Paradeep Phosphates IPO Date, Price, GMP, Review, Details

Paradeep Phosphates IPO date is fixed, the initial public offer (IPO) is to hit the market on May 17, 2022, and close on May 19, 2022

Paradeep Phosphates IPO to raise ₹1,501 crores via IPO that comprises an offer for sale of up to 118,507,493 equity shares of Rs.10 each.

Incorporated in 1981, Paradeep Phosphates Limited is a manufacturer of non-urea fertilizers in India.

IssuerParadeep Phosphates Ltd Issue TypeBook Built Issue IPO

Issue Period Issue Opens: May 17, 2022 Issue Closes: May 19, 2022

Price Brand ₹39 to ₹42 Per Share Issue Size ₹1,501 Crores

Face Value Rs.10 per Equity Share Market Lot 350 Shares

QIB 50% of the issue size NIB 15% of the issue size

Listing at NSE & BSE Equity 118,507,493 Shares

Lot Size: Minimum 350 Shares & Maximum 4550 Shares (13 Lot)

Paradeep Phosphates IPO Allotment & Listing

Basis of Allotment: May 24, 2022  Refunds: May 25, 2022  Credit to Demat Account: May 26, 2022  Listing Date: May 27, 2022