PDP Shipping & Projects SME IPO Details, Financials, Valuation & Peers
Explore PDP Shipping & Projects IPO details, including IPO dates, financial statements, valuation, peer comparison and more.
Overview
PDP Shipping & Projects Limited is a logistics and transportation solutions provider, specializing in multi-modal transport operations (MTO), freight forwarding (sea and air), customs clearance, and project logistics. The company is licensed by the Directorate General of Shipping, Government of India, and operates as an Authorized Economic Operator (AEO). With expertise in handling over-dimensional cargo (ODC), heavy-lift logistics, RoRo loadouts, and sea towing operations, PDP Shipping & Projects Limited offers end-to-end logistics solutions across various industries, including automobile, defense, heavy engineering, energy, shipyards, infrastructure, and FMCG. PDP Shipping & Projects operates on an asset-light business model, leveraging a strong network of third-party transport operators, logistics partners, and global agency networks to ensure cost-efficient and seamless supply chain solutions. Strategically headquartered in CBD Belapur, Navi Mumbai, near JNPA SEZ, PDP Shipping & Projects Limited offers import and export logistics services across multiple transportation hubs, including seaports, inland container depots (ICD), airports, and land customs stations (LCS) in India.
Key Points:
- End-to-End Logistics Solutions: Offers a complete range of services, including multi-modal transport operations (MTO), international freight forwarding (sea & air), customs clearance, and project logistics.
- Expertise in Project Cargo & Heavy-Lift Operations: Specialized in handling super heavy-lift, over-dimensional cargo (ODC), RoRo loadouts, sea towing, temporary jetty construction, and weight spreading techniques.
- Diverse Industry Coverage: Serving automobile, defense, heavy engineering, shipyards, energy, infrastructure, FMCG, and electronics sectors, ensuring tailored logistics solutions for different industries.
- Asset-Light Business Model: Relies on a strong third-party network of transport operators, warehouses, and global agency partnerships, allowing cost-effective and scalable logistics operations.
Objects of the Issue
- Part funding long-term working capital requirement
- General Corporate Purpose
IPO Details
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | 10 Mar - 12 Mar 2025 |
| IPO Price Band | ₹135 per share |
| Fresh Issue | 9,37,000 shares |
| Offer For Sale | NIL |
| Total IPO Size | ₹12.65 crore |
| Face Value | ₹10 |
| Listing On | BSE |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 10 Mar 2025 |
| IPO Closing Date | 12 Mar 2025 |
| Basis Of Allotment | 13 Mar 2025 |
| Refunds | 17 Mar 2025 |
| Demat Transfer | 17 Mar 2025 |
| IPO Listing Date | 18 Mar 2025 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31st March 2022 | 31st March 2023 | 31st March 2024 | Nov 2024 |
|---|---|---|---|---|
| Total Income | 28.73 | 22.60 | 20.58 | 13.78 |
| Total Expenses | 26.09 | 20.33 | 17.47 | 11.69 |
| Net Profit/Loss | 1.91 | 1.68 | 2.31 | 1.57 |
| NPM (*) | 6.65 | 7.48 | 11.28 | 11.42 |
| Total Assets | 4.22 | 6.22 | 8.26 | 12.32 |
| Total Liabilities | 2.37 | 2.69 | 2.42 | 4.91 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Valuation
Uncover significant valuation metrics such as EPS (Earnings Per Share), ROE (Return on Equity), ROCE (Return on Capital Employed), D/E Ratio (Debt-to-Equity Ratio), Current Ratio, and EBITDA Margin. These key indicators offer insights into the company's financial standing and performance, aiding in informed investment decisions.
| Period Ended | 31st March 2022 | 31st March 2023 | 31st March 2024 | Nov 2024 |
|---|---|---|---|---|
| EPS | 9.37 | 8.26 | 11.36 | 7.71 |
| ROE (%) | 103.69 | 47.73 | 39.62 | 21.18 |
| ROCE (%) | 140.55 | 59.95 | 50.04 | 20.71 |
| D/E Ratio | 0.02 | 0.09 | 0.09 | 0.48 |
| Current Ratio | 1.53 | 1.19 | 1.41 | 2.08 |
| EBITDA MARGIN (%) | 9.25 | 10.28 | 15.89 | 18.10 |
* Compiled from DRHP/RHP for valuation purposes.
Peer Comparison
Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.
| Name | Revenue | P/E | EPS | RoNW | NAV |
|---|---|---|---|---|---|
| PDP Shipping & Projects Limited | 20.52 | 11.89 | 11.36 | 39.62 | 28.66 |
| Marinetrans India Limited | 106.34 | 76.36 | 0.33 | 1.28 | 19.99 |
| S J Logistics (India) Limited | 270.86 | 26.73 | 20.03 | 20.03 | 77.36 |
| Cargosol Logistic Limited | 113.55 | Negative | -4.18 | -18.21 | 19.53 |
* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.
Subscription Data from NSE and BSE
| Investor Type | Subscribed |
|---|---|
| Qualified Institutional Buyer (QIB) | 0 |
| Non-Institutional Investor (NII/HNI) | 0.14 |
| Retail Individual Investor (RII) | 1.88 |
| Total | 1.01 |
* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.
IPO Registrar
KFin Technologies Limited
Phone: +91 40 6716 2222/ 18003094001
Email: einward.ris@kfintech.com
Website: www.kfintech.com
Company Promoters
- ANIMESH KUMAR
Lead Managers
- SUN CAPITAL ADVISORY SERVICES PRIVATE LIMITED
Company Address
PDP Shipping & Projects Limited
A-606, Mahavir Icon, Plot numbers 89 & 90, Sector 15, CBD Belapur, Navi Mumbai - 400 614
Phone: 022 2756 5053
Email: compliance@pdpprojects.com
Website: www.pdpprojects.com
FAQs
- What is the issue size of the PDP Shipping & Projects SME IPO?The PDP Shipping & Projects SME IPO has an issue size of ₹12.65 crore. This includes a fresh issue of 9,37,000 shares and an offer for sale (OFS) of NIL.
- What is the price band of the PDP Shipping & Projects IPO?The price band for the PDP Shipping & Projects IPO is ₹135 per share.
- What are the bidding dates for the PDP Shipping & Projects IPO?The PDP Shipping & Projects IPO will open for bidding on 10 Mar 2025 and close on 12 Mar 2025.
- What is the allotment date for the PDP Shipping & Projects IPO?The allotment date for the PDP Shipping & Projects IPO is 13 Mar 2025.
- What is the minimum lot size and investment required for the PDP Shipping & Projects IPO?The minimum lot size for the PDP Shipping & Projects IPO is 1000 shares and the minimum investment required is ₹1,35,000.
- What is the listing date for the PDP Shipping & Projects IPO?The listing date for the PDP Shipping & Projects IPO is 18 Mar 2025.
- What is the PDP Shipping & Projects IPO grey market premium?The grey market premium (GMP) for the PDP Shipping & Projects IPO is currently at ₹0, with an expected listing gain of approximately 0%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.