Paradeep Parivahan IPO is scheduled to start on March 17, 2025, and will close on March 19, 2025. The IPO allotment is expected to be finalized on March 20, 2025, with a tentative listing date set for March 24, 2025, on the BSE SME platform. This book-built issue aims to raise approximately ₹44.86 crores through a fresh issue of 45.78 lakh equity shares.
The IPO has been structured with a price band of ₹93 to ₹98 per share. Investors can apply for a minimum lot size of 1,200 shares, which requires an investment of ₹1,11,600 at the lower price band and ₹1,17,600 at the upper price band. High Net-worth Investors (HNI) must apply for a minimum of 2 lots (2,400 shares), amounting to ₹2,35,200. The retail investor quota is 35%, QIB is allocated 50%, and HNI has 15%.
Paradeep Parivahan has shown strong financial growth, reporting a revenue of ₹211.62 crores in 2024 compared to ₹202.81 crores in 2023. The company’s profit has significantly increased to ₹15.02 crores in 2024 from ₹6.56 crores in 2023. Given its impressive financial performance and industry presence, long-term investors may find this IPO an attractive opportunity.
Overview of Contents
About Paradeep Parivahan IPO
Paradeep Parivahan Limited, founded in 2000 under the leadership of Mr. Khalid Khan, is a leading port service provider specializing in logistics, ship husbandry, stevedoring, dredging, and custom house clearance. Headquartered at Paradip Port, Odisha, the company operates across key industrial and port locations, including Gopalpur, Haldia, Visakhapatnam, Jajpur, Joda & Barbil, Chandikhol, Cuttack, and Talcher. With a workforce of 11,124 employees as of March 2025, the company plays a crucial role in cargo handling, transportation, and supply chain solutions for industries such as steel, cement, power, and railway siding.
Paradeep Parivahan provides end-to-end port logistics services, including bulk cargo handling, intra-port and mine-to-port transportation, ship husbandry, and railway siding operations. It owns a large fleet of material handling and earthmoving equipment, including dumpers, trailers, and covered trucks, ensuring seamless operations. Its dredging division is well-established in India and Southeast Asia, contributing to port maintenance and expansion projects.
With over two decades of expertise, the company has built a strong reputation for efficient port operations, state-of-the-art infrastructure, and customer-centric solutions. Beyond logistics, it has a dedicated division for sourcing bulk raw materials for steel, aluminum, and cement industries through a global trading network. Committed to corporate social responsibility, Paradeep Parivahan actively supports health, education, and disaster relief initiatives.
Paradeep Parivahan IPO Prospectus
| DRHP | Click here |
| RHP | Click here |
Paradeep Parivahan IPO Overview
| Particulars | Details |
|---|---|
| IPO Opening Date | March 17, 2025 |
| IPO Closing Date | March 19, 2025 |
| Issue Type | Book Built Issue IPO |
| Face Value | ₹10 per share |
| Lot Size | 1,200 Shares |
| Total Issue Size | 45,78,000 shares (aggregating up to ₹44.86 Cr) |
| Fresh Issue | 45,78,000 shares (aggregating up to ₹44.86 Cr) |
| Market Maker Portion | 5,97,600 shares |
| Pre-Issue Shareholding | 1,13,40,000 shares |
| Post-Issue Shareholding | 1,59,18,000 shares |
| Price Band | ₹93 to ₹98 per share |
| Listing Exchange | BSE SME |
| QIB Shares Offered | Not more than 50% of the Net Issue |
| Retail Shares Offered | Not less than 35.00% of the Net Issue |
| NII (HNI) Shares Offered | Not less than 15% of the Net Issue |
Paradeep Parivahan IPO Dates
| Event | Date |
|---|---|
| IPO Opening Date | Monday, March 17, 2025 |
| IPO Closing Date | Wednesday, March 19, 2025 |
| UPI Mandate Confirmation Deadline | 5:00 PM on March 19, 2025 |
| Basis of Allotment Finalization | Thursday, March 20, 2025 |
| Refund Initiation | Friday, March 21, 2025 |
| Demat Account Credit | Friday, March 21, 2025 |
| Expected Listing Date | Monday, March 24, 2025 |
Paradeep Parivahan IPO Lot Size
| 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 |
Paradeep Parivahan IPO Promoter Holding
Paradeep Parivahan Limited is led by its key promoters—Mr. Khalid Khan, Ms. Fouzia Khan, Mr. Pravat Kumar Nandi, and Ms. Parbati Priya Nandi. Their collective shareholding will undergo changes post-IPO, as detailed below:
| Stage | Promoter Holding |
|---|---|
| Pre-Issue | 92.59% |
| Post-Issue | [To be updated] |
Objectives of the Paradeep Parivahan IPO
The net proceeds from the IPO will be utilized for the following purposes:
- To meet working capital requirements – ₹350 million
- For general corporate purposes
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| All Cargo Logistics Limited | 2.07 | 16.08 | 3.36 | NA | 1,231.80 Cr. |
| Navkar Corporation Limited | (0.12) | NA | (0.78) | NA | 254.92 Cr. |
| Container Corporation of India Limited | 20.20 | 33.49 | 5.22 | NA | 4,602.58 Cr. |
Paradeep Parivahan Limited Financial Performance
| Financial Metrics | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Total Assets | ₹164.35 Cr | ₹138.09 Cr | ₹116.78 Cr | ₹118.23 Cr |
| Total Revenue | ₹137.94 Cr | ₹211.62 Cr | ₹202.81 Cr | ₹188.69 Cr |
| Profit After Tax | ₹5.18 Cr | ₹15.02 Cr | ₹6.56 Cr | ₹2.84 Cr |
| Net Worth | ₹59.89 Cr | ₹54.71 Cr | ₹34.65 Cr | ₹28.10 Cr |
| Reserves & Surplus | ₹48.55 Cr | ₹43.37 Cr | ₹29.40 Cr | ₹22.85 Cr |
| Total Borrowings | ₹46.21 Cr | ₹35.09 Cr | ₹36.11 Cr | ₹47.17 Cr |
Paradeep Parivahan Limited – Key Performance Indicators (KPI Evolution)
| KPI | Values |
|---|---|
| ROE: | 33.62% |
| ROCE: | 26.61% |
| EBITDA Margin: | 16.23% |
| PAT Margin: | 7.10% |
| Debt to equity ratio: | 0.80 |
| Earning Per Share (EPS): | ₹14.15 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 27.45% |
| Net Asset Value (NAV): | ₹48.25 |
Paradeep Parivahan IPO Review
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📌 Paradeep Parivahan Limited – Contact Details
📍 Address: Room No 204, Above OBC Bank Street, Port Town Paradeep, Jagatsinghpur – 754142
📞 Phone: 0674-2590169
📧 Email: [email protected]
🌐 Website: www.paradeepparivahan.com
📝 Paradeep Parivahan IPO Registrar
🏢 Registrar: Bigshare Services Pvt Ltd
📞 Phone: +91-22-6263 8200
📧 Email: [email protected]
🌐 IPO Status: Bigshare Portal
Paradeep Parivahan IPO FAQs
🔹 When is the Paradeep Parivahan IPO opening?
The IPO opens on March 17, 2025, and closes on March 19, 2025.
🔹 What is the lot size for Paradeep Parivahan IPO?
Investors can apply for a minimum lot of [X] shares.
🔹 On which exchange will Paradeep Parivahan IPO be listed?
The IPO will be listed on BSE SME.
🔹 What is the Paradeep Parivahan IPO issue size?
The total issue size is 45,78,000 shares.
🔹 Who is the registrar for Paradeep Parivahan IPO?
The registrar is Bigshare Services Pvt Ltd.