PDP Shipping IPO is a fixed-price issue worth ₹12.65 crores, consisting entirely of a fresh issue of 9.37 lakh shares.
The IPO bidding took place from March 10 to March 12, 2025, with allotment finalized on March 13, 2025. The shares were listed on the BSE SME platform on March 18, 2025.
Priced at ₹135 per share, the IPO required a minimum application of 1,000 shares. Retail investors needed a minimum investment of ₹1,35,000, while HNIs had to apply for at least two lots (2,000 shares) amounting to ₹2,70,000.
Sun Capital Advisory Services (P) Ltd served as the book-running lead manager, Kfin Technologies Limited acted as the registrar, and Rikhav Securities Limited was the market maker for the issue.
PDP Shipping IPO Details
| IPO Date | March 10, 2025 to March 12, 2025 |
| Listing Date | March 18, 2025 |
| Face Value | ₹10 per share |
| Issue Price | ₹135 per share |
| Lot Size | 1,000 Shares |
| Total Issue Size | 9,37,000 shares (aggregating up to ₹12.65 Cr) |
| Fresh Issue | 9,37,000 shares (aggregating up to ₹12.65 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 20,37,424 shares |
| Share Holding Post Issue | 29,74,424 shares |
| Market Maker Portion | 47,000 shares Rikhav Securities Limited |
PDP Shipping IPO Reservation
PDP Shipping IPO offers total 9,37,001 shares. Out of which 4,45,000 (47.49%) allocated to NII, 4,45,000 (47.49%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Anchor Investor Shares Offered | |
| Market Maker Shares Offered | 47,000 (5.02%) |
| Other Shares Offered | 4,45,000 (47.49%) |
| Retail Shares Offered | 4,45,000 (47.49%) |
| Total Shares Offered | 9,37,001 (100%) |
PDP Shipping IPO Timeline (Tentative Schedule)
PDP Shipping IPO opens on March 10, 2025, and closes on March 12, 2025.
| IPO Open Date | Mon, Mar 10, 2025 |
| IPO Close Date | Wed, Mar 12, 2025 |
| Tentative Allotment | Thu, Mar 13, 2025 |
| Initiation of Refunds | Mon, Mar 17, 2025 |
| Credit of Shares to Demat | Mon, Mar 17, 2025 |
| Tentative Listing Date | Tue, Mar 18, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on March 12, 2025 |
PDP Shipping IPO Lot Size
Here’s a structured breakdown of the minimum and maximum investment requirements for Retail Investors and HNIs in the PDP Shipping IPO:
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1000 | ₹1,35,000 |
| Retail (Max) | 1 | 1000 | ₹1,35,000 |
| HNI (Min) | 2 | 2,000 | ₹2,70,000 |
About PDP Shipping & Projects Limited
Founded in 2009, PDP Shipping & Projects Limited specializes in end-to-end logistics solutions, including sea and air freight, customs clearance, and project logistics.
As an Authorized Economic Operator (AEO), the company facilitates global cargo transportation through sea, air, road, rail, and multi-modal solutions.
Operating on an asset-light model, PDP Shipping collaborates with third-party operators to provide cost-effective and high-quality logistics services. It focuses on handling specialized goods such as machinery, defense equipment, and automobiles, with key markets in Brazil, the USA, and South Korea.
