Phoenix Overseas IPO
Phoenix Overseas is an NSE SME IPO listed on the NSE SME platform, priced at ₹61–₹64 per share. The stock debuted at ₹64 with a flat listing performance. The IPO had a lot size of ₹2000 shares and a minimum investment of ₹1,28,000.
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Phoenix Overseas Limited IPO
- IPO Dates
- Sep 20, 2024 – Sep 24, 2024
- Price band
- ₹61-64 per equity share
- Minimum Investment
- ₹1,28,000
- Issue size
- ₹36.03 Cr
- Lot size
- 2000
- Allotment Date
- Sep 25, 2024
- Listing
- Sep 27, 2024
- Listing At
- NSE SME
IPO timeline
-
Sep 20, 2024
Open Date
Completed
-
Sep 24, 2024
Close Date
Completed
-
Sep 25, 2024
Allotment Date
Completed
-
Sep 27, 2024
Listing Date
Completed
Phoenix Overseas IPO Essentials
Phoenix Overseas IPO Details
Phoenix Overseas IPO is priced at ₹61-64 per share with a total issue size of 36.03 crore. The IPO has a lot size of 2000 shares and is listed on NSE SME.
- Issue price
- ₹61-64 per equity share
- Lot size
- 2000 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 5,630,000 shares(aggregating up to ₹36.03 Cr)
- Total issue size
- 56,30,000 shares
(aggregating up to ₹36.03 crore) - Fresh issue
- 45,80,000 shares
(aggregating up to ₹29.31 crore) - Offer for sale (OFS)
- 10,50,000 shares
(aggregating up to ₹6.72 crore) - Listing at
- NSE SME
- List price
- 64.0
- Listing date
- Registrar
- Cameo Corporate Services Limited
- Lead manager
-
Khandwala Securities Limited
Market Lot Size
Investors can bid for a minimum of 2000 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.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 2000 | ₹1,28,000 |
| Retail(max) | 1 | 2000 | ₹1,28,000 |
| NII (min) | 2 | 4,000 | ₹2,56,000 |
Phoenix Overseas IPO Reservation
Phoenix Overseas IPO reservation details show category-wise allocation of shares. Out of the total 56,30,000 shares, approximately 14.25% are reserved for QIB, 42.38% for NII, 39.89% for retail investors, 3.48% for market maker, and 0% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | - (NA%) | |
| Market Maker Shares Offered | 1,96,000 (3.48%) | |
| QIB Shares Offered | 8,02,000 (14.25%) | |
| NII (HNI) Shares Offered | 23,86,000 (42.38%) | |
| Retail Shares Offered | 22,46,000 (39.89%) | |
| Total Shares Offered | 56,30,000 (100%) |
Phoenix Overseas IPO Analytics
Phoenix Overseas IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Phoenix Overseas IPO Subscription Status
Phoenix Overseas IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 802,000 / 2,386,000 | 2,246,000 | 5,434,000 |
|
Day 1
20-09-24 06:00 PM
|
(1.07 / 0.20) x | 2.04 x | 1.09 x |
|
Day 2
23-09-24 06:00 PM
|
(1.07 / 6.43) x | 35.82 x | 17.79 x |
|
Day 3
24-09-24 06:00 PM
|
(65.91 / 114.74) x | 157.75 x | 125.52 x |
Phoenix Overseas Valuations
Earnings
- EPS Pre IPO
- ₹3.72/-
- EPS Post IPO
- ₹2.84/-
- P/E Pre IPO
- 17.18
- P/E Post IPO
- 22.51
Returns
- ROE
- 10.74%
- ROCE
- 15.28%
- RoNW
- 10.74%
- PAT Margin
- 0.98%
Fundamentals
- Debt / Equity
- 0.59
Phoenix Overseas Financials( In Lakhs)
| 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|
| Assets | 13,162.58 | 14,686.47 | 9,480.59 |
| Revenue | 54,915.1 | 45,131.61 | 37,828.19 |
| Profit After Tax | 549.93 | 375.48 | 391.36 |
| Net Worth | 5,012.26 | 4,570.52 | 4,246.59 |
| Reserves & Surplus | 4,520.06 | 4,078.32 | 3,754.39 |
| Total Borrowing | 2,937.11 | 3,447.24 | 2,981.26 |
Phoenix Overseas Company & Offer Insights
About Phoenix Overseas
Incorporated in December 2002, Phoenix Overseas Limited is into trading and marketing of animal feeds, agricultural produce, and commodities like corn, oil cakes, spices including dry red chillies, coriander, cumin seeds, food grains, tea, pulses, soya bean meal, and rice bran de-oiled cake. The B2B trading company mainly deals in corn/maize and oil cakes.
The company manufactures bags for men and women made of jute, cotton, canvas, and leather and many other fashion accessories. Their clients are in European countries like France, Italy, Germany, the UAE, and also in Australia. The manufacturing facility of the company is at Sodhpur, Kolkata. The company also manufactures purses, wallets, and other shopping and fashion bags for their clients.
As of September 2024, the company had 29 employees and 3 contractual employees, including its directors, responsible for various business functions.
Phoenix Overseas Promoter(s)
Aparesh Nandi, Jayanta Kumar Ghosh and Uday Narayan Singh, BCPL Railway Infrastructure Limited, AN Dealers LLP, JKG Commercial LLP, UNS Commercial LLP and Tricon Logistics Engineering Consultancy Private Limited and Kanhai Singh Welfare Trust. are the company's promoters of Phoenix Overseas.
Phoenix Overseas IPO Issue Objectives
- •
- Funding the working capital requirements
- •
- Pursuing inorganic growth initiatives
- •
- General corporate purposes
Contact Information
Contact Details
Phoenix Overseas
+913322198752
13B Bidhan Sarani Amherst St, Kolkata,-700006
Registrar Contact Details
Frequently Asked Questions
Click any question to reveal the answer
Phoenix Overseas IPO is a book-built IPO worth ₹36.03 crore. The price band is ₹61–₹64 per share. The IPO opens on Sep 20, 2024 and closes on Sep 24, 2024. It will be listed on NSE SME Platform. Cameo Corporate Services Limited is the registrar.
The price band of Phoenix Overseas IPO is ₹61 to ₹64 per share.
The lot size of Phoenix Overseas IPO is 2000 shares.
The minimum investment for Phoenix Overseas IPO is approximately ₹1,28,000 based on the upper price band .
Phoenix Overseas IPO opens on Sep 20, 2024 and closes on Sep 24, 2024.
The allotment date of Phoenix Overseas IPO is Sep 25, 2024.
Phoenix Overseas IPO is expected to be listed on Sep 27, 2024, on NSE SME Platform.
Phoenix Overseas IPO valuation snapshot: P/E 22.51, EPS ₹2.84/-, P/B N/A, RoNW 10.74%, and market cap N/A.
To apply for Phoenix Overseas IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Phoenix Overseas IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Phoenix Overseas IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Phoenix Overseas IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Phoenix Overseas IPO allotment status on IPO Ji for quick and easy access.