The Paradeep Parivahan IPO is scheduled to open on March 17, 2025, and will close on March 19, 2025. It follows a Book Built Issue format. The company aims to raise approximately ₹44.86 crores through the IPO, comprising a fresh issue of ₹44.86 crores. The IPO price band is set at ₹93 to ₹98 per share, with a retail investor allocation of 35%, QIB allocation of 50%, and HNI allocation of 15%. Paradeep Parivahan IPO is set to list on BSE on March 24, 2025, with the allotment date scheduled for March 20, 2025. Financially, the company reported revenue of ₹211.62 crores in 2024, up from ₹202.81 crores in 2023. The profit stood at ₹15.02 crores in 2024 compared to ₹6.56 crores in 2023. Based on the financial performance, the IPO presents a solid long-term investment opportunity.
Paradeep Parivahan IPO Details
Field
Value
est listing
98 (0%)
gain percentage
20%
gmp
--
ipo size
₹44.86 Cr
ipo title
Paradeep Parivahan BSE SME IPO
price
98
status
Listed
subscription
1.78x
Paradeep Parivahan IPO Dates
Field
Value
boa dt
20-Mar
close
19-Mar
listing
24-Mar
lot
1,200
open
17-Mar
Paradeep Parivahan IPO Financial Report
Paradeep Parivahan Limited has demonstrated financial growth over the years. The company reported revenue of ₹211.62 crores in 2024 compared to ₹202.81 crores in 2023. Profitability also improved, with a net profit of ₹15.02 crores in 2024, up from ₹6.56 crores in 2023.
Financial Year
2024
2023
Revenue
₹211.62
₹202.81
Expense
₹190.75
₹193.21
Profit After Tax
₹15.02
₹6.56
About Paradeep Parivahan IPO
Paradeep Parivahan Limited, founded in 2000, specializes in port services, including logistics, ship husbandry, and stevedoring. The company provides services such as cargo handling, port operations, intra-port transportation, and import cargo handling. It also specializes in moving raw materials, hazardous cargo, railway siding operations, crusher operations, and earthwork. The company operates in locations such as Gopalpur, Paradip, Haldia, Visakhapatnam, Jajpur, Joda & Barbil, Chandikhol, Cuttack, and Talcher. Paradeep Parivahan serves industries such as cargo shipping, cement, steel, and railway projects. As of March 2025, the company employs approximately 1,124 staff members across various departments.
