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Paradeep Phosphates IPO

Fertilizers/Chemicals - Listed on 27 May 2022

+4.5% listing gain
Issue Price (Upper)
Rs 42
Listing Price
Rs 43.9
Closing Price (NSE)
Rs 43.55
Total Subscription
41.30x

Paradeep Phosphates IPO listing summary

Paradeep Phosphates (Fertilizers/Chemicals) closed its IPO window in 2022 and listed on NSE and BSE on 27 May 2022 at an upper band issue price of Rs 42, opening at Rs 43.9 for a listing gain of +4.5% and closing day one at Rs 43.55 (+3.7% on closing basis). The IPO was subscribed 41.30x overall - QIB 108.35x, HNI/NII 38.33x, Retail 4.26x. The total issue size was Rs 2,150 Cr (Fresh Issue Rs 2150 Cr, OFS Rs 0 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.

Listing day performance

Listing Gain (Open)
+4.52%
Listing Gain (Close)
+3.69%
Day Change After Listing
-0.83%
Retail Quota
35.0%

Subscription breakdown

Final (Day 3) subscription

Number of times each investor category subscribed by close of Day 3.

QIB108.35x
HNI / NII38.33x
Retail4.26x
Overall41.30x

Day-wise overall subscription

How overall subscription built up across the three-day issue window.

Day 10.67x
Day 22.89x
Day 3 (Final)41.30x

Paradeep Phosphates IPO GMP history

Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.

DayGMP (Rs)GMP %
Day 1Rs 00.00%
Day 2Rs 00.00%
Day 3Rs 00.00%
Day 4Rs 00.00%
Day 5Rs 00.00%

GMP Prediction vs IPOGyani AI Prediction

Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.

GMP Prediction Range
0.0%
IPOGyani AI Prediction
-
Actual Listing Gain
+4.5%

Issue & financials

Issue SizeRs 2,150 Cr
Fresh IssueRs 2,150 Cr
OFSRs 0 Cr
IPO PE24.47
Peer / Sector PE67.17
PE vs Sector Ratio1.22
Latest EBITDA (Cr)12.54
Debt / Equity0.97

Market context at listing

How the broader market moved around the Paradeep Phosphates IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.

Nifty 3D Return-0.02%
Nifty 1W Return+0.00%
Nifty 1M Return+0.05%
Nifty during IPO window-0.00%

Paradeep Phosphates IPO - FAQs

What was the listing gain of Paradeep Phosphates IPO?

Paradeep Phosphates IPO listed at +4.5% versus the upper issue price of Rs 42 on 27 May 2022.

How many times was Paradeep Phosphates IPO subscribed?

Paradeep Phosphates IPO was subscribed 41.30x overall. QIB portion was subscribed 108.35x, HNI / NII 38.33x and Retail 4.26x.

What was the IPO GMP for Paradeep Phosphates?

IPO GMP started at Rs 0 on Day 1 and moved to Rs 0 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.

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