PDP Shipping & Projects Limited (BSE SME)

Mar 10, 2025 - Mar 12, 2025

Price ₹135 - ₹135
Premium ₹0
Lot size 1000
Allotment Mar 13, 2025
Listing Mar 18, 2025

Category Lot(s) Qty Amount Reserved
Retail 1 1000 135000 445
HNI 2 2000 270000 445

Last updated on 12-Mar-2025 17:03:02

CategoryOfferedAppliedTimes
HNIs4450001110000.25
Retail4450008360001.88
Total8900009470001.06
Total Applications: 1497
HNI Interest Cost Per Share (7 Days)
@7%
₹0
@8%
₹0.1
@9%
₹0.1
@10%
₹0.1
@11%
₹0.1
@12%
₹0.1
About

IPO Reservation

Investor CategoryShares OfferedNo. of Shares
Retail47.5%445000
Other47.5%445000
Market Maker5.02%47000
Total No. of Shares100.0%937000

PDP Shipping IPO Details

Issue Size9,37,000 shares
(aggregating up to ₹12.65 Cr)
Fresh Issue9,37,000 shares
(aggregating up to ₹12.65 Cr)
Issue TypeFixed Price Issue IPO
Listing AtBSE SME
Share Holding Pre Issue20,37,424 shares
Share Holding Post Issue29,74,424 shares
Market Maker Portion47,000 shares
Market MakerRikhav Securities

Key Performance Indicator (KPI)

KPINov-24Mar-24Mar-23
ROE21.18%39.62%47.73%
ROCE20.71%50.04%59.95%
D/E0.480.090.09
RONW21.1839.6247.73
EPS
(basic)
7.7111.368.26
P/E Pre IPO11.89
P/E Post IPO17.05

Company Financials In Crores

Period EndedNov-24Mar-24Mar-23Mar-22
Assets12.38.36.24.2
Revenue13.820.622.628.7
Profit After Tax1.62.31.71.9
Net Worth7.45.83.51.9
Reserves and Surplus5.43.83.51.8
Total Borrowing3.60.50.30.0

About Company

Incorporated in 2009, PDP Shipping & Projects Limited provides end-to-end logistics solutions, including sea and air freight, customs clearance, and project logistics. Operating on an asset-light model, the company partners with third-party operators to deliver cost-effective and high-quality transportation services for specialized goods such as machinery, defense equipment, and automobiles, with a strong focus on markets like Brazil, the USA, and South Korea. As an Authorized Economic Operator (AEO), it offers seamless global cargo movement via sea, air, road, rail, and multi-modal options. Holding a Multi-Modal Transport Operator (MTO) License, the company ensures smooth and timely worldwide deliveries through flexible transportation solutions, including FCL, LCL, customs clearance, warehousing, and door delivery. In air freight, PDP Shipping leverages strong relationships with global airline carriers to provide competitive rates, reliable transit times, and efficient cargo handling, including export/import clearance and door-to-door delivery. The company's ocean freight services cover LCL, FCL, cargo consolidation, customs clearance, packaging, delivery, and temperature-sensitive cargo handling, ensuring flexible schedules and shipment tracking. Additionally, PDP Shipping offers packaging, warehousing, transportation, and distribution services, including third-party logistics, focusing on safe packaging, storage, inventory management, and last-mile delivery for domestic and international shipments. As of January 27, 2025, the company has 18 employees on its payroll.

Lead Manager(s)
Sun Capital Advisory Services (P) Ltd 
Strength

Comprehensive Logistics Solutions – Offers integrated, end-to-end services, including multimodal transport, freight forwarding, customs clearance, and warehousing.

Extensive Global Network – Strong partnerships with third-party operators and global carriers ensure seamless and cost-effective transportation across key markets like Brazil, the USA, and South Korea.

Experienced Leadership – A highly skilled senior management team with deep industry expertise drives operational efficiency and strategic growth.

Weakness

Cost Management & Pricing Pressure – Sustaining growth depends on effectively controlling costs and passing on rising expenses while maintaining competitive pricing.

Regulatory Compliance – Business operations rely on obtaining and renewing statutory and regulatory approvals; any delays or failures could impact operations.

Customer Concentration Risk – A significant portion of revenue comes from a few key clients; losing any major customer could adversely affect financial performance.

Registrar
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: pdp.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/