Pdp Shipping IPO: Issue Details, Open/Close Date | Research 360 by Motilal Oswal
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PDP Shipping

CMP

366.20

-0.30 (-)

  • DRHP
₹135

Offer Price

₹ 12.65 Cr

Issue Size

₹ 1,35,000

Min Investment

1,000

Lot size

Time Line

  • 10
    Mar 2025
    Open
  • 12
    Mar 2025
    Close
  • 13
    Mar 2025
    Finalisation of Basis of Allotment
  • 17
    Mar 2025
    Initiation of Refunds
  • 17
    Mar 2025
    Transfer of Shares to Demat Account
  • 18
    Mar 2025
    Listing Date

Shares Offered

Number of Times Subscribed

Objects of the Offer

  • Expand our geographical reach.

  • Focus on large revenue clients by providing integrated, end-to-end solutions and continue to provide additional services to existing clients.

  • Focus on taping potentials in the sector of Infrastructure, Defence, Automobile, Power & Energy and heavy engineering.

  • Quality Assurance.

  • Reduction of operational costs and achieving efficiency.

Products & Services

  • The Company provides end-to-end solutions in the Logistics & Transport industry involving multimodal transportation, sea, air, costal, rail and road transportation and custom clearance & other value-added services in logistics.

Strengths

  • Integrated, end-to-end logistics services and solutions provider.

  • Our large existing Network.

  • Diversified clientele.

  • Strong knowledge and expertise of Senior management team.

  • Strong existing client relationship.

Risks

  • Its long-term growth and competitiveness are highly dependent on the company ability to control costs and pass on any increase in operating expenses to customers, while continuing to offer competitive pricing.

  • The Company requires certain statutory and regulatory approvals for conducting its business and the company failures to obtain, retain or renew them in a timely manner, or at all, may adversely affect its operations.

  • The company derives a significant portion of its revenues from a limited number of customers. The loss of any significant clients may have an adverse effect on its business, financial condition, results of operations, and prospects.

  • The company is heavily depended on a limited number of third-party suppliers for their services to it in handling the company business operation. The loss of any significant such third-party suppliers may have an adverse effect on its business, financial condition, results of operations and prospects.

  • The company has experienced negative cash flows in previous years. Any operating losses or negative cash flows in the future could adversely affect its results of operations and financial conditions.

Company Promoters

Promoters Holding

Issue For IPO
31.49%
Pre Holding

99.99%

Post Holding

68.50%

Top Promoters Holding

Financials

All values in Cr

Mar-2022 Mar-2023 Mar-2024 3-Yr trend
Revenue 28.72 (-) 22.48 (-21.70%) 17.60 (-21.70%)
Gross Profit 2.65 (-) 2.29 (-13.60%) 2.62 (14.40%)
Net Income 1.91 (-) 1.68 (-12.00%) 1.94 (15.50%)
Assets 1.89 (-) 3.83 (102.70%) 5.97 (55.90%)
Liabilities 0.04 (-) 0.30 (650.00%) 0.50 (66.70%)

Peers

Company Name Revenue (Cr) Net Profit (Cr) Assets (Cr) Liabilities (Cr) ROE EPS BVPS Current Ratio Debt to Assets
PDP Shipping & Projects Ltd 17.60 1.94 5.97 0.50 0.00 0.00 778.11 2.06 0.08
Marinetrans India Ltd 106.34 0.32 42.09 42.09 1.27 0.33 19.98 0.77 0.27
S J Logistics (India) Ltd 270.86 22.61 149.73 149.73 20.18 20.03 77.36 15.10 0.12
Cargosol Logistics Ltd 113.55 -4.27 63.79 63.79 -18.95 -4.18 22.08 -6.69 1.28

Book Running Managers

  • Sun Capital Advisory Services Pvt Ltd

Registrar & Transfer Agent

KFin Techologies Ltd

Karvy Selenium Tow-B,
31&32 Financial Dist,
Nanakramguda - Hyderabad-500032
Phone 1: 91-40-67162222 Phone 2: 18003454001 Fax: 91-40-23001153/23420814

Company Contact Information

A-606 Mahavir Icon Plot#.89,90,
Sector 15 CBD Belapur,
Navi Mumbai - 400614
Phone : 022 2756 5053 Email : compliance@pdpprojects.com www.pdpprojects.com

Offer Related Information

Initial public issue of 9,37,000 equity shares of face value of Rs. 10 each of PDP Shipping & Projects Limited ("Company" or "Issuer") for cash at a price of Rs. 135.00 per equity share including a share premium of Rs. 125.00 per equity share ("Issue Price") aggregating to Rs. 12.65 crores ("Issue") out of which 47,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 135.00 per equity share for cash, aggregating Rs. 0.63 crores will be reserved for subscription by the market... More

PDP Shipping FAQ's

The shares of PDP Shipping were first listed on the stock exchanges on June 26, 2024.

The total issue size of the PDP Shipping IPO was 1,10,00,000 shares, amounting to Rs. 132 crore. they

The minimum lot size for PDP Shipping public issue was 125 shares.

The price band of the IPO of PDP Shipping was Rs. 114 to Rs. 120 per equity share.

PDP Shipping IPO is a public issue through which the company raised approximately Rs. 132 crore by issuing around 1.1 crore equity shares to the public. After a successful IPO, the company’s shares are currently listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), where they are freely traded without restrictions.

Bigshare Services Private Limited is the registrar and share transfer agent of PDP Shipping IPO.

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