Registered Office:
No.204 Above OBC Bank Street,Port Town Paradeep,
Jagatsinghpur
-
754142,
Phone : 06742590169
Fax : NA
Initial public issue of 45,78,000 equity shares of face value of (Rs) 10.00 each of Paradeep Parivahan Limited ("PPL" or the "Company" or the "Issuer") for cash at a price of (Rs) 98 per equity share including a share premium of (Rs) 88 per equity share (the "Issue Price") aggregating to (Rs) 44.86 crores ("The Issue"), of which 5,97,600 equity shares of face value of (Rs) 10.00 each for cash at a price of (Rs) 98 per equity share including a share premium of (Rs) 88 per equity share aggregating to (Rs) 5.86 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 39,80,400 equity shares of face value of (Rs) 10.00 each at a price of (Rs) 98 per equity share including a share premium of (Rs) 88 per equity share aggregating to (Rs) 39.00 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 28.76 % and 25.01 %, respectively, of the post issue paid up equity share capital of the company.
Price Band is (Rs) 98 per equity share of face value of (Rs) 10 each.
The floor price is 9.8 times of the face value.
Bids can be made for the minimum of 1200 equity shares and in multiples of 1200 equity shares thereafter.
Opens On
Closes On
Application
Allotment
17-Mar-25
19-Mar-25
98.00-0.00
0.00-0.00
Minimum Application for shares in Nos :
1200
Further Multiples of :
1200
(Rs.Cr)
Lead Managers to the Issue
Project Cost
40.58
Share India Capital Services Pvt Ltd
Project Financed through Current Offer
44.86
Post Issue Equity Share Capital
15.92