Phoenix Overseas SME IPO Details, Financials, Valuation & Peers

By IPOBaseLast Updated on

Get everything you need to know about the Phoenix Overseas IPO. Explore Phoenix Overseas IPO details, including IPO dates, financial statements, valuation, peer comparison, and more.

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Status
Listed
Biding Dates
20 Sep - 24 Sep 2024
Price Range
₹61 - ₹64
Issue Size
₹36.03 crore
Listed Price
₹640.00%

Overview

Phoenix Overseas Limited is engaged in the trading and marketing of animal feeds and agricultural produce, including commodities like corn, oil cakes, spices, food grains, pulses and agricultural feed (soya bean meal, rice bran de-oiled cake). Phoenix Overseas Limited is also involved in importing lentils, black urad dal and tur dal in India in bulk quantities. In addition to its trading operations, Phoenix Overseas manufactures and exports a wide range of jute bags, purses, wallets and belts to countries like France, Italy, Germany, the UAE and Australia. Phoenix Overseas also operates in the food preservation sector through its acquisition of a multipurpose cold storage facility and a potato storage unit, with a combined capacity of 11,827 MT.

Key Points:

  • Diverse Business Segments: Engaged in agricultural commodity trading, manufacturing fashion accessories and operating cold storage facilities.
  • Export Focus: Major exports include agricultural commodities like corn, oil cakes, spices and food grains to Bangladesh and other Asian countries.
  • Fashion Accessories: Manufactures bags, wallets and other accessories using jute, cotton, canvas and leather, catering primarily to European and Australian markets.
  • Cold Storage Capabilities: Operates a multipurpose cold storage and potato storage facility with a capacity of over 11,827 MT for food preservation.
  • Warehousing: The company also operates a 10,000 MT warehouse near the Indo-Bangladesh border for agricultural storage.

IPO Docs

Objects of the Issue

  • Funding the working capital requirements
  • Pursuing inorganic growth initiatives
  • General corporate purposes

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.

FieldsDetails
IPO Dates20 Sep - 24 Sep 2024
IPO Price Band₹61 - ₹64 per share
Fresh Issue45,80,000 shares (₹29.31 crore)
Offer For Sale10,50,000 shares (₹6.72 crore)
Total IPO Size₹36.03 crore
Face Value₹10
Listing OnNSE

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.

EventDate
IPO Opening Date20 Sep 2024
IPO Closing Date24 Sep 2024
Basis Of Allotment25 Sep 2024
Refunds26 Sep 2024
Demat Transfer26 Sep 2024
IPO Listing Date27 Sep 2024

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 Ended31st March 202131st March 202231st March 202331st March 2024
Total Income381.58378.28451.32549.15
Total Expenses373.84368.71439.33536.18
Net Profit/Loss3.113.913.715.38
NPM (*)0.821.040.820.98
Total Assets103.1694.81146.86131.63
Total Liabilities64.6052.33101.1581.50

* 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 Ended31st March 202131st March 202231st March 202331st March 2024
EPS2.152.652.543.72
ROE (%)8.079.208.1310.74
ROCE (%)11.0712.4214.5815.28
D/E Ratio0.800.700.750.59
Current Ratio1.551.711.311.24
EBITDA MARGIN (%)2.032.542.662.37

* Compiled from DRHP/RHP for valuation purposes.

Peer Comparison

No listed peers available for comparison.

Subscription Data from NSE and BSE

Investor TypeSubscribed
Qualified Institutional Buyer (QIB)65.74
Non-Institutional Investor (NII/HNI)109.71
Retail Individual Investor (RII)148.43
Total119.22

* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.

IPO Registrar

Cameo Corporate Services Limited
Phone
: +91 - 44 – 40020700
Email: investor@cameodina.com
Website: www.cameoindia.com

Company Promoters

  • APARESH NANDI
  • JAYANTA KUMAR GHOSH
  • UDAY NARAYAN SINGH
  • KANHAI SINGH WELFARE TRUST
  • BCPL RAILWAY INFRASTRUCTURE LIMITED
  • AN DEALERS LLP
  • JKG COMMERCIAL LLP
  • UNS COMMERCIAL LLP
  • TRICON LOGISTICS ENGINEERING CONSULTANCY PRIVATE LIMITED

Lead Managers

  • KHANDWALA SECURITIES LIMITED

Company Address

Phoenix Overseas Limited

13B Bidhan Sarani Amherst St, Kolkata, West Bengal, India, 700006

Phone: +91 33 22198752

Email: cs@phxglobal.net

Website: www.phxglobal.net

FAQs

  • What is the issue size of the Phoenix Overseas SME IPO?
    The Phoenix Overseas SME IPO has an issue size of ₹36.03 crore. This includes a fresh issue of 45,80,000 shares (₹29.31 crore) and an offer for sale (OFS) of 10,50,000 shares (₹6.72 crore).
  • What is the price band of the Phoenix Overseas IPO?
    The price band for the Phoenix Overseas IPO is ₹61 - ₹64 per share.
  • What are the bidding dates for the Phoenix Overseas IPO?
    The Phoenix Overseas IPO will open for bidding on 20 Sep 2024 and close on 24 Sep 2024.
  • What is the allotment date for the Phoenix Overseas IPO?
    The allotment date for the Phoenix Overseas IPO is 25 Sep 2024.
  • What is the listing date for the Phoenix Overseas IPO?
    The listing date for the Phoenix Overseas IPO is 27 Sep 2024.
  • What is the Phoenix Overseas IPO grey market premium?
    The grey market premium (GMP) for the Phoenix Overseas IPO is currently at ₹15, with an expected listing gain of approximately 23.44%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.

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