The Paradeep Parivahan IPO Allotment Status is now available. The IPO subscription had started on March 17, 2025, and ended on March 19, 2025, Wednesday. The allotment was released on March 20, 2025, Thursday, after the basis of allotment was finalized. The investors who applied for the IPO will be able to check the Paradeep Parivahan IPO Allotment on the Bigshare Services Pvt Ltd website or the BSE website.
Paradeep Phosphates IPO had a last GMP of ₹0, with an expected profit/loss of 1.00%.
Paradeep Parivahan IPO saw an overall subscription of 1.75 times, with strong participation from Qualified Institutional Buyers (QIBs) at 3.01 times. Retail investors subscribed 1.37 times, bidding for 18.06 crore shares against 13.15 crore shares offered. Non-Institutional Buyers (NIBs) subscribed 0.82 times, with bids for 4.63 crore shares. The total bid amount stood at ₹1,974.84 crore, reflecting a decent response across all investor categories.
Overview of Contents
Paradeep Phosphates 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 |
How to Check Paradeep Phosphates IPO Allotment Status
Investors who applied for Paradeep Phosphates IPO can check their allotment status through 4 different methods: Bigshare, BSE, Demat Account, and Bank Account. Follow the steps below to check your IPO allotment status.
Bigshare: | Bigshare IPO Allotment Page |
BSE: | BSE IPO Allotment Page |
Equity Market Insights: | IPO Allotment Page |
Paradeep Parivahan Limited, established in 2000 under the leadership of Mr. Khalid Khan, is a premier port service provider specializing in logistics, ship husbandry, stevedoring, dredging, and custom house clearance. Headquartered at Paradip Port, Odisha, the company operates across major industrial and port locations, including Gopalpur, Haldia, Visakhapatnam, and Jajpur. With a workforce of over 11,124 employees as of March 2025, it plays a crucial role in cargo handling, transportation, and supply chain solutions for industries like steel, cement, power, and railway siding.
The company owns a vast fleet of material handling equipment, ensuring seamless port logistics, bulk cargo transportation, and dredging operations across India and Southeast Asia. Beyond logistics, Paradeep Parivahan has a strong presence in bulk raw material sourcing for the steel, aluminum, and cement industries through its global trading network. Committed to corporate social responsibility, it actively contributes to health, education, and disaster relief initiatives, reinforcing its position as a trusted leader in the port services sector.
FAQ – Paradeep Parivahan IPO
When will the Paradeep Parivahan IPO allotment be finalized?
The basis of allotment will be finalized on Thursday, March 20, 2025. Investors can check their allotment status on the registrar’s website.
When will the Paradeep Parivahan IPO shares be credited to the Demat account?
If allotted, shares will be credited to investors’ Demat accounts on Friday, March 21, 2025.
When is the expected listing date for the Paradeep Parivahan IPO?
The IPO is expected to be listed on the stock exchanges on Monday, March 24, 2025.