PDP Shipping IPO
GMP, Subscription, Price, Dates & Financial Details
PDP Shipping & Projects Limited, established as a private limited company in 2009 and converted into a public limited company in 2015, is a logistics and transport service provider. The company offers end-to-end logistics solutions as a Multi Modal Transport Operator (MTO) and provides services…
Open Date
Mon, 10 Mar 2025
Close Date
Wed, 12 Mar 2025
Issue Price
₹ 135
Lot Size
1000
Issue Size
₹ 12.65 Cr
Minimum Investment
₹ 270,000 (2000 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
PDP Shipping IPO has successfully completed its IPO process and is now listed on BSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a fixed price issue with a total issue size of ₹12.65 Crore, comprising a fresh issue of 9.37 Lakh equity shares aggregating to ₹12.65 Crore.
The PDP Shipping IPO remained open for subscription from March 10, 2025, to March 12, 2025. The basis of allotment was finalized on March 13, 2025, and the company's shares were listed on BSE SME Platform on March 18, 2025.
The company had fixed the price at ₹135 per share, with a lot size of 1000 shares. Retail investors were required to make a minimum investment of ₹270,000 (based on the upper price band) to apply for one lot.
KFin Technologies Limited served as the registrar to the issue. Sun Capital Advisory Services (P) Ltd acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, PDP Shipping & Projects Limited is now a publicly listed company on BSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
PDP Shipping IPO Timeline (Tentative)
- IPO Open Date
- Mon, 10 Mar 25
- IPO Close Date
- Wed, 12 Mar 25
- Basis of Allotment
- Thu, 13 Mar 25
- Initiation of Refunds
- Mon, 17 Mar 25
- Credit of Shares to Demat
- Mon, 17 Mar 25
- Listing Date
- Tue, 18 Mar 25 — NSE & BSE
Open Date
10 March 2025
Close Date
12 March 2025
Basis Of Allotment
13 March 2025
Listing Date
18 March 2025
IPO Subscription
Check Live Subscription →The PDP Shipping IPO has received bids for 9,47,000 shares against 8,90,000 shares offered, resulting in an overall subscription of 1.06x. the NII category is subscribed 0.25x, Retail Investors 1.88x, and QIBs 0x.
QIB
0x
NII
0.25x
RII
1.88x
Total
1.06x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 4,45,000 shares, representing 50% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 0 shares (%), while Non-Institutional Investors (NIIs) receive 4,45,000 shares (50%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Non-Institutional | 445,000 | 50% |
| Retail Investors | 445,000 | 50% |
| Total | 890,000 | 100% |
Financials Details(₹ in Crores)
| Particular | 30 Nov 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 12.32 | 8.26 | 6.22 | 4.22 |
| Revenue | 13.78 | 20.58 | 22.6 | 28.73 |
| Profit After Tax | 1.57 | 2.31 | 1.68 | 1.91 |
| Net Worth | 7.41 | 5.84 | 3.52 | 1.85 |
| Reserve & Surplus | 5.38 | 3.81 | 3.46 | 1.78 |
| Total Borrowings | 3.57 | 0.5 | 0.3 | 0.04 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
PDP Shipping & Projects Limited KPI Information
| Particular | KPI as of Mar 31, 2023. |
|---|---|
| ROE % | 39.62 |
| ROCE % | 50.04 |
| Debt / Equity | 0.09 |
| RoNW % | 39.62 |
| PbW | 4.71 |
| Pat Margin % | 7.48 |
Peers Comparison
No Peer Comparision Available
About PDP Shipping & Projects Limited
PDP Shipping & Projects Limited, established as a private limited company in 2009 and converted into a public limited company in 2015, is a logistics and transport service provider. The company offers end-to-end logistics solutions as a Multi Modal Transport Operator (MTO) and provides services such as sea and air freight transportation, customs clearance, and value-added services. PDP Shipping is licensed by the Directorate General of Shipping, Government of India, and holds multiple accreditations, including being an Authorized Economic Operator (AEO) and licensed Customs Broker.
The company specializes in project logistics, handling large and over-dimensional cargo, heavy lifts, and specialized services like RoRo loadouts, sea fastening, and engineering solutions. PDP Shipping operates across various transport modes, including road, rail, sea, air, and coastal barges. They handle diverse cargo types such as Full Container Load (FCL), Less than Container Load (LCL), breakbulk, and project cargo. They cater to industries like automobile, defense, heavy engineering, shipyards, energy, FMCG, and infrastructure, providing integrated solutions for logistics and supply chain management.
The company follows an asset-light business model, relying on a network of third-party operators and infrastructure providers. Their expertise includes global transportation solutions and multi-modal services, supported by a third-party network for warehousing and customs clearance. PDP Shipping's growth since its inception has positioned it as a leading end-to-end logistics provider, with a focus on handling specialized goods, particularly from markets such as Brazil, the USA, South Korea, and Thailand.
Headquartered in Navi Mumbai, India, PDP Shipping is ISO 9001:2015 certified and strategically located near major ports. The company is led by its founder and managing director, Animesh Kumar, who has over 20 years of experience in the logistics industry, with a strong focus on project logistics, operations, and customer service. The management team is well-rounded, with expertise across operations, finance, legal, and administration, which has contributed to the company's success and growth.
PDP Shipping IPO Promoters
- Animesh Kumar
Promoters Holding
Holding Pre Issue
99.99%
Holding Post Issue
68.50%
PDP Shipping IPO Objective
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
- Part funding long-term working capital requirement
- General corporate purposes
PDP Shipping & Projects Limited Address / Contact Details
PDP Shipping & Projects Limited
A-606, Mahavir Icon,
Plot numbers 89 & 90,
Sector 15, CBD Belapur,
Navi Mumbai - 400 614
Phone: 022 2756 5053
Email: compliance@pdpprojects.com
Website: https://www.pdpprojects.com/
IPO Snapshot
PDP Shipping IPO Lot Size
The PDP Shipping IPO has a lot size of 1,000 shares. Retail investors require a minimum investment of ₹1,35,000 by applying for 1 lot (1,000 shares). The maximum application allowed for the retail category is 1 lots (1,000 shares), requiring an investment of ₹1,35,000.
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | 135,000.00 |
| Retail (Max) | 1 | 1,000 | 135,000.00 |
| S-HNI (Min) | 2 | 2,000 | 270,000.00 |
Issue Reservation
- NII — 50%
- RII — 50%
Book Running Lead Managers
- Sun Capital Advisory Services (P) Ltd
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the PDP Shipping IPO?
PDP Shipping IPO is a Fixed price IPO with a total issue size of ₹12.65 crore. The PDP Shipping IPO price band is ₹135 to 135 per share. The PDP Shipping IPO subscription opens on Mon, Mar 10, 2025, and closes on Wed, Mar 12, 2025. The PDP Shipping IPO will be listed on the BSE. KFin Technologies Limited is the registrar for the PDP Shipping IPO.
When will the PDP Shipping IPO open for subscription?
The PDP Shipping IPO opens on Mon, Mar 10, 2025 and closes on Wed, Mar 12, 2025
What is PDP Shipping IPO Price Band?
PDP Shipping IPO Price Band is ₹135 to 135 per share.
What is PDP Shipping IPO Lot Size?
PDP Shipping IPO lot size is 1000 shares, Retail investors need a minimum investment of ₹270000 based on the upper price band
What is the minimum investment for PDP Shipping IPO?
The minimum investment for PDP Shipping IPO is ₹270000, based on one lot of 1000 shares at the upper price band of ₹135 per share.
How to apply for PDP Shipping IPO?
Investors can apply for the PDP Shipping IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Wed, Mar 12, 2025. The application amount remains blocked until the PDP Shipping IPO allotment is finalized.
What is PDP Shipping IPO Issue Size?
PDP Shipping IPO issue size is ₹12.65 crores.
What is the PDP Shipping IPO Allotment Date?
PDP Shipping IPO allotment date is Thu, Mar 13, 2025.
Who is the PDP Shipping IPO Registrar?
The registrar for PDP Shipping IPO is KFin Technologies Limited. Investors can go to KFin Technologies Limited website to check PDP Shipping IPO allotment status, refund processing, and other IPO-related information.
Who is the PDP Shipping IPO Lead Manager?
The book-running lead managers (BRLMs) for the PDP Shipping IPO are Sun Capital Advisory Services (P) Ltd. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the PDP Shipping IPO Red Herring Prospectus (RHP).