Paradeep Phosphates Ltd - IPO

Paradeep Phosphates Ltd IPO Details

Initial public offer of 357,555,112* equity shares of face value of Rs. 10 each (the Equity Shares) of Paradeep Phosphates Limited (the Company or the Issuer) for cash at a price of Rs. 42 per equity share (including a share premium of Rs. 32 per equity share) (the Offer Price) aggregating to Rs. 1501.73 crores comprising a fresh issue of 239,047,619* equity shares aggregating to Rs. 1004.00 crores (the Fresh Issue) and an offer for sale of 118,507,493* equity shares aggregating to Rs. 497.73 crores comprising 6,018,493* equity shares aggregating to Rs. 25.28 crores by Zuari Maroc Phosphates Private Limited (Zmppl) and 112,489,000* equity shares aggregating to Rs. 472.45 crores by the president of india, acting through the ministry of chemicals and fertilizers, government of india (the GOI and together with zmppl, the Selling Shareholders and such equity shares offered by the selling shareholders, the Offered Shares) (such offer for sale by the selling shareholders, the Offer for Sale and together with the fresh issue, The Offer). The face value of the equity shares is Rs. 10. The offer price is 4.2 times the face value of the equity shares. The offer shall constitute 43.90%of the post-offer paid up equity share capital of the company.*Subject to finalization of the basis of allotmentOffer price: Rs.42 per equity share of fac value of Rs.10 each.The Offer Price is 4.2 times the face value of the equity shares.

Objective of issue

Part-Financing the Acquisition of the Goa Facility. Repayment/Prepayment of certain of the Borrowings. General Corporate Purposes.

Paradeep Phosphates Ltd Contact Details

Paradeep Phosphates Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

Phone - 91-22-49186000

Fax - 91-22-49186060

Email - cs.ppl@adventz.com

Website - www.paradeepphosphates.com