Paradeep Parivahan Limited, a prominent company established in 2000, operates as a port service provider specializing in logistics, ship husbandry, and stevedoring. The company offers a comprehensive range of high-quality services, including cargo handling, port operations, intra-port transportation, and the management and movement of port import cargo. Additionally, it excels in handling raw materials and hazardous cargo, railway siding operations, crusher operations, specialized cargo handling, earthwork, and more.
The company has tailored its services to meet the varied demands of its clients, operating in key areas such as Gopalpur, Paradip, Haldia, Visakhapatnam, Jajpur, Joda & Barbil, Chandikhol, Cuttack, and Talcher. As of March 2025, Paradeep Parivahan employs approximately 11,124 individuals.
The Paradeep Parivahan IPO is a book-built issue worth ₹44.86 crores, consisting entirely of a fresh issue of 45.78 lakh shares. The IPO subscription window opens on March 17, 2025, and closes on March 19, 2025. The allotment process is expected to be finalized by Thursday, March 20, 2025, with the shares tentatively scheduled to list on the BSE SME platform on Monday, March 24, 2025.
The price band for the Paradeep Parivahan IPO is set between ₹93 and ₹98 per share. Retail investors are required to invest a minimum of ₹1,11,600, corresponding to a lot size of 1,200 shares. For high-net-worth individuals (HNIs), the minimum investment is 2 lots (2,400 shares), amounting to ₹2,35,200.
Paradeep Parivahan IPO Details
IPO Date | March 17, 2025 to March 19, 2025 |
Face Value | ₹10 per share |
Issue Price | ₹93 to ₹98 per share |
Lot Size | 1,200 Shares |
Total Issue Size | Approx ₹44.86 Crores |
Fresh Issue | Approx ₹44.86 Crores |
Issue Type | Book Built Issue IPO |
Listing At | BSE SME |
Share Holding Pre Issue | 1,13,40,000 shares |
Share Holding Post Issue | 1,59,18,000 shares |
Paradeep Parivahan IPO Dates
The IPO for Paradeep Parivahan is set to open on March 17, 2025, and will conclude on March 19, 2025.
IPO Open Date | Mon, Mar 17, 2025 |
IPO Close Date | Wed, Mar 19, 2025 |
Tentative Allotment | Thu, Mar 20, 2025 |
Refunds | Fri, Mar 21, 2025 |
Credit of Shares to Demat | Fri, Mar 21, 2025 |
IPO Listing Date | Mon, Mar 24, 2025 |
UPI Mandate Confirmation Deadline | 5 PM on March 19, 2025 |
Paradeep Parivahan IPO Market Lot
The minimum market lot for the Paradeep Parivahan IPO is 1,200 shares, requiring an application amount of ₹1,17,600.
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | 1200 | ₹1,17,600 |
Retail Maximum | 1 | 1200 | ₹1,17,600 |
S-HNI Minimum | 2 | 2,400 | ₹2,35,200 |