Paradeep Parivahan Limited is launching its Initial Public Offering (IPO) with a book-built issue worth ₹44.86 crore. The IPO consists entirely of a fresh issue of 45.78 lakh shares, with the subscription window open from March 17, 2025, to March 19, 2025. The tentative listing date for Paradeep Parivahan IPO on the BSE SME platform is set for March 24, 2025.

Paradeep Parivahan IPO Details

IPO Date: March 17, 2025 – March 19, 2025
Price Band: ₹93 to ₹98 per share
Face Value: ₹10 per share
Lot Size: 1,200 shares
Total Issue Size: 45.78 lakh shares (₹44.86 crore)
Issue Type: Book Built Issue
Listing At: BSE SME
Market Maker: Share India Securities Limited
Lead Manager: Share India Capital Services Private Limited
Registrar: Bigshare Services Pvt Ltd

Paradeep Parivahan Limited is set to launch its initial public offering (IPO) from March 17, 2025, to March 19, 2025. The IPO is a book-built issue, with a total issue size of ₹44.86 crores, consisting entirely of a fresh issue of 45.78 lakh shares.

The price band for the IPO has been set between ₹93 and ₹98 per share, with a lot size of 1,200 shares. The minimum investment required for retail investors is ₹1,11,600, while high-net-worth individuals (HNIs) must apply for a minimum of two lots (2,400 shares), amounting to ₹2,35,200.

The company has appointed Share India Capital Services Private Limited as the book-running lead manager and Bigshare Services Pvt Ltd as the registrar. The market maker for the IPO is Share India Securities Limited.

The allotment for the IPO is expected to be finalized on March 20, 2025, with the tentative listing date set for March 24, 2025, on the BSE SME platform.

Company Overview

Founded in 2000, Paradeep Parivahan Limited provides port services, including cargo handling, ship husbandry, stevedoring, dredging, custom house clearance, and transportation. The company operates across multiple locations, including Paradip, Gopalpur, Haldia, Visakhapatnam, Jajpur, and Cuttack, serving industries such as cargo shipping, cement, and steel.