Paradeep Phosphates IPO, Date, GMP, Allotment

Founded in 1981 under the Companies Act, 1956, Paradeep Phosphates Limited (PPL) is India's third-largest producer of non-urea fertilizer and the second-largest producer of Di-Ammonium Phosphate (DAP)

Having an annual turnover of about Rs. 5,000 crores, the company manufactures, trades distributes, and sells various types of complex fertilisers. This includes DAP, a total of three types of NPK (NP-10, NP-12, NP-20), Zypmite, Phosphogypsum, and Hydroflorosilicic Acid (HFSA)

PPL market our fertilisers under the brand names 'Jai Kisaan - Navratna' and 'Navratna'.

As of March 31, 2022, the company's network includes 4,761 dealers and over 67,150 retailers serving over five million farmers in India.

Paradeep Phosphates IPO Date  - May 17, 2022 to May 19, 2022  

Paradeep Phosphates IPO Price - ₹39 to ₹42 per share  

Paradeep Phosphates IPO Lot Size - 350 Shares

PPL Basis of Allotment - May 24, 2022 

Paradeep Phosphates IPO Listing Date - May 27, 2022 

GMP of Paradeep Phosphates IPO Listing around - 25%