Paradeep Parivahan Limited, a leading player in India’s logistics and transportation sector, is all set to launch its Initial Public Offering (IPO) to raise funds for expanding its business operations. If you’ve been considering investing in the logistics space, here’s everything you need to know about this IPO.
IPO Details
The Paradeep Parivahan IPO will open for subscription from March 17 to March 19, 2025. The price band for the issue is set between ₹93 and ₹98 per equity share, with a lot size of 1,200 shares. This means investors will need to bid for a minimum of 1,200 shares, and subsequent bids can be in multiples of 1,200.
The total size of the issue is approximately ₹44.86 crore, with 45.78 lakh equity shares being offered to the public. This offering will be listed on the BSE SME platform, which is designed for smaller companies seeking to raise funds.
What is Paradeep Parivahan’s Business?
Founded in 2000, Paradeep Parivahan has established itself as a trusted provider of logistics solutions across India. The company offers services such as sea and air freight, customs clearance, and a range of value-added services. Over the years, it has built a strong presence in major industrial zones and ports across eastern India.
Why is the Company Going Public?
The funds raised through the IPO will primarily be used to meet working capital requirements and for general corporate purposes. The company is looking to bolster its operational capabilities and expand its service offerings to cater to a growing market.
Grey Market Premium (GMP) and Market Sentiment
As of now, there is no available Grey Market Premium (GMP) data for Paradeep Parivahan’s IPO. GMP is often used by investors to gauge the demand for an IPO in the market. However, it’s important to remember that GMP should not be the only factor to consider when making investment decisions.
Is This IPO Worth Your Investment?
Before jumping into the IPO, here are a few things potential investors should keep in mind:
- Understand the Business: Make sure to fully grasp Paradeep Parivahan’s business model, including its services and market position.
- Review the Financials: Take a close look at the company’s financial health to assess its long-term sustainability.
- Look at Industry Trends: Consider the growth prospects and challenges in the logistics sector before making your decision.
- Consult an Expert: It’s always a good idea to consult with a financial advisor to make sure this IPO aligns with your financial goals and risk appetite.
Key Dates to Remember
- IPO Subscription Period: March 17–19, 2025
- Share Allotment Results: March 20, 2025
- Refunds Initiated: March 21, 2025
- Shares Credited to Demat Accounts: March 21, 2025
- Listing Date: March 24, 2025
For those interested in exploring opportunities in the logistics sector, Paradeep Parivahan’s IPO could be worth considering. As always, do your research and stay informed before making any investment decisions.
