Paradeep Parivahan Pvt Ltd operates as a third-party logistics service provider, specializing in multimodal transport operations. The company owns and manages containers, offers warehousing solutions, handles customs clearance, and provides cargo handling services. It delivers end-to-end logistics solutions, including cargo handling, port operations, intra-port transportation, and the management of port import cargo. Additionally, the company excels in the transportation of bulk raw materials and hazardous cargo, crusher operations, railway siding operations, earthwork, and specialized cargo handling services.
The primary source of revenue for Paradeep Parivahan comes from intra-port operations, followed by income from hiring earth-moving equipment, loading, unloading, rack handling, and other service contracts. For the six-month period ending September 30, 2024, intra-port operations contributed 54% of the company’s total revenue.
The initial public offering (IPO) of Paradeep Parivahan is scheduled to open on March 17, 2025, and will close on March 19, 2025. The price band for the IPO is set at ₹93 to ₹98 per share. The allocation of shares includes 35% for retail investors, 50% for Qualified Institutional Buyers (QIBs), and 15% for High Net-Worth Individuals (HNIs). The company’s shares are expected to be listed on the Bombay Stock Exchange (BSE) on March 24, 2025. The allotment of shares is set to take place on March 20, 2025.
In terms of financial performance, Paradeep Parivahan reported revenue of ₹211.62 crores in 2024, up from ₹202.81 crores in 2023. The company’s profit also saw significant growth, rising to ₹15.02 crores in 2024 compared to ₹6.56 crores in 2023.
Paradeep Parivahan IPO Details
IPO Open Date: | March 17, 2025 |
IPO Close Date: | March 19, 2025 |
Face Value: | ₹10 Per Equity Share |
IPO Price Band: | ₹93 to ₹98 Per Share |
Issue Size: | Approx ₹44.86 Crores |
Fresh Issue: | Approx ₹44.86 Crores |
IPO Listing: | BSE SME |
Retail Quota: | Not more than 35% |
QIB Quota: | Not more than 50% |
NII Quota: | Not more than 15% |
Paradeep Parivahan IPO Timeline
IPO Open Date: | March 17, 2025 |
IPO Close Date: | March 19, 2025 |
Basis of Allotment: | March 20, 2025 |
Refunds: | March 21, 2025 |
Credit to Demat Account: | March 21, 2025 |
IPO Listing Date: | March 24, 2025 |
Paradeep Parivahan SME IPO Lots
SME IPO Activity | Date |
---|---|
Issue Price | ₹93.00-98.00 |
Market Lot: | 1,200 Shares |
1 Lot Amount: | ₹1,17,600 |
Min HNI Lots: | 2400 shares (2 lots) – ₹2,35,200 |
Paradeep Parivahan Limited: Financial Overview & Key Insights
Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
Assets | 164.35 | 138.09 | 116.78 | 118.23 |
Revenue | 137.94 | 211.62 | 202.81 | 188.69 |
Profit After Tax | 5.18 | 15.02 | 6.56 | 2.84 |
Net Worth | 59.89 | 54.71 | 34.65 | 28.1 |
Reserves and Surplus | 48.55 | 43.37 | 29.4 | 22.85 |
Total Borrowing | 46.21 | 35.09 | 36.11 | 47.17 |