IPO Issue Details
Issue Price / Price Band₹135 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,000 Shares per Lot
Total Issue Size9,37,000 shares (aggregating up to ₹12.65 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenMon, 10 Mar 2025
Subscription CloseWed, 12 Mar 2025
Anchor AllotmentSun, 09 Mar 2025
Basis of AllotmentThu, 13 Mar 2025
Initiation of RefundsMon, 17 Mar 2025
Credit of Shares to DematMon, 17 Mar 2025
Listing DateTue, 18 Mar 2025
UPI Mandate Deadline2025-03-12
Application & Investment Details
Retail — Min (1 Lots)₹1,35,000 — 1,000 shares
Retail — Max (13 Lots)₹1,755,000 (13 Lots)
HNI — Min (2 Lots)₹2,70,000 — 2,000 shares
EPS (Pre-IPO)₹11.36
EPS (Post-IPO)₹7.92
P/E Ratio (Pre-IPO)11.89x
P/E Ratio (Post-IPO)17.05x
Net Offer to Public8,90,000 shares (aggregating up to ₹12.02 Cr)
Reserved for Market Maker47,000 shares (aggregating up to ₹0.6345 Cr)
Pre-IPO Promoter Holding20,37,424 shares
Post-IPO Promoter Holding29,74,424 shares
About PDP Shipping & Projects Ltd
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 offers 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 deliver cost-effective, quality services for specialized goods like machinery, defense equipment, and automobiles, focusing on countries like Brazil, the USA, and South Korea.Business Model:Multimodal Transport Operations (MTO): The company holds a Multi-Modal Transport Operator's License, offering flexible transportation via 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.Ocean Freight: The company coordinates freight shipping 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 & Distribution: The company offers packaging, warehousing, transportation, and distribution services, including third-party solutions, ensuring safe packaging, storage, timely 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 Strength:Integrated, end-to-end logistics services and solutionslarge existing NetworkStrong knowledge and expertise of Senior management teamExisting Client Relationship
Objects of the Issue
PDP Shipping & Projects Ltd proposes to utilise the net proceeds from the Issue for the following objects:
1
Part funding long-term working capital requirements
10.00
2
General corporate purposes
0.80
Shareholding & Lock-in
Pre-IPO Promoter Holding
20,37,424 shares
Post-IPO Promoter Holding
29,74,424 shares