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IPO

IPO Synopsis
Paradeep Phosphates Ltd
Registered Office: 5th Flr Orissa State Handloom,Pandit Jawaharlal Nehru Marg , Bhubaneswar - 751001 , Orissa , India.
Phone : 91-674-2393931 (10 lines)   Fax:91-674-2391669/2392631/2394987
Email :  dmishra@adventz.com  
Website :  www.paradeepphosphates.com
Initial public offer of 357,555,112* equity shares of face value of Rs. 10 each (the "Equity Shares") of Paradeep Phosphates Limited (the "Company" or the "Issuer") for cash at a price of Rs. 42 per equity share (including a share premium of Rs. 32 per equity share) (the "Offer Price") aggregating to Rs. 1501.73 crores comprising a fresh issue of 239,047,619* equity shares aggregating to Rs. 1004.00 crores (the "Fresh Issue") and an offer for sale of 118,507,493* equity shares aggregating to Rs. 497.73 crores comprising 6,018,493* equity shares aggregating to Rs. 25.28 crores by Zuari Maroc Phosphates Private Limited ("Zmppl") and 112,489,000* equity shares aggregating to Rs. 472.45 crores by the president of india, acting through the ministry of chemicals and fertilizers, government of india (the "GOI" and together with zmppl, the "Selling Shareholders" and such equity shares offered by the selling shareholders, the "Offered Shares") (such offer for sale by the selling shareholders, the "Offer for Sale" and together with the fresh issue, "The Offer"). The face value of the equity shares is Rs. 10. The offer price is 4.2 times the face value of the equity shares. The offer shall constitute 43.90%of the post-offer paid up equity share capital of the company. *Subject to finalization of the basis of allotment Offer price: Rs.42 per equity share of fac value of Rs.10 each. The Offer Price is 4.2 times the face value of the equity shares.

Issue Money Payable On
Opens On Closes On Application Allotment
17-May-22 19-May-22 Rs42.00-0.00 Rs0.00-0.00
Minimum Application for shares in Nos :350  Further Multiples of :350

  Rs Cr Lead Managers to the Issue
Project Cost 963.15
Axis Capital Ltd
Project Financed through Current Offer 1501.73  
Post Issue Equity Share Capital 814.50  
Issue Price Rs42.00  
 
Projects
Part-Financing the Acquisition of the Goa FacilityGeneral Corporate Purposes
Repayment/Prepayment of certain of the Borrowings
Promoted By
Zuari Maroc Phosphates P Ltd
Zuari Chemical Ltd OCP S A
The President of India
Listing At
BSE 
NSE 
Registrar to the Issue
Link Intime India Pvt Ltd