PDP Shipping & Projects offers comprehensive end-to-end transport and logistics solutions, functioning as a Multi-Modal Transport Operator. The company specializes in air and sea transportation services, along with customs clearance, delivering complete supply chain solutions for logistics and freight management needs. It provides international freight forwarding services, including specialized operations such as handling super heavy-lift and over-dimensional cargo, sea towing, sea fastening, floating and beaching roll-on, and more. The company primarily focuses on managing the logistics of specialized goods like heavy engineering machinery, defense equipment, automobiles, and infrastructure products, sourcing from countries such as Brazil, the USA, South Korea, and Thailand.
The IPO for PDP Shipping is set to open on March 10, 2025, and will close on March 12, 2025. The price band for the IPO is fixed at ₹135 per share. The allocation includes a 50% quota for retail investors and a 50% quota for high-net-worth individuals (HNIs), with no quota reserved for qualified institutional buyers (QIBs). The shares are expected to be listed on the BSE on March 18, 2025. The allotment date for the IPO is scheduled for March 13, 2025.
In terms of financial performance, the company reported revenues of ₹20.58 crores in 2024, a slight decline from ₹22.6 crores in 2023. However, its profits increased to ₹2.31 crores in 2024, up from ₹1.68 crores in the previous year.
