Paradeep Parivahan IPO Day 3 Subscription at 0.55 Times

Paradeep Parivahan's initial public offering (IPO) has shown moderate progress through its three-day subscription period. The ₹44.86 crore IPO has witnessed steady growth in demand, with subscription rates advancing from 0.10 times on day one, improving to 0.36 times on day two, and reaching 0.55 times by 11:19 AM on the final day, demonstrating gradual investor interest in this port service provider specializing in logistics, ship husbandry, and stevedoring at Paradip Port, Odisha.

Retail segment of Paradeep Parivahan IPO leads with 0.65 times subscription, while QIB and NII segments show moderate interest at 0.52 times and 0.35 times respectively, reflecting balanced investor approach toward this company with over two decades of experience in port operations and cargo handling services.

Subscription Status of Paradeep Parivahan IPO

Here are the subscription details for Paradeep Parivahan IPO as of Day 3 (March 19, 2025, 11:19 AM):

Note:
 

• "Shares Offered" and "Total Amount" are calculated based on the upper price of the issue price range.
• The portions of anchor investors and market maker are not included in the total shares offered.

Paradeep Parivahan IPO - Day 3 Subscription

Key Highlights:

• Overall subscription reaching 0.55 times, showing steady progress though below full subscription level
• Retail investors leading with 0.65 times subscription, demonstrating growing individual investor confidence
• QIB segment showing increased interest at 0.52 times, doubling from day two levels
• NII segment showing moderate interest at 0.35 times, reflecting measured approach
• Total applications reaching 959, indicating focused investor participation
• Cumulative bid amount reaching ₹15.01 crores, showing measured momentum in the offering
• Balanced interest across all investor categories suggests broad-based evaluation of business prospects

Paradeep Parivahan IPO - Day 2 Subscription at 0.36 Times

Key Highlights:

• Overall subscription improving to 0.36 times, showing significant growth from day one
• Retail investors reaching 0.46 times subscription, demonstrating increasing confidence
• QIB segment entering with 0.26 times subscription after zero participation on day one
• NII segment showing good improvement to 0.25 times from day one's minimal interest
• Day two showing broad-based momentum building across all investor categories
• Market response indicating growing interest in port logistics and services sector
• Logistics expertise attracting attention from various investor segments
• Second day showing more than tripled overall subscription rate compared to opening day

Paradeep Parivahan IPO - Day 1 Subscription at 0.10 Times

Key Highlights:

• Overall subscription opening at modest 0.10 times, showing cautious initial investor approach
• Retail investors beginning with 0.18 times subscription, showing early interest
• NII segment showing minimal initial interest at 0.05 times, indicating cautious evaluation
• QIB segment choosing to wait with zero participation on opening day
• First day demonstrating cautious investor engagement with the offering
• Initial momentum reflecting careful assessment of logistics sector investment opportunity
• Port services expertise drawing selective interest from retail investors
• Opening day setting subscription baseline for building momentum in subsequent days

About Paradeep Parivahan Limited

Founded in 2000, Paradeep Parivahan Limited is a specialized port service provider offering logistics, ship husbandry, and stevedoring at Paradip Port, Odisha. 

Their services span bulk cargo handling, transportation, logistics, manpower supply, and manufacturing of agricultural chemicals including complex phosphatic fertilizers. The company currently employs 1,124 staff.

Financial performance shows consistent growth with revenue increasing from ₹188.69 crores (FY2022) to ₹211.62 crores (FY2024), while profit after tax surged from ₹2.84 crores to ₹15.02 crores. H1 FY2025 results include ₹137.94 crores revenue and ₹5.18 crores PAT, with impressive ROE (33.62%) and ROCE (26.61%).

Key strengths include two decades of industry expertise, extensive port network, modern infrastructure, and customer-centric supply chain solutions.
 

Highlights of the Paradeep Parivahan IPO:

• IPO type: Book Built Issue SME IPO
• IPO size: ₹44.86 crores
• Fresh Issue: 45.78 lakh shares
• Face value: ₹10 per share
• Issue price band: ₹93 to ₹98 per share
• Lot size: 1,200 shares
• Minimum investment for retail investors: ₹1,17,600
• Minimum investment for HNI: ₹2,35,200 (2 lots)
• Market maker reservation: 5,97,600 shares
• Anchor portion: 11,92,800 shares (₹11.69 crores raised)
• Listing at: BSE SME