VMPL
Navi Mumbai (Maharashtra) [India], March 10: PDP Shipping & Projects Limited (PSPL), a leading provider of integrated logistics and freight forwarding solutions, today announces the opening of its Initial Public Offering (IPO), offering 9,37,000 equity shares at a fixed price of Rs. 135 per share. The IPO will open on 10th March 2025 and close on 12th March 2025. The shares will be credited to demat accounts by 17th March 2025, with the listing on the BSE SME platform scheduled for 18th March 2025.
Key IPO Details:
Issue Open Date: 10th March 2025
Issue Close Date: 12th March 2025
Credit of Shares to Demat: 17th March 2025
Listing Date: 18th March 2025
Issue Type: Fixed Price Issue IPO
Price Band: Rs. 135 per share
Face Value: Rs. 10 per share
Total Issue Size: Rs. 1264.95 Lakhs
Listing At: BSE SME
Lot Size: 1,000 shares
Market Maker Reservation: 47,000 shares
Equity Share Allocations:
Retail Individual Investors (RIIs): 4,45,000 equity shares
Non-Institutional Investors (NIIs) / High Net Worth Individuals (HNIs): 4,45,000 equity shares
Market Maker Reservation: 47,000 equity shares
The Lead Manager to the issue is Sun Capital Advisory Services Private Limited, while Kfintech Technologies Limited serves as the Registrar to the issue. Rikav Securities Limited has been appointed as the Market Maker for the issue.
The net proceeds from the IPO will be utilized to Part funding long-term working capital requirements and for general corporate purposes.
About PDP Shipping & Projects Ltd:
Founded in 2009 and headquartered in Navi Mumbai, India, PDP Shipping & Projects Ltd. is a public limited company that specializes in providing end-to-end global logistics solutions. With over 15 years of experience in the industry, the company offers services such as sea freight, air freight, multimodal transportation, customs brokerage, and other value-added services, ensuring efficient and cost-effective supply chain management.
PDP Shipping & Projects Ltd. is a licensed Multi-modal Transport Operator (MTO) and Customs Broker, with accredited status as an Authorized Economic Operator (AEO). The company specializes in the handling of Breakbulk, Heavy Lift, and Project Cargo, offering tailor-made logistics solutions for complex supply chains.
Driven by a commitment to innovation, operational excellence, and sustainability, PDP Shipping & Projects Ltd. delivers reliable and customized solutions to clients across diverse industries.
About the Promoter - Animesh Kumar:
Animesh Kumar, the Founder, Director, and CEO of PDP Shipping & Projects Ltd., is a recognized industry expert in Project Logistics. With over 24 years of experience in global transportation and logistics, Mr. Kumar has successfully led the company's growth by providing tailored solutions to complex supply chain challenges. Under his leadership, the company has achieved global recognition, securing prominent corporate clients.
A first-generation entrepreneur, Mr. Kumar has consistently driven innovation and operational excellence in the logistics industry. He is also an active thought leader and contributor to the industry, participating as a speaker, panellist, and visiting faculty at prestigious institutions and forums. Outside of his professional achievements, Mr. Kumar is a dedicated social worker, supporting students in financial distress.
Financial Performance:
For the period ended November 30, 2024, and the fiscal years ending March 31, 2024, March 31, 2023, and March 31, 2022, PDP Shipping & Projects Limited reported the following financial results:
Revenue:
- Rs1,375.6 Lakhs (for the period ended November 30, 2024)
- Rs2,051.6 Lakhs (FY 2024)
- Rs2,248.19 Lakhs (FY 2023)
- Rs2,871.88 Lakhs (FY 2022)
EBITDA:
- Rs249.04 Lakhs (for the period ended November 30, 2024)
- Rs325.99 Lakhs (FY 2024)
- Rs231.07 Lakhs (FY 2023)
- Rs265.71 Lakhs (FY 2022)
Contact: PDP Shipping & Projects Ltd.
Investor Relations
Phone: +91 9967390901
Email: neelsheth@genzinvestments.in
About Sun Capital Advisory Services Private Limited: Sun Capital Advisory Services Private Limited is a leading financial services firm acting as the Lead Manager to the IPO.
About Kfintech Technologies Limited: Kfintech Technologies Limited is the Registrar to the issue.
About Rikav Securities Limited: Rikav Securities Limited is the Market Maker for the issue.
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