Paradeep Phospates Limited IPO (Paradeep Phospates IPO)

Paradeep Phospates IPO 2022
Upcoming Paradeep Phospates IPO | New Paradeep Phospates IPO

They are the third-largest private sector manufacturer of non-urea fertilizers in India and the second largest in terms of Di-Ammonium Phosphate (“DAP”) volume sales as of March 2021. They are primarily engaged in manufacturing, trading, distribution, and sales of a variety of complex fertilizers such as DAP, three grades of Nitrogen-Phosphorus-Potassium (“NPK”) (namely NPK-10, NPK-12, and NP-20), Zypmite, Phosphogypsum and Hydroflorosilicic Acid (“HFSA”).

Also, they are engaged in the trading, distribution, and sales of Muriate of Potash (“MOP”), Ammonia, Speciality Plant Nutrients (“SPN”), and City compost. Their fertilizers are marketed under some of the key brand names in the market ‘Jai Kisaan – Navratna’ and ‘Navratna’.

Paradeep Phosphates IPO

Competitive Strengths

  • Well-positioned to capture favorable Indian fertilizer industry dynamics supported by conducive government regulations
  • Second largest manufacturer of Phosphatic fertilizers in India
  • Driving raw material efficiency through backward integration of facilities and effective sourcing
  • Secure and certified manufacturing facility and infrastructure and unutilized land available for expansion
  • Strategic location of their manufacturing facility and sizeable material storage, handling, and port facilities
  • Established brand name backed by an extensive sales and distribution network
  • Strong parentage, experienced management team, and prominent shareholders

Paradeep Phosphates IPO – Business Strategy

  • Improve their leadership position by enhancing their production capabilities and having a more diversified product portfolio
  • Continue to improve cost efficiency and productivity
  • Increase geographical reach in Eastern and Western India and expand distribution channels
  • Improve market leadership through investment in brand building and other campaigns
  • Continue to attract, retain and develop human capital
  • Selectively pursue inorganic growth opportunities

Company Promoters

  • Zuari Maroc Phosphates Private Limited
  • Zuari Agro Chemicals Limited
  • OCP S.A And The President Of India
  • Acting Through The Department Of Fertilizers
  • Ministry Of Chemicals And Fertilizers
  • Government Of India

Company Financials

Amount (in INR & Million)
Total Assets44,231.6750,103.2556,276.58
*Total Revenue51,839.4142,277.7643,972.13
Total Expense48,172.4339,973.8641,457.26
Profit After Tax2,232.681,932.201,589.63

Object Of The Issue

  • Part-financing the acquisition of the Goa Facility
  • Repayment/prepayment of certain of their borrowings
  • General corporate purposes
Paradeep Phosphates IPO
Object Of The Issues

Paradeep Phosphates IPO Peer Comparison

S. No.Face ValueCompany NamePE
11Coromandel International Limited19
210Chambal Fertilizers Chemicals Limited8
310Deepak Fertilizers and Petrochemicals Limited10

Paradeep Phosphates IPO Strengths

  • Well-positioned to capture favorable Indian fertilizer industry dynamics supported by conducive government regulations.
  • Second largest manufacturer of Phosphatic fertilizers in India.
  • Secure and certified manufacturing facility and infrastructure and unutilised land available for expansion.
  • Strategic location of the manufacturing facility and sizeable material storage, handling and port facilities.
  • Established brand name backed by an extensive sales and distribution network.

Paradeep Phosphates IPO Risks

  • High dependency on agriculture sector, hence any changes in the sector may have immediate effective on the business.
  • Subjected to climatic conditions and is cyclical in nature thus, seasonal variations and unfavourable local and global weather patterns may have an adverse effect.
  • Operates in a regulated industry, thus, changes in government policies will have an effect on the operations and profitability.
  • The firm has only one manufacturing facility until the completion of the Goa Transaction.
  • Historically derived a significant portion of its revenues from operations from a limited number of states.

Paradeep Phosphates IPO – Details

IPO Opening Date17 May 2022
IPO Closing Date19 May 2022
Issue TypeBook Built Issue IPO
Issue Size₹ 1501.73 Crore
Face Value₹10 per equity share
IPO Price₹39-42
Market Lot350 Shares ( 1 Lot )
Min Order350 Shares
Listing AtBSE, NSE
RegisterLinkInTime India Private Limited
QIB Shares OfferedNot more than 50% of the Net Offer
Retail Shares OfferedNot less than 35% of the Net Offer
NII (HNI) Shares OfferedNot less than 15% of the Net Offer

Paradeep Phosphates IPO – Date Schedule

IPO Open Date17 May 2022
IPO Close Date19 May 2022
Basis of Allotment Date24 May 2022
Initiation of Refunds25 May 2022
Credit of Shares to Demat Account26 May 2022
IPO Listing Date27 May 2022

Paradeep Phosphates IPO – Lots Size & Price

ApplicationLotsSharesAmount ( Cut-Off)

Promoter Holding

Pre Issue Share Holding100%
Post Issue Share Holding

Paradeep Phosphates IPO Prospectus

Company Contact Information

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

Paradeep Phosphates IPO Registrar

Link Intime India Private Limited

C 101, 247 Park
L.B.S. Marg, Vikhroli (West),
Mumbai 400 083, Maharashtra

Tel: +91 22 4918 6200

Paradeep Phosphates IPO Lead Manager(s)

1. Axis Capital Limited
2. ICICI Securities Limited
3. JM Financial Limited
4. SBI Capital Markets Limited

Paradeep Phosphates IPO FAQs

When Paradeep Phosphates IPO will open?

The Paradeep Phosphates IPO dates are 17 May 2022 To 19 May 2022.
What is the lot size of Paradeep Phosphates IPO?

Paradeep Phosphates IPO lot size is 350 Shares and total amount is 
How to apply for Paradeep Phosphates IPO?

You can apply in Paradeep Phosphates IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services.
When is Paradeep Phosphates IPO listing date?

The Paradeep Phosphates IPO listing date is announced. The date of Paradeep Phosphates IPO listing is [27 May 2022].


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