Paradeep Phosphates IPO Details
Company All Details
Founded
1981
Managing Director
Managing Director of The Company, Narayanan Suresh Krishnan.
Company Promoters:
Promoters of the Company,
About the company.
The Company was initially incorporated as “Paradeep Phosphates Limited” a private limited company, in Odisha, under the Companies Act, 1956, pursuant to a certificate of incorporation dated December 24, 1981, granted by the Registrar of Companies, Odisha at Cuttack. The Company was granted an exemption under Section 620 of the Companies Act, 1956 from using the term ‘private’ as part of its name. The Company was thereafter converted to a public company pursuant to a special resolution passed by our Shareholders on April 29, 2002.
The company is the third largest private sector manufacturer of non-urea fertilizers in India and second largest in terms of Di-Ammonium Phosphate (“DAP”) volume sales as of March 2021. 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”), Zypmite, Phosphogypsum and Hydrofluorosilicic Acid (“HFSA”). It is also engaged in the trading, distribution and sales of Muriate of Potash (“MOP”), Ammonia, Speciality Plant Nutrients (“SPN”) and City compost. The company’s fertilizers are marketed under some of the key brand names in the market ‘Jai Kisaan – Navratna’ and ‘Navratna’. The company has an established track record of delivering robust financial performance. Its total income for the Financial Years 2021, 2020 and 2019 was Rs. 5,183.94 crore, Rs. 4,227.77 crore and Rs. 44,397.21 crore respectively.
Objects Of The Offer:
- Part-financing the acquisition of the Goa Facility;
- Repayment/prepayment of certain of our borrowings; and
- General corporate purposes.
Venus Pipes & Tubes Limited IPO Details:
Issue Amount : Upto Rs 1501 Cr.
Total shares on offer : Upto #118,507,493 Equity Shares
Face Value : ₹10 per share
Price Band : ₹39 to ₹42
Lot Size : 350 shares
IPO Registrar : Link Intime India Private Limited.
Venus Pipes & Tubes Limited IPO Timeline, IPO Open Date, Listing Date, Refund Date
| IPO Open Date | 17 May 2022 |
| IPO Close Date | 19 May 2022 |
| Time | 10 AM to 5 PM |
| Basis of Allotment Date | 24 May 2022 |
| Initiation of Refunds | 25 May 2022 |
| Credit of Shares to Demat Account | 26 May 2022 |
| IPO Listing Date (Trading commence) NSE & BSE | 27 May 2022 |
Offer Breakup
| Category | Allocation |
|---|---|
| Qualify Institutional Bidders (QIB) | 50% |
| Non Institutional Byers (NIB) | 15% |
| Retail Individual Investor (RII) | 35% |
| Employee | – |
Important Financial Data:
For the year/period ended (₹ in Crore) Last Three Year
| Particulars (in ₹ Crore) | As at March 31, 2021 | As at March 31, 2020 | As at March 31, 2019 |
|---|---|---|---|
| Total Assets | 4,423 | 5,010 | 5,628 |
| Total Revenue | 5,184 | 4,288 | 4,397 |
| Net Profit & Loss for the period | 223 | 193 | 159 |
Prospectus Document:
Download RHP File
Download DRHP File
Paradeep Phosphates Limited IPO?
Issue Amount : Upto Rs 1501 Cr.
What is Paradeep Phosphates Limited IPO?
Paradeep Phosphates Limited 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.
Paradeep Phosphates Limited IPO Open?
17 May 2022 to 19 May 2022.
Paradeep Phosphates Limited IPO Will open?
The IPO is to open on 17 May 2022 for QIB, NII, and Retail Investors.
Registered Office
Corporate Identity Number: U24129OR1981PLC001020
Registered Office: 5 th Floor, Orissa State Handloom
Weavers’ Co-Operative Building, Pandit J.N Marg,
Bhubaneswar 751 001, Odisha, India.
Corporate Office: 3rd Floor, Adventz Centre, 28, Union
Street, Off. Cubbon Road, Bengaluru 560 001, Karnataka, India.
Contact Person: Sachin Patil, Company Secretary and
Compliance Officer; Tel: +91 080 45855561;
E-mail: cs.ppl@adventz.com
Website: www.paradeepphosphates.com
Venus Pipes & Tubes Limited 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: ppl.ipo@linkintime.co.in
Website: www.linkintime.co.in
Investor grievance e-mail: ppl.ipo@linkintime.co.in
Contact person: Shanti Gopalkrishnan
SEBI Registration No.: INR000004058
How to apply on Zerodha, Paradeep Phosphates Limited IPO through Zerodha?
Zerodha customers can apply online in Tarsons Products IPO using UPI as a payment gateway. Zerodha customers can apply in Paradeep Phosphates Limited IPO by login into Zerodha Console (back office) and Select an I.P.O application form.
Steps to apply in Paradeep Phosphates Limited IPO through Zerodha.
1. Visit the Zerodha website or Kite App and login to Zerodha.
2. Go to Console area and click the IPOs link.
3. Go to the ‘Paradeep Phosphates Limited IPO’ row and click the ‘Bid’ button.
4. Enter your UPI ID, Quantity, and Price.
5. ‘Submit’ IPO application form.
6. After Successfully submitting application, Visit the UPI App and approve the mandate (Enter your UPI pin & pay the ipo amount)
7. IPO application is complete you can chek status on zerodha console.
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