Paradeep Parivahan IPO

About Company

Paradeep Parivahan IPO is a book built issue valued at ₹44.86 crore. It is a 100% fresh issue of 45.78 lakh shares. It opens for subscription on March 17, 2025, and closes on March 19, 2025. The allotment is expected to be finalised on March 20, 2025, with a tentative listing date of March 24, 2025, on the BSE SME platform.

The IPO price is set at a price band of ₹93 - ₹98 per share. Retail investors need a minimum investment of ₹1,17,600 for one lot of 1200 Shares, while HNI investors must invest in at least 2 lots, amounting to ₹2,35,200.

Share India Capital Services Private Limited is the book-running lead manager for this issue, while Bigshare Services Private Limited serves as the registrar. Share India Securities Limited is the market maker.

For detailed financial and operational information, investors can refer to the Paradeep Parivahan IPO RHP. This IPO presents an opportunity to invest in a growing enterprise listed on the BSE SME platform.

Industry Outlook

1. The Indian logistics and transportation industry is a key driver of economic growth, contributing approximately 14% to India's GDP. The sector is expected to reach a market size of USD 380 billion by 2025, growing at a CAGR of 10-12%, driven by infrastructure investments, digitalisation, and increasing demand for efficient supply chain solutions.
2. India’s road transportation segment, which accounts for a significant share of total freight movement, is projected to expand further due to government initiatives like Bharatmala Pariyojana, Gati Shakti, and the National Logistics Policy. The development of dedicated freight corridors and investments in multi-modal logistics parks are expected to reduce logistics costs and improve efficiency.
3. The port logistics sector, where Paradeep Parivahan Limited operates, is witnessing steady growth, supported by various government policies aimed at enhancing port connectivity. Coastal and inland waterway transport is expected to handle a larger share of freight traffic in the coming years, reducing road congestion and lowering logistics costs.
4. With the rise of e-commerce, increasing adoption of digital fleet management, and growing private sector participation, the road freight and logistics market in India is forecasted to grow steadily in the coming years. These factors position Paradeep Parivahan Limited to capitalise on the sector’s expansion, leveraging its strategic location near major industrial and port hubs.

Paradeep Parivahan IPO Objectives 

The company proposes to utilise the net proceeds from the IPO for the following objectives:

1. Expanding fleet capacity to meet growing transportation and logistics demand.
2. Strengthening operational infrastructure, including vehicle maintenance, warehousing, and transportation hubs.
3. Investing in technology-driven solutions for fleet management, route optimisation, and real-time tracking to improve operational efficiency.
4. Enhancing logistics capabilities to cater to port-related and industrial freight transportation requirements.
5. Supporting working capital requirements to ensure seamless operations and business scalability.
6. Improving supply chain efficiency through digitalisation and automation to enhance service delivery.
7. Strengthening the company’s market presence in Odisha and neighbouring states to capitalise on emerging logistics opportunities.

About Paradeep Parivahan Limited 

Paradeep Parivahan Limited was originally incorporated as a private limited company on November 17, 2000, under the name Paradeep Parivahan Private Limited and later converted into a public limited company on June 3, 2024. The company operates in the logistics and transportation sector, providing freight and cargo transport services across various industries.

It specialises in port-related logistics, bulk cargo transportation, and supply chain solutions. Located near Paradeep Port, the company facilitates the movement of goods for industries such as steel, fertilisers, petrochemicals, and general cargo. It manages a fleet of trucks, trailers, and container carriers to ensure efficient transportation.

The company focuses on improving logistics operations through technology-driven fleet management, real-time tracking, and route optimisation. It aims to enhance its infrastructure, expand its fleet, and integrate advanced digital solutions to support growth.

Through its IPO, the company seeks to strengthen its financial position, scale its operations, and invest in better logistics technology to meet the increasing demand in India's transportation industry.

How To Check the Allotment Status of the Paradeep Parivahan IPO?

Steps to check IPO allotment status on Angel One’s app:

1. Log in to the Angel One app.
2. Go to the IPO Section and then to IPO Orders.
3. Select the individual IPO that you had applied for and check the allotment status.
4. Angel One will notify you of your IPO allotment status via push notification and email.

How To Apply for Paradeep Parivahan IPO Online?

1. Login to Your Angel One Account: Open the Angel One app or website and log in with your credentials.
2. Locate the IPO Section: Navigate to the 'IPO' section on the platform.
3. Select IPO: Find and select the Paradeep Parivahan IPO from the list of open IPOs.
4. Enter the Lot Size: Specify the number of lots you want to bid for.
5. Submit Your UPI ID: Enter your UPI ID to link your payment method and submit your application.
6. Approve Funds: Once you receive the bid request on your UPI app, approve it by entering your UPI PIN.

Contact Details of Paradeep Parivahan IPO 

Registered office: Paradeep Parivahan Limited, Room No 204, Above OBC Bank, Street Port Town, Paradeep, Jagatsinghpur - 754142, Odisha, India.

Phone: +91 674 2590169

E-mail: info@paradeepparivahan.com