PDP Shipping & Projects IPO Closed
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Schedule of PDP Shipping & Projects
| Issue open date | 10 Mar 2025 |
| Issue close date | 12 Mar 2025 |
| UPI mandate deadline | 12 Mar 2025 (5 PM) |
| Allotment finalization | 13 Mar 2025 |
| Refund initiation | 17 Mar 2025 |
| Share credit | 17 Mar 2025 |
| Listing date | 18 Mar 2025 |
| Mandate end date | 27 Mar 2025 |
| Lock-in end date for anchor investors (50%) | 12 Apr 2025 |
| Lock-in end date for anchor investors (remaining) | 11 Jun 2025 |
Note: The schedule is tentative. The anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares and 90 days after for the remaining portion. The allotment status can be checked on the registrar's website and the exchange website.
About PDP Shipping & Projects
PDP Shipping & Projects, founded in 2009 and public since 2015, provides end-to-end logistics, including multi-modal transport, freight forwarding, and customs clearance. Specializing in heavy lift and over-dimensional cargo, it operates an asset-light model with a global network. Licensed as a Multi-Modal Transport Operator and Custom Broker, it ensures seamless logistics for industries like defense and heavy engineering. PDP Shipping is an ISO 9001:2015 certified company offering cost-efficient and tailored transport solutions.
Financials of PDP Shipping & Projects
*All figures are in ₹ Crores.
Issue size
| Funds Raised in the IPO | Amount |
| Overall | ₹12.65 crores |
| Fresh Issue | ₹12.65 crores |
Utilisation of proceeds
| Purpose | INR crores (%) |
| Part funding long-term working capital | 10 (92.59%) |
| General corporate purposes | 0.80 (7.41%) |
Strengths
- Diversified clientele across multiple industries.
- Proven track record in handling over-dimensional, breakbulk, and project cargo.
- Strong technical capabilities in turnkey projects and critical consignments.
- Provides integrated global supply chain solutions under a single window.
- Experienced senior management with deep industry expertise.
Risks
- High dependence on infrastructure, defence, and heavy engineering sectors.
- Regulatory risks due to licensing and government policies in logistics.
- Fluctuations in fuel prices and global trade disruptions impact costs.
- Competitive pricing pressure from established players in the logistics industry.
- Operational risks in multimodal transportation and project cargo handling.
Allotment Status for PDP Shipping & Projects
To check your allotment status – click here.
Subscription Figures for PDP Shipping & Projects
Subscription numbers as of 5:00 PM on 12 Mar 2025:
| Category | Reserved (lakhs) | Applied (lakhs) | Subscription (X times) |
|---|---|---|---|
| HNI (₹2L+) | 4.45 | 0.64 | 0.14x |
| Retail (upto ₹2L) | 4.45 | 8.36 | 1.88x |
| Total | 8.90 | 9 | 1.01x |