PDP Shipping & Projects Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 445,000 (47%) | — | ₹601 Cr |
| Retail | — | 445,000 (47%) | — | ₹601 Cr |
| Market Maker | — | 47,000 (5%) | — | ₹6 Cr |
| Σ Total | — | 937,000 (100%) | — | ₹12,650 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | ₹135,000 |
| Retail (Max) | 13 | 13,000 | ₹1,755,000 |
| S-HNI (Min) | 14 | 14,000 | ₹1,890,000 |
| B-HNI (Min) | 67 | 67,000 | ₹9,045,000 |
Financial Statements Amount in ₹ Crore
| Metric | 30 Nov 2024 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue | 14 | 21 | 23 |
| Profit After Tax | 2 | 2 | 2 |
| Net Worth | 7 | 6 | 4 |
| Total Assets | 12 | 8 | 6 |
| Reserves & Surplus | 5 | 4 | 3 |
| Total Borrowing | 4 | 1 | 0 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Part funding long-term working capital requirements – 10.00
- General corporate purposes – 0.80
Company Overview
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 solutions
- large existing Network
- Strong knowledge and expertise of Senior management team
- Existing Client Relationship