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Paradeep Phosphates IPO GMP, Paradeep Phosphates Grey Market Premium Today

Paradeep Phosphates IPO GMP, Paradeep Grey Market Premium Today

Everything about Paradeep Phosphates IPO: Paradeep Phosphates GMP of IPO (Paradeep Phosphates Grey Market Premium), Paradeep Phosphates IPO Date, Paradeep Phosphates IPO Review, Paradeep Phosphates IPO Benefits & Risks. We will update Paradeep Phosphates GMP daily. Also, all information related to Paradeep Phosphates IPO like price band, all dates, issue size and retail parts etc. All the important information about Paradeep Phosphates IPO is given below.
Paradeep Phosphates IPO GMP

    Paradeep Phosphates IPO

    Paradeep Phosphates Ltd (PPL) is India's third-largest producer of non-urea fertilizer and the second-largest producer of DAP (Di-Ammonium Phosphate). The IPO of Paradeep Phosphates Limited is coming on 17 May 2022. Paradeep Phosphates Ltd Has filed its DRHP (Draft Red Herring Prospectus) with market regulator SEBI (Securities and Exchange Board of India) to raise around Rs 1255 crore through IPO (Initial public offering).

    Paradeep Phosphates IPO will open on 17 May 2022 and close on 19 May 2022. The price band of the Paradeep Phosphates IPO is ₹39 to ₹42. The company is looking to raise around ₹1501 crores through an initial public offering (IPO). Paradeep Phosphates IPO QIB quota is 50%, NII quota is 15% and RII quota is 35%. Paradeep Phosphates IPO listing date is 27 May 2022. Paradeep Phosphates Limited IPO GMP (Grey Market Premium) running well in the grey market.


    Paradeep Phosphates Limited has given excellent financial performance, the company is increasing its profit every year. The company has made a profit of ₹ 223.27 crores in the financial year 2021. Paradeep Phosphates IPO Size is ₹1501 crores. In this IPO, approx ₹497 Crore worth of shares will be sold under OFS (Offer for sale) and the rest (Approx ₹1004 Crores) will be sold under fresh issue. The IPO of Paradeep Phosphates will be listed on NSE and BSE.  Paradeep Phosphates IPO face value is ₹10 per equity share.

    We will talk about Paradeep Phosphates's financial, benefits, and risks of investing in the company.
    Read About


    What is Paradeep Phosphates IPO GMP Today?
    Paradeep Phosphates IPO GMP is ₹01.


    What is the Paradeep Phosphates IPO Date?
    Paradeep Phosphates IPO Opening date is 17 May 2022.


    What is Paradeep Phosphates IPO Expected Return?
    Paradeep Phosphates IPO Expected Returns is approx -%.



    About Paradeep Phosphates Limited

    Paradeep Phosphates Limited was established in the year 1981, since then the company has emerged as India's third-largest non-urea fertilizer and the second-largest producer of Di-Ammonium Phosphate (DAP). The company has a strong financial track record, which is an indicator of the company's excellent operations.

    The annual turnover of Paradeep Phosphates Limited is approximately Rs. 5,000 crores are Rs. The company's product portfolio is diversified, manufacturing, trading, distributing, and selling a wide variety of complex fertilizers. The company's products include DAP, three types of NPK (NP-10, NP-12, NP-20), Zypmite, Phosphogypsum, and hydro fluorosilicic acid (HFSA), etc. The Company, In addition, the Company is engaged in the trading, distribution, and sale of Murate of Potash (MOP), Ammonia, Specialty Plant Nutrients (SPN), and City Compost.


    The raw material used by Paradeep Phosphates Limited mainly comes from different countries like Morocco, Saudi Arabia, Qatar, and Jordan. Several raw materials procured by the company are Phosphate Rock, Ammonia, and Sulfur with long-term supply agreements with those companies. Phosphorus is mainly produced by the process of processing phosphate rock, which is used in fertilizer.

    The company is at this stage of success today due to its integrated business model of the company, which is why it stands out from its competitors.

    Important Links:

    Purpose of the offer 

    • To prepay/repay all or a part of the dues raised by the company.
    • To meet general corporate objectives.

    Paradeep Phosphates GMP Today (Grey Market Premium)

    [Paradeep Phosphates Ltd GMP of IPO ]
    DATEGMPKOSTAKSubject to Sauda
    25 May₹01₹-₹-
    24 May₹01₹-₹-
    23 May₹01₹-₹-
    22 May₹01₹-₹-
    21 May₹01₹-₹-
    20 May₹01₹-₹-
    19 May₹03₹-₹-
    18 May₹03₹-₹-
    17 May₹03₹-₹-
    16 May₹03₹-₹-
    15 May₹-₹-₹-
    14 May₹-₹-₹-
    13 May₹-₹-₹-
    12 May₹-₹-₹-
    11 May₹-₹-₹-
    10 May₹-₹-₹-

    Paradeep Phosphates IPO Date and  Price Band Details

    Paradeep Phosphates IPO open date: 17 May 2022, Closing date: 19 May 2022, and Listing date: 27 May 2022. The price band of Paradeep Phosphates IPO is ₹39 to ₹42 per share. Paradeep Phosphates IPO issue size is Rs 1501 crores. Paradeep Phosphates Ipo retails portion is 35%, QIB Portion is 50%, and NII Portion is 15%.

    IPO Open:17 May 2022
    IPO Close:19 May 2022
    Listing Date:27 May 2022
    Listing On:NSE & BSE
    IPO Size:Approx ₹1501 Crores
    Fresh Issue:Approx ₹1004 Crores
    Offer For Sale:Approx ₹497 Crores
    Price Band:₹39 to ₹42 per share
    Face Value:₹10 per Equity share
    QIB Portion:50%
    Retail Portion:35%
    NII Portion:15%
    Employee Res:Not Disclosed


    Paradeep Phosphates IPO Market Lot & Size

    Paradeep Phosphates IPO's minimum lot size is 350 shares with ₹14,700 application amount and the maximum lot size is 4550 shares with ₹191,100 application amount.

    Minimum Lot:01
    Minimum Lot Size:350 Shares
    Minimum Amount:₹14,700
    Maximum Lot:13
    Maximum Lot Size:4550 Shares
    Maximum Amount:₹191,100

    Paradeep Phosphates IPO Allotment & Listing Date

    Ipo Opening Date:17 May 2022
    IPO Closing Date:19 May 2022
    Basis of Allotment:24 May 2022
    Refund Date:25 May 2022
    Credit to Demat Account:26 May 2022
    Listing Date:27 May 2022

    Paradeep Phosphates IPO Review

    HappiestPost View: Apply [Listing gain + Long term].

    Brokerage Firm IPO Reviews

    • Motilal Oswal: To be updated
    • ICICI Securities: To be updated
    • Capital Market: To be updated
    • Ventura Securities Limited: To be updated
    • GEPL Capital Ltd: To be updated soon

    Paradeep Phosphates Ipo Review

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    Review For Listing Gain


    Review For Short term


    Review For Long term


    Strength

    • Paradeep Phosphates Limited has taken advantage of the growing demand in the favorable fertilizer sector in India.
    • Paradeep Phosphates Limited is the third-largest producer of non-urea fertilizer in India.
    • Paradeep Phosphates Limited is the second-largest producer of Di-Ammonium Phosphate (DAP) in India.
    • The company has an experienced and highly qualified management team.
    • Since its inception, the company has emerged as a leading Phosphate producer.
    • The company has a good network with good material storage, handling, and port services.
    • The company has made excellent financial performance. The company has made a profit of ₹223 crores in the financial year 2021.

    Risks

    • The company depends on other foreign countries like Morocco, Jordan, Qatar, and Saudi Arabia for some raw malls.
    • The success of the company depends on the demand for the fertilizers used in the agriculture sector.
    • The impact of the COVID-19 pandemic on the company's business and operations is still unknown.
    • The company's operations and business may be affected by climatic conditions, which may have a negative impact on the company.
    • The promoters of the company and their directors are subject to legal proceedings. A negative result in a legal battle can negatively affect their company.
    •  Their inability to do so could have a negative impact on their company.
    • His company and subsidiaries are subject to legal proceedings.

     

    Paradeep Phosphates Financials

    Paradeep Phosphates Financials(in Crores)

    YearTotal AssetsRevenueProfit
    2019₹5627₹4397₹158
    2020₹50104227₹193
    2021₹4423₹5183₹223


    Promoters

    The promoters of the company are:
    • Zuari Agro Chemicals Limited
    • Zuari Maroc Phosphates Private Limited
    • OCP S.A
    • The President of India

    Contact Details of Paradeep Phosphates

    Paradeep Phosphates Limited
    5th Floor, Orissa State Handloom Weavers’ Co-Operative Building,
    Pandit J.N Marg, Bhubaneswar 751 001,
    Odisha, India
    Tel: +91 080 45855561
    E-mail: cs.ppl@adventz.com

    Paradeep Phosphates Lead Managers

    • Axis Capital Limited
    • JM Financial Limited
    • ICICI Securities Limited
    • SBI Capital Markets Limited

    Paradeep Phosphates IPO Registrars

    Link Intime India Private Limited
    C 101, 1st Floor, 247 Park
    L.B.S. Marg, Vikhroli (West)
    Mumbai – 400 083
    Telephone: +91 22 4918 6200
    E-mail: ppl.ipo@linkintime.co.in

    Conclusion

    Looking at the financial position of the company, the financial track record of the company has been excellent. The company has made a profit of ₹ 223 crores in the financial year 2021. Paradeep Phosphates Limited is one of the leading producers of Non-Urea Fertilizers and Di-Ammonium Phosphate ("DAP"). Paradeep phosphates price band is very reasonable. You can apply for this IPO for good listing benefits, as well as applying for a longer duration would be great. The financial statement and other information of Paradeep Phosphatess Limited are given above.


    Paradeep Phosphates IPO FAQs

    What is Paradeep Phosphates IPO GMP Today?
    Paradeep Phosphates IPO GMP is ₹03 as of today.

    What is Paradeep Phosphates IPO Opening Date?
    Paradeep Phosphates IPO Opening date is 17 May 2022.

    What is the Paradeep Phosphates IPO Closing Date?
    Paradeep Phosphates IPO Closing date is 19 May 2022.

    What is the Paradeep Phosphates IPO Allotment date?
    Paradeep Phosphates IPO Allotment Date is 24 May 2022.

    What is Paradeep Phosphates IPO Listing Date?
    Paradeep Phosphates IPO Date is 27 May 2022.

    What is Paradeep Phosphates IPO Kostak Rate?
    Paradeep Phosphates IPO Kostak rate is ₹-.

    What is Paradeep Phosphates IPO Expected Returns?
    Paradeep Phosphates IPO Expected Returns is -%.


    Read More:

    For other important information related to the stock market and Grey Market Premium, Costak rate, you can click on the links given below.  

    How to Apply the Paradeep Phosphates Ltd IPO with Zerodha?

    1. Open your Zerodha kite app and visit the Account tab, then see for console and click on IPO. 
    2. If you are a Desktop user then Log in to Console on Zerodha Website. Go to Portfolio and Click on IPO. 
    3. You will see the IPO name "Paradeep Phosphates Ltd". 
    4. Then, Click on Bid Button.
    5. Then, Enter your UPI ID.
    6. Then, Fill in Quantity and Price. (we recommend, that you should choose the cutoff price.) 
    7. Then Submit the IPO Application Form. 
    8. Now go to your UPI App (PhonePe, Google Pay, etc)  or BHIM App to Approve the mandate.


    Disclaimer

    1. We are not involved in gray market trading in any way. And do not provide the facility to buy or sell any IPO from IPO. 
    2. Reference to IPO Grey Market Premium (IPO GMP) is valid only for the date specified in the header. 
    3. We are not involved in the buying or selling of IPO form. 
    4. Do not decide to subscribe to an IPO solely based on GMP (Grey Market Premium), as this can change at any time. Research the fundamentals and financial statements of companies before subscribing.

    We hope you like this article about Paradeep Phosphates IPO. If you have a query about Paradeep Phosphates IPO Please post a comment. 

    Thanks For Visiting & Happy Investing.


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    1 Comments

    1. Anonymous5:22 PM

      Great information. I will apply for listing gain.

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