Paradeep Parivahan IPO: Check allotment status, listing date and other details

Paradeep Parivahan IPO managed to sail through on the last day of the bidding process. The overall subscription stood at 1.5 times with retail investors leading the bids. The company will finalise the share allotment process later today.

Investors can check Paradeep Parivahan IPO allotment status through BSE and also via the registrar's website.

Firstly, here's how you check Paradeep Parivahan IPO allotment on BSE

Step 1: Visit the BSE Website (https://www.bseindia.com/investors/appli_check.aspx)

Step 2: Please select the issue name, that is the company's name in the drop down.

Step 3: Enter the application number or PAN number to check the allotment status.

Check Paradeep Parivahan IPO allotment through Bigshare Services

Step 1: Visit the Bigshare Services website (https://ipo.bigshareonline.com/IPO_Status.html)

Step 2: Select Paradeep Parivahan IPO

Step 3: Enter the PAN details and click search to know the status

Check Paradeep Parivahan GMP

Paradeep Parivahan GMP on allotment day is at Rs 0, reflecting a premium of 0% over the issue price. The listing is scheduled on March 24.

Paradeep Parivahan IPO details

Paradeep Parivahan offered around 45.78 lakh shares to investors at Rs 98 apiece. The company will raise Rs 45 crore through the IPO and will use the funds for working capital requirements.

About Paradeep Parivahan

Paradeep Parivahan helps ships and cargo at Paradip Port in Odisha, India. It started in 2000 and provides various port-related services.

Their main services include cargo handling where they manage the loading and unloading of goods and ship husbandry. Other services such as stevedoring, dredging, and custom clearance are offered.

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