IPO

PDP Shipping & Projects Limited IPO

BSE SME

Listed On: Mar 18, 2025 at ₹ 108.25

₹ 270000 /2000 Shares
*Min Investment

Check Allotment

10 Mar, 2025

Open Date

12 Mar, 2025

Close Date

13 Mar, 2025

Allotment Date

18 Mar, 2025

Listing Date
PDP Shipping & Projects IPO Issue Details
  • Issue Price ₹135 per equity share
  • Face Value ₹10 Per Equity Share
  • Total Issue Size 9,37,000 shares(aggregating up to ₹12.65 crore)
  • Fresh Share 9,37,000 shares(aggregating up to ₹12.65 crore)
  • Listing at BSE SME
  • List Price 108.25
  • Listing Date 2025-03-18
  • Lead Manager Sun Capital Advisory Services (P) Ltd
  • Registrar Kfin Technologies Limited
Market Lot Size

Investors can bid for a minimum of 1000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.

ApplicationLotsSharesAmount
Retail (min)11000₹1,35,000
Retail(max)11000₹1,35,000
NII (min) 22,000₹2,70,000
PDP Shipping & Projects IPO Reservation

PDP Shipping & Projects IPO offers total 9,37,000 shares. Out of which NA (NA%) allocated to QIB, NA (NA%) allocated to NII,4,45,000 (47.49%) allocated to RII, NA (NA%) allocated to employees and NA (NA%) allocated to Anchor investors.

Investor CategoryShares OfferedMaximum Allottees
Anchor Investor Shares OfferedNA (NA%)
Market Maker Shares Offered47,000 (5.02%)
Retail Shares Offered4,45,000 (47.49%)
Total Shares Offered9,37,000 (100%)
PDP Shipping & Projects IPO Documents
PDP Shipping & Projects IPO Details


PDP Shipping & Projects Limited IPO is an SME IPO, priced at ₹135 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the BSE SME platform. The IPO comprises a total issue of 9,37,000 equity shares, aggregating up to ₹12.65 crores..

The IPO bidding window is open from Mar 10, 2025 to Mar 12, 2025. The allotment is expected to be finalized on Mar 13, 2025, and the tentative listing date is Mar 18, 2025.

The minimum lot size for Retail investors is 1000 shares, with a minimum investment of ₹1,35,000. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,70,000.

Sun Capital Advisory Services (P) Ltd is acting as the lead manager to the issue. The registrar of the IPO is Kfin Technologies Limited, and Rikhav Securities Limited will act as the market maker for this issue.

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PDP Shipping & Projects IPO Subscription Analysis And Details
Retail
1.88x
Total
1.06x
As onQIB / NIIRetailTotal
Shares Offered / Reserved4,45,0004,45,0008,90,000
Day 1 10-03-25 06:00 PM
0.03 x0.46 x0.24 x
Day 2 11-03-25 06:00 PM
0.06 x0.88 x0.47 x
Day 3 12-03-25 06:00 PM
0.25 x1.88 x1.06 x

Total No of Applications
1,497
PDP Shipping & Projects Valuations
EPS Pre IPO ₹11.36/-
EPS Post IPO ₹7.92/-
P/E Pre IPO 11.89
P/E Post IPO 17.05
ROE 39.62%
ROCE 50.04%
Debt/Equity 0.09
RoNW 39.62%
PAT Margin 7.48
Price to Book Value 4.71
PDP Shipping & Projects Company Financials
In Crs.
In Cr.
30-Nov-2431-Mar-2431-Mar-2331-Mar-22
Assets12.328.266.224.22
Revenue13.7820.5822.628.73
Profit After Tax1.5712.311.681.91
Net Worth7.415.843.521.85
Reserves & Surplus5.383.813.461.78
Total Borrowing3.570.50.30.04
About PDP Shipping & Projects Company

Established in 2009, PDP Shipping & Projects Limited offers door-to-door logistics services, such as sea/air freight, customs clearance, and project logistics.

Being an Authorized Economic Operator (AEO), the company is engaged in international cargo transportation by sea, air, road, rail, and multi-modes.

It has an asset-light business model, where it collaborates with third-party operators to provide low-cost, quality services for specialized products such as machinery, defense equipment, and automobiles, targeting countries such as Brazil, the USA, and South Korea.

The company has 18 employees on its payroll as of January 27, 2025.

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PDP Shipping & Projects - Promoter(s)

Animesh Kumar

Pre Issue Share Holding : 99.99%

Post Issue Share Holding : 68.50%

PDP Shipping & Projects IPO - Issue Objectives
1

Part funding long-term working capital requirements

2

General corporate purposes

PDP Shipping & Projects IPO - Peers Comparison
Company NameEPS (Basic)EPS (Diluted)NAV (per share) (Rs)P/E (x)RoNW (%)P/BV RatioFinancial statements
PDP Shipping & Projects LimitedN/A11.3628.6611.8947.64N/AStandalone
Marinetrans India LimitedN/A0.3319.9976.361.28N/AConsolidated
S J Logistics (India) LimitedN/A20.0377.3626.7320.03N/AConsolidated
Cargosol Logistics LtdN/A-4.1819.53N/A-18.212.16Standalone

Notes:

  1. The P/E Ratio is computed based on the closing price of the peer company on the BSE Limited.
  2. Return on Net Worth (RoNW) is calculated as the profit for the year ended March 31, 2024, divided by the total equity of the company as of March 31, 2024.
  3. NAV per share is computed as the total equity of the company as of March 31, 2024, divided by the outstanding number of equity shares as of the same date.
Contact Details

PDP Shipping & Projects

A-606, Mahavir Icon, Plot numbers 89 & 90, Sector 15, CBD Belapur, Navi Mumbai - 400 614

022 2756 5053

compliance@pdpprojects.com

https://www.pdpprojects.com/

Registrar Contact Details

Kfin Technologies Limited

04067162222, 04079611000

pdp.ipo@kfintech.com

https://kosmic.kfintech.com/ipostatus/