are going to raise Approx ₹1,501 crores through this IPO. One lot has minimum 350 shares and you have to spend a minimum ₹14,700 for 1 lot.
Paradeep Phosphates IPO price band is ₹39 to ₹42.
One lot has minimum 350 shares and you have to spend a minimum ₹14,700 for 1 lot. Maximum lot is 13 and you have to spent ₹191,100 for 13 lots.
Paradeep Phosphates IPO’s 35% quota is reserved for retail investors. 15% quota is reserved for NII Category and 50% quota is reserved for the QIB category.
Paradeep Phosphates IPO will open on May 17, 2022.
Basis of Allotment for Paradeep Phosphates IPO will happen on May 24, 2022 and allotted shares will be deposited in your demat account on May 26, 2022.
Shares of Paradeep Phosphates IPO will list in the market on May 27, 2022.