Paradeep Phosphates IPO GMP Today, Lot Size, Share Price, Allotment

Paradeep Phosphates IPO

As a result, the government chose to privatize the losing entity to save it. In 2002, the government sold a majority stake to a firm of the KK Birla Group

Paradeep Phosphates IPO GMP Today

The IPO of Paradip Phosphates is a hybrid of an offer for sale (OFS) and a fresh issue. The government is selling its 19.5 per cent ownership in the corporation as part of the OFS.

Pradeep Phosphates IPO Lot Size

Pradeep Phosphates is all set to hit the primary market with an IPO GMP today. shares aggregating up to Rs 300 crore and an offer for sale of up to 1.17 crore equity shares by existing shareholders.

Pradeep Phosphates IPO Review

The price range will determine the outcome of the Paradeep Phosphates IPO.

ssue size

Rs 300 crore (fresh issue of equity shares) + Rs 1,170 crore (offer for sale)

ssue size: Rs 300 crore (fresh issue of equity shares) + Rs 1,170 crore (offer for sale) Price band: Rs 86-87 per share Lot size: 55 share Minimum investment: Rs 4,755 Lead manager: SBI Capital Markets Ltd

Conclusion

We walked you through all the information you need regarding the Pradeep Phosphates IPO. You are now aware of the Pradeep Phosphate IPO GMP, Lot Size, Share Price, and Allotment. I

Paradeep Phosphates IPO GMP Today

State-owned fertilizer factory Paradip Phosphate was in debt of Rs 1,000 crore in the early 2000s.