The bidding for the Paradeep Parivahan IPO was open from March 17, 2025, to March 19, 2025. The basis of allotment is expected to be finalized on March 20, 2025. Here’s how you can check the allotment status for this BSE SME IPO.
Check Paradeep Parivahan IPO Allotment Status Online on BSE
- Visit the official BSE IPO allotment status page.
- Select “Equity” in the Issue Type.
- In the Issue Name, select “Paradeep Parivahan”.
- Enter your Application Number or PAN Number.
- Click on “I am not a robot” for verification.
- Click on “Submit” to view your allotment status.
IPO Details
Paradeep Parivahan IPO is a book-built issue of ₹44.86 crores, consisting entirely of a fresh issue of 45.78 lakh shares. The price band is set at ₹93 to ₹98 per share, and the tentative listing date on BSE SME is March 24, 2025.
Use of Proceeds
The funds raised from the IPO will be utilized for:
- Funding working capital requirements.
- Repayment/pre-payment of certain borrowings.
- General corporate purposes.
Paradeep Parivahan IPO – Overall Subscription Status
As of March 19, 2025, end of the day:
| Investor Category | Subscription (times) |
|---|---|
| Anchor Investors | 1.00 |
| Market Maker | 1.00 |
| Qualified Institutions | 1.33 |
| Non-Institutional Investors | 2.65 |
| Retail Investors | 1.66 |
| Total | 1.78 |
GMP (Grey Market Premium) Details
As of March 19, 2025, 5:01 PM, the GMP for Paradeep Parivahan IPO stands at ₹0, indicating no premium over the issue price. The estimated listing price is ₹98, which aligns with the upper price band of the IPO. The expected percentage gain/loss per share is 0.00%.
Note: The Grey Market Premium (GMP) is based on market speculation and is not an official indicator of the listing price.
Paradeep Parivahan Business Overview
Founded in 2000, Paradeep Parivahan Limited is a port service provider specializing in logistics, ship husbandry, and stevedoring. The company operates primarily at Paradip Port, Odisha, and has an extensive presence across multiple locations, including Gopalpur, Haldia, Visakhapatnam, Jajpur, Joda & Barbil, Chandikhol, Cuttack, and Talcher.
Services offered by Paradeep Parivahan:
- Cargo Handling – Bulk cargo imports and exports.
- Ship Husbandry – Partnering with leading global shipping lines.
- Stevedoring – One of the largest fleet owners on India’s east coast.
- Dredging – Operations in Indian and Southeast Asian ports.
- Custom House Clearance – Providing forwarding and clearance services.
- Transportation – Covering mine-to-port and intraport logistics.
The company also specializes in handling bulk cargo, logistics, manpower supply services, and the manufacture of agricultural chemicals, particularly complex phosphatic fertilizers.
As of March 2025, the company employs 1,124 people across various departments.
Competitive Strengths
- Over two decades of experience in port operations and cargo handling.
- Extensive network across major industrial and port regions in eastern India.
- State-of-the-art infrastructure with modern handling equipment and a robust transport fleet.
- Customer-centric approach, ensuring efficient and cost-effective supply chain solutions.
Investors are advised to check their IPO allotment status on the designated date and stay updated with official announcements regarding the listing and market movements.
Disclaimer: This article is for informational purposes only and should not be considered as investment advice.
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