✓
Open
10 Mar 2025
✓
Close
12 Mar 2025
3
Allotment
—
✓
Listing
Tue, Mar 18, 2025
Price Band
₹135 per share
Issue Size
9,37,000 shares (agg. up to ₹13 Cr)
Lot Size
1,000 Shares
Listing Date
Tue, Mar 18, 2025
Latest GMP
₹0
Est. Gain
0%
✦ AI Insight
GMP Trend
18-03-2025₹0Est. ₹135+0%
17-03-2025₹0Est. ₹135+0%
16-03-2025₹0Est. ₹135+0%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.00x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Nov 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 12.32 | 8.26 | 6.22 | 4.22 |
| Total Income | 13.78 | 20.58 | 22.60 | 28.73 |
| Profit After Tax | 1.57 | 2.31 | 1.68 | 1.91 |
| NET Worth | 7.41 | 5.84 | 3.52 | 1.85 |
| Reserves and Surplus | 5.38 | 3.81 | 3.46 | 1.78 |
| Total Borrowing | 3.57 | 0.50 | 0.30 | 0.04 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Tejas Cargo India Ltd. | SME | ₹105.84 Cr | ₹168 | 22.35 | ₹168.00 | +0.00% | ₹385.00 (+1.32%) |
| GB Logistics Commerce Ltd. | SME | ₹25.07 Cr | ₹102 | 12.03 | ₹81.75 | -19.85% | ₹28.87 (+4.98%) |
| Pranik Logistics Ltd. | SME | ₹22.47 Cr | ₹77 | 15.33 | ₹82.95 | +7.73% | ₹44.00 (-2.22%) |
| Deccan Transcon Leasing Ltd. | SME | ₹65.06 Cr | ₹108 | 15.72 | ₹110.25 | +2.08% | ₹20.80 (-0.95%) |
| Rapid Multimodal Logistics Ltd. | SME | ₹8.49 Cr | ₹84 | 13.12 | ₹108.10 | +28.69% | ₹132.50 (+0.38%) |
| Brace Port Logistics Ltd. | SME | ₹24.41 Cr | ₹80 | 13.49 | ₹159.60 | +99.50% | ₹61.50 (+2.41%) |
| Afcom Holdings Ltd. | SME | ₹73.83 Cr | ₹108 | 14.33 | ₹215.45 | +99.49% | ₹1,389.15 (-1.68%) |
| Ashapura Logistics Ltd. | SME | ₹52.66 Cr | ₹144 | 11.54 | ₹175.75 | +22.05% | ₹53.75 (-3.15%) |
| Premier Roadlines Ltd. | SME | ₹40.36 Cr | ₹67 | 15.7 | ₹91.35 | +36.34% | ₹46.25 (+0.54%) |
| GConnect Logitech & Supply Chain Ltd. | SME | ₹5.60 Cr | ₹40 | 1.5 | ₹44.10 | +10.25% | ₹10.00 (+0.00%) |
| Western Carriers (India) Ltd. | Mainboard | ₹492.88 Cr | ₹172 | 16.85 | ₹159.44 | -7.30% | ₹95.17 (+0.00%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Part funding long-term working capital requirements | 10.00 |
| 2 | General Corporate Purposes | 0.80 |
| 3 | Issue Expenses | 1.85 |
| Total | 12.65 |
About PDP Shipping IPO
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 consolidatio
Contact Details
PDP Shipping & Projects Ltd. AddressA-606, Mahavir IconPlot numbers 89 & 90, Sector 15CBD BelapurNavi Mumbai, Maharashtra, 400614022 2756 5053compliance@pdpprojects.comVisit Website