Paradeep Parivahan IPO Allotment Status

Summary

Paradeep Parivahan Limited, established in 2000, is a port service provider specializing in logistics and cargo handling operations. The Paradeep Parivahan IPO comes with a total issue size of ₹44.86 crore, which is entirely a fresh issue of 45.78 lakh shares. The IPO opened on March 17, 2025, and closed on March 19, 2025. The allotment date for the Paradeep Parivahan IPO is expected to be finalized on Thursday, March 20, 2025.
 

Steps to Check Paradeep Parivahan IPO Allotment Status on Registrar Site

• Visit Bigshare Services Pvt Ltd website
• Select "Paradeep Parivahan IPO" from the dropdown menu on the allotment status page
• Enter your PAN ID, Demat Account Number, or Application Number in the designated field
• Complete the captcha verification process and click on the "Submit" button to view your allotment status
   

Steps to Check Paradeep Parivahan IPO Allotment Status on BSE

• Navigate to the BSE SME IPO Allotment Status Page
• Choose "Paradeep Parivahan IPO" from the list of active IPOs in the dropdown menu
• Input your Application Number and PAN ID in the required fields
• Verify the captcha and click "Search" to check your allotment status

Paradeep Parivahan IPO Subscription Status 

Paradeep Parivahan IPO received moderate investor interest, being subscribed 1.78 times overall. Here is a category-wise breakdown of the subscription as of 6:54:32 PM on March 19, 2025:

• Retail Category: 1.66 times
• Qualified Institutional Buyers (QIB): 1.33 times
• Non-Institutional Investors (NII): 2.65 times

As of 6:54:32 PM
 

Utilization of IPO Proceeds 

The funds raised through the IPO will be utilized as follows:

• Working Capital: Meeting working capital requirements
• General Corporate Purposes: Supporting various business initiatives

Business Overview 

The company provides cargo handling, ship husbandry, stevedoring, dredging, and transportation services across multiple locations in eastern India with a workforce of 1,124 employees.