The PDP Shipping IPO is a fixed price issue of Rs 12.65 crore. The issue is entirely a fresh issue of 9.37 lakh shares.
The PDP Shipping IPO bidding opened for subscription on March 10, 2025 and will close on March 12, 2025. Allotment for the PDP Shipping IPO is expected to be finalized on Thursday, March 13, 2025. The PDP Shipping IPO will be listed on BSE SME with a tentative listing date fixed as Tuesday, March 18, 2025.
The PDP Shipping IPO is priced at ₹135 per share. The minimum lot size for application is 1000. The minimum investment amount required by retail investors is ₹1,35,000. The minimum lot size investment for HNIs is 2 lots (2,000 shares), amounting to ₹2,70,000.
Sun Capital Advisory Services (P) Ltd is the book-running lead manager for the PDP Shipping IPO, while KFin Technologies Ltd is the registrar to the issue. The market maker for the PDP Shipping IPO is Rikhav Securities Ltd. For any kind of information related to future IPO please visit this site https://newipo.info/.
PDP Shipping IPO Details
| IPO Date | March 10, 2025 to March 12, 2025 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Issue Price | ₹135 per share |
| Lot Size | 1,000 Shares |
| Total Issue Size | 9,37,000 shares (aggregating up to ₹12.65 Cr) |
| Fresh Issue | 9,37,000 shares (aggregating up to ₹12.65 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 20,37,424 shares |
| Share Holding Post Issue | 29,74,424 shares |
| Market Maker Portion | 47,000 share |
PDP Shipping IPO Timeline (Tentative Schedule)
PDP Shipping IPO opens on March 10, 2025, and closes on March 12, 2025.
| IPO Open Date | Mon, Mar 10, 2025 |
| IPO Close Date | Wed, Mar 12, 2025 |
| Tentative Allotment | Thu, Mar 13, 2025 |
| Initiation of Refunds | Mon, Mar 17, 2025 |
| Credit of Shares to Demat | Mon, Mar 17, 2025 |
| Tentative Listing Date | Tue, Mar 18, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on March 12, 2025 |
PDP Shipping & Projects Limited Financial Information (Restated)
| Period Ended | 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 |
| Reserves and Surplus | 5.38 | 3.81 | 3.46 | 1.78 |
| Total Borrowing | 3.57 | 0.5 | 0.3 | 0.04 |
About PDP Shipping & Projects Limited
Incorporated in 2009, PDP Shipping & Projects Limited provides end-to-end logistics solutions including sea/air freight, customs clearance and project logistics.
As an Authorized Economic Operator (AEO), the Company provides global cargo transportation via sea, air, road, rail and multi-modal options.
It operates on an asset-light model, partnering with third-party operators to provide cost-effective, quality services for specialty goods such as machinery, defense equipment and automobiles, focusing on countries such as Brazil, USA and South Korea.
Business Model: Multimodal Transportation Operations (MTO): The Company holds a Multi-Modal Transportation Operator's License, providing flexible transportation by rail, road and air, including FCL, LCL, customs clearance, warehousing and door delivery for smooth, timely deliveries worldwide.
Air Freight: Over the years, the company has built strong relationships with global airline carriers, ensuring competitive rates, reliable transit times and allocations. Services include cargo pick-up, export/import clearance and door-to-door delivery.
Sea Freight: The company coordinates freight by sea, offering LCL, FCL, cargo consolidation, customs clearance, packing, delivery, documentation and temperature-sensitive cargo handling, providing flexible schedules and shipment tracking.
Packaging, Warehousing, Transportation and Distribution: The company provides packaging, warehousing, transportation and distribution services, including third-party solutions, that ensure safe packaging, storage, on-time delivery, inventory management and efficient last-mile delivery for domestic and international shipments.
As of January 27, 2025, the company has 18 employees on the payroll.
Competitive Strengths:
Integrated, end-to-end logistics services and solutions
Large existing network
Strong knowledge and expertise of senior management team
Existing client relationships
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