Paradeep Parivahan Ltd - IPO

Paradeep Parivahan Ltd IPO Details

Initial public issue of 45,78,000 equity shares of face value of Rs. 10.00 each of Paradeep Parivahan Limited (PPL or the Company or the Issuer) for cash at a price of Rs. [*] per equity share including a share premium of Rs. [*] per equity share (the Issue Price) aggregating to Rs. [*] crores (The Issue), of which 5,97,600 equity shares of face value of Rs. 10.00 each for cash at a price of Rs. [*] per equity share including a share premium of Rs. [*] per equity share aggregating to Rs. [*] crores will be reserved for subscription by market maker to the issue (the Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. net issue of 39,80,400 equity shares of face value of Rs. 10.00 each at a price of Rs. [*] per equity share including a share premium of Rs. [*] per equity share aggregating to Rs. [*] crores is herein after referred to as the Net Issue. The issue and the net issue will constitute 28.76 % and 25.01 %, respectively, of the post issue paid up equity share capital of the company. Price Band: Rs. 93 to Rs. 98 per equity share of face value of Rs. 10 each.The floor price is 9.3 times of the face value and the cap price is 9.8 times of the face value.Bids can be made for the minimum of 1200 equity shares and in multiples of 1200 equity shares thereafter.

Objective of issue

To meet working capital requirements. General corporate purposes.

Paradeep Parivahan Ltd Contact Details

Paradeep Parivahan Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

Phone - 91-22-62638200

Fax - 91-22-63638299

Email - info@paradeepparivahan.com

Website - www.paradeepparivahan.com